AS OF AUG 31, 2026, A COURT-APPOINTED RECEIVER IS IN POSSESSION OF THE BUILDING — CASE 2025 CH 10558.
The record · the money it owes

Water & utility debt.

Tenant invoices here carry fixed monthly “Water,” “Insurance,” “CAM” and “Electric” lines — identical each month, identical across units of different sizes — while the building's water and electric accounts run past due. (The property taxes are a different story: paid and current, but by the lender — below.) Sources shown on each card.

Unpaid · water & electric

The past-due City and utility accounts.

$16,708

Past-due water & sewer

The building is billed on one City account — water is not separately metered — yet every tenant pays a flat monthly water fee. A lien follows the property. Balance of record: $16,708.34.

Acct 1322836-508763 · The Fulton Building, LLC · Finance FOIA F147082
$3,768

Past-due ComEd

An electric account in the name “Michael Federow Inc” for 2709 W. Fulton carried a $3,768.17 balance, with disconnection authorized through July 24, 2026.

2709 W Fulton St Loft · disconnection notice on file
One meter

Shared accounts, shared risk

Because water and (historically) other utilities run through building-level accounts, a shut-off for non-payment reaches every unit at once. Gas was shut off building-wide after the Sept 3, 2026 carbon-monoxide event.

City of Chicago · Peoples Gas · Sept 3, 2026
Property taxes · Cook County — not an unpaid bill

Property taxes — paid, but by the lender, not the owner.

The taxes are current. Treasurer FOIA records show every recent bill was paid — late and piecemeal — by First Bank of Highland Park through a tax agent, rather than by the owner.

2022$71,778.10  
2023$73,631.84  
2024$81,970.93  
2025 · 1st installment$45,083.98  
All paid · by the lender via a tax agent · Cook County Treasurer FOIA · PIN 16-12-408-008-0000

Why it matters to tenants: many leases here pass through 12.5% of the increase in property taxes over a base year. The actual bills above are the yardstick for that math — members can see the full invoice comparison in the tenant area.