In Re Estate of Lambrecht

JUSTICE ROBERT E. GORDON

delivered the opinion of the court:

The deceased, Karl Lambrecht, held a one-third beneficial interest in real estate located at 4200-10 North Lincoln Avenue in Chicago (subject property). Three of his children held a collective two-thirds beneficial interest in the subject property. One of the three children was named the independent administrator of the deceased’s estate. Upon petition, the trial court authorized the engagement of an appraiser for the purpose of selling the one-third interest in the property to the owners of the two-thirds interest for the appraised…