Chicago's South Side is Seeing a Major Boom in Apartment Building Investment Opportunities

Posted by Sam Tarara on Monday, April 1st, 2019 at 1:33pm.

Chicago Apartment Buildings For SaleIf you’re looking for an investment opportunity in Chicago right now, the south side may be the place to look in 2019. Investors are finding a number of great reasons to invest in area apartment buildings, and it's a trend doesn't appear to be slowing down anytime soon.

The opportunity for cash flow is one of the best reasons. While it may be rare in most big cities, investors in the south side are said to be consistently finding between eight to 12-percent cap rates.

Another reason to invest in south side apartments right now is the potential for appreciation. A majority of south side neighborhoods are seeing high apartment building appreciation, with some buildings appreciating more than 100-percent.

This part of Chicago is also luring in a number of new businesses. While some are locally owned, you’ll also find some major chains like Whole Foods Market, Starbucks and Chipotle. Because new business investment often translates to more activity in the real estate market, it could mean great news for apartment investors.

START SEARCHING CHICAGO APARTMENT BUILDINGS FOR SALE

Leave a Comment