$57,617 EMV

1 Bath   900 Sq. Ft.   Single-Family
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S Morgan St
Chicago, IL 60621

Overview

This Single-Family Tax Lien is located at S Morgan St, Chicago, IL 60621. It has 1 Bath , 900 sqft of living space. This property is Tax Lien with an estimated market value of $57,617.
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Status: Active
Listing ID: 59062066
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Learn about S Morgan St in Chicago, IL

This single-family property is available as a tax lien at S Morgan St. It has bedrooms, 1 bathrooms, and 900 square feet of living space. Based on our analysis of the current market conditions in Chicago for S Morgan St and comparable listings, the estimated market value is $57,617. If purchased for rental purposes, the monthly rental rate could range between $1,082 and $1,410. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at S Morgan St are updated daily along with others in Chicago, Illinois.


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Tax Lien

When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.

First Steps to Buying a Tax Lien

Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.

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Rental Value

The estimated rental value for S Morgan St located in Chicago, IL is $1,230/month. Comparable homes around S Morgan St that are rentals have monthly ranges starting as low as $1,082 per month and as high as $1,410 per month. An owner looking to use this property as an investment could bring a return in the area of $1,082 - $1,410 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.


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Homes On This Street
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S Morgan St
Chicago, IL 60621

1 Bath   900 sq. ft.   Single-Family

$57,617 EMV

Status: Active Listing ID: 59062066

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=S-Morgan-St-Chicago-IL-60621/59062066_lid

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