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Deep dish, the Bean and...real estate? Uncovering Chicago’s regional favorites

With a high overall quality of life, Chicago has become a highly-coveted place to live for students, young professionals and families alike. With several top ranking universities and 62,000+ jobs created in 2015 alone, there is no shortage of opportunity in the Windy City. Internationally acclaimed, Chicago is known for its amazing food, history, cultural diversity, art and music scene. The city is home to O’Hare International Airport, the second busiest in the world, as well as host to the world-renowned Lollapalooza Music Festival, Millennium Park and a sports-fan favorite, Wrigley Field.

 

Home to 62 of the Fortune 1000 companies, the local economy is supported by a handful of thriving industries, including finance, technology and telecommunications. Strong economic momentum has propelled increases in both the housing and rental markets while driving down vacancy and unemployment rates. Combined, these factors make Chicago one of the hottest rental markets in the country and a prime opportunity for investors aiming to find rental properties with potential for long-term cash flow and property appreciation.

  • 3rd Largest GMP in the U.S.
    About $630.3 billion according to 2014-2016 estimates
  • 7th Global City
    As ranked in the 2014 Global Cities Index
  • 62 Companies in the Fortune 1000
    Metro Chicago serves as the headquarters to 62 companies in the Fortune 1000

Market Data

 
 
 
 
 
 
All data provide by Bureau of Economic Analysis, Bureau of Labor Statistics, RentRange, and US Census Bureau. Market Data based on 3bd SFR