Luckily you can still close on this if you're ok with curing the violations yourself but you'll need a rehab loan to do so. Since this is a condo complex, it's very unlikely you can use a 203k (possible depending on the # of units in the physical building). A HomeStyle renovation loan can accomodate your situation Tppnz. It'll allow you to purchase and cure all the violations and your closing will not be held up by verification that the violations have been cured, only that the appropriate work has been bidded out to the proper parties and the money will be put in escrow for those contractors to cure post-close.
If you need more information on it, feel free to look at past advice I've given or reach me directly through my profile.
Best of luck to you!
Considering the City tends to leave condos alone, one has to wonder how and why this unit got written up. If this is a vintage building then there may be serious issues that should make you run the other way. Those issues are a bit too many and complicated to discuss here. If this is a newer building, then chances are the original developer tried to cheat and got caught.
If construction conditions are relatively normal and code complaint, there should not be a reason for the City to demand de-conversion. Writing the space for de-conversion is automatic. However, it is NOT absolute that you must comply with the City's demands. You have to comply with the Code. Often times those are two entirely different things. The following is a list of things you would need to do to get this unit legalized.
- architectural plans and permits
- construction would need to meet Code, this may require construction work beyond what is existing in order to achieve compliance
- follow up inspections by City inspectors
- an attorney to handle the case in housing court or AH
- between plans, permits, misc construction work, time, an attorney and related costs; a case like this can typically run to $10K to resolve.
-if there are extreme circumstances obviously costs can be much higher
The City does not go away. If you buy this property the violations and liabilities become your responsibility. In Chicago, violations run with the building, NOT the owner. You could go after the previous owner for costs but that's another story.
I suggest you get a copy of the violation notice in order to see ALL the violations. DO NOT take anyone's word how long or short the violation list is. The violation list itself will have details about the specific violations that can shed light on the severity. Based on the information you have provided it should be feasible to legalize this unit. The question is whether the deal is still worthwhile considering the potential time and costs.
Feel free to call or email. Good luck
The basement only has a bathroom and a bedroom and has two exits--- a window egress and a door the exits to the building's lobby.
About the only major item to deconvert is remove the stove and cap the gas line. You could call a plumber to make sure the line is capped appropriately. That is so minor I doubt a permit is needed. Gas company does all the time without any permits. You could then call the gas company and have them check for leaks.
You could then go to the city and get a zoning certification that your house is legal.
You cannot get the city to make an exception for your space. That will never happen. You just ned to do whatever it is that they allow.