4119 W Adams St, Chicago, IL 60624

This multifamily property is being sold in an as-is condition, and the condition is unknown. The disclosure notes the possibility of defects, potential health or safety hazards, debris, and that the property may be located in a Special Flood Hazard Area. Per the seller’s knowledge, the property is occupied, and the buyer accepts responsibility for any necessary eviction, lease or rental negotiations, and other remediation to clarify legal occupancy. The utilities have not been disconnected, so the buyer will be responsible for utilities consumed and will need to address any collection or reimbursement of utility payments from tenants.

The property is located at 4119 W Adams St in Chicago, IL 60624, on a 0.07-acre lot. The City of Chicago may require Zoning Certification, and the buyer is responsible for compliance with that process, including associated costs and any remediation and/or inspections that may be necessary. Transfer compliance may also involve undisclosed city or county requirements, with buyer responsibility for related costs.

The auction process requires proof of funds or financing pre-qualification within 24 hours of the auction, along with a lender pre-qualification letter or, for cash, a financial statement or bank letter showing sufficient funds for 100% of the purchase price. Buyers should also plan for potential title and documentation items, including responsibility for payment of UCC liens of record and clearance from the title commitment if required.