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Updated over 5 years ago on . Most recent reply

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Nick G.
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North / Northwest Chicago area where properties can cash flow +?

Nick G.
Posted

I am in Glencoe and want to seek investment properties that aren't terribly far away.  Has anyone been successful in any N or NW Chicago suburbs to easily rent and get cash flow?  If so which suburbs and types of properties are you targeting? (MF, SF, etc.)

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Jake Fugman
  • Real Estate Broker
  • Chicago, IL
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Jake Fugman
  • Real Estate Broker
  • Chicago, IL
Replied

@Nick G. If you can stretch as far down as the near NW neighborhoods of Chicago like Portage Park, Mayfair, Jefferson Park there is opportunity to still cash flow in the 2-4 unit space. A lot of homes in those areas have in law units as well that can be taken advantage of.  Could be worth looking at neighborhoods close to (but w.in) Chicago boundary that still benefit from lower taxes but have a suburban feel. 

  • Jake Fugman
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