$55,000
FOR SALE310 Eagle Bluff Drive
Oakwood, Il, 61858
MLS #12417477
Subdivision: -
Building: -
5 Beds
3/- Baths
2150 sqft
$ 25.58 /sqft
310 Eagle Bluff in Leisure Time Estates-a gated lakefront community-is a rare redevelopment opportunity being sold strictly "AS-IS" with all contents. This 5-bedroom, 3-bathroom home, complete with a detached two-car garage, occupies a coveted waterfront parcel yet is in extreme disrepair. Portions of the ceilings have collapsed, black mold covers most surfaces, and animal waste is found throughout the interior. Every finish, system, and fixture will most likely need to be removed down to the studs before a full remodel can begin. Because of its hazardous condition, there will be no interior showings. Instead, interested cash buyers with the help of their Realtor must submit a signed Memorandum of Purchase by noon on Friday, July 18. Once the seller selects a buyer, a formal purchase contract will be executed. During the due diligence period that follows, the contracted buyer may arrange to enter the property to conduct inspections and plan remediation. This unique project is best suited to experienced investors or developers prepared to tackle significant structural and environmental work on a prestigious gated lakefront lot.
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Listing Courtesy of: KELLER WILLIAMS-TREC
