Lead paint in Chicago property

[Gillian C.]

Hi Chicago investors (and anyone with lead paint experience / knowledge)

We are in negotiations to purchase an older property that has a laundry list of lead paint disclosures (and also a list of remediations that the owners took). I am currently rushing to research as much as I can about this online, but figured I would pop this up on the forum in case anyone has any useful thoughts about what we should be looking for / what this means for future renovations etc. Thank you!!

Gillian

[Joseph Konney]

You can do a quick check of the building violations from the city of Chicago here: https://webapps1.cityofchicago.org/buildingrecords/

I recommend consulting your real estate attorney for advice. 

If you plan to use this as a rental, you will need to make a lead paint disclosure as well. You may be forced to do remediation. Here is some good supplemental information:

http://www.leadsafeillinois.org/owners/

http://www.leadsafeillinois.org/tenants/