Chicago Heights Investment Property

One of the lowest-priced suburban entry points in Cook County.

Housing stock: Frame and brick single-family, plus scattered small multifamily. Condition varies widely.

Strategies that fit: Buy and hold, BRRRR.

Worth knowing: Low purchase prices mean rehab cost is a large share of total basis. Underwrite the scope carefully rather than the purchase price alone.

Cook County suburb in Cook County, Illinois.