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Illinois Real Estate Q&A Discussion Forum
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Updated over 3 years ago,

User Stats

10
Posts
2
Votes
Nick Talarico
  • Rental Property Investor
  • Spokane, WA
2
Votes |
10
Posts

Owner Occupied Peoria, IL

Nick Talarico
  • Rental Property Investor
  • Spokane, WA
Posted

Hello, 

I have a question about zoning. We are offering on a property and it came back that the owner marked it as Residential Owner Occupied instead of tenant occupied. As the potential new buyer why does this matter? I don't live in the area and haven't come across this. Does it need to be rezoned as we wont be living in the property? IF so how does that work and what is the cost typically?

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