Chatham is a storied South Side neighborhood with a proud history and a real estate market that is gaining renewed momentum. Located along the CTA Red Line and accessible via the Dan Ryan Expressway, Chatham offers solid bones — well-built brick homes on tree-lined streets — and a community that has long valued homeownership. For investors, the combination of low acquisition costs, strong appreciation momentum, and an active buyer pool of families seeking quality renovated homes creates meaningful opportunity.

Local Market Snapshot

Median sale price: $221,500–$351,000 depending on condition (2025)

Year-over-year appreciation: +12.2% to +13.6% (2025)

Average days on market: 14–30 days for move-in ready product

Market competitiveness: Most competitive — homes regularly sell above list price

Primary opportunity: Single-family rehab; high buyer demand for finished product

Types of Deals We Fund in Chatham

Chatham is one of the most active fix-and-flip markets on Chicago’s South Side for Private Lending Group borrowers. Investors acquire distressed brick homes and two-flats in the $120,000–$200,000 range, invest in full renovations, and resell or refinance into the $280,000–$370,000 range. The market’s speed — homes in move-in condition often go under contract within two weeks — rewards investors who can execute renovations efficiently. Our 7-day closing timeline gives PLG borrowers a significant advantage when making competitive offers on distressed inventory.

What Borrowers Say

“In Chatham, speed is everything. I’ve lost deals to other investors who could close faster. Since switching to Private Lending Group, that problem is gone. They approved my last deal on a Friday morning and we closed the following Thursday. The sellers accepted my offer over a higher cash offer because of the certainty and speed. That’s the PLG advantage.” — Darnell W., South Side Real Estate Investor, Chicago IL

Ready to Fund Your Next Deal?

If you’re working the Chatham, Avalon Park, or South Side market, Private Lending Group is your hard money lender. No tax returns. Approval in 24 hours. Close in 7 days. Call 312-938-0492 to get started today.