Chicago Leader Hirsh Mohindra: Expertise in Multiple Industries

Chicago is the one of the best place to do business. Investing in real estate is also good option to do investment. Chicago can create lot’s opportunities for the investors. Chicago is known for its diverse neighborhoods, strong rental yields, and rich cultural heritage, Chicago is attracting savvy investors looking for both long-term appreciation and consistent rental income. Whether you’re a first-time buyer, a seasoned investor, or someone relocating, knowing where to invest is crucial says,   Hirsh Mohindra . Let’s discuss with Hirsh Mohindra in this blog.  Why Invest in Chicago Real Estate in 2025? Before investment, this is the question for every investor, why to choose Chicago real estate in 2025? Let’s discuss the top reasons to invest in Chicago real estate first. Strong Rental Market : strong rental market of Chicago is the one of the top reasons to invest in Chicago. Average rental yields in some Chicago neighborhoods are reaching  6-8% , thanks to a growing po...

Chicago's multifamily housing market in 2025 is characterized by a blend of robust demand, escalating rental rates, and a concerted push toward affordable housing solutions. The city's real estate landscape is evolving, influenced by economic factors, policy initiatives, and shifting demographic trends says, Hirsh Mohindra . Rising Rental Rates Amid Limited Supply The city's multifamily sector is experiencing significant rent growth. As of early 2025, average asking rents have reached approximately $1,835, marking a 3.3% annual increase. Downtown areas, particularly Streeterville, have seen average rents surpass $3,000, a 28% rise from the previous year. This surge is attributed to a decade-low in new apartment supply. Only about 500 new units are expected to come online this year, down from the 10-year average of more than 3,500 units. Developers face constraints due to tight capital markets and rising construction costs, leading to a slowdown in new projects. Affordable H...

 In recent years, the real estate investment landscape in Illinois has seen a notable shift. While traditional single-family homes and multi-unit buildings remain popular among investors, a quieter but significant trend has emerged: mobile home investing. With its low barrier to entry and rising demand for affordable housing, mobile home investing is proving to be an increasingly attractive option, particularly in and around the Chicago metropolitan area. Why Mobile Homes? Mobile homes have historically been associated with affordability and flexibility. They offer a unique combination of low purchase prices and steady rental income potential. In an era where housing affordability is a growing concern, mobile homes serve as a viable solution for low- and middle-income families. Investors are beginning to recognize this segment as a valuable asset class with less volatility and a strong demand base. “Mobile homes represent the future of affordable housing solutions in Illinois,...

As climate change intensifies, its consequences are becoming unavoidably clear — particularly along the world’s coastlines. For decades, oceanfront property symbolized wealth, beauty, and escape. But today, that dream is colliding with rising seas, extreme weather events, wildfire risks, and unpredictable climate patterns. These environmental threats are not just ecological or humanitarian issues — they’re radically reshaping real estate markets, development strategies, and long-term investor behavior. From Miami to the Netherlands, and from flood zones to wildfire-prone canyons, a new paradigm is emerging: one where resilience and adaptability are more valuable than a beach view. The High Cost of Beauty: Why Coastal Properties Are at Risk The global real estate market has long seen premium value in coastal properties. But rising sea levels, erosion, and more intense hurricanes are beginning to chip away at that value. According to the National Oceanic and Atmospheric Administratio...

 Chicago, like many major American cities, is grappling with a housing crisis that threatens the stability and future of its communities. Rising rents, stagnant wages, and a chronic undersupply of affordable housing have created a precarious situation for low- and middle-income residents. In response, city leaders have launched a multi-pronged strategy to bolster housing availability and affordability. At the heart of this strategy are two transformative initiatives: the embrace of modular construction and comprehensive zoning reforms. Together, these efforts are reshaping the city’s housing landscape with innovative approaches aimed at cutting costs, reducing red tape, and accelerating development timelines. Modular Construction: Faster, Cheaper, Smarter Modular construction, the process of fabricating building components off-site and then assembling them on location, offers a promising solution to some of the most pressing challenges in urban development. In Chicago, the ado...

In recent years, the dream of homeownership has become increasingly elusive for many Illinois residents. Skyrocketing home prices, growing property taxes, and stagnant wage growth have combined to make buying a home — especially a first home — a daunting financial hurdle. In response to these challenges, state legislators in Illinois have introduced Senate Bill 148, a new proposal that seeks to offer tangible financial support for first-time and returning homebuyers. This legislation, known as the Illinois Home Buyer Savings Account Act, aims to address affordability by allowing residents to create tax-deductible savings accounts specifically designated for the purchase of a home. These accounts offer a tax-advantaged way for prospective buyers to prepare financially for one of the largest investments of their lives. “Senate Bill 148 represents a strategic approach to addressing the affordability crisis in Illinois,” says housing policy expert Hirsh Mohindra . “By incentivizing savings...

In 2025, the reintroduction and expansion of federal tariffs on imported materials sent a tremor through various sectors of the American economy. Among the industry’s most directly impacted has been real estate — particularly in urban centers like Chicago, where development and renovation efforts rely heavily on imported construction materials. The effect of these tariffs has not only been felt in developers’ budgets but also in the broader housing market, straining affordability and impeding progress on much-needed residential and commercial projects. The Tariffs: A Brief Overview The 2025 tariffs, aimed largely at bolstering domestic industries, have reimposed significant duties on steel, aluminum, and lumber imported from several countries. While intended to encourage American manufacturing, these tariffs have had the immediate effect of driving up costs for builders and developers who rely on a global supply chain to manage material costs and availability. For cities like Chica...