General Real Estate Investing
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 4 years ago on . Most recent reply
Empty Commercial Building in Rough Neighborhood- 6500 Sq Foot
Hi,
I have an empty commercial building in rough neighborhood(near corner of Kedzie and Cermak Road in Chicago) and its 6500 sq ft.
We would have liked to sell it but it's been a tough sell. We have tried renting it, but the building needs a lot of work. Any ideas what can be done with it? I'm not sure we should put any more money into it but at the same time it is just sitting there and we are paying taxes on it. Any input would be greatly appreciated. Thanks.