| Chicago Fanatics Message Board https://mail.chicagofanatics.com/ |
|
| NO SALE for North https://mail.chicagofanatics.com/viewtopic.php?f=156&t=72001 |
Page 1 of 1 |
| Author: | bigfan [ Sat Jul 28, 2012 10:43 am ] |
| Post subject: | NO SALE for North |
After 629 Days on the market the most amazing piece of land ever created by the good lord, did not sell. The listing is expired. Orig price of $1,960,000 dropped to $1,239,000 with a bank short sale attached to it, still...no sale I assume it has now just gone back to the bank, but I can only guess that is close to a $1M hit to Mr North between the downstroke, payments, and plans. http://www.trulia.com/property/3017645681-320A-N-Dee-Rd-Park-Ridge-IL-60068 |
|
| Author: | RFDC [ Sat Jul 28, 2012 10:46 am ] |
| Post subject: | Re: NO SALE for North |
Why didn't you buy it Biggie? |
|
| Author: | SomeGuy [ Sat Jul 28, 2012 11:44 am ] |
| Post subject: | Re: NO SALE for North |
bigfan wrote: After 629 Days on the market the most amazing piece of land ever created by the good lord, did not sell. The listing is expired. Orig price of $1,960,000 dropped to $1,239,000 with a bank short sale attached to it, still...no sale I assume it has now just gone back to the bank, but I can only guess that is close to a $1M hit to Mr North between the downstroke, payments, and plans. http://www.trulia.com/property/3017645681-320A-N-Dee-Rd-Park-Ridge-IL-60068 I thought that the original design blueprints would have put this deal over the top? I guess not. |
|
| Author: | Don Tiny [ Sat Jul 28, 2012 1:57 pm ] |
| Post subject: | Re: NO SALE for North |
Keeping Score wrote: There would be no Score if not for Pappy. Thus there would be no score670. There would also be no Keeping Score because the would be no Score to keep. Dare to dream ..... 
|
|
| Author: | donspiracy [ Sat Jul 28, 2012 11:34 pm ] |
| Post subject: | Re: NO SALE for North |
Maybe they should have bought a few billboards, right there at 294 and Touhy. "Packin' 'em in Bee!" |
|
| Author: | Beardown [ Mon Jul 30, 2012 10:28 am ] |
| Post subject: | Re: NO SALE for North |
bigfan wrote: After 629 Days on the market the most amazing piece of land ever created by the good lord, did not sell. The listing is expired. Orig price of $1,960,000 dropped to $1,239,000 with a bank short sale attached to it, still...no sale I assume it has now just gone back to the bank, but I can only guess that is close to a $1M hit to Mr North between the downstroke, payments, and plans. http://www.trulia.com/property/3017645681-320A-N-Dee-Rd-Park-Ridge-IL-60068 It's easlily a million dollar hit for North. You didn't even take into consideration the property taxes he had to pay for the years of his ownership. How long was he sitting on these lots? Was it over 10 years? |
|
| Author: | Beardown [ Mon Jul 30, 2012 12:34 pm ] |
| Post subject: | Re: NO SALE for North |
To each their own, but why build a mansion when you're in your mid to late 50s as was Pappy's intent? No kids. No grandchildren. What the hell is the point? You're gonna live in a 5 bedroom, 4 bathroom house for just 2 people? Doesn't make sense to me. If I were him, at the time, I would just be content with a modest house and spend money traveling and having a high class life style. Then again, this was more of a vanity purchase for Pappy at the time. Something to show off. When he had intentions on building his mansion, Pappy figured he'd be making a million a year for the next 15 years. I mean he really believed that. Ooops. |
|
| Page 1 of 1 | All times are UTC - 6 hours [ DST ] |
| Powered by phpBB® Forum Software © phpBB Group https://www.phpbb.com/ |
|