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This beautiful residential property, located at 138 Lorraine DR in Lake Zurich, IL, is situated in the desirable Zurich Estates subdivision. The property boasts a spacious lot size of 9174 square feet and a cozy living area of 2632 square feet spread over two stories. Built in 1979, this home also features a garage with 792 square feet, a central cooling system, and 1 fireplace. With 2 full bathrooms and 1 partial bathroom, this property offers comfort and convenience. This charming home was last sold for $355,000.
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In most states, the history of a loss of life in a home, no matter how it occurred, even violently, is not considered a "Material Fact" and it's not required to be disclosed. This history depending on the event, can decrease the home's value by 25% and increase its time to sell by up to 50% longer than comparable homes. Properties with such a history are referred to as Stigmatized Properties.Would you want to know stigmatized history of the property before you sign the contract?
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