Bill Bein

"Arm-Chair" Investors are those who do NOT want to live in the property they buy (a more precise term for this would be "NON-owner occupied"). The question we ask here is: Where have ‘arm-chair' investors like that been concentrating their investments?

Our work with arm-chair investors has led us to believe that SEVEN Chicago neighborhoods are particularly popular for those buying non-owner occupied, cash-flow property. For instance, Bill Bein, Chicagoland2to4Flats.info's founder, owns property in Grand Crossing (a south side neighborhood)-and he has now helped many different buyers buy in all of these areas.

• The west side neighborhoods are: Humboldt Park (census tract 23), East Garfield Park (census tracts 27), West Garfield Park (census tracts 26) and North Lawndale (census tract 29)
• The south side neighborhoods are: Woodlawn (census tract 42), South Shore (census tract 43) and Greater Grand Crossing (census tract 69).

We will look at each of them in previous and future posts. In this post we look at the fifth one: the northern end of Woodlawn (census tract 42).

A great nearby cultural plus is the very large Jackson Park, the Museum of Science and Industry and the University of Chicago.

The Encyclopedia of Chicago, compiled by the Chicago Historical Society, has an article on it:

"... Woodlawn Park's first residents were Dutch farmers who arrived in the 1850s. The population hovered between 500 and 1,000 until 1890. ..."
See more at http://www.encyclopedia.chicagohistory.org/pages/1378.html

Learn more about homes in this neighborhood at the home page of http://www.chicagoland2to4flats.info/!!!

Jackson Park - 63rd Street Beach

Museum of Science & Industry, from Jackson Park

U of Chicago Quads

Woodlawn map

A home or condo lets you own property, but 2- to 4-flats take it to the next level: building passive income and wealth. But the rules in buying multi-unit property are NOT the same as with a condo or home, as you may already have begun to learn:

Rule 2: Picking property is different. We think you will love our Property Search section with its public search - the Property Search with 'Magic Map' - and the even more advanced connectMLS search we can set up for you.

To see all the Rules of buying investment property, go to the home page of http://www.chicagoland2to4flats.info/!!!

A home or condo lets you own property, but 2- to 4-flats take it to the next level: building passive income and wealth. But the rules in buying multi-unit property are NOT the same as with a condo or home, as you may already have begun to learn:

Rule 1: Picking a neighborhood is different. When you shop for a condo, it's where do you want to live and what can you afford. But with multi-units, it's as much (or more) what kind of an investment will this be. Our section on Sales / Demographics can help you make the right decisions. We think you will find the 10-years data on sales growth for 2-flats, 3-flats, and 4-flats in Chicago to be invaluable.

To see all the Rules of buying investment property, go to the home page of http://www.chicagoland2to4flats.info/!!!

"Arm-Chair" Investors are those who do NOT want to live in the property they buy (a more precise term for this would be "NON-owner occupied"). The question we ask here is: Where have ‘arm-chair' investors like that been concentrating their investments?

Our work with arm-chair investors has led us to believe that SEVEN Chicago neighborhoods are particularly popular for those buying non-owner occupied, cash-flow property. For instance, Bill Bein, Chicagoland2to4Flats.info's founder, owns property in Grand Crossing (a south side neighborhood)-and he has now helped many different buyers buy in all of these areas.

• The west side neighborhoods are: Humboldt Park (census tract 23), East Garfield Park (census tracts 27), West Garfield Park (census tracts 26) and North Lawndale (census tract 29)
• The south side neighborhoods are: Woodlawn (census tract 42), South Shore (census tract 43) and Greater Grand Crossing (census tract 69).

We will look at each of them in previous and future posts. In this post we look at the fourth one: the northern end of North Lawndale (census tract 29).

The Encyclopedia of Chicago, compiled by the Chicago Historical Society, has an article on it:

"... In the past, North Lawndale boomed as a haven for refugees from the Great Fire of 1871 ..."
See more at http://www.encyclopedia.chicagohistory.org/pages/901.html

Learn more about homes in this neighborhood at the home page of http://www.chicagoland2to4flats.info/!!!

Sales Data: 10 Year Sales Data History for Chicago

We are pleased to bring you important data showing current prices and historical appreciation for every neighborhood of Chicago for Single-Family Homes, Condo / Town Homes and, of course, 2- to 4-Flats .

(Click here to access the charts)

Click here to view a list of master maps of Chicago neigborhoods (it shows the 77 major neighborhoods that Chicago is divided into).

> click here for Census Tract maps

And this is just the start of what you'll find at http://www.chicagoland2to4flats.info/!!!