Real estate investing in Chicago suburb

Real estate investing in Chicago suburb

Member since 2019 · 2 posts · 0 votes

I am looking at SFH in mudelein , IL. A SFH , house looks okay , some repairs are needed. It is a 3br 2 baths with a large basement. Numbers make sense but I am worried about the location . Is anyone familiar with that location . If yes , is it a good location to get a SFH to buy , live in for a bit , rehab and rent? . Thank you so much to Bigger pocket yall are the best.

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  • Property Manager · Lindenhurst, IL · Member since 2016 · 854 posts · 506 votes
    6y

    This is just a general comment about the town, as I don't know the specific of your property and location, but just in general, I would say it's a good place to rent.

  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    6y

    @Bron James

    I own a number of rentals in the surrounding towns near mundelein and you should be fine.  As with all properties; location, condition and rental price are key to having a successful rental.

  • Real Estate Agent · Wauconda, IL · Member since 2016 · 208 posts · 99 votes
    6y

    @Bron James, IMO it's a desirable area for affordable rentals!


  • Member since 2019 · 25 posts · 11 votes
    6y

    Schools in Mundelein don't have a very good reputation and that limits the number of young families looking to move there. 

  • Member since 2019 · 2 posts · 0 votes
    6y

    Thank you for the feedback.

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