Preferred Property International is a small family owned business specializing in unique, unusual, perhaps hard to sell properties with a limited audience of buyers. The original founder, John D. Walsh, a war veteran, Owner of Walsh Realty in Villa Park IL, Manager at L.W. Reedy Commercial Realty in Elmhurst IL, RVP N. America of Previews Inc, VP Caldwell Banker Commercial (Previews Division), Purchaser/Owner of Previews Division from Caldwell, died in 2010. The family tradition lives on in his memory.

We are experts in buying, altering, holding/operating if applicable, and selling real estate property along with its associated businesses or business assets– predominately but not always commercial property or R-2 rather than the standard R1-residential zoned lots/buildings most of us buy as homes. May include a thriving or diminishing business, or be empty, or destroyed by flood fire or other disaster.

We also have a number of expert financial-backer companies and individuals who are experts in real estate, at times partners with PPI and at times competitors. Sometimes we self-finance (obtain traditional financing), sometimes we use partners, all as the talent need or risk/profit ratio presents itself. As example, collaborating with a firm that owns or has owned gold courses makes sense when buying a failing golf course, but not necessarily, if best-use dictates it should become a housing development.

Rarely do we purchase using only traditional-financing or cash-offers. Some additional elements are usually included, especially when a business is part of the transaction. We usually close almost exactly 180 days after a written offer is executed, if not earlier. To date, approximately 80% of executed written offers have closed, within an average of 95% of the original terms. We stick to our agreements to the greatest plausible and financially viable extent.

At times, we take on 100% or most of the risk-burden of faulty issues; county state or Federal demands or concerns; improper zoning or new zoning requests; and the like. Our 180 day due diligence requirement is a corner stone of our sound business analysis processes. IF THIS SOUNDS LIKE A GOOD FIT FOR YOUR NEEDS GIVE US A CALL. A REPRESENTATIVE WILL EMAIL OR CALL AS A PRELUDE TO MEETING FACE TO FACE, THEN DECIDE IF WE CAN MAKE AN OFFER, AND DO BUSINESS.