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Alternate Version - Purchase & Sale Agreement - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 2.pdf

Generated 2026-07-01T05:25:50.520233+00:00 from live Dropbox Public folders.

Description

Docusign Envelope ID: 285F8FC2-FE0F-449C-AC8C-0A7DFA92F541 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 S COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC, (“Agreement”) is made and entered into the date of e

Extracted Content

Docusign Envelope ID: 285F8FC2-FE0F-449C-AC8C-0A7DFA92F541 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 S COLFAX AVENUE LLC, TO NEW HEIGHTS DEVELOPMENT LLC, (“Agreement”) is made and entered into the date of execution of this Agreement (the “Effective Date”), by and among JERRY CHU AND MAX BALL for, LOFTY HOLDING 7542 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 predeces