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City funds come to the rescue of ‘troubled buildings (IL)

/ Owner - April 8, 2022

The vintage condo building on Crandon Avenue in South Shore is in frightful straits. It needs at least $1.5 million to repair a crumbling facade and upgrade pipes. The homeowners association doesn’t have enough cash reserves to fund needed repairs. And the residents, mostly seniors on fixed incomes, are behind in paying monthly assessments. The city has liens on the building.   Read the entire article……………………………….

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