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Lincoln Park has lowest apartment vacancy rate, highest rent increases

Marcus & Millichap research

Marcus & Millichap just released its Q4 Local Apartment Reports which cover major trends, including rents and sales performance measures for 42 US markets. In the city of Chicago, the Lincoln Park submarket was the strongest performer. The Lincoln Park vacancy rate fell 70 basis points year-over-year to 1.4%. A rate that low is effectively ...

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Posted by Joe Zekas on November 29, 2012