Real Estate Professional · Dublin, OH · Member since 2013 · 251 posts · 165 votes
Wanted to start a discuss for all the investors in Lake or McHenry Counties since there isn't an area specifically for that. Interested to hear of issues and concerns in a more targeted/local way.
I can say I recently came across a concern with a house I have in McCullum Lake area. Since I originally started with HomeVestors the "We Buy Ugly Houses" guys in Cleveland in 2012, and just expanded to Chicago area last year I was unfamiliar with the class action lawsuit against that chemical plant and the people who developed (allegedly) brain cancer in that area.
Anyone have any more info on this or done a deal in that area? Would be interested to see how a flip went. Market timing is a little high but I would have a concern there, but after hearing about the lawsuit I'm emotionally less interested in the project I have.
Lets discuss more local Lake/ McHenry County issues!
Woodstock, IL · Member since 2016 · 2 posts · 3 votes
9y
Hiya, I'm pretty new to both the area and biggerpockets. Working to reno a 3/2/2 SFH,and have a 1/1 condo rented, both in McHenry County. Also a 2/2/2 rented in FL. Hope to see more activity in this thread!
Woodstock, IL · Member since 2016 · 2 posts · 3 votes
9y
Hiya, I'm pretty new to both the area and biggerpockets. Working to reno a 3/2/2 SFH,and have a 1/1 condo rented, both in McHenry County. Also a 2/2/2 rented in FL. Hope to see more activity in this thread!
Investor · Crystal Lake, IL · Member since 2014 · 11 posts · 1 vote
8y
I have a 3/2 that I rent out for 1250 per mo. Currently has my original tenant and they want to stay, I am looking to sell, let me know if there is any interest. looking for 130k sale
Chicago, IL · Member since 2017 · 34 posts · 9 votes
8y
Hi Everyone! I have a potential deal in Grayslake, have the initial OK- on private money but this will be my first deal and I was wondering if anyone could double check my numbers/sanity check? Looking for someone more familiar with that area as up until now I have been focusing mostly downtown.
Chicago, IL · Member since 2017 · 34 posts · 9 votes
8y
Hi again - does anyone have experience sub-metering multifamily properties in Lake County? There's a number of properties in the area I've looked at online but I notice a lot of them aren't split utilities. I've heard rumors about third party companies that come out and sub-meter water. What are the options for water/gas/electricity?