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Updated almost 9 years ago,
Negotiation Assistance - Nonconforming Garden Unit Observed
Hi BPs,
Fortune brought me a motivated seller with a nonconforming garden unit, some may say illegal unit. Who am I to say?
I read about the code requirements, and de-conversion risk. It can be as easy as removing the sink and stove or could require removing all partitions. There is no chance the zoning can change.
What technique should I use to lower the price even more based on that observation - before the formal inspection? Cost to cure lingo or a plain new bid.
What techniques have you used when dealing with this?
Thanks!
Frank
Keywords
Chicago, multifamily, illegal basement, code violations