Originally compiled and published by the Chicago Association of Realtors (C.A.R.), it is a current tracking of several pieces of legislation that could impact the real estate community:
Elevator Inspections: An ordinance has been introduced amending the Municipal Code as it relates to elevators, escalators and similar mechanical lifts and their yearly inspections.
Real Estate Transfer Tax Web site: An ordinance has been introduced authorizing the execution of an intergovernmental agreement by the City of Chicago with Cook County and the State of Illinois regarding a real estate transfer tax Web application.
Weeds: An ordinance has been introduced amending the Municipal Code to increase the penalty for failure to control weeds on a property from between $100 and $300 to between $250 and $500.
Zoning Amendment—Planned Developments: An ordinance has been introduced amending the Zoning Ordinance to permit certain buildings to elect the planned development process even if the site area is smaller than 12,500 square feet.
Zoning Amendment—Accessory Uses: An ordinance has been introduced amending the Zoning Ordinance by setting forth additional restrictions on accessory uses, buildings and structures located within the rear yard and further regulating parking in the rear yard.
