For those investing in Chicago, I'm curious what your thoughts are on the Illinois Medical District area. Most deals I've looked at & offered on are on the North side so I'm not hugely familiar with the area, but there looks to be a lot of investment pouring into it (The Gateway project, Cook County Hospital redevelopment, etc.) and rents seem pretty strong. Does anyone have experience investing here? Any feedback on vacancy rates & tenant class? I think it could be a good area to invest in but would love some insight from those more familiar with the area.
Thanks in advance.
Although I don't have personal investment experience in the area, I've always been a fan of that area in general. With the university and Little Italy it provides a strong demand from students, residents, and say young professional looking to have a close commute to the loop.