Tuesday, June 7, 2016

Normal Sells Two Blighted Houses at a $250k Loss

The Normal Town council approved the sale of the houses on School Street to two local buyers who plan to renovate the properties back into single family homes. The house at 614 sold for $45,000. The house at 513 sold for $70,000. The town did lose about $250,000 on the sales, but city leaders say it was for the best to help further stabilize that neighborhood and address long standing issues that were involving their inspections and police departments. 

No comments:

Post a Comment