I don't know a lot about East Chicago, and hope the area is appreciating (improving). Would you recommend me buying a Multi-family investment real estate in this town? Also, any information on the rental market (1 bd units) in East Chicago would be appreciated. The area in consideration is on the 3600 block of Grand Blvd.
Lastly, are there any property management companys that you might recommend for this area?
We have multiple rental apartments available in East Chicago and we can manage the property for you after you purchase it; we manage 200 units now. If you're interested, we can do the deal without a realtor and pass all the savings on to you. Call at 224-848-9983 thanks
You need to drive the neighbourhoods...then walk the neighbourhoods you are considering such as in and around 3600 Grand Blvd. Look for the bus lines...and check to see if the busline is going to be there after Nov 4, when the have to discontinue all those bus lines in and around Chicagoland. Look for restaurants, groceries, etc to get an idea of how convenient this will be for your potential renters.
After you do this, then start getting backup info from a Realtor and property management people.
Sometimes there are areas, where Trulia might not a have local agent in your community to answer correctly. I always suggest calling some local realtors and asking them to help you out. You would be amazed how talkative, and informative they can be.
Good Luck
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