Chicago's densest concentration of courtyard multifamily buildings, close to the lakefront.
Housing stock: Vintage courtyard walk-ups, three-flats and small apartment buildings, many still on original systems. Units are often occupied, so tenancy transfers with the building.
Strategies that fit: Buy and hold, BRRRR.
Worth knowing: Most deals here are multifamily rather than single-family. Occupied buildings mean the Chicago Residential Landlord and Tenant Ordinance applies from day one — worth understanding before you close.
Chicago neighborhood in Cook County, Illinois.