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Old 04-02-2009, 08:12 PM
 
4,538 posts, read 4,817,006 times
Reputation: 1549

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I'm thinking of a summer house in Evanston. What's the downside?

1726 Lyons Street Evanston, IL 60202 $52,900

1726 Lyons Street, Evanston, IL, 60202 - MLS ID#07089048 - Single Family Home real estate - REALTOR.com®
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Old 04-02-2009, 08:17 PM
 
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I think the ad may be a misprint.
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Old 04-02-2009, 08:45 PM
 
333 posts, read 1,148,936 times
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Quote:
Originally Posted by Manigault View Post
I think the ad may be a misprint.
Just checked the MLS and spoke with the listing agent, the price is correct at 53k and it is corporate owned in need of some work.
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Old 04-02-2009, 09:06 PM
 
4,538 posts, read 4,817,006 times
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Quote:
Originally Posted by promis1 View Post
Just checked the MLS and spoke with the listing agent, the price is correct at 53k and it is corporate owned in need of some work.
The house looks pretty nice from the outside - and by the lake, how can you go wrong? The wrought iron fence alone is worth about 5k.
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Old 04-02-2009, 09:12 PM
 
333 posts, read 1,148,936 times
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Quote:
Originally Posted by KRAMERCAT View Post
The house looks pretty nice from the outside - and by the lake, how can you go wrong? The wrought iron fence alone is worth about 5k.
u cant lose on this deal.
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Old 04-02-2009, 09:21 PM
 
4,538 posts, read 4,817,006 times
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Quote:
Originally Posted by promis1 View Post
u cant lose on this deal.
I did notice that the home was built in 1895. Is that common for that area? In Scottsdale we rarely see homes over 40 years old.
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Old 04-02-2009, 09:31 PM
 
16,399 posts, read 30,317,791 times
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Quote:
Originally Posted by KRAMERCAT View Post
The house looks pretty nice from the outside - and by the lake, how can you go wrong? The wrought iron fence alone is worth about 5k.
Asbestos abatement, termite infestation, serious mold infestation ...

Do your due diligence before jumping in quickly.
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Old 04-02-2009, 09:46 PM
 
4,538 posts, read 4,817,006 times
Reputation: 1549
Quote:
Originally Posted by jlawrence01 View Post
Asbestos abatement, termite infestation, serious mold infestation ...

Do your due diligence before jumping in quickly.
Of course - you always do an inspection - best $300 you can spend.
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Old 04-03-2009, 07:28 AM
 
Location: Barrington
63,919 posts, read 46,802,265 times
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Summer house?

This is not your typical summer cottage or neighborhood.
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Old 04-03-2009, 11:22 AM
 
115 posts, read 291,835 times
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Sounds like a fun investment. Willard school, as I understand it, is pretty good. So for resale you'd do ok.
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