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Multi-Family and Apartment Investing

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Charles Cathey
Pro Member
  • Investor
  • Chicago, IL
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15
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Chicago: House Hacking Neighborhood Recommendations

Charles Cathey
Pro Member
  • Investor
  • Chicago, IL
Posted Oct 26 2021, 19:43

Hi All,

Relocating to Chicago this Feb/March 2022 and plan on finding a multi-family 2-4 unit property to house hack with my wife. Starting my preliminary search of the city, neighborhoods, zips, and surroundings areas to narrow my search and plan a visit with my local relator soon.

What areas and neighborhoods would you suggest I search in? I understand my tolerance on price and condition of the property will help determine where I look, but wanted to see if there were any neighborhoods I should make sure I don't overlook. I preferably want to house hack a property that I can force a little appreciation into with updating and TLC, but also wouldn't mind a turnkey property if the location, cashflow and cap rate makes sense.

Thanks for any suggestions in advance!

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