Chicago: Investing in East Garfield Park and Austi
Hello BP and fellow Chicagoland Investors.
Through conversations and research I’ve increasingly heard more about East Garfield Park and Austin (especially East Garfield Park). It seems like both areas offer strong cash flows.
I’m aware of the crime in both areas and the potential risks stemming from that.
However from a rental aspect what blocks/areas, if any, attract the best tenant pool? Have you experienced any significant periods of vacancy?
I’ve been to the neighborhoods quite a bit, but never really considered them from a rental aspect. I’d be curious to know what people think.
Thanks