As of Aug 28, 2026, the court appointed a receiver over the building — Case 2025 CH 10558.
The record · security deposits

The security-deposit record.

Tenants and businesses — at this building and at other Federow-managed properties — who state their deposit was never returned. The strongest items are Federow's own sworn admissions, filed under penalty of perjury in his 2012 bankruptcy. Sworn and filed items below are stated as fact; current-building figures are tenant-reported.

A · His own sworn admissions — 2012 Schedule F

Signed under penalty of perjury.

From Schedule F of In re Michael P. Federow, No. 12-01062 (Bankr. N.D. Ill.) — his own words, verbatim.

ClaimantPropertyAmountHis own words (verbatim from Schedule F)
1(800) Water Proofing2701 W. Fulton$5,000 “Possible personal liability for rent security deposit owed by Debtor's management company to claimant”
Signature Affairs1513 N. Latrobe$4,292 “Possible claim against Debtor individually for security monies deposited by tenant and collected by Debtor as property manager”
Supreme Novelty Fabricx, Inc.Property Debtor manages$4,288 “Potential personal liability of Debtor as property manager for monies received as Security Deposit… not returned to tenant”
Reginald Payton / Payton Studios2701-09 W. FultonUnknown Tied on the same schedule to a City eviction of Payton from a building “for which Debtor was a property manager”

Admitted, quantified deposit exposure: $13,580 (plus Payton). Under oath, Federow accepted personal, individual liability for tenant deposits he collected as property manager — the opposite of the position that only the LLC, not him, holds deposit obligations.

In re Michael P. Federow, No. 12-01062, Schedule F · PACER · see the bankruptcies page

B · The deposit cases in court

Filed, on the public docket.

2023 1123691 Arellano v. Byron & Scottch LLC & Michael Federow (individually)$3,000 deposit on a commercial unit at 2701-09 W. Fulton; refund promised, then not returned. The suit stalled when Federow could not be served (“moved/unknown”) at his own building. Pro se. Dormant · no judgment
2025 400 4307 Alvarez & Wendholt v. Byron Scottch LLC & The 270 CorpTenant-deposit / RLTO case. Plaintiffs' counsel: Ali Elsaffar; defense: Timothy Culbertson. Pending
2022 1123312 Cruz v. Federow & Byron Scottch LLCDeposit case brought by a tenant. Judgment · $5,862 (3/2024)

Full detail in the case tracker.

C · This building, today — tenant-reported

Deposits at 2701–09 W. Fulton.

Reported by current and former tenants of this building; figures are as reported, not yet adjudicated.

Unit / tenantDepositNote
3N — CDM Media / Christian Black$5,077.50 “key deposit”Federow's own text message calls it a returnable deposit
Penthouse — Alexandra Gilbert$8,000Check written to EEW LLC — a 2025 entity whose registered agent is Federow's attorney Robert Acri
6S — Charlie ThackwayKey depositPart of ~$17,000 in reported losses
1N — Jim Vanoni2 months' depositHeld
2709 — former tenant$4,200 key depositMoved out Apr 2025; deposit reported owed

Building-wide, key deposits here generally run $5,000–$7,000+ per unit across roughly ten units — $50,000–$70,000+ held (tenant-reported).

Owed a deposit at this building — or another Federow property?

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