Illinois Compiled Statutes 5 ILCS 420/1-105.7 – “Investment real estate” means any real property, other than a …
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Terms Used In Illinois Compiled Statutes 5 ILCS 420/1-105.7
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
“Investment real estate” means any real property, other than a filer’s personal residences, purchased to produce a profit, whether from income or resale. Investment real estate may be described by the city and state where the real estate is located.