3 Beds   2.2 Baths   1,834 Sq. Ft.
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N Larrabee St
Chicago, IL 60614

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Status: Inactive
Listing ID: 59612932

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Property Information

  • Price: $700,000
  • Bedrooms: 3
  • Bathrooms: 2.2
  • Living Area Size: 1,834
  • Total Rooms: 7
  • Parking: Garage (1 space)
  • HOA Fees: $511
  • Year Built: 1980
  • Additional Information: Eligible Bidders: All Bidders, 203K Eligible: Yes
  • Source ID: 137-481354
  • Day(s) On Site: 59
  • Subdivision: WILLOWS CONDO
  • Input Date: 01-23-2023
  • Financing Type: FHA Insured

Public Records

  • APN: 14-33-316-079-1005
  • Property Type: Condominium
  • Subdivision: WILLOWS CONDO

$100 Down HUD Home

Purchase this incredible HUD home with just a $100 down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

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 N Larrabee St located in Chicago, IL is $3,040/month. Comparable homes around N Larrabee St that are rentals have monthly ranges starting as low as $2,580 per month and as high as $3,500 per month. An owner looking to use this property as an investment could bring a return in the area of $2,580 - $3,500 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.

Listing History

Start Date End Date Listing Type Bank Name
11/18/22 12/27/22 Foreclosure


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Homes On This Street
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N Larrabee St
Chicago, IL 60614

3 Beds   2.2 Baths   1,834 sq. ft.


Status: Inactive Listing ID: 59612932

Property Information

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Public Records

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Property Description

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