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

A Washington apartment or condominium building for lease may be available from an owner in Washington (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 Washington (IL) owner and make sure the numbers work.

Washington rental properties make a great investment income, but having to pay large down payments for Washington (IL) property can eat up capital you may need for future repairs or Washington (IL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Washington (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 Washington (IL) property for any bank holding or liens.