Wednesday, March 06, 2019

Biggest developments in Chicago | Chicago development

Biggest developments in Chicago | Chicago development

Chicago has a bunch of huge downtown residential towers going up, with high-end condo units. The bottom end of the condo market is being devoured by investors who are turning them into apartment buildings using Section 15 of the Illinois Condominium Property Act. They get 75% of the ownership interests on their side, and sell the building.

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