A call to the Planning Dept revealed this 'minor' inconvenience.

I have a 3 flat in Lincoln Park, Chicago, IL that I am planning to list for sale in the next 3-6 months.Currently owner occupied in 1 unit (Duplex up, 3 bed 3 bath).The other 2 units (2 bed 1 bath each) are rented.I am wondering if it is more attractive to buyers to leave the 3 bed 3 bath unit vacant when I move out, or should I place a tenant in there and then list for sale?

You buy the property and you have to live with the existing leases in place.Look at the leases and verify the rents are current.See if you can talk with the tenants to see what problems they have with their unit and what their plans are.

Hi @Katharine G.sounds like a great plan! 

It means you are a financially responsible individual and in the end what you are looking for is a responsible tenant.

@Stacy TringThe only thing this plan is certain to accomplish is to split the family.

But I think we'll talk to an attorney for finalizing a plan. 

@Carter Buckingham If you're planning to purchase a mobile home in the community where the land is rented, you'd have to check first with the park manager and/or owner to see if you can move forward with your plan. 

Is your goal to keep these properties as a long term hold, or are you planning to sell within the next 5 years?

In fact, according to Rentometer.com, your new rate is almost 15% lower than the average rent of all 1-bedroom units listed for rent in the last year within a one-mile radius of your address, which is currently $Y.We are aware that any increase in household expenses, however minor, can have a financial effect.