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SIEGEL DEVELOPMENT, LLC v. PEAK CONST. LLC

Docket Nos. 1-11-1973, 1-12-0745 cons.

993 N.E.2d 1041 (2013)

2013 IL App (1st) 111973

373 Ill. Dec. 482

SIEGEL DEVELOPMENT, LLC, an Illinois Limited Liability Company; Ross Siegel; and Gary Siegel, Plaintiffs-Appellants, v. PEAK CONSTRUCTION LLC and Peak Properties LLC, Illinois Limited Liability Companies; Colin O. Hebson; Michael L. Zucker; Eric Bernstein; and Michael Obloy, Defendants-Appellees 842 Wood, LLC, an Illinois Limited Liability Company; Richard E. Lane; and Brad Court, Defendants.

Appellate Court of Illinois, First District, Sixth Division.

Rehearing Denied July 24, 2013.

Attorney(s) appearing for the Case

Donald L. Johnson and Julie A. Boynton, both of Donald L. Johnson, P.C., of Chicago, for appellants.

Stuart M. Nagel, of Chalmers & Nagel, P.C., of Chicago, for appellees.

OPINION

¶ 1 The instant consolidated appeals concern a two-story four-unit building purchased by plaintiffs, Siegel Development, LLC, Gary Siegel, and Ross Siegel, for the purpose of converting the building into condominium units. Plaintiffs allege that they purchased the property in reliance on a promise from several of the defendants that defendant Peak Construction LLC would perform the renovations needed for the condominium conversion project for a price...

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