Get the Preforeclosure Address

Elgin Rd Apt B
Evanston, IL 60201

Overview

This Preforeclosure is located at Elgin Rd Apt B, Evanston, IL 60201. This property is currently in auction.
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Status: Inactive
Listing ID: 58078591

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Property Information

  • Source ID: 21555337
  • Day(s) On Site: 63
  • Parcel Number: 11-18-119-037-1002
  • Plaintiff: BYLINE BANK
  • Defendant Name: THOMAS A MILLER
  • Case Number: 22 CH 821
  • Trustee Name: RANDALL AND KENIG LLP
  • Trustee City: CHICAGO
  • Trustee Address: 455 N CITYFRONT PLZ STE 2510
  • Trustee State: IL
  • Trustee Zip: 60611
  • Trustee Phone: (312) 822-0800
  • Deed Category: NTS

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Public Records

  • APN: 11-18-119-036-1289
  • Property Type: Condominium

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: 07-12-2022
  • Auction Time: 11:00 AM
  • Auction Address: 120 WEST MADISON STREET SUITE 718A
  • Auction City: CHICAGO

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Elgin Rd Apt B
Evanston, IL 60201

 

Status: Inactive Listing ID: 58078591

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=Elgin-Rd-Apt-B-Evanston-IL-60201/58078591_lid

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