Environmental issues, code issues, deferred maintenance, etc..

And although the city's historical legal usage records says that the property was used as a church for the last 45 years, The Phase 1 environmental company has come across maps that show that for a 20-30 year., the property was used as an auto repair shop.

I am a commercial lender for a client here in Chicago. He is currently negotiating to buy a 15 acre parcel where he is currently renting. He is a tenant in the property. The property has been a truck terminal for year...

If possible get a meeting with planning commission to find out what the master plan is for the immediate area.Get a survey, phase I and possibly II environmental, and if the lender requires a third party condition assessment, for God's sake DO NOT hire a local property inspector, no cares if the linoleum in the kitchen of unit C2 is pealing in the corner.

Providing fill for the property”Mitigating wetlands or other environmental restraints on the property?

The seller has been occupying the building as an office for the past 60 years so I doubt there is any environmental issue but there is an above ground oil tank in the basement which is used for heating.

The younger generation is also way more environmentally conscious and is tired of seeing large chunks of land bulldozed and cleared to squeeze in as many houses as possible. 

I don't know how accurate this is but the word is that inspections include gutters, roofing, chipped or peeling paint, cracked or damaged sidewalk and steps, are among the inspection requirements.The Buildings, Safety Engineering & Environmental Department has begun a Residential Rental Compliance & Enforcement program. 

I am 23 years old and currently in an internship as an Environmental Scientist in Orlando, Florida. 

I'd say your biggest concern will be environmental issues, lead paint, asbestos, or other contaminations that you'll likely have in older homes and in that price range, probably updates were limited if any were made