Join the New Western Marketplace for investment grade opportunities.
Architectural innovation, stunning lakefront access in a historic urban city–Chicago has a robust rental population where over 50% of residents are renters. Chicago’s economy is diverse and not reliant on a single industry to draw in residents looking for student housing and luxury condos. This type of stability translates to a steady job market attracting families and young professionals looking for housing, nightlife, and deep-dish pizza.
With a rich history tied to blues music, comedy, and major league sports, Chicago has a wide variety of neighborhoods connected by public transportation and is a major airport hub that continues to make the city a viable place for investors looking for buy-and-hold and rehab-and-sell options.
The stats and trends you need if you’re planning to put a flip on the market or purchase rental investment properties near Chicago, IL.
Credit: US Census Bureau, Redfin
New Western is a real estate investment marketplace with exclusive inventory for investors, a solution for sellers, and a tool for agents and brokers. Our office is located in Westchester, a western suburb of Chicago and just off US 45 at 1 Westbrook Corporate Center, Suite 300, Westchester, IL 60154 . Reach out if you are an investor looking to buy a property, a homeowner who needs to sell, or a real estate agent with a difficult listing in the surrounding Chicago neighborhoods. We are licensed agents and experts in your market. We’ve got the largest private source of investment properties in the nation—call us to see what deals we have in the Chicago area and surrounding Westchester suburbs.
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A licensed, local Chicago, IL New Western agent will reach out to learn about your investment goals and discuss Chicago, IL opportunities.
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To our curated Chicago, IL real estate investment marketplace, find a deal, and connect with the Chicago, IL New Western agent.
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To purchase, walkthrough, and close with the local Chicago, IL New Western agent.
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With New Western in Chicago, IL and do more deals with investor-focused real estate experts in the Chicago, IL real estate market.
As a real estate investment marketplace, New Western offers a vast inventory of curated Chicago, IL properties you won’t find anywhere else.
A licensed Chicago, IL New Western agent specializes in working with investors and delivers residential investment properties that meet your unique investing and exit strategies.
Our Chicago, IL New Western agents work behind the scenes to eliminate problems, deliver a marketable title and provide a fast, seamless process to close. Gain access to vetted opportunities without hours of research, phone calls, and door-knocking.
We buy and sell a property every 13 minutes for over 200,000 investors looking for rehabs to fix-and-flip or fix-and-rent in our marketplace. We are adding new properties in the Chicago, IL area daily. Join the New Western marketplace and locate your next investment opportunity in Chicago, IL.
New Western gave me an opportunity to buy property on Day One and now, because of them, I quit my job and became a successful, full-time investor. It’s changed my life. And now I’m able to control my life and work for myself. I built a team around me and a name that I stand behind now. But it all started with New Western.
How do I gain access to your inventory?
After an initial virtual or in-person onboarding meeting, you will have access to our vast inventory of properties. The New Western agent will explain in detail how our properties are sold and how the transactions will be structured during that initial meeting.
A New Western agent is involved in the entire transaction process from search to executing contracts and closing. To get the most out of your search for a deal, we need to know what type of properties, neighborhoods, and local markets you’re interested in and your investment goals and strategies.
New Western inventory can’t typically be purchased using traditional bank financing due to the condition of the property, the timeline of closing, and the overall structure of the transaction. These properties need to be purchased with cash or a lending program specifically designed for rehab purposes, such as a hard money loan or private financing. Check with the local agent for approved financial options.
Certain ones, yes. You can use a hard money loan to purchase our properties. Check with a local agent for approved financial options.
No, New Western does not provide financing. However, we can easily connect you with numerous lenders on Sherman Bridge, a lending marketplace partner that will guide you through the process of selecting the best lender to suit your investment strategies.
It depends. Factors that influence how much cash you need include the market, the lender and the degree of work the distressed property requires. Investors need a down payment to purchase the property, money left in reserve for carrying costs (like interest, taxes and insurance) and enough capital to repair the property.
No, you don’t need a licensed agent to purchase a property from us.. However, you are free to employ a third-party agent to represent you (at your cost) if you choose.
Disclaimer: New Western is a licensed real estate brokerage that provides investors access to its marketplace of investment properties. The information provided here does not and is not intended to constitute legal, financial, tax, or real estate investing advice. New Western represents the seller in any resulting transaction and is not acting as an agent of the investor or any potential buyer in any resulting real estate transaction. The content published herein is provided “as-is” for informational purposes only. No representations are made that the content is error-free, and New Western does not make any representations or warranties as to the effectiveness of any investment strategy. This website does not create any warranty, contractual obligation, or agency relationship between any investor or potential buyer and New Western. New Western does not and cannot guarantee the accuracy of any information that was prepared by an unaffiliated third party. Buying real estate and engaging in real estate transactions involves varying degrees of risk, and investors and potential buyers should educate themselves on the potential risks by consulting their own legal counsel, CPA, tax consultant, or licensed real estate agent. No discussion with any New Western employee, agent, or representative serves as the receipt of or substitute for personalized advice from a professional retained by investor.
