1 Bath   1,340 Sq. Ft.   Multi-Family

11940 S Eggleston Ave,

Chicago, IL 60628

Status: Inactive
Listing ID: 43806040

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,340
  • Year Built: 1886
  • Sale Type: KALLEN FINANCIAL
  • lien_holder_1: CITY OF CHICAGO (IL) 0913835174 949
  • Subdivision: WEST PULLMAN
  • Parcel Number: 25 28 106 034 0000
  • Property Type: Multi Family Dwelling
  • Owner First Name: FRANCES
  • Plaintiff: BANK OF NEW YORK MELLON TRT CO
  • Owner Last Name: DANIEL
  • Case Number: 10CH0016849
  • Recording Date: 04-16-2010
  • Judgment Date: 09-01-2008
  • Judgment Value: $274,023
  • Input Date: 05-21-2014
  • Attorney Firm Address: 4201 LAKE COOK RD FL 1
  • Attorney Firm City: NORTHBROOK
  • Attorney Law Firm: FISHER & SHAPIRO LLC
  • Attorney Firm Phone: (847) 291-1717
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60062-1060
  • Deed Category: NFS
  • Document Number: 0724133017

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,100
  • Year Built: 1886
  • APN: 25-28-106-034-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,340
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: OLD
  • Subdivision: WEST PULLMAN

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 06-19-2014
  • Auction Time: 12:30 PM
  • Auction Location: 205 W RANDOLPH ST STE 1020 CHICAGO 60606

    Loan Information

  • 1st Mortgage Date: 07-27-2007
  • 1st Mortgage Amount: $175,500
  • Mortgage Interest Rate: 862
  • Mortgage Term: 40
  • Mortgage Type: ARM

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Listing History

Start Date End Date Listing Type Bank Name
04/16/10 02/10/11 Preforeclosure BANK OF NEW YORK MELLON TRT CO

foreclosure.com

S Eggleston Ave
Chicago, IL 60628

1 Bath   1,340 sq. ft.   Multi-Family

Active 

Status: Inactive Listing ID: 43806040

Property Information

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Public Records

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Property Description

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Listing URL

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