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Updated about 4 years ago on . Most recent reply

Ralph Ace's profile image
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Ralph Ace
  • Real Estate Agent
  • from Chicago, IL
  • Member since Apr 25, 2020
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43
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10
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Ralph Ace's profile image
Ralph Ace's profile image
Ralph Ace
  • Real Estate Agent
  • from Chicago, IL
  • Member since Apr 25, 2020
Connect
Ralph Ace
  • Real Estate Agent
  • Chicago, IL
10
Votes |
43
Posts
Real Estate Agent

What happens if home has illegal basement?

Ralph Ace
  • Real Estate Agent
  • Chicago, IL
Posted

I showed a home today that had 1200 square feet.

The basement was not included in square footage but was livable space and was fully finished.

My client asked me what are the consequences of buying a home like that?

Can the city find out and charge owner fines and add taxe on the basement?

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