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Updated almost 6 years ago on . Most recent reply

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Robert Navarrette
  • Rental Property Investor
  • Riverside, Ca.
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Where to start In Chicago area Investing ?

Robert Navarrette
  • Rental Property Investor
  • Riverside, Ca.
Posted

What areas to start for a good ROI ?

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Art Perkitny
  • Specialist
  • Cleveland, OH
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Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

@Robert Navarrette

Here is a map showing the rent to price ratios of all Chicago neighborhoods

Below are the top ROI neighborhoods from the above analysis

West Englewood, Chicago, Illinois 0.71
Riverdale, Chicago, Illinois 0.68
West Pullman, Chicago, Illinois 0.64
Roseland, Chicago, Illinois 0.61
Englewood, Chicago, Illinois 0.59

I would like to add that investing solely based on high returns will usual not yield a desirable result. 

The locations with high ROI are the roughest neighborhoods in the city and will bring with them loads of issues.

If this is your first investment and/or you are out of state and/or you want passive cash flow, I would advise you to look at the more moderate returning neighborhoods

Hope this helps! 

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