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Purchase & Sale Agreement - 7542 & 7656 S Colfax Ave, Chicago, IL 60649.docx

Generated 2026-07-01T16:39:32.685095+00:00 from live Dropbox Public folders.

Description

AGREEMENT FOR THE TRANSFER OF THE OWNERSHIP OF THE PROPERTY LOCATED AT 7656 S. COLFAX AVENUE , CHICAGO, ILLINOIS 60649, FROM LOFTY HOLDING 7542 S. COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC . THIS AGREEMENT FOR THE TRANSFER OWNERSHIP OF THE PROPERTY LOCATED AT 7656 S . COLFAX AVENUE , CHICAGO, ILLINOIS 60649, FROM LOFTY HOLDING 7542 & 7 656 S . COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC, (“Agreement”) is made and entered into th e date of execution of this Agreement (the “Effective

Extracted Content

AGREEMENT FOR THE TRANSFER OF THE OWNERSHIP OF THE PROPERTY LOCATED AT 7656 S. COLFAX AVENUE , CHICAGO, ILLINOIS 60649, FROM LOFTY HOLDING 7542 S. COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC . THIS AGREEMENT FOR THE TRANSFER OWNERSHIP OF THE PROPERTY LOCATED AT 7656 S . COLFAX AVENUE , CHICAGO, ILLINOIS 60649, FROM LOFTY HOLDING 7542 & 7 656 S . COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC, (“Agreement”) is made and entered into th e date of execution of this Agreement (the “Effective Date”), by and among JERRY CHU AND MAX BALL for , LOFTY HOLDING 7542 & 7656 S . COLFAX AVENUE LLC, a Delaware Limited Liability Corporation (“ LOFTY ”) , the predecessor company for LOFTY HOLDING 7542 & 7656 S . COLFAX AVENUE DAO LLC, A DECENTRALIZED AUTONOMOUS ORGANIZATION LIMITED LIABILITY COMPANY subject to the Wyoming Limited Liability Company Act, and the Wyoming Decentralized Autonomous Organization Supplement ( “DAO”) and JULIAN EDWARDS for NEW HEIGHTS DEVELOPMENT LLC, an Illinois Limited Liability Corporation ( “NEW HEIGHTS”) . PREAMBLE WHEREAS , LOFTY is the sole owner of the subject property located at 7656 S. Colfax, Chicago, Illinois 60649, as the predecessor company for DAO, an