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Investment Properties in Cook County : Real Estate Advice

  • All32
  • Local Info2
  • Home Buying13
  • Home Selling5
  • Market Conditions0

Activity 106
Sat Apr 1, 2017
Mark Killion answered:
Here is an update regarding Chicago Cap Rates:

I analyzed 2 years of sales transactions for Chicago
Multi-Family apartment buildings.
I wanted to find out the average cap rates by neighborhood.
This is one of my most popular reports.

This report is based on MLS data for sales transactions that closed in 2015 and 2016.
For example, the average cap rate in South Shore was 12.66%.
The average cap rate in Grand Boulevard (Bronzeville) was 9.53%.
The full report can be found here:

Mark Killion
Kale Realty - Chicago, IL
... more
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Tue Mar 14, 2017
Sharronandersona asked:
How do I get started building lists of hard money lenders, appraisers, mortgage brokers, inspectors, and leads. Thanks
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Wed Jan 18, 2017
Davistracy2004 asked:
Thu Jan 5, 2017
As Investors, we are looking to Convert both 2 to 10 units up to the Larger Commercial Apt. Buildings, up to 100 units, into Condo units. We are Interested in the Western Chicago Suburban…
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Fri Dec 16, 2016
Elgohary Mohamed Elgohary asked:
Sun Nov 13, 2016
Malcolm asked:
Sat Nov 12, 2016
Malcolm asked:
I want to add more property to portfolio . I have several properties & my wife wants me to purchase her property . She has good credit & has always paid mortgage & taxes on time…
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Tue Oct 11, 2016
USMortgageRanger answered:
YES as Lender I can help you with a Investment Condo Finance. I would be delighted to provide you with some mortgage options, this does not require us pulling your credit and will allow you to make the best decision for your family. I can be contacted for a FREE no obligation consultation.

Lowell Sterling
Mortgage Banker
NMLS 968898
Phone 469-347-3572
... more
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Thu Oct 6, 2016
Paul answered:
Yes absolutely, but good news is that can help you learn about, understand and navigate ALL the real costs of homeownership, including mortgage financing, so you can make educated section as to financial worthiness of your home purchase. will help you analyze purchase price, downpayment $ amount, closing costs like title fees, mortgage financing, RE Taxes + Homeowner Insurance. It's simple + easy-to-use and very educational. An invaluable tool for all homebuyers- houses, condo/co-ops, investment properties. Make sure you can calculate whether is better to Buy or Rent with ... more
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Thu Aug 25, 2016
MCM_STL answered:
You need to be really careful with this. This is a non-arm's length transaction and you'll want to involve your attorney and accountant before you act to make sure everything you're doing is in compliance with tax laws in order to avoid or at least reduce the risk of IRS scrutiny. ... more
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Wed Aug 3, 2016
Joan asked:
a home inspection report. Is there away to avoid a home inspection? We are doing a quit claim deed. its more like an investment property bc we are fixing it up. We live next door to the…
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Sun Jul 31, 2016
a.appeldorn asked:
Mon Jul 18, 2016
Cathryn Browne answered:
You can do it simultaneously. Talk to your lender. There are several options including a 203 FHA rehab loan.
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Sun Jul 10, 2016
Sattarbhutta49 asked:
Is it possible to buy a Studio or one bed apartment within the price range of 60,000 in Chicago IL 60659
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Wed May 25, 2016
Bob Brandt answered:
It will depend on the size, quality, updates, curb appeal and the best judgement of the appraiser that comes to do it.
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Tue Apr 12, 2016
Bob Brandt answered:
Would you like to come in to discuss it and we can look through the best options to achieve your goals?
I specialize in the Northwest suburbs and around the Schaumburg / Streamwood /Barrington / Bloomingdale areas. ... more
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