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Buying & Selling Real Estate

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Dave Shutack
  • Chicago, IL
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Which Chicago suburbs to purchase cash flowing multi-family home?

Dave Shutack
  • Chicago, IL
Posted Oct 6 2015, 18:20

Hi BP,

I'm looking to purchase my first MFH this year and I'm looking for advice on where to hunt for deals in the greater Chicago area. 

I currently live in Lakeview and love the area, but after a lot of research, the multi-families here in the northside neighborhoods just don't make sense to me. Cash flowing properties seem nearly impossible to find and most properties exceed my budget. 

That being said, I'd like to explore other options in the surrounding neighborhoods and suburbs outside of northside Chicago. 

Any suggestions where to look? I moved here from Michigan two years ago and I'm not very familiar with the areas outside of Lakeview/Lincoln Park.

Thanks!

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