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

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

If you'd like to own an investment property such as a apartment building in Preemption (IL) and have limited financing options and wish to avoid banks, loans and the added fees and taxes that come with buying Preemption (IL) property, a master lease may be the right financial option for you. However, you should research both options for possible risk and higher tax bracket if you're wanting to buy the Preemption (IL) property as an option in your contract.