Illinois has seen consistent rent growth and high occupancy rates over the last half decade, which presents enticing opportunities for investors. In specific, the multifamily market in Illinois has experienced strong growth and demand, particularly in major urban centers such as Chicago and its surrounding suburbs.
Based on 55% of the capital invested in Illinois multifamily assets originating from out of state and a 14% Avg $/Unit increase due to this extra activity, Illinois is a good market to invest in. To get this information in a one-page summary, click here.
