Investing in Real Estate Could be Cheaper Than You Think

Investing in Real Estate Could be Cheaper Than You Think
The interior of Villa Taj in Burr Ridge.
Investing in Real Estate Could be Cheaper Than You Think
The interior of Villa Taj in Burr Ridge.

Investing in Real Estate Could be Cheaper Than You Think

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Villa Taj, as it’s known, in suburban Burr Ride first went on the market for $25 million, giving it the distinction of being one of the most expensive homes for sale in Illinois. In early November, Villa Taj will go on the auctioning block with a starting bid that’s a quarter of the initial selling price. So, that’s the most extreme example of the type of deal you can find at the auctions. But if your budget is a little less there are many other opportunities to be had. Dennis Rodkin writes the Deal Estate column for Chicago magazine, and he talks more about these opportunities.