Southwest Chicago Suburbs (Joliet, Lockport, etc)

[Tom Lynn]

Does anyone have direct multifamily home experience in the Joliet or near surrounding areas?  I live nearby and I see the cash flow potential in Joliet from the numbers but does the stereotype of the area hurt anything?

[Jaime Frausto]

I Invest in Joliet west and east. You have to know the areas. My properties are east of Larkin but west of center. Not very good appreciation but good cash flow . 10-15 % cap rates. 7-8% vac. Hope it helps.