Commercial real estate attorney for purchases and sales that close on time
Start Confident, Finish Confident
From LOI to funding, a commercial real estate attorney keeps your deal organized and on schedule. We structure contracts, track milestones, and coordinate with lenders, title teams, and brokers so each deliverable lands when it should. The Law Offices of Jeffrey Sell handles projects across Will, DuPage, Kane, and Cook Counties with practical, business-minded guidance.
Before You Sign, Or Right After
We help draft or redline LOIs and purchase and sale agreements with clear contingencies and realistic timelines. Representations, warranties, indemnities, and as-is language are tuned to your risk profile and property type. Once signed, we launch diligence and keep everyone aligned.
Protecting Your Position During Diligence
Title commitments, ALTA surveys, and endorsements are reviewed for encroachments, easements, and access issues. We confirm zoning and use, check permits and certificates of occupancy, and coordinate environmental reports as needed. For income assets, we gather leases, estoppels, and any required SNDA so the rent roll you buy matches reality.
What Closing Day Looks Like
Commercial closings require tight coordination. We resolve title objections, finalize prorations and escrows, collect signatures, and circulate closing binders for your records. Funding releases once all lender items are satisfied, then we track recording confirmations.
Local Experience That Saves Time
We know the patterns for retail near Route 59, medical and office near Fox Valley, and industrial near I-55 and I-80. Each submarket in Will, DuPage, Kane, and Cook Counties has small quirks that can affect timing, underwriting, and municipal approvals. Our familiarity helps you plan budgets, set realistic milestones, and avoid surprises.
Answers For Commercial Buyers And Sellers
What due diligence is standard in Illinois commercial deals
Expect title with proper endorsements, an ALTA or NSPS survey, and environmental screening such as Phase I. Zoning and use confirmations and lease reviews are also key for income properties. Findings drive cures, price changes, or walk-away rights.
How long do commercial closings take
Many deals close within 30 to 90 days depending on diligence and lender timing. Multi-tenant or special-use buildings can need more time for documents and third-party reports. We set milestones early and keep parties accountable.
What is a tenant estoppel and why does it matter
It is a tenant's signed summary of the lease confirming key terms and the absence of disputes. Buyers and lenders rely on estoppels to validate income. We coordinate delivery and resolve gaps before funding.
Do I need an SNDA from tenants
Often yes if there is financing. A Subordination, Non-Disturbance, and Attornment agreement aligns tenant rights with the lender so occupancy and income continue if ownership shifts. We work toward lender-approved forms that are not overbroad.
Can you coordinate with my 1031 intermediary or out-of-state lender
Yes, we routinely work with national lenders, title teams, and qualified intermediaries. Our role is to keep Illinois specifics synchronized so money moves when expected. You get one point of contact to manage the moving parts.
Meet the Team
Our attorneys
New York City, NY
Office
Phone:
45 Rockefeller Plaza, Floor 20
New York, NY 10111
Valencia, Spain
Office
Phone:
Gran Via de Ferran el Católic
Valencia, Spain 46008