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