1408-14 Saint Charles Rd
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1408-14 Saint Charles Rd
0.4 Acres of Commercial Land Offered at $65,000 in Maywood, IL 60153
Executive Summary
This property is being offered for sale by the Cook County Land Bank Authority https://www.cookcountylandbank.org/.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
Must register at http://www.cookcountylandbank.org prior to showing.
This is not a traditional sale.
Differences:
You must apply on the CCLBA Website prior to touring property.
You will be vetted for outstanding Cook County Real Estate Taxes, Judgements, and Liens.
Once approved to tour, it is highly recommended to bring a contractor with you because these properties have typically been vacant for several years and need substantial rehabilitation.
You will need a contractor’s estimate to bring property to occupancy permit.
You will need a letter or email of support from the Village or City.
You will need to show the CCBA funds to acquire and rehab the property.
The Real Estate taxes on these properties are typically very high on a per foot basis. You will need a strategy to address this. Contact your Commercial Real Estate Tax Attorney to discuss.
Buying properties from the CCLBA is similar to buying properties at below foreclosure pricing.
Buyers pay their own brokers directly.
Similarities:
I am here to help you navigate through the process.
Must register at http://www.cookcountylandbank.org prior to showing.
Property Facts
1 Lot Available
Lot
| Price | $65,000 | Lot Size | 0.40 AC |
| Price Per AC | $163,278 |
| Price | $65,000 |
| Price Per AC | $163,278 |
| Lot Size | 0.40 AC |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,635 | |
| Land Assessment | $68,967 | Total Assessment | $70,602 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$68,967
Improvements Assessment
$1,635
Total Assessment
$70,602
zoning
| Zoning Code | BIP |
| BIP |
-
Steven Kohn -
Avison Young
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1408-14 Saint Charles Rd
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