South Side

South Side

High level performance metrics of Chicago’s South Side Apartment market data points include: In the past year, there hasn’t been a ton of market rate construction. The rising labor and material cost has limited supply increases on the South Side. These constraints create increased opportunities for lift in values over time. Since the onset of the pandemic, we have seen the South Side market outperform, some of the more core markets in Chicago in value and rent growth. We have some slippage in net absorption. Market rents have been mostly flat with in most areas of the south side however, downtown and some other “core markets” around Chicagoland have seen a bit of a pull back in rent growth and demand. Albeit, there are several headwinds coming at south side apartment owners, the South Side Multifamily market is fundamentally balanced so far in 2021.

South side property management comes with its own set of challenges and opportunities. We’re tracking over 60,000 multifamily units on the South Side of Chicago with the goal of helping South Side Apartment Investors make the most informed decisions in their investment sales as well as day to day operations of rental properties.

Multi-Unit Residential

Commercial