House Built on Plot Used by Serial Killer Hits Market for $459,000

By Douglas A. McIntyre Updated Jan 11, 3:24AM EST · Published Oct 27, 7:44AM EDT

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

House Built on Plot Used by Serial Killer Hits Market for $459,000 — © Feverpitched / Getty Images

It is not much of a house, measuring 2,500 square feet with three bedrooms and two baths. The listing makes the home seem inviting: “Close to all transportation. MUST SEE!” The drawback is that one of America’s best known serial killers use it as a place to hide bodies.

8215 W. Summerdale Ave. is in Norwood Park Township, Illinois, close to Chicago’s O’Hare International Airport. The home is very near to one John Wayne Gacy owned at 8213 West Summerdale Avenue. Its structure is actually built near the footprint of Gacy’s, which was torn down in the early 1980s. Gacy killed 33 young men between 1972 and 1978. He buried many of his victims under the old house.

8215 W. Summerdale Ave. is for sale for $459,000. That is about what other homes that are for sale in the neighbor are on the market for. Norwood Park Township has a population of about 26,000. It covers 3.7 square miles. Eighty-two percent of the population is white. The median household income is $66,000, slightly above the national average. About 8.7 people live in poverty, well below the national average. It has 10,526 housing units. Realtor.com was fairly specific about what concerned buyers might think: “For a buyer who doesn’t buy into bad juju, it’s a perfectly fine buy in the Chicago suburbs.”

For a 30-year fixed mortgage with a 3.916% rate, a buyer who puts down 20%, the monthly payment would be $2,219. Of that $1.735 covers mortgage payments. The balance is for property taxes.

[nativounit]

For anyone really interested, the listing:

Norwood Park Township- Beautiful 3 bedroom 2 bath Brick home in Maine South H.S District. Features updated kitchen with eating area that overlooks huge backyard, separate dining room, living room and family room with beautiful two sided fireplace. Huge second story loft can be used as a bedroom or office. Attached 2 car garage and clean basement with laundry. New tear off Roof. Close to all transportation. MUST SEE!

Even as a MUST SEE, the house may be hard to sell.

[recirclink id=588174]
[wallst_email_signup]

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.