buying valuable land in chicago

4 Signs You Are Buying Valuable Land In Chicago

4 Signs You Are Purchasing Valuable Land When Buying in Chicago

Savvy investors understand the benefits of adding valuable land to their real estate portfolios. Land, often overlooked when investors want to diversify, is a low-maintenance tangible asset that doesn’t depreciate and has a proven history of steadily increasing in value. In addition, there are many ways to realize cash flow from the land. Often, investors combine other business interests in exciting ways that enhance their real estate portfolio and increase their business earnings. Whether you are just beginning to build your portfolio or are an experienced investor, you should work with professionals, trusted friends or family members familiar with the real estate investment business. It’s also important to consider the timing of your transaction as it applies to the 1031 exchange rules.

When done right, valuable land investments can provide financial security due to the low volatility, allowing investors to control the risk while generating long-term financial returns that may equal or outpace more risky investments. First, however, you must know what to look for when purchasing to achieve your investment goals. Check out today’s post as we explore four signs you are buying valuable land in Chicago. Please note that this article is for informational purposes, not financial or legal advice.

Growth

Economic and population growth near a property are signs of buying valuable land in Chicago. So naturally, the closer you are to the business and shopping districts, the more limited the supply of available land, which increases value. For those investing in residential land, remember the value that low crime rates and good school districts add to a property. Professional investors like those at Global Abundance LLC can help you assess available properties to zero in on the perfect piece of land with access to roads and utilities with the proper zoning for your needs. The professional investors at Global Abundance LLC understand that what makes valuable land depends on how well it serves the intended purpose. The pros at Global Abundance LLC will help you perform the necessary due diligence to ensure your plans come to fruition. 

Physical Attributes

The property’s physical location can provide you with signs that you are buying valuable land in Chicago. Therefore, you or a representative should put your feet on the ground, looking at the surrounding properties and the view. For investors who plan to divide the property to sell in smaller parcels, it’s important to view each location to understand the value of each section. For example, waterfront or water views make for more valuable land. In addition, any noticeable unpleasant views, odors or noise associated with the location can significantly impact value, such as being in the flight path of a local airport. Professional investors like those at Global Abundance LLC built their careers here in Chicago and are highly familiar with the local real estate market. Therefore, you can rely on the professional investors at Global Abundance LLC with their boots on the ground to help locate the perfect piece of valuable land to enhance your real estate portfolio.

Environment

A property free of environmental hazards is another sign you are buying valuable land in Chicago. For commercial investments, a phase 1 environmental assessment is a part of performing due diligence, protecting the buyer and lender should problems be discovered in the future. For those who plan to divide the property and build, using sustainable building materials and focusing on energy efficiency, creating low carbon footprints helps protect our planet. Investors must develop their environmental conscience and consider more balanced and less impactful approaches. A business plan that includes green practices provides valuable marketing tools, keeping what your buyers are looking for in mind. Professional investors like those at Global Abundance LLC are seasoned experts at handling all of the details of these transactions. The professional investors at Global Abundance LLC make it easy for investors like you to add valuable land to your portfolio.

Global Abundance LLC

Working with a professional investor from Global Abundance LLC is the surest sign that you are buying valuable land in Chicago. Whether your strategy is to buy and hold, develop and sell or purchase and then subdivide, the professional investors at Global Abundance LLC and their full-service in-house team of industry specialists all have a passion for helping investors succeed. At Global Abundance LLC, your success is our success. So whether it’s time for you to enter a valuable land investment or exercise your exit strategy, the professional investors at Global Abundance LLC make it easy to invest confidently and earn the highest returns. And don’t forget to ask one of the professional investors at Global Abundance LLC about our current inventory of the most valuable land investments available in the Chicagoland area. Feel free to talk to a professional investor at Global Abundance LLC today; we invite you to ask questions or express concerns about adding land to your real estate investment portfolio without obligation. Call Global Abundance LLC at (800) 953-2124.

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