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Impact of New Case Law on Illinois Condominium Deconversions

/ Owner - June 8, 2022

The sale of all the units within a condominium association, also known as a condo deconversion, has gained momentum over the last few years.  Compared to the cost of constructing an entirely new property from the ground up, some real estate investors and developers have found it easier and financially more advantageous to purchase an existing condominium building and, in some cases, convert the units into apartments.    Read the entire article……………………………….

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