Spesia & Taylor

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You are here: Home / Archives for Real Estate & Zoning

Special Value has No Value in Condemnation Cases

February 24, 2016

By Christian G. Spesia Inherent in condemnation cases is the need to prove the fair market value of the property being taken. This is usually accomplished in the reports of licensed real estate appraisers through the use of “comparable sales,” or rather the sale of properties that are similar enough the property being condemned to show a reliable measure of value. It makes senses. If you want to know what an apple is worth, compare it to the ... Read More

Filed Under: Real Estate & Zoning

Spesia & Taylor Guides Municipal Client in Purchase of Commercial Property for Redevelopment

February 22, 2016

The attorneys at Spesia & Taylor assisted a Municipal client in the acquisition of multiple commercial properties for a commercial redevelopment project near a METRA train station. Using their expertise in Municipal Law and in Commercial Real Estate, Partner Chris Spesia and Senior Associate Gabe Orenic handled all aspects of the acquisitions, including the ordinances authorizing the purchases, the negotiation of favorable contract terms and ... Read More

Filed Under: Municipal Law, News & Cases, Real Estate & Zoning

Special Service Areas and Special Assessment Areas – A Growing Trend In Financing Of Public Improvements For New Construction

February 24, 2015

In the late 1990's, two changes in the law combined to create an easier, cheaper source of capital that Developers can utilize to fund various public purpose infrastructure improvements in residential and other developments. This procedure essentially allows Developers to use tax-exempt public financing to defray traditional development costs by assessing the ultimate property owner for certain infrastructure improvements. This article will ... Read More

Filed Under: Real Estate & Zoning

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Featured News:

Providing Bicycles To Improve Opportunities For High School Students In Rural Malawi

In rural Malawi it is common for students to walk as far as 10 kilometers, each way every day, to attend the nearest high school. According to ... Read More

Warm Heart Ministries Assists With The Opening Of The Harris High School In Likwakwanda, Malawi

When Fr. Philip Mbeta was enrolled at Illinois Benedictine University, studying for his PhD, he served as an associate pastor at St. Mary Immaculate ... Read More

Spesia & Taylor Successfully Defends the City of Crest Hill in High-Profile Civil Rights Case

By: Michael R. Stiff Spesia & Taylor attorneys Jeff Taylor, and Mike Stiff on July 28, 2021, won a Motion to Reconsider the 2019 denial of a ... Read More

Amendments to the Illinois residential real property transfer on death instrument act provides more estate plan tools to individuals in order to avoid probate

The Illinois Residential Real Property Transfer Act (755 ILCS 27/1, et seq.) (the “Act”) provides for an owner, or co-owners, to transfer Illinois ... Read More

Spesia & Taylor Partners John Spesia and Jeff Taylor recognized as “Top Personal Injury Lawyers” in 2021

This September, Spesia & Taylor Partners John Spesia and Jeff Taylor were each recognized as “Top Personal Injury Lawyers” by LeadingLawyers.com. ... Read More

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