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Updated about 4 years ago on . Most recent reply

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38
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Polina Goncharova
  • Accountant
  • Chicago, IL
7
Votes |
38
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Outstanding Code Violations Not Cleared

Polina Goncharova
  • Accountant
  • Chicago, IL
Posted

Hello BP,

I am in the process of closing a deal on SW Side of Chicago. The building has outstanding code violations from prior to rehab. After talking to a city representative, he stated that the building had an initial permit but the permit does not have the final inspection documented. Without this from the city, this building permit (from 2009) will not be finalized. We can though request a re-inspection which will clear the existing code violations. 

How crucial is it to have the house be inspected by the city during and after completion?

There is also no certificate of occupancy but building is fully occupied. Is this a major or minor issue?

The seller has been  broad in terms of his responses to our questions. Stating that "The property has been inspected by the City, State Farm Insurance and by the Section 8 program. No one had issues with the condition of the property"

Your opinion is greatly appreciated.

Most Popular Reply

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2,188
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Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
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Wendell De Guzman
  • Investor
  • Chicago, IL
Replied

You need to be careful. If the code violations are not cleared by the city, the property can end up in the DEMOLITION LIST. The City of Chicago is very serious about this and they will fine the owner $30,000 when the property gets demolished. I work with one of the top attorneys defending owners of properties in the demolition list so I know this to be a fact.

So answer: the city has to inspect it so get a re-inspection.

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