Saturday, July 5, 2014

External obsolescence that effects a condominium building

This condominium building in River Forest has external obsolescence due to a poor location on an arterial street with close proximity to commercial property. This negatively effects the appeal and marketability of  this condominium building. With it's location on a arterial street it has noise from excess traffic not found on a residential street. This building backs to a 7-11 that is open 24 hours a day, so all day and night there is traffic and noise.

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