3 Beds   2 Baths   988 Sq. Ft.
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Emerson St
Franklin Park, IL 60131

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Status: Inactive
Listing ID: 58907595
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Learn about Emerson St in Franklin Park, IL

This property is available as a foreclosure at Emerson St. It has 3 bedrooms, 2 bathrooms, and 988 square feet of living space. Based on our analysis of the current market conditions in Franklin Park for Emerson St and comparable listings, the estimated market value is $268,190. The property located at has potential equity of $53,709. If purchased for rental purposes, the monthly rental rate could range between $1,490 and $2,010. For those interested in resale, the estimated profit from selling is $53,709. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Emerson St are updated daily along with others in Franklin Park, Illinois.

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Property Information

  • Price: $219,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 988
  • Total Square Feet: 988
  • Year Built: 1954
  • Day(s) On Site: 205

Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME/MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,100
  • Year Built: 1954
  • APN: 12-21-208-047-0000
  • Property Type: Single Family Residence
  • Living Sqft: 988
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED


The property located at Emerson St in Franklin Park, IL is listed as a Foreclosure

Properties like Emerson St in Franklin Park, Illinois 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 in Franklin Park, IL. The longer lenders own properties like this on Emerson St, 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 Emerson St located in Franklin Park, IL is $1,750/month. Comparable homes around Emerson St that are rentals have monthly ranges starting as low as $1,490 per month and as high as $2,010 per month. An owner looking to use this property as an investment could bring a return in the area of $1,490 - $2,010 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.

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Homes On This Street
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Emerson St
Franklin Park, IL 60131

3 Beds   2 Baths   988 sq. ft.


Status: Inactive Listing ID: 58907595

Property Information

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Public Records

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Property Description

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