Two banked owned 1031 eligible single family lots located at 1720-1722 George Street in Chicago, Illinois. The lots are east of the Kennedy Expressway and west of North Lake Shore Drive in Lakeview, north of Bucktown and DePaul.
1031 exchange properties
Bowling Center, Bar, and Restaurant – 1031 Eligible
This fine business and 1031 eligible property comes with twenty five acres as well as rental property. Total income is up $40,000 in 2011! Beautiful area for hiking, camping, skiing, hunting, or just enjoying the great outdoors.
Bowling Alley, Bar, Restaurant and Arcade – 1031 Eligible
Price Reduced: This 1031 eligible large center built in late 1990’s, building in good shape, large acreage very little competition. Safe place to live, located around many area businesses and comes with Real-estate. Updated pro shop, cosmic bowling, nice bar seats 120, with full service restaurant and Arcade games. Business comes from well-established league play, including senior and youth leagues.
1031 Exchange Properties for Sale
Looking for 1031 exchange properties for sale? Do you have a property you would like to sell? Smart property owners should routinely evaluate whether to sell and replace their properties to benefit from greater cash flow, appreciation, depreciation and diversification. Internal Revenue Code Section 1031 allows the property owner to defer the capital gain and recaptured depreciation taxes given replacement property of equal or greater value is acquired within 180 calendar days. The 1031 exchange provides a tax deferral that is an indefinite, interest free loan available to any property owner. The property must be held for productive use in a trade, business or for investment.