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310 Eagle Bluff Drive, Oakwood, IL 61858

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For Sale
Sale Pending

$55,000

5 beds • 3 baths • 2,150 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $25.58
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

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. 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.
MLS# 12417477

Courtesy Of Keller Williams The Real Estate Center of Illinois, LLC

(217) 356-6100

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Water Front
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Lot Size
    0.46 Acres

Map and Directions

Directions to 310 Eagle Bluff Drive, Oakwood, IL 61858

Home seller CENTURY 21 KIMA Properties

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CENTURY 21 KIMA Properties

(217) 348-6621
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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