4 Beds   3.5 Baths   4,619 Sq. Ft.   Single-Family

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N Longmeadow Ave
Lincolnwood, IL 60712

Status: Inactive
Listing ID: 54545082

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Living Area Size: 4,619
  • Year Built: 2010
  • Comments: Invest with success and buy through Auction.com. This bank-owned investment property is a great opportunity to rehab and flip for potential profit or rent out for long-term income. This 4,619 square feet property features 4 beds and 3.5 baths. It is located in Cook County in the city of Lincolnwood. Visit Auction.com to find additional property details, time-saving reports, and important auction information.
  • Days On Site: 731
  • Property Type: Single Family Dwelling

Foreclosure

Properties 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. The longer lenders own properties, however, 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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Address: N Longmeadow Ave Lincolnwood IL 60712

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N Longmeadow Ave
Lincolnwood, IL 60712

4 Beds   3.5 Baths   4,619 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 54545082

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