I'll be interested if you can develop more as I am now getting extremely confused.The "Illinois type" land trust, to the contrary of most other trust, convey the legal AND equitable title to the trustee and transform the beneficiary ownership into a personal property.

That money isn't disappearing, it is just transforming from cash in your pocket to equity in your property.

The west side is especially appealing because there is a lot of new development happening there with the Bayfront project and others and that neighborhood is really starting to transform.

From there, we have gutted the home to the studs, increased the square footage, and completely transformed the home.

The downstairs consisted of an apartment and 3 commercial spaces.The previous owner purchased the building from the ILA and transformed the upstairs into a massive model railroad museum!

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer,gas, cable etcYou will need ball park cost estimates from site work contractors for site work, roads, installation of utility lines etc.Once you have some answers to these questions you can get estimates from site-work contractors to do the work.

He built a machine he foresaw as capable of transforming the personal computer market. 

So while it was meant to be informative and educate others, it has transformed into anti wholesaling in many threads.

Over the years I cannot believe the positive transformation.

Anyway, I reach out to this firm, great website, lots of information, pictures, videos of transformations, referrals, etc.