Kilbourne Lot

Key Information
State: Illinois
County: Mason
Town: Kilbourne
Size: 99' x 145' (0.33 acres)
SOLD March 2015!

This is a nice flat, rectangular lot in Kilbourne, IL which would be a great building site or investment property. If you have any questions about this property or would like to express interest in it, please fill out the incredibly easy to use form at the bottom of this page or email us at main@teraprom.com.

Please see the pictures of the property below.

Below is an aerial image of the property showing the approximate boundary lines.

Terms
The property is sold as-is and will be conveyed by a quit-claim deed.  

Financing
Unlike many sellers of real estate, we are willing to work with buyers to find a financing solution that is affordable and meets your needs. You can purchase this property one of two ways. The first is with a cash offer, either with cash from savings or from a bank loan. The second is to get financing from us in the form of a contract-for-deed, which is a form of seller financing that helps buyers avoid the difficult and costly process of going through a bank to obtain a mortgage loan. The minimum requirements for this type of arrangement is: 1) a 15% downpayment; 2) monthly payments of at least $250; and 3) interest of 7% per year on the balance of the loan. Paying more per month would reduce the length of the financing and there are no penalties for paying it down early. Once the last payment has been made, the deed will be transferred to the buyer. 

Note: Before entering a contract-for-deed, it is important to make sure that you can afford all of the payments until the financing is completely paid off. A default could result in loss of the property and any funds paid up to the time of default, similar to a mortgage loan.

Below is an interactive Google map which shows the location of the property.

Questions?  Ask them here: