$475,888 EMV

2.5 Baths   2,458 Sq. Ft.   Single-Family
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Briarwood Ln
Palatine, IL 60067

Overview

This Single-Family is located at Briarwood Ln, Palatine, IL 60067. 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 2.5 Baths , 2,458 sqft of living space.
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Status: Inactive
Listing ID: 57672958

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Property Information

  • Bathrooms: 2.5
  • Living Area Size: 2,458
  • Year Built: 1966
  • Source ID: 176272690
  • Day(s) On Site: 194
  • Parcel Number: 02-35-301-035
  • Subdivision: PLUM GROVE ESTATES UNIT NUMBER 2
  • Property Type: Single Family Dwelling
  • Recording Date: 02-18-2022
  • Owner Name: U S BANK TRUST NATIONAL ASSOCIATION
  • Owner Mailing Address: PO BOX 814609
  • Document Number: 0004907307

Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 1
  • Parking: ATTACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: FRAME/MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 22,216
  • Year Built: 1966
  • APN: 02-35-301-035-0000
  • Property Type: Single Family Residence
  • Living Sqft: 2,458
  • Basement Finish Type: UNFINISHED
  • Garage: ATTACHED
  • Style: RANCH
  •  
  • Subdivision: PLUM GROVE ESTATES UNIT 02

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Briarwood Ln located in Palatine, IL is $2,660/month. Comparable homes around Briarwood Ln that are rentals have monthly ranges starting as low as $2,530 per month and as high as $2,790 per month. An owner looking to use this property as an investment could bring a return in the area of $2,530 - $2,790 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


Palatine, IL
Home Inspectors
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Ken D'Alexander Jr.
847-845-5245
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Briarwood Ln
Palatine, IL 60067

2.5 Baths   2,458 sq. ft.   Single-Family

$475,888 EMV

Status: Inactive Listing ID: 57672958

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Briarwood-Ln-Palatine-IL-60067/57672958_lid

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