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Q: Property and Name Search ( Answered,   0 Comments )
Question  
Subject: Property and Name Search
Category: Relationships and Society
Asked by: deadbeckett-ga
List Price: $30.00
Posted: 08 Oct 2004 16:16 PDT
Expires: 07 Nov 2004 15:16 PST
Question ID: 412262
Ok here is the problem: 2 guys buy a 2,600 sq foot condo: 3 bedroom,
fireplace, balcony, new, never been owned in Chicago's West Loop in
August/Sept 2004 under a Limited Liability Company. The building has 6
condo units.
1. Where do they live?
2. What is the name of the LLC?
3. What are their names? and 
4. What are their telephone numbers?

Request for Question Clarification by googleexpert-ga on 08 Oct 2004 17:37 PDT
Hi deadbeckett,
So... the problem is that someone bought a condo under a LLC?

Is it that LLC ownership of a condo is prohibited?

Please explain what the problem is.

Thank you.

-googleexpert

Clarification of Question by deadbeckett-ga on 08 Oct 2004 20:45 PDT
No, not at all. I think LLC of a condo is just fine. I just used the
term "problem" as a search mechanism problem--for me anyway, that's
all. I know they moved in Sept 1, 2004 so I think the sell probably
happened in August but it could have been September too if the closing
was slow. It's a stupid treasure hunt thing that started to be very
hard so I came to you folks. Sincerely, deadbeckett

Clarification of Question by deadbeckett-ga on 08 Oct 2004 20:48 PDT
I also think it might be 3 blocks from a bar called Jak's Tap but I'm
not sure about that. I know it's in Chicago's West Loop.

Request for Question Clarification by pafalafa-ga on 10 Oct 2004 19:03 PDT
I found a few transactions that show up as possibilities.  For instance, there's:


1101 W Lake St, Near West Side, 60607  
$750,000  08/05/2004, to 1101 W Lake 5th Floor Llc, from 1101 West Lake Llc  
 



622 W Randolph St, Near West Side, 60661  
$250,000  08/05/2004, to Esag Group Llc, from Lasalle Bank Na Trustee  


==========

There are a few others as well.  Thing is, though, tracking down the
actual details of square footage, owners names, etc. is a week's worth
of solid work, and way beyond what I (or anyone else, I would think)
could supply you at the price you've offered for this question.

I could, however, post the other possible addresses, along with some
steps you could take to find out some additional information on your
own.

Would that meet your needs...?

Let me know.


pafalafa-ga

Clarification of Question by deadbeckett-ga on 10 Oct 2004 19:48 PDT
Yes if you post all the possibilities you can find with their LLC name
that would be fine then. deadbeckett. See I don't want to pay $100 to
the Registry of Deeds to go thru their data base but I have found a
website that gives me all the LLCs in Chicago: Corporation/LLC Search
result but if I can't get the West Loop Link well that's a search
isn't it ????? So the answer to your question is yes. And any help
would be more than appreciated. Thank you.
Answer  
Subject: Re: Property and Name Search
Answered By: pafalafa-ga on 11 Oct 2004 07:01 PDT
 
deadbeckett-ga,

Thanks for getting back to me on this.

The trickiest part of your question, I think, is finding the right
websites on which to do research, since the relevant records can be
collected at the city, county or state levels, or even be available
through private sources.


A good starting part is the property sales page maintained by the Chicago Trib:


http://www.chicagotribune.com/classified/realestate/transactions/
Closing prices of Chicago-area homes 



This database allows you to see recent property sales by neighborhod,
and you can then scan the list for sales to LLC's.


For instance, entering "Loop" in the "select a community" box, and
clicking on "search" will return 220 listings.

One of the options on the results page is to "Re-sort results by:
Price | Date Sold".  Clicking on the "DateSold" option will resort the
list with the most recent sales first.

Finally, using Ctrl-F to search each page for [ LLC ] turns up several
potential listings:


==========


560 W Lake St, Near West Side, 60661  
$1,125,000  08/20/2004, to Lss Pc Building Llc, from Americaunited
Bank & Trust Co


=====


1606 S Halsted St, Near West Side, 60608  
$1,215,000  08/06/2004, to 16th & Halsted Llc, from Mb Financial Bank Na Trustee  
 
=====

1101 W Lake St, Near West Side, 60607  
$750,000  08/05/2004, to 1101 W Lake 5th Floor Llc, from 1101 West Lake Llc  
 

=====

622 W Randolph St, Near West Side, 60661  
$250,000  08/05/2004, to Esag Group Llc, from Lasalle Bank Na Trustee  


===============

So, to recap, there were recent sales in the West Loop to:

LSS PC Building LLC

16th & Halsted LLC

W Lake 5th Floor LLC

Esag Group LLC




I hope that list will help to get you to the ultimate information you're seeking.  


A few places you might want to check out for some additional information are:



http://www.cyberdriveillinois.com/CorpSearchWeb/corpsrch.html
CyberDrive Illinois 
Corporation/LLC Search


At this site run by the Secretary of State's Office, you can search
for information on LLC's in Illinois.  For instance, a search on:  [
Esag ] turns up information on the Esag Group LLC, including their
official file number, the date they filed with the state, the agent
serving as their representative, and a few other bits and pieces of
information.



Another site worth knowing about is also a Chicago Tribune site search
site for properties for sale:


http://homes.chicagotribune.com/chicagotribune/chitrib/index_quicksrch.jhtml



Here, you can enter features like neighborhood, number of bedrooms,
fireplace, etc.  and at least return a list of properties that have
the types of units you're looking for (and the photos will help you
distinguish brand new never-before-been-owned buildings from older
units).



I hope these websites will be enough to get the ball rolling, and I
wish you luck in the hunt!

pafalafa-ga




search strategy:  Used bookmarked sites for property listings.
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