One of the lowest entry points in the city, and the market where a cash buyer's advantage is largest.
Housing stock: Brick two-flats, greystones and frame single-family homes, most built before 1930. Vacancy is common, so properties are frequently delivered empty.
Strategies that fit: Fix and flip, Buy and hold, BRRRR.
Worth knowing: Scope tends to be heavy rather than cosmetic. Buyers who are set up for full rehabs see the most here; buyers looking for light-touch deals generally do not.
Chicago neighborhood in Cook County, Illinois.