Domain Mr09.com for sale! This premium domain is available now at Kadomain.com

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

  • businessinsider.com language
  • 2025-05-23 04:22 event
  • 2 weeks ago schedule
Bids for Pope Leo XIV's childhood home start at $250,000, but there's a catch
The humble home in Illinois was thrust into the spotlight when Pope Leo XIV became the leader of the Catholic Church earlier this month.

Small brick home with grass in front.
The childhood home of Pope Leo XIV is in Dolton, Illinois.
  • The owners of Pope Leo XIV's childhood home in Illinois are trying to sell it via private auction.
  • The home was listed for $199,900 before the pope's appointment. Now, bids start at $250,000.
  • The auction winner may not get to enjoy it because the local government wants to acquire the home.

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.

Read the original article on Business Insider

296. Photos show every time Melania Trump has appeared at a public White House event this year

  • 2 weeks ago schedule
  • businessinsider.com language

Melania Trump, who remained an enigmatic figure during President Donald Trump's first term, has kept an even lower profile during his second.

297. This country just raised the retirement age to 70 — and others may follow

  • 2 weeks ago schedule
  • businessinsider.com language

Denmark will increase its retirement age to 70 by 2040. Other developed countries could do the same as the number of workers declines in the coming years.

298. My Relentless Ambition Cost Me My Health. Here's How to Avoid Making My Mistakes.

  • 2 weeks ago schedule
  • entrepreneur.com language

There is no KPI in your startup worth sacrificing your health over. An important lesson for founders of how, when health fails, everything can come crashing like a house of cards.

299. Apple and stocks fall premarket after Trump threatens tariffs on iPhones and the European Union

  • 2 weeks ago schedule
  • businessinsider.com language

President Donald Trump said iPhones made outside the US would incur a tariff of at least 25% and threatened to increase levies on European imports.

300. I have TSA Precheck, Global Entry, CLEAR, and Priority Pass, but only 2 of them are worth it

  • 2 weeks ago schedule
  • businessinsider.com language

TSA Precheck, Global Entry, CLEAR, and Priority Pass let her skip the line at any airport, but some are more useful than others.

301. Sofia Vergara said dating someone with less money than her would be a 'nightmare.' We asked 3 therapists what they think.

  • 2 weeks ago schedule
  • businessinsider.com language

Sofía Vergara says that when you date someone with less money, "they end up resenting you." BI spoke to therapists about how income can impact power dynamics.

302. My baby isn't even a year old and has already been on 8 flights. Here's how we survived them.

  • 2 weeks ago schedule
  • businessinsider.com language

I was nervous the first time I flew with my baby. After eight flights together in less than a year, we've learned what works and what doesn't.

303. A famed Wall Street bear warns of 'global financial market Armageddon' as Japanese bond yields spike

  • 2 weeks ago schedule
  • businessinsider.com language

"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert Edwards wrote Thursday.

304. The best Garmin watches, according to a fitness expert

  • 2 weeks ago schedule
  • businessinsider.com language

Garmin's vast offering of fitness watches can be overwhelming, but based on our testing and research, we whittled down the list to the best options.

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

  • 2 weeks ago schedule
  • businessinsider.com language

The humble home in Illinois was thrust into the spotlight when Pope Leo XIV became the leader of the Catholic Church earlier this month.

306. 15 best high-waisted bikinis for all shapes and sizes

  • 2 weeks ago schedule
  • businessinsider.com language

High-waisted bikinis are the best shape for staying in place, offering support, and adding a vintage flair to your beach day.

307. The 11 biggest bombshells from the Diddy trial — including testimony by Kid Cudi and Cassie's mom

  • 2 weeks ago schedule
  • businessinsider.com language

Sean Combs is on trial. From freak offs to a "death threat" described by Dawn Richard, here are the most striking revelations so far.

308. White House says Trump wants to primary Republicans who voted against the 'Big Beautiful Bill'

  • 2 weeks ago schedule
  • businessinsider.com language

Reps. Warren Davidson of Ohio and Thomas Massie of Kentucky were the only two House Republicans to vote against the bill.

309. Entrepreneur+ Subscriber-Only Event | May 28: How This Founder Sold 3 Million Units of His Toy Ball Idea

  • 2 weeks ago schedule
  • entrepreneur.com language

Subscribe to Entrepreneur+ for just $5! Get access to all member benefits, including our next Subscriber-Only Event with Joe Burke, Founder of Ollyball.

310. The rise of OpenAI's billionaire CEO, Sam Altman

  • 2 weeks ago schedule
  • businessinsider.com language

OpenAI CEO Sam Altman became a household name after the release of OpenAI's groundbreaking AI model, ChatGPT.

311. A key recruiting cycle for Wall Street is showing signs of kicking off earlier than ever

  • 2 weeks ago schedule
  • businessinsider.com language

While most recent college graduates are getting ready for their new jobs, a select group is already considering their next one.

312. I ranked 4 brands of store-bought beef hot dogs. The winner was flavorful with a great snap.

  • 2 weeks ago schedule
  • businessinsider.com language

Applegate's organic hot dogs had the best savory flavor and snap, making it my choice for Memorial Day weekend cookouts.

313. 'Sunrise on the Reaping' has found its President Snow, Haymitch Abernathy, and Effie Trinket. Here's everything we know so far about the 'Hunger Games' prequel.

  • 2 weeks ago schedule
  • businessinsider.com language

Lionsgate announced it would be producing a film adaptation of Suzanne Collins' "Sunrise on the Reaping" before the book was even released.

314. I booked basic economy on JetBlue and got a premium coach seat. I'd only splurge on the $180 upgrade for long flights.

  • 2 weeks ago schedule
  • businessinsider.com language

When I booked an international JetBlue flight in basic economy, I was upgraded to an EvenMore premium economy seat with extra legroom and other perks.

Cookie Policy

We use cookies and similar technologies to help the site provide a better user experience. By using the website you agree to our Cookie Policy, Terms of Use and Privacy Policy.