Some essential research websites for Chicago real estate investors:

Cook County Assessor

Cook County Treasurer

Selling smaller income and multifamily properties is not an overly sophisticated process but overlooking small details can cost you big bucks.  Buyers are going to consider location, gross income, condition of the property and potential to add value when making an offer.  

Pets can be a nuisance, damage property and disturb other tenants.  But, if you refuse to allow pets in your income property you could be limiting your local tenant pool.  With the proper guidelines in place, pets and their owner's can be easy to manage. 

A building inspection can make or break a deal and for good reason. When you purchase multifamily property, it's important to write an inspection contingency into the contract even if you intend to rehab the property. Taking the time to properly inspect the property can save you from overpaying or making a bad buy.

When it comes to selling multifamily investment property, it's easy to formulate pricing strategies that reflect our personal needs and not what the market is willing to bear. There is always a magic number but how does one come to it.