$32,500: 523 S Lott Boulevard, Gibson City
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MRD12529474  /    523 S Lott Boulevard, Gibson City, IL 60936 $32,500









Bedrooms: 3 County: Ford
Full Baths: 2 Town: Gibson City
Half Baths: 0 Lot Size: 50 X 160
Total Baths: 2 Apx Age: 41-50 Years
Garage: 1 Year Built: 1975
Subdivision: Grade School: Gibson City Elementary School
Jr. High: Gibson City Junior High School
PIN: 09111145201100 Senior HS: Gibson City High School
Legal:
  Room Dim. Level Floor Bath   Room Dim. Level Floor Bath Level Square Footage
Living Room: 11X30 Main Wood Laminate   Bedroom 1: 12X15 Main Vinyl None
Bedroom 2: 9X14 Main Wood Laminate  
Kitchen: 9X11 Main Wood Laminate   Bedroom 3: 14X18 Main Other  
Family Room: 12X14 Main Other  
Laundry Room: 4X6 Main Hardwood   A1 N/A Finished. SF: 0
A2: N/A A3: N/A  
Tax Yr: 2024 Real Estate Tax: $2,479 Tax Exemptions: Homeowner
Association Fees: $ / Not Applicable
Family Room: Yes Fireplace: No Dining Room: No
Foundation: New Const: 0   Front Door Faces:
Architecture: Sewer: Heat:
Outbuildings: Water: AC:
Exterior: Foundation Material:  
Fireplace: Appliances:
Remarks: Discover a unique opportunity on South Lott Boulevard in Gibson City. This Illinois State Police-owned property is being offered strictly as is, with no guarantees, representations, or warranties of any kind. The three-bedroom, two-bath ranch retains the footprint of a traditional single-level home, yet previous smoke and fire damage is visible throughout, and personal belongings remain inside. The seller will not perform any cleanup or repairs, and all removal and restoration will be the responsibility of the purchaser. Caution should be exercised when entering, as the property will require substantial work. All offers must be submitted using the Illinois State Police purchase contract. A deposit of twenty-five hundred dollars in earnest money will be required at acceptance. Closing may take up to sixty days and will be completed through a title company to ensure proper conveyance. Although the property is sold as is, any back taxes, liens, or outstanding obligations will be satisfied so that title transfers free and clear. This opportunity is available to cash buyers or those utilizing creative financing only. Ideal for investors, rehab specialists, or buyers seeking a project with long-term potential, this home offers a chance to restore and reimagine a property in a well-established community. Serious, pre-qualified buyers are encouraged to inquire.
Listing Firm: Village Realty, Inc

Listing Agency: Village Realty, Inc
$32,500: 523 S Lott Boulevard, Gibson City