Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
2-4 Plex in Chicago: Listings Vague on Number of Units
I've just started looking for a 2-4 plex to buy in Chicago using FHA and a lot of the listings are vague on how many units the buildings have. For example:
https://www.redfin.com/IL/Chicago/1411-W-Grand-Ave...
Multi-Family (2-4 Unit), 4 Flat
Is it 2, 3, or 4 units? Also, what's the deal with illegal basements? A lot of these have some shady disclaimer about them.