$219,618 EMV

3 Beds 1,160 Sq. Ft.   Single-Family
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Linn Ct Apt B
North Aurora, IL 60542

Overview

This Single-Family Preforeclosure is located at Linn Ct Apt B, North Aurora, IL 60542. It has 3 Beds, , 1,160 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $219,618.
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Status: Active
Listing ID: 59882054
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Learn about Linn Ct Apt B in North Aurora, IL

This single-family property is available as a preforeclosure at Linn Ct Apt B. Based on our analysis of the current market conditions in North Aurora for Linn Ct Apt B and comparable listings, the estimated market value is $219,618. If purchased for rental purposes, the monthly rental rate could range between $1,480 and $1,800. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Linn Ct Apt B are updated daily along with others in North Aurora, Illinois. Since this property is a preforeclosure, check out our Foreclosure Timeline for Linn Ct Apt B below to see helpful information about this listing.


Foreclosure Timeline

Linn Ct Apt B in North Aurora Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Linn Ct Apt B
View Foreclosure Status
07/02/10
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

Preforeclosure

The property located at Linn Ct Apt B in North Aurora, IL is listed as a Preforeclosure

The process of preforelcosure with properties like Linn Ct Apt B in North Aurora, Illinois begin 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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Rental Value

The estimated rental value for Linn Ct Apt B located in North Aurora, IL is $1,640/month. Comparable homes around Linn Ct Apt B that are rentals have monthly ranges starting as low as $1,480 per month and as high as $1,800 per month. An owner looking to use this property as an investment could bring a return in the area of $1,480 - $1,800 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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Linn Ct Apt B
North Aurora, IL 60542

3 Beds 1,160 sq. ft.   Single-Family

$219,618 EMV

Status: Active Listing ID: 59882054

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Linn-Ct-Apt-B-North-Aurora-IL-60542/59882054_lid

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