On Friday, May 11, 2018, a permit for a structure demolition was issued by the Village of River Forest for 747 William Street. This permit was issued at the conclusion of the six-month demolition delay which was recommended by the Village’s Historic Preservation Commission. The developer has indicated that demolition will start today.
The residence located at 747 William Street was purchased in early 2017 after being on the market for nearly five months, and with several significant price reductions. The developer who purchased it, who is also a Village resident, is building a new home, citing irremediable structural problems in the foundation, including major cracks, leaking, plumbing issues and sloped floors. Ultimately, an alternative plan that was acceptable to the developer did not materialize.
The Village values greatly our historic and significant properties. We also know that maintaining high property values is important to all residents. These situations can be avoided if residents take a more proactive approach and consider permanent solutions to protect their property. Residents who live in significant properties who want to protect their properties should contact the Commission or a private attorney to learn more about what they can do to protect their property from demolition before they sell their property. The Commission continues to work diligently to educate the community regarding the importance of significant properties.