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Chicago Property Management Blog

How to Successfully Flip Properties on Chicago’s Northwest Side

Mark Ainley - Tuesday, September 28, 2021
How to Successfully Flip Properties on Chicago’s Northwest Side

Knowing a couple of Chicago’s neighborhoods intimately is definitely better than knowing a hundred superficially. That’s exactly what the Property People did in Chicago’s northwest neighborhood. Owners use their knowledge to know how deep they can dig a basement out and how much value they’ll add to their property in doing so. They know what certain features are expected and what they can pass on. Greg and Jennie are a rockstar duo that have grown tremendously and have even more ambition for the future.

Key points:

  • Choosing an investing style
  • Norwood Park overview
  • Basement rehabs
  • Kilbourne Park
  • Buyer expectations on rehab properties

As a property management company in Chicago, we at GC Realty & Development, LLC, are investors ourselves. Each employee of GCR&D are Chicago property managers and landlords themselves, and understand how to manage properties from the owner’s perspective. Get in touch with one of our experts to answer any questions and maximize your rental property profits

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Author

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Mark Ainley
Investor, Managing Broker, and Property Manager
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased...
Price is what you pay, Value is what you get! I want to provide value to others and make some money along the way. I have a solid foundation in Chicago real estate because I am a Real Estate investor in both Residential and Commercial/Industrial markets while being a founding partner at GC Realty & Development LLC and co-host of Straight Up Chicago Investor Podcast. In the last 20 years we renovated 500+ properties, invested in commercial properties, managed over 7000 units/tenants, leased over 4,000 properties, featured on CNBC’s TV show The Deed, co-host on Chicago's AM560 Real Estate Revealed Radio Show, and invited to speak & sit on panels at numerous investment summits across the country. I have also been blessed with the opportunity to be a guest on over 30 top podcast platforms. GC Realty & Development, LLC, currently manages over 1,200 investment properties throughout the Chicagoland area. In 2019, 2020, 2020 and 2022, GCR&D was featured on the Inc. Magazine list of top 5,000 fastest growing companies in the United States. I take great pride in providing valued feedback to beginners and less experienced entrepreneurs on what steps not to take or what steps to take sooner in growing a younger business.
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