IllinoisPropertyAttorney.com - Real Estate Closing Attorney

LOHSE LAW
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    • Home
    • Real Estate Closings
      • Closings - Commercial
      • Closings - Residential
    • Quitclaim Deeds
      • Quitclaim Deed Info
      • Quitclaim Deed Fees
      • Quitclaim Deed Order Form
    • About, FAQs, and more
      • About Lohse Law
      • About Brian Lohse
      • Brian's Property Law Blog
      • FAQs for Property Buyers
      • FAQs for Property Sellers
      • Resources and Links
      • Reviews and Ratings
      • OTHER LEGAL SERVICES
    • Contact

LOHSE LAW
Real Estate Attorney

LOHSE LAW Real Estate AttorneyLOHSE LAW Real Estate AttorneyLOHSE LAW Real Estate Attorney
  • Home
  • Real Estate Closings
    • Closings - Commercial
    • Closings - Residential
  • Quitclaim Deeds
    • Quitclaim Deed Info
    • Quitclaim Deed Fees
    • Quitclaim Deed Order Form
  • About, FAQs, and more
    • About Lohse Law
    • About Brian Lohse
    • Brian's Property Law Blog
    • FAQs for Property Buyers
    • FAQs for Property Sellers
    • Resources and Links
    • Reviews and Ratings
    • OTHER LEGAL SERVICES
  • Contact

Commercial Real Estate Closings


Attorney Fees from $750 for Sellers and $1,000 for Buyers

Have a COmmercial Real Estate Sales contract?

Have a COmmercial Real Estate Sales contract?

Have a COmmercial Real Estate Sales contract?

Have a COmmercial Real Estate Sales contract?

Have a COmmercial Real Estate Sales contract?

Have a COmmercial Real Estate Sales contract?

REALTORS® - Click here to submit your Client's sales ContractNot a Realtor® - Click here to submit your sales contract

Commercial Real Estate Closing Attorney

Lohse Law can assist you with the purchase or sale of commercial properties in the Chicagoland area (or seven (7) counties around Chicago).  Commercial properties include residential properties with 5 or more units, mixed use buildings, commercial buildings, retail buildings, medical properties, and industrial buildings.  


Commercial real estate closings can be complicated with many steps required to make it to the closing table. Whether its contract negotiations or due diligence guidance, it is advisable to hire an attorney to guide and advise you through the process to ensure everything is handled correctly and that "title" is properly conveyed. 


If you are either contemplating making an offer to purchase a property, or to accept an offer for the property you are selling, call attorney Brian Lohse first to discuss the important points that should be addressed in the Purchase Agreement.  Real Estate Attorney Brian Lohse will represent you from the time the offer is presented, through the due diligence periods, until the keys are handed over at the closing table.


Lohse Law only handles 15-20 real estate transactions at any given time.  Unlike many other attorneys that employ assistants and secretaries to handle everything except the "closing," real estate closing attorney Brian Lohse handles the entire transaction from beginning to end.  With such a small caseload, attorney Lohse provides direct attorney-client communications. 


For more information about properties affected by the Chicago Block (606) District Pilot program please click here..  This article includes a map of the affected areas, and a summary of the  rules (i.e. notice to tenants of your intent to sell and their right to purchase). 

LEGAL FEES - COMMERCIAL REAL ESTATE CLOSINGS

  • Flat-fees for commercial transactions usually provide clients with a "lower" cost compared with paying an hourly attorney fee of $300/hr.  On average, most commercial real estate transactions take anywhere from 20 to 30 hours from LOI to closing. 


  • TENANT OPPORTUNITY TO PURCHASE CHICAGO BLOCK (606) District:  Flat fees do not apply to any transaction – purchase or sale – that falls under Chicago’s “The Tenant Opportunity to Purchase Block (606) District Program” (or any other extension to this program).  Attorney fees will be hourly, not flat fee.

Medical properties with tenants including  doctors, physical therapists, and  dentists

Multi-Tenant medical and office buildings

Professional offices, suites and condos

Commercial property sales valued at $200K or more

Mixed Use property - Retail on the ground level and residential above

Mixed Use - Retail on the ground level and residential above

Commercial, automotive, and industrial properties

Restaurants and eateries - sale of the restaurant only or sale of the real estate and business together

Automotive, mechanic, builder, and industrial properties

Multi-family flats with  3 to 12 units valued from $100K - $3MM

Strip centers values at $200K or more

Restaurants and Small Businesses - sale of the business only - or - the business and real estate together

Real Estate Broker for light industrial properties throughout Chicagoland.

Light industrial buildings and warehouses valued at $100K to $2MM

Apartment buildings with 6 to 64 units 

Vacant land in Cook, Dupage, Kane, Kendall, Lake, McHenry or Will County.  Valued from $20K to $1MM

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