All Forum Posts by: Mark Killion

@FrankS23

*** Albany Park (Chicago) Rental Analysis ***

This analysis is based on MLS transactions for the

12 month period ending 12/20/2015.

This is just for the area in Albany Park between California

and Kedzie.

A total of 59 units were rented in the last 12 months.

Here are the average rents by bedroom count:

Studio... Average rent $770

1 bed / 1 bath... Average rent $1,028

2 beds /1 bath...Average rent $1,243

2 beds / 2 baths...Average rent $1,548

3 beds / 1 bath...Average rent $1,550

3 beds / 2 baths...Average rent $1,821

4 beds / 2 baths...Average rent $2,000

I hope this helps.

Mark Killion

Real Estate Broker

Kale Realty - Chicago, IL

Hello Jasmin.

Here are some stats from the MLS.

This is based on the last 12 months.

There were a total of 32 units rented.

This is for the West Pullman neighborhood:

2 bedrooms...Average rent $890

3 bedrooms, 1 bath.... Average rent $988

3 bedrooms, 2 baths... Average rent $1,150

4 bedrooms, 1 bath... Average rent $1,233

4 bedrooms, 2 baths... Average rent $1,455

Hope this helps.

Mark Killion

Kale Realty

www.773property.com

Hello Skip. 

Where are these located exactly?

I deal mostly with Chicago south side investment properties.

I know investors that might be interested in purchasing them for a  high Cap rate.

Let me know.

Thanks, Mark