Chicago, IL

Why Chicago?

The city of Chicago is home to nearly 2.7 million residents, making it the third largest city in the United States. There are a number of factors that make Chicago extremely appealing, to its residents as well as the 40 million people who visit each year. Due to the dozens of Fortune 500 companies with either headquarters or major operations in the area, combined with the excellent Universities and Colleges, Chicago remains a major destination for top talent looking to establish or continue their careers. However it is not just the businesses and economy that makes Chicago so attractive, it is the cultural diversity and vibrancy that makes people stay and call Chicago their home.

While buyers will see the same trends in the economy, demography and housing as other major metropolitan areas, prices are about a third less than their counterparts. With a strong steady investment and development outlook, and rising international real estate profile, Chicago is becoming the permier destination for investment.

Fast Facts

  • World Famous International Destination With Over 70 Million Visitors Annually.
  • 3rd Largest Metro Area in the U.S.
  • 9.5 Million People in the MSA
  • #1 diversified economy in the U.S.
  • Over 55% of the Population Rents In Comparison To The National Average Of 36%.
  • The 4th Most Economically Powerful City In The World.
  • Global Derivatives Trading Volume of Over 3 Billion.
  • Home to 31 Fortune 500 Companies.
  • The Chicago Housing Authority is the Third Largest Public Housing Agency in the U.S.

Metro Profile

3rd

MSA Population Ranking: 9,551,031
stats from en.wikipedia.org

$51,046

Median Household Income
stats from en.wikipedia.org

3.31%

Average Annual Appreciation Rate
stats from www.neighborhoodscout.com

Interested in investing in Chicago?

Schedule a call and let’s get started…

Find Us

18765 SW Boones Ferry Rd.
Suite 325
Tualatin OR 97062

P: 503-217-2444
T: 855-290-2444
F: 503-655-3318
E: invest@northpeakinvest.com

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