The #1 Rated Hard Money Lenders Illinois since 1998 for Real Estate Investors

Hard money lenders in Illinois, HardMoneyMan.com offers hard money loans in IL for fix and flips, construction and rental loans. Click get your loan above to apply today.

R

Investment Property Hard Money Loans in Illinois lending throughout the state

R

The Leader in Hard Money Loans in Illinois

Submitting your application package is quick and easy.

American Association of private lenders member
Table of Contents
2
3

How is the Illinois Real Estate Market and should I use Hard Money Lenders Illinois to invest there? 

Illinois is a great place to invest in real estate. With its diverse economy, vibrant culture, and strong job market, Illinois has become an attractive destination for both residential and commercial real estate investors. The state’s real estate market has seen steady growth over the past few years, with home prices increasing by 4.3% in 2020 alone. In 2023, the Illinois real estate market is expected to remain strong. Home prices are projected to continue rising as demand for housing remains high and inventory remains low.

Additionally, rental income growth in Illinois is expected to be robust in 2023, with average rents increasing by 3-4%. This is good news for investors looking to capitalize on the growing rental market in the state. The Chicago metropolitan area is one of the most popular markets for real estate investment in Illinois. It offers a variety of housing options from single-family homes to luxury condos and apartments. Investors can also take advantage of tax incentives offered by the city of Chicago that make it easier to purchase and own property there. Overall, investing in Illinois real estate can be a great way to diversify your portfolio and generate passive income over time. With its strong job market, diverse economy, and growing rental market, now is a great time to consider investing in this vibrant state.

Sources

Why Illinois is a great place to buy a rental property and use one of our Hard Money Rental Loans

  • Rental rates in Illinois have been steadily increasing over the past few years. In 2020, the average rental rate across the state was $1,322 per month, which is an increase of 4.3% over 2019 levels. Looking ahead to 2023, rental rates in Illinois are expected to continue rising as demand for housing remains strong and inventory continues to remain low.
  • According to experts, rent prices in Illinois could rise by 3-4% on average during this time period, resulting in an even further increase from current levels. In addition to the overall growth in rent prices throughout the state, certain areas will experience higher increases than others. For example, cities like Chicago and its surrounding suburbs are projected to experience larger jumps due to their strong job markets and high demand for housing.
  • Overall, rental rates in Illinois are expected to remain on an upward trend through 2023 as demand for housing continues to outweigh available inventory. This trend presents a great opportunity for real estate investors looking to capitalize on the growing rental market in the state.
  • Illinois is a great place to invest in real estate, with many regions throughout the state offering investors attractive opportunities. In the Chicago metropolitan area, there are a variety of housing options available from single-family homes to luxury condos and apartments. The city of Chicago also offers tax incentives that make it easier for investors to purchase and own property in the area.
  • Additionally, the region has seen rising rental rates over the past few years due to increasing demand from tenants looking for housing in this vibrant city. The Peoria region is another popular choice for real estate investment due to its strong job market and low unemployment rate. There is also a wide selection of properties available at various price points, making it easy to find an option that fits your budget and objectives.
  • Downstate Illinois is also home to many thriving towns with plenty of investment opportunities. In particular, cities like Champaign and Bloomington offer terrific value for both residential and commercial investments. With their burgeoning tech industries and highly educated workforce, these cities are expected to continue experiencing economic growth into 2023.
  • Overall, there are numerous regions throughout Illinois that offer excellent opportunities for those interested in investing in real estate. From chic downtown areas like Chicago to thriving downstate towns such as Peoria and Champaign, Illinois has something for everyone interested in investing in the state’s real estate market.
Ken has been a hard money lender for over 25 years. He has funded over 25k deals for investors in that time. Ken specializes in fix and flips, ground up spec construction and 30 year DSCR loans. He is also a real estate investor in NJ and NY.

Why Illinois is a great place to buy a rental property and use one of our Rental Loans

  • Rental rates in Illinois have been steadily increasing over the past few years. In 2020, the average rental rate across the state was $1,322 per month, which is an increase of 4.3% over 2019 levels. Looking ahead to 2023, rental rates in Illinois are expected to continue rising as demand for housing remains strong and inventory continues to remain low.
  • According to experts, rent prices in Illinois could rise by 3-4% on average during this time period, resulting in an even further increase from current levels. In addition to the overall growth in rent prices throughout the state, certain areas will experience higher increases than others. For example, cities like Chicago and its surrounding suburbs are projected to experience larger jumps due to their strong job markets and high demand for housing.
  • Overall, rental rates in Illinois are expected to remain on an upward trend through 2023 as demand for housing continues to outweigh available inventory. This trend presents a great opportunity for real estate investors looking to capitalize on the growing rental market in the state.
  • Illinois is a great place to invest in real estate, with many regions throughout the state offering investors attractive opportunities. In the Chicago metropolitan area, there are a variety of housing options available from single-family homes to luxury condos and apartments.
  • The city of Chicago also offers tax incentives that make it easier for investors to purchase and own property in the area. Additionally, the region has seen rising rental rates over the past few years due to increasing demand from tenants looking for housing in this vibrant city. The Peoria region is another popular choice for real estate investment due to its strong job market and low unemployment rate.
  • There is also a wide selection of properties available at various price points, making it easy to find an option that fits your budget and objectives. Downstate Illinois is also home to many thriving towns with plenty of investment opportunities. In particular, cities like Champaign and Bloomington offer terrific value for both residential and commercial investments.
  • With their burgeoning tech industries and highly educated workforce, these cities are expected to continue experiencing economic growth into 2023. Overall, there are numerous regions throughout Illinois that offer excellent opportunities for those interested in investing in real estate. From chic downtown areas like Chicago to thriving downstate towns such as Peoria and Champaign, Illinois has something for everyone interested in investing in the state’s real estate market.

We Lend in:

Chicago, Aurora, Rockford, Joliet, Naperville, Springfield, Peoria, Elgin, Waukegan, Champagne and all other cities in Illinois 

Illinois Fix and Flip Loans

Wisconsin-Construction-Loans-HardMoneyMan (1)

Illinois Construction Loans

Illinois Rental Loans

Illinois Multi Family Loans

Private Hard Money Lenders Illinois

As the leading Hard Money Lenders Illinois, Hardmoneyman.com LLC lends to real estate investors throughout the state. Specializing in fix and flip loans as well as rental loans, we have closed over 3,000 hard money loans in Illinois since 1998, making us one of the oldest hard money lenders in the country. Regardless of what part of Illinois, we are the go-to residential hard money lenders in IL thanks to our ability to close quickly.

We pride ourselves on being second to none in understanding all real estate markets that we lend in, and understanding the borrower’s objectives before putting together a loan proposal for them.

Our niche is 1-4 unit residential properties that you are either going to fix and flip or hold as a 30 year rental, or ones that you are building (ground up construction). We will look at 5+ unit apartment buildings that are in need of rehab or are stabilized.

When real estate investors in Illinois are in need of fix and flip loans in Illinois, rental property as well as rental portfolio loans, 5+ unit multifamily bridge and 30-year loans, and ground up construction loans, it turns out the #1 choice for Hard Money Loans in Illinois is HardMoneyman.com LLC.

Hard Money Lenders Illinois for Real Estate Investors

This is where we separate ourselves from other lenders, we under promise and overdeliver time after time! You speak with a decision-maker on all phone calls and by email (you can even text us too!) not some account executive that is just reading off their product matrix and hoping to fit your loan in their box.

From Chicago to Champaign, Hardmoneyman.com LLC has helped real estate investors from new to experienced achieve their investment goals. Regardless of your location in Illinois, Hardmoneyman.com LLC is there to help you achieve your funding needs.

Our quick and efficient process from intake to underwriting to closing, and then draws done in-house with our construction team, make us the market-leading hard money lenders Illinois.

Contact us today and discover why we are the premier lender for Illinois real estate investors.

Why Hardmoneyman.com LLC for your Illinois Hard Money Loans?

 Don’t make the BIG mistake of trusting just any hard money lender Illinois for your deals. Hardmoneyman.com LLC is #1 in the industry for hard money loans in Illinois for a reason. 

We close! It’s that simple. 

Illinois has some of the hottest real estate investing markets like Chicago, Ottawa, Champaign-Urbana, and Edwardsville. HardMoneyman.com LLC has closed loans for rehabs, ground-up construction as well as rentals in all of them! 

There are some really good Real Estate Investor Meetings throughout Illinois, here are a few we recommend

Chicago Area REIA 

Chicago Creative Investors Association 

Illinois Rental Property Owners Association   

 



Why Illinois is a great place to buy a rental property and use one of our Hard Money Rental Loans

  • Rental rates in Illinois have been steadily increasing over the past few years. In 2020, the average rental rate across the state was $1,322 per month, which is an increase of 4.3% over 2019 levels. Looking ahead to 2023, rental rates in Illinois are expected to continue rising as demand for housing remains strong and inventory continues to remain low.
  • According to experts, rent prices in Illinois could rise by 3-4% on average during this time period, resulting in an even further increase from current levels. In addition to the overall growth in rent prices throughout the state, certain areas will experience higher increases than others. For example, cities like Chicago and its surrounding suburbs are projected to experience larger jumps due to their strong job markets and high demand for housing.
  • Overall, rental rates in Illinois are expected to remain on an upward trend through 2023 as demand for housing continues to outweigh available inventory. This trend presents a great opportunity for real estate investors looking to capitalize on the growing rental market in the state.
  • Illinois is a great place to invest in real estate, with many regions throughout the state offering investors attractive opportunities. In the Chicago metropolitan area, there are a variety of housing options available from single-family homes to luxury condos and apartments. The city of Chicago also offers tax incentives that make it easier for investors to purchase and own property in the area.
  • Additionally, the region has seen rising rental rates over the past few years due to increasing demand from tenants looking for housing in this vibrant city. The Peoria region is another popular choice for real estate investment due to its strong job market and low unemployment rate. There is also a wide selection of properties available at various price points, making it easy to find an option that fits your budget and objectives. Downstate Illinois is also home to many thriving towns with plenty of investment opportunities.
  • In particular, cities like Champaign and Bloomington offer terrific value for both residential and commercial investments. With their burgeoning tech industries and highly educated workforce, these cities are expected to continue experiencing economic growth into 2023. Overall, there are numerous regions throughout Illinois that offer excellent opportunities for those interested in investing in real estate. From chic downtown areas like Chicago to thriving downstate towns such as Peoria and Champaign, Illinois has something for everyone interested in investing in the state’s real estate market.
Shaun Dozier
Shaun Dozier
2022-10-27
My company has closed over 5 deals with Ken Vesely . He's very knowledgeable and will get it done . Good communication and responsive!
Demetri Williams
Demetri Williams
2021-04-09
This is the best lender I've used for all my deals. Very fast and efficient. Never any glitch always a smooth sail to closing. Don't waste your time using someone else.
Dario Olivere
Dario Olivere
2021-01-05
I have closed multiple deals with Ken. He’s to the point, very straight forward and won’t lead you on. He’s helped guide me along the way. I will always recommend him to my friends and I will always use him for my deals.
Tom Tinsey
Tom Tinsey
2021-01-05
This was my first time using any type of hard money financing so I had tons of questions along the way. Ken answered every one and even helped me out a lot with great recommendations as far as building my real eatate portfolio. Look forward to working with him on future deals and would recommend. No nonsense. No bs. All buisness!!
Brandi Pernell
Brandi Pernell
2021-01-05
The experience my husband’s and my company (Kingdom Realty, LLC) had with HardMoneyMan.com, LLC/Ken Vesely was five-star, from our very first interaction to closing. Ken is efficient, responsive, transparent and extremely knowledgeable. He kept his word on all things discussed, with no surprises along the way, which is extremely important with matters such as these. This was Kingdom Realty LLC's first experience with a hard money loan. Ken took the time to answer all of our questions and taught us a lot throughout our loan approval process. We closed our deal in less than 30 days; and would have closed sooner had it not been for the holidays. We are very much looking forward to working with HardMoneyMan.com LLC for our next deal, and strongly recommend this company to others looking to invest in real estate, close a deal quickly, and learn some tips along the way.
Christian Rodriguez
Christian Rodriguez
2020-10-22
I have worked with Ken multiple times and every transaction was a breeze if I have to recommend a straight forward Hard Money Lender, Ken is the man to go with
Christina McCann
Christina McCann
2020-03-03
Great company great experience
Joe Matthews
Joe Matthews
2020-01-09
Dealing with Ken and his team is flawless. The process is very streamline from start to finish with excite communication throughout the process

Why Choose Hardmoneyman.com LLC for your Illinois Hard Money Loans?

Z

We're in the Business

We’ve rehabbed, sold and rented investment properties ourselves. We know what to look for so you can be confident that your project will result in profit. 

Z

We're a Direct Lender

We loan the money. We don’t find the money form someone else. This means you can rest easy knowing that if we approve your loan, it’s going to get funded. No surprises.

Z

We're Fast and Efficient

We can give you preliminary approval in as little as 24 hours and have your loan closed and paid out in less than 7-10 days. We’re one of the most efficient hard money lenders in Illinois.

Z

We're Investor Focused

We consider you our partner and we want you to make money. We make it a point to look at our loans from all angles to make sure you’re going to get a fair return. 

Don’t make the BIG mistake of trusting just any hard money lender in Illinois for your deals. Hardmoneyman.com LLC is #1 in the industry for hard money loans in Illinois for a reason.

We close! It’s that simple.

Get Approved For A Hard Money Loan in IN

Simple and Fast Application Process