Clay City (IL) commercial apartment / condominium building for lease, Clay City (IL) commercial real estate for lease or rent

Clay City (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 Clay City building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Clay City (IL) apartments or condominiums.

Why lease your Clay City (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 Clay City (IL) investment property for a smaller down payment and fairly lower risk. If you are wanting to eventually purchase the Clay City (IL) property, make sure your lease is drawn up by a capable attorney who knows real estate law thoroughly.