Commercial Condominiums Apartments, Buildings for Rent
Junction (IL) commercial apartment / condominium building for lease, Junction (IL) commercial real estate for lease or rent
Junction (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 Junction building is to be leased, the lessee can be responsible (most likely) for all the upkeep and service charges related to the Junction (IL) apartments or condominiums.
Junction rental properties make a great investment income, but having to pay large down payments for Junction (IL) property can eat up capital you may need for future repairs or Junction (IL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Junction (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 Junction (IL) property for any bank holding or liens.
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Illinois commercial property for lease & sale
Commercial and industrial property for lease
Commercial and industrial property for sale