← 7542 and 7656 S Colfax Ave, Chicago, IL 60649 · All properties

Evidence of Insurance - 2025-10-31 - Great American - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf

This page shows the file's readable contents. Open the original in Dropbox for the complete file.

Open full file in Dropbox

Property7542 and 7656 S Colfax Ave, Chicago, IL 60649
FolderInsurance
KindPDF
Updated2025-11-16
Dropbox path05 - Insurance/Evidence of Insurance - 2025-10-31 - Great American - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf

About This File

EVIDENCE OF INSURANCE ISSUE DATE: 10/31/2025 THIS EVIDENCE OF INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICY BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER, AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. AGENCY Obie Insurance Services 167 N Green St Suite 1360 Chicago, IL 60607 COMPANY Great American E&S Insurance Company c/o Overby-Seawell Company 3550 George Busbee Pkwy NW, Suite 300 Kennesaw, GA 30144 PHONE NUMBER 773-820-7132 EMAIL support@obieinsurance.comCERTIFICATE NUMBER 5702938 INSURED Lofty Holding 7542 & 7656 S Colfax Avenue DAO LLC 66 W Flagler St, #900 Miami, FL 33130 EFFECTIVE DATE 01/24/2025 POLICY NUMBER E927023 EXPIRATION DATE…

File Contents

Read file contents
EVIDENCE OF INSURANCE
ISSUE DATE: 10/31/2025

THIS EVIDENCE OF INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE
ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR
ALTER THE COVERAGE AFFORDED BY THE POLICY BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A
CONTRACT BETWEEN THE ISSUING INSURER, AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL
INTEREST.
AGENCY
Obie Insurance Services
167 N Green St
Suite 1360
Chicago, IL 60607

COMPANY
Great American E&S Insurance Company
c/o Overby-Seawell Company
3550 George Busbee Pkwy NW, Suite 300
Kennesaw, GA 30144

PHONE NUMBER
773-820-7132

EMAIL
support@obieinsurance.comCERTIFICATE NUMBER
5702938

INSURED
Lofty Holding 7542 & 7656 S Colfax Avenue DAO LLC
66 W Flagler St, #900
Miami, FL 33130

EFFECTIVE DATE
01/24/2025

POLICY NUMBER
E927023
EXPIRATION DATE
01/24/2026

PROPERTY INFORMATION
LOCATION/DESCRIPTION
7656 S Colfax Ave
Chicago, IL 60649

PROPERTY TYPE
2-4 Units

THE POLICY INSURANCE LISTED BELOW HAS BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH
RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED
BY THE POLICY DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICY. LIMITS
SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

COVERAGE INFORMATION
Coverage / Perils / Forms
Property Coverage
Loss of Rent
Liability

Amount of Insurance

Deductible

$517,860.00
$14,400.00
$1,000,000 occurrence / $2,000,000 aggregate

Residential: $2,500.00
Wind/Hail/Hurricane: Greater of Dwelling Deductible ($2,500) or
3% of TIV ($15,968)

REMARKS (Including Special Conditions)
Replacement Cost Optional Coverage Applies
Property Premium: $2,502.00
Liability Premium:

$420.00

Surplus Lines Tax:

$146.10

Total: $3,068.10

Should you have any questions, please call Obie Insurance Services administration offices at 773-820-7132.

CANCELLATION
SHOULD ANY OF THE ABOVE DESCRIBED POLICY BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL
BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.

ADDITIONAL INTEREST
NAME AND ADDRESS
New Heights Development LLC ℅ Julian Edwards
18142 Donatus Drive
Lansing, IL 60438

ObieInsuranceServicesRiskSecurePlus - 5274001

AUTHORIZED REPRESENTATIVE