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Chicago Sun-Times
Chicago Sun-Times
National
Mariah Rush

Vacant houses in Englewood are priced as low as $5,000 to provide ‘equity’ to potential homebuyers

A house in Englewood, at 426 W. 66th Place, is currently listed for $7,500 as part of the Cook County Land Bank Authority’s discounted home initiative. (Pat Nabong/Sun-Times)

An initiative pilot to promote homeownership in Englewood has discounted more than 100 vacant houses to prices ranging from $5,000 to $25,000.

Many of the properties need extensive renovations and are listed on the lower end of that scale.

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