Chicago - United States of America
A fantastic investment opportunity, this property is comprised of a single-family home. The property has 4 bedrooms, 1 bathroom, a kitchen, and a living room.
Neighbourhood: Chatham
Chatham is located on the city's South Side about 10 miles south of downtown Chicago.This neighbourhood is a residential area that offers mostly single-family homes and fewer multi-units and provide families with numerous amenities and the West Chatham Park. Appreciation rates have been strong in Chatam with property prices appreciating by 6.72% over the last year and a total appreciation forecast over the next 3 years.
Chicago
Voted by Conde Nast as the best city in the US for the fourth year in a row, Chicago, with its vast green spaces and world-renowned architecture, is now taking the culinary world by storm with multiple world class restaurants as diverse as the city itself. Centrally located in the US, its airport hub at Midway is fueling the cities renaissance and growth.
Chicago is the third-largest city in the U.S., right behind New York and Los Angeles, a major world financial center and home to the second-largest central business district in the U.S. Key industry sectors in Chicago include business and professional services, food industry, transportation and logistics, life sciences and healthcare, technology, and manufacturing. Much of the Housing Stock in Chicago was built prior to World War II, making it one of the older and more historic cities in the country. The architecture of Chicago have influenced and reflected the history of American architecture and Chicago’s buildings in a variety of styles by many important architects. Median household incomes in Chicago grew by 3% over the last year while median property values increased by 11.9%. Median home sales prices in Chicago are projected to keep rising in 2021 and are forecasted to increased by 8.4% until 2022.
Strong Market Fundamentals
Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing programme.
Solid Lease
The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new Section 8 tenant will provide a long-term lease agreement.
Property refurbished
The property will be professionally refurbished and will be delivered turnkey ready for the new tenants. It is expected the value of the property will increase considerably upon completion.
View the latest real estate investment opportunities from around the world.
Login or register to view full portfolio of properties available
Investing carries risks, including loss of capital and illiquidity. Please read our Risk Warning before investing.
