News & Analysis as of

Tenants City of Chicago

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

DLA Piper

Chicago establishes Tenant Opportunity to Purchase program on northwest side

DLA Piper on

The Chicago City Council recently established a Tenant Opportunity to Purchase program for rental buildings on the city’s northwest side. Billed by the city as an anti-gentrification measure, the program gives tenants a right...more

Clark Hill PLC

Chicago’s So-Called “Anti-Gentrification” Ordinance Has Potential Impacts on Apartment Owners and Lenders on Chicago’s Northwest...

Clark Hill PLC on

Chicago enacted the “Northwest Side Housing Preservation Ordinance,” an ordinance that many are referring to as the “anti-gentrification” ordinance. Despite the grandiose moniker, the ordinance breaks down to two specific...more

Clark Hill PLC

Chicago Updates Mandatory Tenant Rights Summary

Clark Hill PLC on

Landlords owning Chicago properties in most circumstances are now required to provide tenants with the new summary of the Residential Landlord Tenant Ordinance (“RLTO”) posted by the city in March. The summary can be reached...more

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