(5 ILCS 420/1-105.7) Sec. 1-105.7. "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.
(Source: P.A. 102-664, eff. 1-1-22.) |