Morton Grove (IL) commercial apartment / condominium building for lease, Morton Grove (IL) commercial real estate for lease or rent

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

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