Chicago Sun-Times
US · 11 mins ago
Students spread the word to strapped Chicago renters about their shot at buying in the neighborhood
Many Chicago renters have been priced out of apartments in their neighborhoods over the past few decades. In eight neighborhoods over the last year, however, a city ordinance gives tenants a shot at buying their building if it goes up for sale.
On the Northwest Side, where the Tenant Opportunity to Purchase Act has been in effect for more than a year, city officials say only one tenant association has purchased their building, out of hundreds of property sales in the area. Seven tenant groups…
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