Clarendon Hills (IL) commercial apartment / condominium building for lease, Clarendon Hills (IL) commercial real estate for lease or rent

A Clarendon Hills apartment or condominium building for lease may be available from an owner in Clarendon Hills (IL) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Clarendon Hills (IL) owner and make sure the numbers work.

Clarendon Hills rental properties make a great investment income, but having to pay large down payments for Clarendon Hills (IL) property can eat up capital you may need for future repairs or Clarendon Hills (IL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Clarendon Hills (IL) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Clarendon Hills (IL) property for any bank holding or liens.