$124,512 EMV

3 Beds   1 Bath
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Sunset Dr
Mount Vernon, IL 62864


This is located at Sunset Dr, Mount Vernon, IL 62864. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 1 Bath.
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Status: Inactive
Listing ID: 59674267
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Learn about Sunset Dr in Mount Vernon, IL

This property is available as a preforeclosure at Sunset Dr. Based on our analysis of the current market conditions in Mount Vernon for Sunset Dr and comparable listings, the estimated market value is $124,512. If purchased for rental purposes, the monthly rental rate could range between $1,082 and $1,291. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sunset Dr are updated daily along with others in Mount Vernon, Illinois.

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Total Square Feet: 1,224
  • Year Built: 1956
  • Day(s) On Site: 115
  • Sale Type: Newly Foreclosed
  • Subdivision: SUNSET ADD
  • Source Status: Active
  • Deed Category: NFS

Public Records

  • APN: 06-25-377-040
  • Property Type: Single Family Residence
  • Township: SHILOH
  • Subdivision: SUNSET ADD


The property located at Sunset Dr in Mount Vernon, IL is listed as a Preforeclosure

The process of preforelcosure with properties like Sunset Dr in Mount Vernon, Illinois begin 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.


Auction Information

  • Auction Date: 05-17-2023

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Rental Value

The estimated rental value for Sunset Dr located in Mount Vernon, IL is $1,171/month. Comparable homes around Sunset Dr that are rentals have monthly ranges starting as low as $1,082 per month and as high as $1,291 per month. An owner looking to use this property as an investment could bring a return in the area of $1,082 - $1,291 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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Sunset Dr
Mount Vernon, IL 62864

3 Beds   1 Bath

$124,512 EMV

Status: Inactive Listing ID: 59674267

Property Information

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Public Records

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Property Description

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