$121,465 EMV

Land
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S Muskegon Ave
Chicago, IL 60617

Status: Active
Listing ID: 57688735

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Foreclosure Timeline

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Pre-Foreclosure

Auction

Bank Owned

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03/03/22
Bank owned
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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
06/02/10
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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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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Rental Value

The estimated rental value for S Muskegon Ave located in Chicago, IL is $1,311/month. Comparable homes around S Muskegon Ave that are rentals have monthly ranges starting as low as $1,110 per month and as high as $1,510 per month. An owner looking to use this property as an investment could bring a return in the area of $1,110 - $1,510 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.


Chicago, IL
Home Inspectors
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Reliant Inspection Service Corp.
Fidel F. Gonzales
630-935-7170
True Blue Home Inspections, Inc.
James Clark
3129250166
Homes On This Street
View more homes on S Muskegon Ave
foreclosure.com

S Muskegon Ave
Chicago, IL 60617

Land

$121,465 EMV

Status: Active Listing ID: 57688735

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-Muskegon-Ave-Chicago-IL-60617/57688735_lid

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