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Chicago Property Management Blog

Why Investing in Chicago Real Estate Makes Sense

Mark Ainley - Wednesday, September 9, 2020
Why Investing in Chicago Real Estate Makes Sense

I recently had the opportunity to speak with Emil Shour and Michael Albaum, both from Roofstock. We took the time to dive deep into investing here in the Chicago real estate market. This specific episode is perfect for investors who are looking to gather more information about opportunities here in the Chicagoland market. 

https://remoterealesateinvestor.podbean.com/e/market-deep-dish-dive-chicago-illinois-with-mark-ainley/

Chicago is the third largest city in the United States and 114th largest city in the world.   Chicago is also the 29th largest MSA in the world, with just under 10 million people.  There are a multitude of opportunities here in the Chicago market and this episode will share and highlight some of the reasons why you should consider investing here.  

Chicago Population

  • 2,693,976 - Chicago Population in 2019

  • 8,800,000 - Chicago MSA Population (0.03 increase from 2018)

Topics Discussed

  • How crucial your Property Management is to investing in Chicago

  • Affordable Cost of Living in Chicago

  • Property Tax Challenges & How To Overcome them

  • Chicago & Cook County Section 8 Programs

  • Lou Malanatis Vs Gino’s East Deep Pizza

  • Cash For Keys

  • Covid Challenges in Chicago

If you are an out of state investor, please ensure that you are working with a reputable Property Manager that can educate you on the specific differences about investing in your specific area.

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Author

post.authorName
Mark Ainley
Investor, Managing Broker, and Property Manager
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased...
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased over 4,000 properties, featured on CNBC’s TV show The Deed, co-host on Chicago's AM560 Real Estate Revealed Radio Show, and invited to speak & sit on panels at numerous investment summits across the country. I have also been blessed with the opportunity to be a guest on over 30 top podcast platforms. GC Realty & Development, LLC, currently manages over 1,200 investment properties throughout the Chicagoland area. In 2019, 2020, 2020 and 2022, GCR&D was featured on the Inc. Magazine list of top 5,000 fastest growing companies in the United States. I take great pride in providing valued feedback to beginners and less experienced entrepreneurs on what steps not to take or what steps to take sooner in growing a younger business.
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