4 Beds   3 Baths   2,883 Sq. Ft.   Single-Family
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Meadow Lake Dr
Richton Park, IL 60471

*Rental Value Coming Soon


This Single-Family is located at Meadow Lake Dr, Richton Park, IL 60471. 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 4 Beds, 3 Baths , 2,883 sqft of living space.
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Status: Inactive
Listing ID: 58259644
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Learn about Meadow Lake Dr in Richton Park, IL

This single-family property is available as a preforeclosure at Meadow Lake Dr. It has 4 bedrooms, 3 bathrooms, and 2,883 square feet of living space. Based on our analysis of the current market conditions in Richton Park for Meadow Lake Dr and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Meadow Lake Dr are updated daily along with others in Richton Park, Illinois.

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Property Information

  • Bedrooms: 4
  • Bathrooms: 3
  • Living Area Size: 2,883
  • Lot Size: 0.22 acres
  • Year Built: 1995
  • Source ID: 79912
  • Day(s) On Site: 333
  • Parcel Number: 31-28-407-017
  • Property Type: Single Family Dwelling
  • Plaintiff: Pnc Bank
  • Defendant Name: ETHEL KNOX
  • Case Number: 22CH006437
  • Recording Date: 07-05-2022
  • Trustee Address: 15 W030 N Frontage Rd
  • Trustee City: Burr Ridge
  • Trustee State: IL
  • Trustee Zip: 60527
  • Trustee Phone: (630) 794-5300
  • Deed Category: LP


The property located at Meadow Lake Dr in Richton Park, IL is listed as a Preforeclosure

The process of preforelcosure with properties like Meadow Lake Dr in Richton Park, 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.


Loan Information

  • 1st Mortgage Date: 11-07-2014

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Meadow Lake Dr
Richton Park, IL 60471

4 Beds   3 Baths   2,883 sq. ft.   Single-Family


Status: Inactive Listing ID: 58259644

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