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This residential property is located at 306 Bell Street in the charming town of Alhambra, IL. The property includes an outlot with a size of 140x150 and is part of the HENRY HARNSBERGER'S HEIRS ADD subdivision. The house was built in 1922 and is a one-story building with 4 bedrooms, 1 bathroom, and 8 total rooms. The total living space is 1103 square feet, with a spacious ground floor of the same size. The lot itself is 21000 square feet, with a depth of 150 feet and a width of 140 feet. Other notable features include a 360 square foot garage, central cooling and heating, and a last recorded sale price of $85,000.
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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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