Particle.news

Download on the App Store

Dolton Board to Vote on Wintrust-Financed Purchase of Pope Leo XIV’s Childhood Home

The structured Wintrust arrangement with a donated roof replacement aims to secure the property for a visitor-driven heritage district

Pope Leo XIV's childhood home in Dolton, Illinois, is seen on May 9.
Image

Overview

  • The village board will decide tonight whether to acquire the 212 E. 141st Place home directly even as the public auction continues through July 17 .
  • The Wintrust Bank deal functions like a mortgage, letting Dolton defer a large upfront payment and avoid an eminent domain fight.
  • While the exact purchase price remains confidential until closing, it is expected to exceed the developers’ $199,000 asking price but fall short of their $1 million auction target.
  • Preservation work is already under way, with Windy City Construction Group donating and installing a new roof on the property.
  • Officials plan to buy a neighboring dilapidated house to form a heritage district honoring Prevost’s family and capitalize on growing pilgrim interest