$138,000

3 Beds   1 Bath   1,268 Sq. Ft.   Single-Family
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Bruce Dr
Richton Park, IL 60471

Potential Profit

$51,516

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Status: Inactive
Listing ID: 57925591

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Property Information

  • Price: $138,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,268
  • Year Built: 1972
  • Day(s) On Site: 51
  • Subdivision: 7TH ADD BURNSIDES LAKEWOOD
  • Property Type: Single Family Dwelling
  •  

Potential Home Value

This property has untapped potential!

Current Value
$138,000
Potential Value
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Public Records

  • Baths: 1.5
  • Full Baths: 1
  • Half Baths: 1
  • No. of Stories: MULTI-LEVEL
  • Parking: ATTACHED GARAGE
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME/MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 9,313
  • Year Built: 1974
  • APN: 31-33-404-041-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,268
  • Basement Finish Type: RECREATION ROOM
  • Garage: ATTACHED
  • Style: SPLIT LEVEL
  • Subdivision: 7TH ADD BURNSIDES LAKEWOOD

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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 Bruce Dr located in Richton Park, IL is $1,530/month. Comparable homes around Bruce Dr that are rentals have monthly ranges starting as low as $1,380 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,380 - $1,680 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.

Listing History

Start Date End Date Listing Type Bank Name
04/09/20 07/22/20 Bankruptcy
12/16/19 07/05/20 Foreclosure
05/02/16 09/01/16 Preforeclosure
foreclosure.com

Bruce Dr
Richton Park, IL 60471

3 Beds   1 Bath   1,268 sq. ft.   Single-Family

$138,000

Status: Inactive Listing ID: 57925591

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=Bruce-Dr-Richton-Park-IL-60471/57925591_lid

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