$123,590 EMV


2 Beds   1 Bath   1,034 Sq. Ft.   Single-Family

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S Loomis St
Chicago, IL 60643

Status: Inactive
Listing ID: 56748566

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 1,034
  • Lot Size: 0.11 acres
  • Year Built: 1958
  • Source ID: 32139763
  • Subdivision: HILLIARD & DOBBINS 1ST ADDITIO
  • Parcel Number: 25-08-104-047
  • Property Type: Single Family Dwelling
  • Plaintiff: Wilmington Savings Fund Society Ttee
  • Defendant Name: ELVRICK V JACKSON
  • Case Number: 19CH0010908
  • Recording Date: 11-01-2021
  • Trustee Address: 233 S Wacker Dr
  • Trustee Name: QUINTAIROS PRIETO WOOD & BOYER PA
  • Trustee City: Chicago
  • Trustee State: IL
  • Trustee Zip: 60606
  • Trustee Phone: (312) 566-0040
  • Deed Category: NFS
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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 4,800
  • Year Built: 1954
  • APN: 25-08-104-047-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,034
  • Basement Finish Type: UNFINISHED
  • Style: BUNGALOW
  •  
  • Subdivision: HILLIARD & DOBBINS 1ST ADDITIO

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: 11-15-2021
  • Auction Time: 11:00 AM
  • Auction Address: 120 W Madison St Ste 718a
  • Auction City: Chicago

    Loan Information

  • 1st Mortgage Date: 05-22-2006

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Listing History

Start Date End Date Listing Type Bank Name
09/20/19 07/16/20 Preforeclosure Wilmington Savings Fund Soc...

Chicago, IL
Home Inspectors

Brad Haugen Home Inspections, Inc.
Bradley C. Haugen ACI
773-407-2094
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Chicagoland Home Inspectors Inc
Charles Bellefontaine
312-759-7045
JRW Property Inspection and Consulting LLC
Jerry Woznyj
773-851-9627
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
foreclosure.com

S Loomis St
Chicago, IL 60643

2 Beds   1 Bath   1,034 sq. ft.   Single-Family

$123,590 EMV

Status: Inactive Listing ID: 56748566

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=S-Loomis-St-Chicago-IL-60643/56748566_lid

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