Cash only, tear down, value is in the land. Buyer agency representation is being offered for acquisition of a teardown located on large, buildable lot 50X190 in NW area of Elmhurst IL. Located within walking distance to elementary school, park and within easy commute access to highways and 1.7 miles distance to the #Elmhurst Metra station. The 2023 current property taxes are $19xx. The property interior is not accessible for viewing due to bad and unsafe conditions, the house has not had utilities connected and has not been lived in for about a year. There is a 2 car garage at end of the side driveway as well as a couple of sheds in the backyard, all are in very bad and deteriorating condition and will need to be removed.
Area of $1.1-1.2M price range for new construction houses.
Regular financing will not be possible due to condition and it will require cash, hard money or a construction loan.
Lenders available, inquire if needed, also for more info or to make an offer to purchase.