What is the best strategy for real estate that I own in close proximity to potential Olympic events?

I know this is extremely early, but I can’t stop thinking about it. I own a one bedroom condo in the epicenter of where the olympics would be (if they took place in Chicago in 2016). my place is downtown Chicago and within 1 mile to the majority of the potential venues for the events (with a great view and parking). Thinking ahead to 2016, I will most likely not be living at the place, but will keep it for investment purposes. So if the time comes (hopefully, when the time comes), what should I do with the property to capitalize on that great location? Lease (for a ridiculous amount of money)…. sell just before the olympics …. lease during the events, and sell afterwords (expecting the local area real estate value has greatly appreciated). like I said, this is very premature … but it is fun to think about. take care.

What is the best strategy for real estate that I own in close proximity to potential Olympic events?


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