Commercial Condominiums Apartments, Buildings for Rent
Chatham (IL) commercial apartment / condominium building for lease, Chatham (IL) commercial real estate for lease or rent
Chatham (IL) apartment and condo buildings are sometimes great investments as they can be leased in part or in whole to a single tenant or several tenants. If the whole Chatham building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Chatham (IL) apartments or condominiums.
Why lease your Chatham (IL) apartment building and not just buy? It could take up to 30% down payment to make that happen, but with a master lease you can acquire Chatham (IL) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Chatham (IL) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.
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Illinois commercial property for lease & sale
Commercial and industrial property for lease
Commercial and industrial property for sale