Selling Condo

Selling a condo in Chicago and the suburbs

Condo sales involve the association as much as the unit. I help condo owners price against sales in their own building, gather the association documents buyers will need, and market the building's strengths to the right buyers.

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  • Daniel EllingtonLicensed Illinois Real Estate Broker
  • Infiniti PropertiesBrokerage since 1991, Homewood office
  • IL License #475211812Chicagoland and throughout Illinois

Who this is for

Downtown and city condo owners

High-rise and mid-rise units across Chicago neighborhoods.

Suburban condo and townhome owners

Owners in associations throughout the suburbs.

Investors selling rented units

Owners selling condos with tenants in place.

How it works

  1. Price by building Recent sales in your building and nearby competitors.
  2. Order association documents 22.1 disclosure, paid assessment letter, and move-out rules.
  3. Market and show Highlight the building, amenities, and location.
  4. Close Association approvals, move-out scheduling, and closing.

What I do for you

  • Pricing based on your building's sales history
  • Early ordering of the 22.1 documents to avoid delays
  • Marketing that sells the building as well as the unit
  • Guidance on how FHA approval status affects your buyer pool
  • Coordination of move-out reservations and elevator scheduling

Associations can affect your sale

Illinois condo sellers must provide disclosure documents under Section 22.1 of the Condominium Property Act, usually obtained from the association or management company for a fee. Ordering them early prevents closing delays.

Your building's finances matter to buyers and lenders. Strong reserves help, while pending special assessments, litigation, or a lack of FHA approval can narrow the pool of buyers.

Common questions

What documents do I need to sell my condo?

The 22.1 disclosure package from your association, including the declaration, rules, budget, reserves, and information about special assessments and litigation, plus a paid assessment letter for closing.

Who pays for the 22.1 documents?

Typically the seller, and management companies usually charge a fee. Order them as soon as you're under contract, or before.

Does FHA approval matter when selling?

It can. FHA-approved buildings are open to more buyers, including first-time buyers with smaller down payments.

What if there's a special assessment coming?

It must be disclosed, and who pays is often negotiated. Being upfront avoids problems during attorney review.

Can I sell my condo with a tenant in it?

Yes. The lease transfers to the buyer, which can appeal to investors if the building allows rentals.

This page is general information, not legal, tax, or lending advice. Consult a real estate attorney, CPA, or lender about your situation.

Other seller guides

Inherited homes

Learn more

Selling as-is

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Selling with tenants

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Downsizing

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Short sales and pre-foreclosure

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All seller services

Overview

Ready to sell your condo?

Call or text Daniel directly, or send a message. Most inquiries get a same-day response.

708-625-8788
Infiniti Properties, 2401 183rd St, Homewood, IL 60430
Brokerage 708-206-3000  |  IL License #475211812

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What Our Clients Say About Us

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Daniel Ellington: Chicago’s Best Real Estate Broker
4.8 (19)
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Adam Bevan
Adam Bevan
11 months ago

Dan was an excellent representative for us and I wouldn't hesitate to work with him again

Lorenzo Douglas
Lorenzo Douglas
8 months ago

Daniel has been amazing for me as an out of state investors. Very response, pretty decent comps. He's gone above and beyond for me.

Jared Rowntree
Jared Rowntree
7 months ago

Daniel was absolutely phenomenal during our house hunt and closing. Any time an issue came up, Daniel took it in stride and helped everybody involved to have a smooth process. He is wildly friendly and knowledgeable, and was invaluable to us as First Time Homebuyers; he kept us informed and up to date the second anything changed. I wouldn’t hesitate to hire Daniel again for my next house, and the next ones after that.

Michael Van Kley
Michael Van Kley
4 months ago

Daniel was great. I would use him again.

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