Hello to all my blog readers out there!
Here is a heat map of Chicago Cap Rates by neighborhood.
Neighborhoods with a darker shade, have higher cap rates.
If a neighborhood has a lighter shade, it means the cap rate is lower in that area.
If a neighborhood has no shade at all, it means there were no multi-family sales for the time period.
This sales data was taken from the Multiple Listing system.
The median cap rate in Chicago is about 6.8%.
I spent a lot of time putting this heat map together,
so I hope you find this information useful.
If you have any questions, please send me a note: mark@markkillion.com
You can also text me at 773-354-6693 or visit me online at: www.buybronzeville.com
Thanks,
Mark Killion, Real Estate Broker
Kale Realty – 2447 N Ashland Ave – Chicago, IL 60614
Cell: 773-354-6693
Office: 312-939-5253
Visit me online today: www.buybronzeville.com
Equal Housing Opportunity