Eastern Illinois village offering land for $1
A community in eastern Illinois is offering the deal of a lifetime on property as a way to entice people to move to the area.
The Village of Rossville in Vermillion County is offering about a dozen lots for $1 each to convince people to relocate, according to a report by Sauk Valley.
According to the report, the deal is that landowners would have to build a home on the plot within a year. Property-owners would have 90 days to make construction plans, said Rossville Mayor Richard Queen. Should a new resident be unable to hold up to the deal, property will return to the village.
In mid-October 2013, the village was offering 11 plots for the deal, but more could be added in the future, according to Sauk Valley. Click here for information on some of the current $1 lots for sale.
Queen said the community is hoping to make-up the investment through property taxes, according to the report.
Sauk Valley reported that homebuilder, Will Nelson, from Batavia, Illinois said that he has prepared five different home designs that could be used for the sites. His plans are ranch-style homes ranging from 1,200 to 2,000 sq. feet, costing roughly $150,000.