Gov. JB Pritzker is announcing $1.5B in housing assistance for Illinois renters and landlords affected during the pandemic. Eligible residents can receive up to $25,000 of assistance.
A combination of job growth, healthy demographics and accelerated household formation creates a rosy outlook for apartment investments in the coming year. For Chicago, location and property type should be taken into consideration. This is according to Marcus & Millichap’s 2018 Multifamily North American Investment Forecast.