Selling/Buying a HOme

What You Need to Know About Selling/Buying a Home in Bannockburn

Selling a Home?

If you are looking to sell your home in Bannockburn, there are things you should know. 

1) Real Estate Sign

  • Residential Real Estate Signs are limited to one single of double-faced, non-illuminated sign of the following maximum gross surface areas and maximum heights.
    • Single Family Residential (Individual Lots): Sign is limited to no more than two (2) square feet per sign face and not to exceed four feet in height.  Corner lot or through lot properties are permitted to have two signs, one sign facing each street.
    • Single Family Residential, Multi-Lot Developments:  Sign is limited to no more than twenty (20) square feet per sign face and not to exceed six (6) feet in height.  If a multi-lot development real estate sign is erected, no real estate signs shall be erected on the individual lots unless and until said multi-lot development sign has been removed.

2) Know What District You Are In.  To determine whether your residential property is in the A or B District, click here.

3) Obtain a Current Plat of Survey.  It is important to have a current plat of survey on hand for potential buyers.  The Village may have a copy on file, but it could be outdated. 

4) Know the Restrictions on Your Property/Subdivision. The Village's Zoning Code is available on-line and provides general information on the restrictions for lots located in the VIllage of Bannockburn.  Click here to locate the Village's Zoning Code under the Resources section to find out general zoning information.  It is also important to check whether there are any ordinances that regulate your property and/or subdivision.  Any variations, Special Use Permits, etc. may impact what can be built on your property in addition to the general zoning regulations found in the Zoning Code.

5)  Obtain Your Transfer Compliance Inspection.  The Village established a Compliance Inspection Process in 2009 which properties in the Village of Bannockburn's municipal limits will, prior to the transfer of ownership, be subject to physical inspection and review for compliance with Village ordinances or development regulations.  When areas of noncompliance are identified, appropriate corrective action can be take prior to any transfer.  The inspection is intended to protect the general public health, safety and welfare by addressing areas of noncompliance.  Prospective purchasers who acquire premises in Bannockburn without obtaining a valid Transfer Compliance Certificate at the time of the closing are deemed to assume joint and several responsibility for all conditions on such premises and all obligations that the seller-transferor may have vis-a-vis the Village. For a copy of the transfer compliance application, please click here, or for a copy of the Transfer Compliance Inspection ordinance, please click here

PLEASE... DO NOT WAIT UNTIL THE LAST MINUTE TO OBTAIN AN INSPECTION.  Please provide at least two weeks to obtain the results of your inspection.  To obtain a Transfer Compliance Inspection, please contact the Village Hall at 847-945-6080. 
 

Buying a Home?

If you are interested in Buying a Home in Bannockburn, there are things you should know.

1) Know What District the Property is Located.  To determine whether the residential property is in the A or B District, click here.

2) Know the Restrictions on the Proposed Property/Subdivision. The Village's Zoning Code is available on-line and provides general information on the restrictions for lots located in the VIllage of Bannockburn.  Click here to locate the Village's Zoning Code under the Resources section to find out general zoning information.  You will need to know what District the property is in.  It is also important to check whether there are any ordinances that regulate your property and/or subdivision.  Any variations, Special Use Permits, etc. may impact what can be built on your property that are in addition to the general zoning regulations found in the Zoning Code.

3) Current Plat of Survey?  Check to see if the Plat of Survey provided is current.  Outdated Plats of Survey can cause confusion, particularly if you are interested in improving the lot.

4)  Has the Seller Obtained a Transfer Compliance Inspection?  The Village established a Compliance Inspection Process in 2009 which properties in the Village of Bannockburn's municipal limits will, prior to the transfer of ownership, be subject to physical inspection and review for compliance with Village ordinances or development regulations.  When areas of noncompliance are identified, appropriate corrective action can be take prior to any transfer.  The inspection is intended to protect the general public health, safety and welfare by addressing areas of noncompliance.  Prospective purchasers who acquire premises in Bannockburn without obtaining a valid Transfer Compliance Certificate at the time of the closing are deemed to assume joint and several responsibility for all conditions on such premises and all obligations that the seller-transferor may have vis-a-vis the Village.  For more information on the Transfer Compliance Inspection, please click here

 

 
Village of Bannockburn  2275 Telegraph Road, Bannockburn, IL 60015  Phone: 847-945-6080  Fax: 847-945-6538
©2014 Village of Bannockburn