$49,500

2 Beds   1 Bath   972 Sq. Ft.   Single-Family
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S Lowe Ave
Riverdale, IL 60827

Potential Profit

$79,147

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Status: Inactive
Listing ID: 58932198

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Property Information

  • Price: $49,500
  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 972
  • Year Built: 1949
  • Day(s) On Site: 82
  • Subdivision: IVANHOE
  • Property Type: Single Family Dwelling

Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: MASONRY
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,750
  • Year Built: 1951
  • APN: 29-05-404-009-0000
  • Property Type: Single Family Residence
  • Front Footage: 30
  • Depth Footage: 125
  • Living Sqft: 972
  • Basement Finish Type: RECREATION ROOM
  • Garage: DETACHED
  • Subdivision: IVANHOE
  •  

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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 S Lowe Ave located in Riverdale, IL is $1,191/month. Comparable homes around S Lowe Ave that are rentals have monthly ranges starting as low as $950 per month and as high as $1,430 per month. An owner looking to use this property as an investment could bring a return in the area of $950 - $1,430 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
08/01/22 08/31/22 Preforeclosure Carrington Mortgage Service...
06/24/22 08/31/22 Preforeclosure

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Homes On This Street
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S Lowe Ave
Riverdale, IL 60827

2 Beds   1 Bath   972 sq. ft.   Single-Family

$49,500

Status: Inactive Listing ID: 58932198

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-Lowe-Ave-Riverdale-IL-60827/58932198_lid

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