Business Sales

We’ve recently received questions about agents assisting clients in selling or purchasing businesses. Please note that Kale Realty is a real estate brokerage and does not hold the E&O insurance required for agents to transact business sales.

If you wish to represent someone in the purchase or sale of a business, you must:

1. Register as a Business Broker with the Illinois Secretary of State (approx. $200).

2. Obtain a $10,000 Surety Bond, which typically costs around $500.

   
   

Because these transactions fall outside our scope of services, they are not conducted through Kale Realty. We only oversee real estate transactions—often described as “bricks, sticks, and land.” Any business-related activity must be handled independently of our brokerage.

If you have any questions or need additional information, feel free to reach out. We appreciate your cooperation and understanding.