Wheaton, IL Real Estate Investor Services Attorney

Experienced Real Estate Lawyer Helping Investors in DuPage County, IL

The Chicago area is highly sought-after by real estate investors. The area has a strong rental housing market, making it perfect for those who are planning to purchase residential real estate such as an apartment building to rent out. The relative economic stability also makes the area desirable for those investing in commercial real estate, as well-maintained commercial spaces in good locations rarely sit empty for too long. Our dedicated Cook County, IL real estate investment attorneys are experienced in helping people from all over the world invest in the Chicago area's profitable real estate market.

When you work with our law firm, you will always work directly with Attorney Eron McCormick. You will never be passed off to a paralegal or non-attorney staff member. The McCormick Law Firm, LLC is highly skilled in facilitating and structuring complex real estate transactions, assisting developers, and guiding corporations seeking to buy new properties or sell their current properties. We provide comprehensive legal services to real estate investors. Our lawyers will be there for you at all stages in your real estate investment journey, including after your transaction has been finalized should any issues arise.

Facilitating Real Estate Purchases

Whether you live locally or would prefer to carry out your transaction without making more than one visit to Illinois, our attorneys are prepared to help you. We can help distant investors investigate the desirability of the property you have in mind, conduct market research to help you find the right property, and facilitate closing. Our attorneys can serve as your local guide while you seek out the perfect property for your purposes. We will ensure that the property you are buying can be used for its intended purpose and that there will be no unpleasant surprises after you have completed your transaction.

We can also assist you in securing financing for your investment. Our attorneys are skilled in working with both practiced corporate investors and individuals who are new to the real estate investment market.

Providing Support for Landlords

Most real estate investors have commercial or residential tenants occupying their investment properties. We can provide guidance on choosing the right tenants, and can also help in the event that a tenant who appeared perfect on paper turns out to be problematic for you. Our attorneys can assist with ensuring compliance with all relevant landlord-tenant laws, draft a lease that strongly protects your interests, or help you address problems such as nonpayment from tenants.

Guiding 1031 Exchanges

A 1031 exchange can be a powerful tool for real estate investors who are seeking a tax break. This type of exchange allows you to effectively trade one property for another while deferring capital gains taxes. 1031 exchanges can be complicated, as you must be sure to comply with the tax code as well as other local and federal laws. Our attorneys are skilled in helping investors make 1031 exchanges that achieve the desired result.

Preventing Costly Future Disputes

When you are buying real estate with the intention of turning a profit, the last thing you want is a legal dispute over an easement, boundary dispute, or legal zoning issue. Our lawyers will carefully research any property you plan to invest in to ensure that these issues are resolved before closing. We will conduct a thorough investigation into any land use requirements, easements, or other issues that could impact the profitability of your investment.

Structuring Ownership Agreements

Real estate investors rarely work alone. Most work with other individuals or corporations when making large purchases or planning a development project. Structuring ownership is an important part of cooperative investing. Our attorneys can help you plan to structure an ownership agreement that will make the rights and obligations of each investor clear.

Contact a Wheaton, IL Real Estate Investment Attorney

The McCormick Law Firm, LLC is dedicated to helping real estate investors make the most of their projects. Our experienced and well-qualified DuPage County, IL real estate investment lawyers will do all we can to protect your investment funds and help you make sound purchases. Contact us at 630-517-8570 for a complimentary consultation.