$183,000 EMV


2 Beds   2 Baths   1,004 Sq. Ft.   Townhome

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N Harlem Ave Apt A
Oak Park, IL 60302

Status: Inactive
Listing ID: 56802526

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,004
  • Lot Size: 0.05 acres
  • Year Built: 1954
  • Source ID: 175150901
  • Parcel Number: 16-06-107-073
  • Property Type: Townhouse
  • Plaintiff: US Bank Trust Na Trustee
  • Defendant Name: SHARON DESHAZER
  • Case Number: 20CH006405
  • Recording Date: 10-19-2021
  • Trustee Name: CODILIS & ASSOCIATES PC
  • Trustee Address: 15 W030 N Frontage Rd
  • Trustee City: Burr Ridge
  • Trustee State: IL
  • Trustee Zip: 60527
  • Trustee Phone: (630) 794-5300
  • Deed Category: NFS
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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: 11-29-2021
  • Auction Time: 10:30 AM
  • Auction Address: 1 S Wacker Dr Ste 2400
  • Auction City: Chicago

    Loan Information

  • 1st Mortgage Date: 11-27-2007

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Oak Park, IL
Home Inspectors

Clearview Home Inspections, Inc
William Kent
312-833-2799
Property Guidance Inspection
Phil Gould
773-469-3390
Premium Home Inspections
Rick F. Sabatino
708-383-2186
foreclosure.com

N Harlem Ave Apt A
Oak Park, IL 60302

2 Beds   2 Baths   1,004 sq. ft.   Townhome

$183,000 EMV

Status: Inactive Listing ID: 56802526

Property Information

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Property Description

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Listing URL

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