I've love to find a DEAL around 38th St. and College Ave. near the Red Line bus route.

Well…”We sort through all commercial dataWe go in the dark vacant buildings We build the Rent RollWe figure out the disposition valueWe write the PAWe wait for the Buyer who doesn’t show upWe calculate the Cap RateWe negotiate the best termsWe verify rentable vs usable SFWe pick up the earnest deposit checkWe meet the photo/video guyWe pay the photo video guyWe build the Pro FormaWe tour in -20 degreesWe over-pay for the commercial dataWe work with the LawyersWe meet the Inspector at the propertyWe write the LOIWe redline the LOIWe see the rat in the dry toiletWe market the property everywhereWe pay all marketing costsWe make the drone videosWe talk to all of the nonqualified buyers We draft the Cancellation to PAWe order the SurveyWe send the listing to all commercial brokersWe talk to the CityWe get all the phone callsWe return all the phone callsWe pay for the For Sale signsWe install the For Sale SignsWe handle all emailsWe open escrowWe write the second PAWe write the third PAWe pick up the Floor PlansWe draft the AmendmentWe target buyers in other statesWe save the dealWe get the Estoppel CertificatesWe explain SBA financingWe review the LeasesWe negotiate lender consentWe draft the 2nd AmendmentWe show the property when you’re on vacationWe build the FF&E listWe verify inventory pre-closing We handle the final walkthroughWe update the snowy picturesWe provide the tenant contractor namesWe give the buyer our banker contactsWe meet the Appraiser We challenge the appraisalWe study the P&LWe review the Balance SheetWe handle all property toursWe verify the Certificate of OccupancyWe send the NDAWe structure the dealWe verify the CD termsWe calculate cash-on-cash returnWe call the tenants before the tourWe pay for the premium listingsWe order the CIC docsWe challenge the Tax AssessorWe talk to the Licensing DepartmentWe get the Roofer accessWe pay for the advertisingWe update the As-Built plansWe meet with the Watershed DistrictWe order the Wetland DelineationWe call FEMAWe call FEMA againWe verify Soil BoringsWe coordinate the Septic InspectionWe talk to cops when the alarm goes offWe talk to the Lender about the BuyerWe check on all city permits pulledWe run the 5 year Discounted Cash-FlowWe email the property to our 26,000 contactsWe go to the Zoning Board meetingWe order the Phase I EnvironmentalWe study & challenge the Phase I EnvironmentalWe order the Phase I I EnvironmentalWe process the Cancellation of PAWe talk to the angry neighborWe talk to the nosey neighborWe work on the encroachment issueWe deal with the agent at nightWe explain the market trendsWe order the Title CommitmentWe review the Title CommitmentWe pay for the property postcardsWe pay to mail the property postcardsWe slip on the ice after the tourWe build the 25 page OMWe verify the Settlement StatementWe show the damp moldy basementWe confirm the wire transfer We make our Sellers a lot more money!

It is actually illegal and called redlining. 

This is a highly controversial and much litigated area without a clear red line.

I plan to redline a clause I saw though that states the contract is valid so long as any tenants they place are in the building. 

There's also usually more redlining between our architect and our drafting team when we have to do the exterior work.For additions, marrying up roof lines and getting the new/old 'knuckle' right is always the more challenging part of the design process and the drafting process. 

@Scott Mac that's great....my Burger King Whopper test is D --Definitely do not want to order from this BK--probably have many health code violationsC--maybe order if desperate but strive to get to a B or A area--in the A area, you're whopper will look like the commercialIt's funny but fast food restaurants can tell you a lot about the neighborhoods too--never thought of that but I have my red line areas that I will never order from and pretty much there the same areas I wouldn't buy in.

Instead there is a word doc used in editable format where the attorneys (red line) changes back on forth until a final version and clean copy is ready to execute.

First yes bank do redline areas and will not finance some areas.

I might recommend that if you can, and yes it will be a little more pricey, but you will get the most out of the Chicago experience, to be close to that brown line or red line going north.