3 Beds   2 Baths   1,880 Sq. Ft.   Single-Family

1500 Springfield Rd, East Peoria, IL 61611

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This Single-Family is located at Springfield Rd, East Peoria, IL 61611. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 2 Baths , 1,880 sqft of living space.
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Status: Inactive
Listing ID: 49652102

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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,880
  • Total Rooms: 6
  • Lot Size: 0.75 acres
  • Year Built: 1969
  • Source ID: 18498233
  • Estimated Value: $134,216
  • Day(s) On Site: 2121
  • Subdivision: GAS LIGHT PARK
  • Assessed Value: $43,440
  • Property Type: Single Family Dwelling
  • Plaintiff: WELLS FARGO BANK
  • Defendant Name: SALZER JENNY
  • Case Number: 17-CH-77
  • Recording Date: 03-27-2017
  • Last Sale Amount: $137,000
  • Last Sale Date: 07-22-2009
  • Trustee City: CHICAGO
  • Trustee Address: 1 NORTH DEARBORN STREET SUITE 1300
  • Trustee State: IL
  • Trustee Zip: 60602
  • Trustee Phone: (312) 346-9088
  • Deed Category: LP
  • Document Number: 4231

Public Records

  • Bedrooms: 3
  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: TRI-LEVEL
  • Basement Sqft: 598
  • Parking Sqft: 520
  • Land Area Sqft: 32,800
  • APN: 05-05-04-301-012
  • Property Type: Single Family Residence
  • Township: GROVELAND
  • Front Footage: 80
  • Depth Footage: 410
  • Living Sqft: 1,880
  • Garage: ATTACHED
  • Subdivision: GAS LIGHT PARK


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.


    Loan Information

  • 1st Mortgage Date: 01-01-2009

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Listing History

Start Date End Date Listing Type Bank Name
06/06/17 09/02/17 Short Sale


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Homes On This Street
View more homes on Springfield Rd

Springfield Rd
East Peoria, IL 61611

3 Beds   2 Baths   1,880 sq. ft.   Single-Family


Status: Inactive Listing ID: 49652102

Property Information

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Public Records

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Property Description

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