Rockford IL Multifamily Market
I've been looking and running numbers for multifamily properties in different markets around Southern WI and Northern IL (I live in Chicago). My grandparents have lived in Rockford for 25+ years and I started running numbers and it looks like it could be a decent market. My perception has always been that it's a little more blue collar but when I asked around, a lot of people have said it's a depressed area and I'm better off sticking to the Chicago suburbs.
My grandparents live north of state and west of Mulford Rd, so that's the area I've driven around the most and it seems OK. Any areas I should stay away from? Anyone have experience investing around here and have good/bad experience?
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@Rachel Stewart
I've worked for the city of Rockford for 20 years. If you have any questions on a particular street or area, send me a message.