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Updated over 7 years ago on . Most recent reply

Malcolm Douglas's profile image
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Malcolm Douglas
  • Investor
  • from Chicago, Illinois
  • Member since Jun 6, 2016
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Malcolm Douglas's profile image
Malcolm Douglas's profile image
Malcolm Douglas
  • Investor
  • from Chicago, Illinois
  • Member since Jun 6, 2016
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Malcolm Douglas
  • Investor
  • Chicago, IL
33
Votes |
39
Posts
Buying & Selling Real Estate

Chicago to sell $1 lots of land

Malcolm Douglas
  • Investor
  • Chicago, IL
Posted

The below article indicates Chicago will be selling vacant lots of land for $1 each to those who qualify, such as living on the same block.  Granted, these lots are in some of the rougher areas of the city but I was curious if anyone has dealt with a similar scenario in the past and what sort of opportunity they saw and/or results achieved.

http://chicagoist.com/2017/09/13/the_city_will_sel...

 Thoughts?

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Anthony Gayden's profile image
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Anthony Gayden
  • Rental Property Investor
  • from Omaha, NE
  • Member since Feb 17, 2014
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Anthony Gayden's profile image
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Anthony Gayden
  • Rental Property Investor
  • from Omaha, NE
  • Member since Feb 17, 2014
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied

Empty lot in a war zone is probably worth less than $1.

  • Anthony Gayden
  • Podcast Guest on Show #21
    • 1 Vote
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