$316,205 EMV

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Mission Ave
Villa Park, IL 60181


This is located at Mission Ave, Villa Park, IL 60181. 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.
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Status: Inactive
Listing ID: 59955254
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Learn about Mission Ave in Villa Park, IL

This property is available as a preforeclosure at Mission Ave. Based on our analysis of the current market conditions in Villa Park for Mission Ave and comparable listings, the estimated market value is $316,205. If purchased for rental purposes, the monthly rental rate could range between $1,630 and $1,990. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Mission Ave are updated daily along with others in Villa Park, Illinois.

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Property Information

  • Year Built: 1960
  • Day(s) On Site: 66
  • Subdivision: C G RESKINS 03 ADD VILLA PARK
  • Defendant Name: HENRY M LIPKA ET AL
  • Case Number: 22FC837
  • Attorney Phone: (312) 357-1125
  • Attorney Name: LAW OFFICES OF IRA T. NEVEL
  • Deed Category: NFS

Public Records

  • Land Area Sqft: 17,045
  • Year Built: 1960
  • APN: 06-04-303-012
  • Property Type: Single Family Residence
  • Style: SPLIT LEVEL
  • Subdivision: C G RESKINS 03 ADD VILLA PARK


The property located at Mission Ave in Villa Park, IL is listed as a Preforeclosure

The process of preforelcosure with properties like Mission Ave in Villa Park, 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.


Auction Information

  • Auction Date: 06-27-2023
  • Auction Time: 10:00 AM
  • Auction Location: Main lobby of sheriff's office, 501 N. County Fram Road, Wheaton, IL

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Rental Value

The estimated rental value for Mission Ave located in Villa Park, IL is $1,810/month. Comparable homes around Mission Ave that are rentals have monthly ranges starting as low as $1,630 per month and as high as $1,990 per month. An owner looking to use this property as an investment could bring a return in the area of $1,630 - $1,990 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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Mission Ave
Villa Park, IL 60181

$316,205 EMV

Status: Inactive Listing ID: 59955254

Property Information

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Public Records

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Property Description

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