Wilmette House Being Sold for Third Time in just over a Year!

Not often - especially in this market - that you hear of a house selling multiple times in a years time. However, 117 Broadway in east Wilmette is being sold for the third time in just over a year. 

I originally sold this house to a client in May of 2010. It was owned by Bank of America at the time and closed for $625,000. There were multiple bidders and the sale was very challenging to close. It seemed like a tremendous value at the time, especially given the low price and upside in renovation potential. My client then changed his mind and sold property in June of 2010 for $699,100. The the second buyer recently put the home up for sale and just accepted a contract. It was listed for $699,000 and will be closing soon. All three times in house sold in under 60 days.

The house is large and has a recent addition put on the back of the house. However, it is still in need of many updates in the kitchen and baths, along with an unfinished basement.