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Nestled in the charming South Crest subdivision, the property at 174 North Park Blvd in Glen Ellyn, IL, offers a picturesque blend of classic charm and modern convenience. Built in 1926, this two-story residential home featured 1,245 sq ft of living space, with a generous lot size of 7,405 sq ft, boasting ample room for outdoor activities. With two full bathrooms and a partial bath, the home provided essential amenities, while the central heating and cooling ensured comfort throughout the seasons. The property's assessed market value was impressive at $371,970, reflecting its desirability in a vibrant community.
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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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