Chatham Investment Property

A long-established owner-occupant neighborhood, which makes exits more predictable than the surrounding areas.

Housing stock: Brick bungalows, ranches and small two- to six-unit buildings, mostly mid-century.

Strategies that fit: Buy and hold, Fix and flip.

Worth knowing: Housing stock is generally in better condition than neighbouring markets, so scopes skew moderate rather than full gut.

Chicago neighborhood in Cook County, Illinois.