What National and International Investors Should Know About The Chicago Multifamily Market
The strong multifamily market in Chicago has attracted a wide range of buyers, with many hailing from prominent national and international locations. Yet doing business in Chicago comes with its own set of local idiosyncrasies that may seem foreign to first-time investors. Taylor Johnson client Kiser Group recently addressed this trend on its blog and offered a useful set of tips for out-of-area buyers to consider when purchasing in the Chicago market.
Kiser Group recently sold an apartment in Evanston, Ill., to a Japanese investor. The area’s strong multifamily market has attracted many out-of-state buyers.