Chicago Investment Properties List

Welcome to the #1 source for cheap investment properties in the Chicago area. You can learn more about these properties, our service, and the local real estate market below.

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Save This Search    Displaying 201 Deals
  • 1

2/18/2019 - Huge 3bd 2Ba Condo with Penthouse Terrac...

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Condo
Location: Chicago, IL 60660
Recently Reduced:
Estimated After Repair Value: $400,000 More Information
minus Seller's Asking Price: $203,500 More Information
minus Est. Cost of Repairs: $45,000 More Information
equals Profit Potential of: $151,500 More Information

2/18/2019 - Evanston 2 Flat Or SFH Conversion

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Multi-Family
Location: Evanston, IL 60201
Recently Reduced:
Estimated After Repair Value: $375,000 More Information
minus Seller's Asking Price: $175,000 More Information
minus Est. Cost of Repairs: $50,000 More Information
equals Profit Potential of: $150,000 More Information

2/17/2019 - Wauconda investor deal, 6.3k potential

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Other
Location: Wauconda, IL 60084
Recently Reduced:
Estimated After Repair Value: $302,049 More Information
minus Seller's Asking Price: $295,740 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $6,309 More Information

2/17/2019 - Chicago deal - Investor special

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Skokie, IL 60076
Recently Reduced:
Estimated After Repair Value: $281,751 More Information
minus Seller's Asking Price: $260,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $21,751 More Information

2/16/2019 - Very Below Market Potential Airbnb Prope...

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Rolling Meadows, IL 60008
Recently Reduced:
Estimated After Repair Value: $400,000 More Information
minus Seller's Asking Price: $275,000 More Information
minus Est. Cost of Repairs: $0 More Information
equals Profit Potential of: $125,000 More Information

2/16/2019 - Get this 3/2 foreclosure in 60466

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Park Forest, IL 60466
Recently Reduced:
Estimated After Repair Value: $62,406 More Information
minus Seller's Asking Price: $49,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $13,406 More Information

2/16/2019 - Hazel Crest, IL 60429 Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Hazel Crest, IL 60429
Recently Reduced:
Estimated After Repair Value: $93,973 More Information
minus Seller's Asking Price: $39,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $54,073 More Information
Price Cut

2/16/2019 - 4/3 foreclosure lead

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Carol Stream, IL 60188
Recently Reduced: 11% off [-$32,040]
Estimated After Repair Value: $301,557 More Information
minus Seller's Asking Price: $269,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $32,557 More Information
Price Cut

2/15/2019 - Brick SFH Fully Renovated!

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Chicago, IL 60619
Recently Reduced: 2% off [-$2,500]
Estimated After Repair Value: $190,000 More Information
minus Seller's Asking Price: $159,000 More Information
minus Est. Cost of Repairs: $0 More Information
equals Profit Potential of: $31,000 More Information

2/15/2019 - New deal in 60428 will go FAST

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Markham, IL 60428
Recently Reduced:
Estimated After Repair Value: $142,365 More Information
minus Seller's Asking Price: $73,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $68,865 More Information

2/15/2019 - Great Investor-ready Foreclosure Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Gardner, IL 60424
Recently Reduced:
Estimated After Repair Value: $136,102 More Information
minus Seller's Asking Price: $104,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $31,202 More Information

2/15/2019 - 64.9k in 60406

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Other
Location: Blue Island, IL 60406
Recently Reduced:
Estimated After Repair Value: $131,292 More Information
minus Seller's Asking Price: $64,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $66,392 More Information

2/15/2019 - Investor foreclosure opportunity in Chic...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Chicago, IL 60619
Recently Reduced:
Estimated After Repair Value: $135,795 More Information
minus Seller's Asking Price: $45,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $90,795 More Information

2/15/2019 - Great Deal Off Market Multi-Unit

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Multi-Family
Location: Hazel Crest, IL 60429
Recently Reduced:
Estimated After Repair Value: $142,000 More Information
minus Seller's Asking Price: $76,000 More Information
minus Est. Cost of Repairs: $10,000 More Information
equals Profit Potential of: $56,000 More Information

2/14/2019 - Off Market Deal!!!!! Richton Park,IL

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Richton Park, IL 60471
Recently Reduced:
Estimated After Repair Value: $150,000 More Information
minus Seller's Asking Price: $65,000 More Information
minus Est. Cost of Repairs: $45,000 More Information
equals Profit Potential of: $40,000 More Information
Price Cut

2/14/2019 - Fantastic Investment Opportunity (Don't ...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Kenosha, WI 53142
Recently Reduced: 12% off [-$12,700]
Estimated After Repair Value: $136,880 More Information
minus Seller's Asking Price: $96,200 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $40,680 More Information

2/14/2019 - McHenry, IL 60050 Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: McHenry, IL 60050
Recently Reduced:
Estimated After Repair Value: $155,712 More Information
minus Seller's Asking Price: $154,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $1,712 More Information

2/14/2019 - 3/2 foreclosure lead in 60451

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: New Lenox, IL 60451
Recently Reduced:
Estimated After Repair Value: $274,602 More Information
minus Seller's Asking Price: $249,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $24,702 More Information

2/14/2019 - Glenview, IL 60025 Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Glenview, IL 60025
Recently Reduced:
Estimated After Repair Value: $958,055 More Information
minus Seller's Asking Price: $956,120 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $1,935 More Information

2/14/2019 - Racine, WI 53405 Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Racine, WI 53405
Recently Reduced:
Estimated After Repair Value: $107,211 More Information
minus Seller's Asking Price: $66,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $41,211 More Information
Save This Search    Displaying 201 Deals
  • 1

More investment properties close to Chicago Market Area...

2/15/2019 - Motivated to sell 2/1 in 60460

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Odell, IL 60460
Recently Reduced:
Estimated After Repair Value: $81,777 More Information
minus Seller's Asking Price: $49,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $31,877 More Information

11/28/2018 - Cheap Single Family Property: Fix & Flip...

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Watseka, IL 60970
Recently Reduced:
Estimated After Repair Value: $70,000 More Information
minus Seller's Asking Price: $15,000 More Information
minus Est. Cost of Repairs: $25,000 More Information
equals Profit Potential of: $30,000 More Information

2/9/2019 - 3/1.5 foreclosure lead

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Ladd, IL 61329
Recently Reduced:
Estimated After Repair Value: $79,039 More Information
minus Seller's Asking Price: $72,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $6,539 More Information

2/15/2019 - Hot Rockford Home

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Belvidere, IL 61008
Recently Reduced:
Estimated After Repair Value: $396,302 More Information
minus Seller's Asking Price: $279,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $116,402 More Information

2/15/2019 - Hot Deal For Investors

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Poplar Grove, IL 61065
Recently Reduced:
Estimated After Repair Value: $121,443 More Information
minus Seller's Asking Price: $53,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $68,443 More Information

10/25/2018 - Rockford Fix and Flip

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Rockford, IL 61109
Recently Reduced:
Estimated After Repair Value: $177,500 More Information
minus Seller's Asking Price: $128,000 More Information
minus Est. Cost of Repairs: $20,000 More Information
equals Profit Potential of: $29,500 More Information

2/10/2019 - 3/1 in 61109 - Motivated

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Rockford, IL 61109
Recently Reduced:
Estimated After Repair Value: $49,234 More Information
minus Seller's Asking Price: $22,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $26,734 More Information

2/17/2019 - Rockford deal - Investor special

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Rockford, IL 61107
Recently Reduced:
Estimated After Repair Value: $123,646 More Information
minus Seller's Asking Price: $85,100 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $38,546 More Information

2/13/2019 - Snag this deal! South Bend-Elkhart forec...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Hamlet, IN 46532
Recently Reduced:
Estimated After Repair Value: $89,306 More Information
minus Seller's Asking Price: $45,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $43,406 More Information

2/18/2019 - 24.9k in 61103

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Rockford, IL 61103
Recently Reduced:
Estimated After Repair Value: $25,693 More Information
minus Seller's Asking Price: $24,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $793 More Information

2/12/2019 - Another HOT deal in 61103 - Will go fast

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Rockford, IL 61103
Recently Reduced:
Estimated After Repair Value: $59,944 More Information
minus Seller's Asking Price: $43,460 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $16,484 More Information
Price Cut

1/27/2019 - South Bend-Elkhart, 46996 Investor Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Winamac, IN 46996
Recently Reduced: 8% off [-$3,600]
Estimated After Repair Value: $87,542 More Information
minus Seller's Asking Price: $39,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $47,642 More Information

2/13/2019 - Rockford Foreclosure deal w/ equity ONLY...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Oregon, IL 61061
Recently Reduced:
Estimated After Repair Value: $82,717 More Information
minus Seller's Asking Price: $49,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $32,817 More Information

2/18/2019 - Hot foreclosure deal in 61061 for 74.9k

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Oregon, IL 61061
Recently Reduced:
Estimated After Repair Value: $85,717 More Information
minus Seller's Asking Price: $74,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $10,817 More Information

1/27/2019 - Great investor special!!! 46534

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Knox, IN 46534
Recently Reduced:
Estimated After Repair Value: $81,691 More Information
minus Seller's Asking Price: $38,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $43,691 More Information

2/8/2019 - Rockford investor property deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Roscoe, IL 61073
Recently Reduced:
Estimated After Repair Value: $156,943 More Information
minus Seller's Asking Price: $84,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $72,043 More Information

12/12/2018 - Why Selling: I no longer live in Wisconsin

Status: Available
Lead Type: Motivated Seller More Information
Property Type: Single Family House
Location: Racine, WI 53405
Recently Reduced:
Estimated After Repair Value: $90,000 More Information
minus Seller's Asking Price: $82,500 More Information
minus Est. Cost of Repairs: $500 More Information
equals Profit Potential of: $7,000 More Information
Price Cut

2/1/2019 - Get this 4/2 foreclosure in 60942

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Hoopeston, IL 60942
Recently Reduced: 9% off [-$3,000]
Estimated After Repair Value: $53,865 More Information
minus Seller's Asking Price: $31,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $21,965 More Information
Price Cut

1/26/2019 - Get this 3/1 foreclosure in 53525

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Clinton, WI 53525
Recently Reduced: 10% off [-$9,900]
Estimated After Repair Value: $138,052 More Information
minus Seller's Asking Price: $89,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $49,052 More Information

2/15/2019 - Motivated to sell 3/1 in 61072

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Rockton, IL 61072
Recently Reduced:
Estimated After Repair Value: $96,436 More Information
minus Seller's Asking Price: $59,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $37,436 More Information

1/24/2019 - 3 Beds/1 Bath In Oxford

Status: Available
Lead Type: Wholesale Deal More Information
Property Type: Single Family House
Location: Oxford, IN 47971
Recently Reduced:
Estimated After Repair Value: $118,200 More Information
minus Seller's Asking Price: $54,046 More Information
minus Est. Cost of Repairs: $0 More Information
equals Profit Potential of: $64,154 More Information

2/8/2019 - Investor-ready foreclosure lead in Beloi...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Beloit, WI 53511
Recently Reduced:
Estimated After Repair Value: $113,197 More Information
minus Seller's Asking Price: $90,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $23,197 More Information

2/7/2019 - Great investor special!!! 61071

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Rock Falls, IL 61071
Recently Reduced:
Estimated After Repair Value: $17,314 More Information
minus Seller's Asking Price: $16,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $414 More Information

2/12/2019 - South Bend-Elkhart, 46613 Investor Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: South Bend, IN 46613
Recently Reduced:
Estimated After Repair Value: $52,888 More Information
minus Seller's Asking Price: $16,565 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $36,323 More Information
Price Cut

1/23/2019 - Foreclosure lead - Tons of Potential Sou...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: South Bend, IN 46614
Recently Reduced: 8% off [-$3,600]
Estimated After Repair Value: $65,792 More Information
minus Seller's Asking Price: $39,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $25,892 More Information

2/2/2019 - 22.5k profit potential deal in South Ben...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: South Bend, IN 46614
Recently Reduced:
Estimated After Repair Value: $142,450 More Information
minus Seller's Asking Price: $120,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $22,450 More Information

2/3/2019 - South Milwaukee, WI 53172 Deal

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: South Milwaukee, WI 53172
Recently Reduced:
Estimated After Repair Value: $163,733 More Information
minus Seller's Asking Price: $129,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $34,733 More Information

2/1/2019 - Hot Deal For Investors

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: South Bend, IN 46635
Recently Reduced:
Estimated After Repair Value: $102,869 More Information
minus Seller's Asking Price: $71,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $31,369 More Information

2/8/2019 - Foreclosure lead - Tons of Potential Sou...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Benton Harbor, MI 49022
Recently Reduced:
Estimated After Repair Value: $109,218 More Information
minus Seller's Asking Price: $64,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $44,318 More Information

2/14/2019 - HOT new deal for investors for 109.9k

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Davis, IL 61019
Recently Reduced:
Estimated After Repair Value: $115,821 More Information
minus Seller's Asking Price: $109,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $5,921 More Information

2/17/2019 - Investor foreclosure opportunity in Cent...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Germantown Hills, IL 61548
Recently Reduced:
Estimated After Repair Value: $379,654 More Information
minus Seller's Asking Price: $324,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $54,754 More Information
Price Cut

1/20/2019 - Only 111.9k in Milwaukee

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: St Francis, WI 53235
Recently Reduced: 3% off [-$3,400]
Estimated After Repair Value: $137,559 More Information
minus Seller's Asking Price: $108,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $29,059 More Information

1/25/2019 - 3/1.5 foreclosure lead

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Greenfield, WI 53220
Recently Reduced:
Estimated After Repair Value: $156,070 More Information
minus Seller's Asking Price: $135,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $21,070 More Information

2/11/2019 - Great investor special!!! 53219

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Milwaukee, WI 53219
Recently Reduced:
Estimated After Repair Value: $179,049 More Information
minus Seller's Asking Price: $149,900 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $29,149 More Information
Price Cut

2/1/2019 - 3/1 investor-ready foreclosure in Milwau...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Milwaukee, WI 53219
Recently Reduced: 11% off [-$14,900]
Estimated After Repair Value: $140,546 More Information
minus Seller's Asking Price: $121,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $19,046 More Information

2/14/2019 - HOT new deal for investors for 118.8k

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: West Allis, WI 53227
Recently Reduced:
Estimated After Repair Value: $160,128 More Information
minus Seller's Asking Price: $118,750 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $41,378 More Information
Price Cut

1/26/2019 - Snag this deal! Milwaukee foreclosure

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Milwaukee, WI 53204
Recently Reduced: 10% off [-$2,900]
Estimated After Repair Value: $64,656 More Information
minus Seller's Asking Price: $25,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $39,656 More Information

2/16/2019 - Snag this deal! Champaign-Springfield-De...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Single Family House
Location: Danville, IL 61832
Recently Reduced:
Estimated After Repair Value: $177,476 More Information
minus Seller's Asking Price: $132,500 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $44,976 More Information

1/26/2019 - Housing Alert: New foreclosure deal in M...

Status: Available
Lead Type: Investor-Ready Foreclosure More Information
Property Type: Unknown
Location: Milwaukee, WI 53204
Recently Reduced:
Estimated After Repair Value: $83,493 More Information
minus Seller's Asking Price: $39,000 More Information
minus Est. Cost of Repairs: - More Information
equals Profit Potential of: $44,493 More Information
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Buying Investment Property in Chicago

The best Chicago investment property deals are not the ones you see advertised in the newspaper classifieds or on the local MLS. The so called "deals" you see in those places are typically foreclosures and REO's where the banks only goal is to make as much of their money back as they possibly can. Others that are listed with an agent are just as bad. This is not the best way for you to make money.

Smart Chicago area investors are turning their attention to two classes of properties, pre foreclosures and wholesale properties. Neither one of these types of investments are widely publicized, and that's a good thing as the competition for them is not as fierce. This of course means that you have a much better chance to turn a profit on your investment.

Pre foreclosures are homes that have not yet reached the point of an actual foreclosure sale, but the owner is several months behind on payments and has essentially no hope of getting caught up. The advantage of this kind of situation is that many times you can pick up these properties for whatever the owner owes the bank. Depending on how long the owner has lived there and how much they paid, there is the potential for some good profit.

Another option is wholesale properties that are being sold by other investors. The reasons for them selling can vary, but usually include the need to free up cash for other investments. But you usually can't find these deals unless you are tied into a network of other investors. Because we have so many investors as members, its only natural that they would make their wholesale property deals available to other members of our network.

MyHouseDeals.com can help you find both pre foreclosures and wholesale properties. We compile the most up-to-date list of these kinds of Chicago investment properties. We have a team of people who continually follow-up on the deals we have listed to see if any of the terms have changed or if the owner is willing to lower their price even further. You won't find this level of service in other Chicago area real estate investment clubs.

Whether its pre foreclosures or wholesale properties you want to focus on, becoming a member of MyHousedelas.com can be your first step in the right direction.

Additional Articles: HUD Homes in Chicago | Chicago Foreclosure Properties | Chicago Investment Property | Chicago Real Estate Investment Clubs | Chicago Rental Properties | Chicago Wholesale Properties | Chicago REO