DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Bids for Pope Leo XIV’s childhood home start at $250,000, but there’s a catch

May 22, 2025
in News
Bids for Pope Leo XIV’s childhood home start at $250,000, but there’s a catch
498
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
Small brick home with grass in front.
The childhood home of Pope Leo XIV is in Dolton, Illinois.

Photo by Jim Vondruska/Getty Images

People bidding to buy Pope Leo XIV’s modest childhood home in Illinois could face some stiff competition — from the local government.

The innocuous three-bedroom, three-bathroom home in the Village of Dolton was thrust into the spotlight when Pope Leo XIV became the leader of the Catholic Church.

The current homeowner purchased the property in May 2024 for $66,000, listed it for $219,000 in January, and dropped the price to $199,900 in February.

After the pope’s appointment on May 8, the owner, inundated with offers and new options, delisted the home until last week when it was put up for auction through Paramount Realty USA. The reserve price is $250,000, and potential buyers have until June 18 to bid.

“It’s like a collectible car they only made one of,” Steve Budzik, the homeowner’s real estate agent, told BI earlier this month.

Potential buyers, however, will be going up against the Village of Dolton, which has said through its attorney that it plans to acquire the home either through direct purchase or eminent domain laws. Eminent domain laws allow governments to make private property available for public use.

“If a direct purchase from the seller cannot be negotiated, the Village will cause Eminent Domain proceedings to be filed in Court and take the property through the legal process,” Burton S. Odelson wrote in an email to BI. “The Village hopes a direct purchase is completed without court action.”

Odelson, who’s been in contact with the listing broker, said the Village of Dolton is working with the Chicago Archdiocese to determine the best use of the space.

Although relying on local eminent domain laws is an option, Odelson said it’s a last resort. That process involves litigation, which means attorney fees, court costs, appraisal costs, and time.

Under eminent domain laws, the Village of Dolton would have to compensate the owners for the home. Negotiations between the Village of Dolton and the current owner are ongoing.

The hype around Pope Leo XIV’s childhood home spurred immediate fanfare, prompting news trucks and curious locals to visit. One woman even told a local news outlet that she made the four-hour drive from Louisville, Kentucky, just to visit the impromptu holy site.

Representatives for Paramount Realty USA and the homeowner did not respond to a request for comment from Business Insider.

The post Bids for Pope Leo XIV’s childhood home start at $250,000, but there’s a catch appeared first on Business Insider.

Share199Tweet125Share
Forget wedding registries — many newlyweds would rather you help pay their mortgage
News

Forget wedding registries — many newlyweds would rather you help pay their mortgage

by Business Insider
November 4, 2025

Ali and Aislyn Benjamin, posing with their dog on their wedding day.Rakel Blake/Rakel Blake PhotographyGen Z and millennial homebuyers are ...

Read more
News

A win, a new home and tears: Novak Djokovic marks Greece’s tennis comeback with victory

November 4, 2025
News

‘Race against time’: Palestinians suffer from hunger in Gaza despite truce

November 4, 2025
News

Virginia: ICE Arrests Illegal Alien Child Sex Abusers, Rapists, Drug Smugglers

November 4, 2025
News

New Pentagon Press Crew Is All In on Trump

November 4, 2025
Brazil’s Lula puts forward new vision for protecting the Amazon rainforest

Brazil’s Lula puts forward new vision for protecting the Amazon rainforest

November 4, 2025
FBI Arrests Two Men Over Harvard Medical School Explosion

FBI Arrests Two Men Over Harvard Medical School Explosion

November 4, 2025
Ice cream bars sold in 31 states recalled

Ice cream bars sold in 31 states recalled

November 4, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.