Dolton buys Pope Leo’s childhood home for nearly double the asking price – The Independent

The house was originally listed earlier this year for $219,000 after a local property developer bought it for $66,000 to renovate. After Leo stunned Americans and was elected pope on May 8, the seller pulled the home from the market and later announced a luxury auction, with a $250,000 opening bid. The village of Dolton ended up purchasing the property for $375,000. The average house price in Dolton is about $179,000, according to Realtor.com.
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Tommy Paine
10 months ago

The Village of Dolton finally rids itself of the moron mayor Tiffany and then they do this. A question that needs to be asked of the new mayor and the village board is how do you plan to monetize this in order to pay for the purchase and for the ongoing maintenance? I have real doubts that they can operationally break even let alone cover the purchase price.

Like Jenny asked Forrest: “Are you stupid or something?”

Call my shrink
10 months ago

Here’s the thing. How many people do you think this will attract ? In this day and age it was way too much. I’m Catholic , live 8 miles away and have no interest. Anyone else ?

Leaving Soon, just not soon enough
10 months ago

Only twice as much? Normally government spends far more than that to buy and provide services to the taxpayers.

mqyl
10 months ago

Yep, that’s pretty good negotiating for an Illinois municipality. In Illinois, that’s an example of prudent fiscal management.

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