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Burr Ridge board authorizes agreement to sell old Village Hall to buyer seeking daycare use
Summary
The board voted unanimously to enter a purchase agreement that would allow Goddard Real Estate to buy Village Hall for $2.7 million, with contingencies for zoning and inspections and the Veterans Memorial retained in village ownership.
The Village of Burr Ridge board voted unanimously on Feb. 23 to authorize entry into a purchase and sale agreement to sell the former Village Hall to Goddard Real Estate for $2,700,000, subject to customary inspection and zoning contingencies.
Evan, the village staff presenter, told the board the contract includes $135,000 in earnest money to be deposited within five business days and provides a 120-day inspection period with two optional 30-day extensions for the buyer to satisfy zoning, building permits and related approvals. He…
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