Quote:
Originally Posted by Steely Dan
I don't know a single person living in the city of Chicago who also owns a second residence in the burbs.
Of the few people I know who do own a second home, it's a lake cottage up in Wisconsin or over in Michigan.
Owning a second home in the burbs seems like the worst of both worlds.
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Yeah why anyone would have two personal residences in the State of Illinois is beyond me. I have a second home in the unincorporated Town of Wolf River Wisconsin. It's 3 hours on the dot from my house in Chicago and we bail out early on Fridays and spend as much time up there as possible.
Interestingly, as I've pointed out to Chicago forumers on multiple occasions, the taxes on this:
Are higher than on a six unit corner unit building I own in Chicago that's worth 3X+ as much:
Bonus, sunsets on the river are great:
