1 Bath   885 Sq. Ft.   Condo
Get the Preforeclosure Address

Beacon St Unit 23
North Chicago, IL 60064

*Rental Value Coming Soon

Overview

This Condo is located at Beacon St Unit 23, North Chicago, IL 60064. 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 1 Bath , 885 sqft of living space.
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Status: Inactive
Listing ID: 57450335

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Property Information

  • Bathrooms: 1
  • Living Area Size: 885
  • Lot Size: 0.06 acres
  • Year Built: 1972
  • Source ID: 45057742
  • Day(s) On Site: 300
  • Parcel Number: 12-07-100-029
  • Property Type: Condo
  • Plaintiff: Wilmington Savings Fund Society Trustee
  • Defendant Name: CHARLOTTE MORGAN
  • Case Number: 22FC2
  • Recording Date: 07-13-2022
  • Trustee Name: CODILIS & ASSOCIATES PC
  • Trustee Address: 15 W030 N Frontage Rd
  • Trustee City: Burr Ridge
  • Trustee State: IL
  • Trustee Zip: 60527
  • Trustee Phone: (630) 794-5300
  • Deed Category: NFS

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: 11-15-2022
  • Auction Time: 9:30 AM
  • Auction Address: 18 N County St Rm 01110
  • Auction City: Waukegan

    Loan Information

  • 1st Mortgage Date: 03-03-2005

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Listing History

Start Date End Date Listing Type Bank Name
11/21/22 11/24/22 Preforeclosure
11/16/16 02/28/17 Bankruptcy
10/19/10 10/19/11 Bankruptcy

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Beacon St Unit 23
North Chicago, IL 60064

1 Bath   885 sq. ft.   Condo

 

Status: Inactive Listing ID: 57450335

Property Information

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Beacon-St-Unit-23-North-Chicago-IL-60064/57450335_lid

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