Very interesting. Where do you find this puppies?!
Briefly, we did an analysis of the overall market area. Neither Deer Park or North Barrington (shares the 60010 zip) indicate numerous market value transaction above $1M less more 2.5M or 3.3M.
While the subject property does appear slightly larger and may have some additional amenities, we only see a property that is over leveraged. Probably would actual sell for no more than 1/2 what they owe today.
You have definitely learned to fish. Good job.
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