There are several people from the Chicago area that have already invested in the Rockford area. If you haven’t yet, consider what you are missing.
There are plenty of opportunities for buying properties with tremendous potential at very low prices. With a little rehab work, you can produce a positive cash flow property for as little as $35,000! In case you don’t already know, Rockford is changing as well.
The city has major plans to revitalize its downtown area into a river walk. The city council has been looking to communities like Naperville for inspiration on their plans. The city has also been encouraging commercial revitalization; they are lowing the unemployment rates and bringing in big businesses like Lowes and UPS. The Rockford International Airport is reopened, giving people an easier alternative to Chicago’s O’Hare. After a huge success in the first year, RFD will soon be adding additional flights to hundreds of cities around the world. Strides have recently been made to improve the quality of education and development of youth programs.
With plans of the Metra commuter line making it out to the area in the future, it’s easy to see why the Rockford area may very well be the next big thing in Northern Illinois real estate. The question is, are you going to get on board?
About The Author
Jeff Hill is a Realtor with RE/MAX Property Source, a Northern Illinois Real Estate business. Jeff specializes in Northern Illinois Real Estate within the areas of Belvidere, Poplar Grove, Rockford, Cherry Valley, Machesney Park, Loves Park, Roscoe, Rockton, as well as Boone and Winnebago Counties. For more information on Jeff, please visit his Northern Illinois real estate website.