As of today, there are 193 Lemont homes for sale. There are 3 homes under $100,000, although one looks like it needs to be knocked down. I have some FHA buyers interested in low prices like these but what they don't understand is that FHA financing will not work with a home that needs a lot of fixing up. There are FHA 203K loans but they are more costly to a buyer and they are lengthier. Although some banks will deal with them, many won't. A lot of these homes need to be sold "cash only" because even a conventional loan won't touch them. These homes are usually for experienced investors/flippers or contractors/builders.
On the other end of the price spectrum is a Frank Lloyd Wright styled home priced at $1,650,000. It is a 6,500 sq. ft. home that sits on over 7 acres of land backing up to Glen Eagles golf course. The custom furniture comes with it as it blends well with the architecture of the home. This is a highly custom house and will not appeal to everyone. It appears that the home was up for sale for most of 2010 to the first part of 2011 and has just been put back on the market. It's top price was $1,999,900 so it has taken a price reduction, like most houses have.
If you're interested in Lemont homes or any surrounding suburbs, give Judy Orr a call at 708-536-8200.
Showing posts with label Lemont. Show all posts
Showing posts with label Lemont. Show all posts
Wednesday, May 30, 2012
Tuesday, August 30, 2011
Lemont Homes For Sale Today - 8/30/2011
Lemont was the priciest southwest suburb of Chicago based on 2010 Lemont real estate data. As of today's date, there are currently 203 Lemont homes for sale. Even though Lemont has overtaken Palos Park in home values, you can still find homes in Lemont priced as low as $99,900! It is a fixer upper but could work out for the right buyer(s).
What I find interesting is that even though Lemont was the priciest suburb in 2010, there are only 2 high priced homes but each is just under $1,000,000. Orland Park has 20 properties priced over $1,000,000 and Palos Park has 19. It will be interesting to see if Lemont stays atop its "priciest perch" for 2011, especially with the lack of available million dollar properties.
What I find interesting is that even though Lemont was the priciest suburb in 2010, there are only 2 high priced homes but each is just under $1,000,000. Orland Park has 20 properties priced over $1,000,000 and Palos Park has 19. It will be interesting to see if Lemont stays atop its "priciest perch" for 2011, especially with the lack of available million dollar properties.
Sunday, December 19, 2010
Lemont Homes For Sale
Lemont is one of my favorite villages in the southwest Chicago suburbs. We looked for a home in Lemont but found a fantastic foreclosure in Homer Glen. We are happy with our Homer Glen home but I still love the Lemont area.If you love the history and location of this charming village, you might want to see Lemont homes available for sale. As of today's date, there are currently 188 homes for sale in Lemont.
Prices start at $125,000 for a 3 bedroom, 1 bath home with a 2 car garage that is an estate sale. The priciest Lemont home for sale is $1,599,000 for a 4 bedroom, 4 1/2 baths, 3 car garage brick two-story that has approximately 3,785 square feet.
Like most surrounding villages, there is a price for everyone in Lemont, IL. You can view homes for sale using the above link or you can expand your search to other towns by using the Lemont MLS search. Either way, you can view all homes for sale with photos, descriptions and much more!

