Real Estate & Land Banking
Although our firm is primarily known for its involvement with governmental entities, litigation and land use issues, the firm has cultivated a practice in real estate and land banking, both residential and commercial.
A number of attorneys, both in our Chicago and Vernon Hills offices, spend a significant amount of their time in the practice of real estate. The firm has handled the purchase of golf courses, commercial leases, residential and commercial closings. The firm is also counsel to a regional land banking authority.
Approximately twenty-five percent of our real estate work is done in the conveyance of real estate to and from not-for-profit organizations or governmental entities with the remaining seventy-five percent being residential and commercial closings. A real estate closing can be a stressful process for a buyer or a seller. Ancel Glink has developed an expertise and organizational process that minimizes the time, effort and costs of real estate transactions and ensures the client remains fully informed from contract execution to post-closing review. Ancel Glink is also an agent of a national title insurance company, which enables us to simplify the closing process.
The following are a few examples of our land use services and recent projects:
- Created a regional land banking authority to acquire, manage, and repurpose vacant and abandoned properties.
- Represent numerous park districts in the acquisition, protection, and development of open space and parklands.
- Negotiate development agreement and contract to purchase land, including financing, for $20 million commercial redevelopment of an industrial area.
For nearly 100 years, Ancel Glink has built and modernized the practice of local governmental law in Illinois. Allow Our Experience To Help You.
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