310 Eagle Bluff DR Active

Oakwood,IL 61858

$ 55000

5 Beds

3 Baths

2150 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 2,150 sqft

Price per Sqft $25

MLS Listing ID 12417477

Bedrooms 5

Full Baths 3

HOA Fees $52/ann

Year Built 1987

Annual Tax Amount $4,066

Tax Year 2024

Lot Size 0.460 Acres

Lot Dimensions 183 X 133 X 42 X 26 X 28 X 148 X 175

Property Sub-Type Detached Single

Property Description

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.

Location

State IL

County Vermilion

Area Oakwood

Rooms

Basement Unfinished,Walk-Out Access

Interior

Heating Electric,Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplace Y

Exterior

Garage Spaces 2.0

Building

Dwelling Type Detached Single

Building Description Vinyl Siding, No

Sewer Septic Tank

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Oakwood Grade School

Middle Schools Oakwood Junior High

High Schools Oakwood High School

School District 76 ,76, 76

Others

HOA Fee Include Lake Rights

Ownership Fee Simple

Special Listing Condition None

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