Before anyone considers buying a tenant occupied property it's imperative they figure what the current tenant situation is. If you are buying a distressed property, you may have tenants that aren't going to want to pay rent, or at least not your higher expectation of rent, and in a tenant's right dominated city like Chicago, you'll find yourself with several months of headaches that no amount of Tylenol will soften.
Always use caution and really, a lot of common sense before buying tenant occupied properties.
Koenig & Strey
There are many properties available and many different styles of buildings, homes, apartments. Specifically, what is it that you are looking for?
Sohail A. Salahuddin | Group Founder
Innovative Property Consultants Group | Sales and Leasing
Jameson Sothebyâ€™s International Realty
425 W. North Ave. | Chicago, IL 60610 â€¨
O: 312.335.3230 | C: 312.437.7799 | F: 847.805.6030
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You can see more about me in my profile and my number is 773-732-9123, call or text any time.
Solid Solutions Real Estate and Investments, Inc.