The Lexington? The S Loop is a big area with a lot of new construction projects completed and more to come. Many owners that can't sell are looking to rent their units so you'll have a fair bit of competition.
Call me to discuss in more detail.
Expect taxes to be somewhere between 1.5%-2% of your purchase price. As far as rental, it will be hard to outpace what's typical in the area which is roughly a range of $1600-$2400 per month.
Good luck with renting your place.
Luxury Home Marketing Specialist
Accredited Buyers Representative
@properties and The Real Estate Lounge Chicago
I would be happy to help. What is the exact address of the property?
I work in the South Loop and know these buildings well
You can contact me at email@example.com
In addition to checking with Robert, you should connect with any of the Realtors that have answered your questions to date. All very competent, professional and only too willing to provide FREE advice.
Best of Luck, Ken Dooley.