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Chicago Property Management Blog

Chicago’s Austin Neighborhood 101

Chicago’s Austin Neighborhood 101

Roman Viere manages and operates over 900 apartment units, and the majority of these units are located in the Austin neighborhood. Austin is geographically Chicago’s largest neighborhood and offers everything from a 9-hole golf course to struggling store fronts. It takes a hands-on approach to analyze, screen, and operate in a neighborhood like Austin, and Roman provides tactical insights and street-level knowledge useful to anyone looking to scale on Chicago’s West Side. 

Key points:

  • Cap rates in the Austin neighborhood
  • Red Flags for screening C and D class incomes
  • Vacancy factor in the Austin neighborhood
  • Chargebacks
  • Price per door in the Austin neighborhood

As a property management company in Chicago, we at GC Realty & Development, LLC, are investors ourselves. Each employee of GCR&D are Chicago property managers and landlords themselves, and understand how to manage properties from the owner’s perspective. Get in touch with one of our experts to answer any questions and maximize your rental property profits. 

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