North Park University - Chicago North Park University - Chicago

Real Estate—Outright Gift

Outright Gift of Real Estate Diagram

How It Works

  1. Transfer title of property to North Park
  2. Receive income-tax deduction for fair-market value of property
  3. North Park may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to North Park

More Information

CONTACT US

Michael D. Nevergall
Vice President for Advancement
plannedgiving@northpark.edu
(773) 244-5790

 

Office of Advancement
North Park University
3225 W. Foster Avenue, Box 6
Chicago, IL 60625

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