2.5 Baths   2,002 Sq. Ft.   Townhome
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N Silver Oaks Dr
Round Lake Beach, IL 60073

*Rental Value Coming Soon

Overview

This Townhome is located at N Silver Oaks Dr, Round Lake Beach, IL 60073. 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 2.5 Baths , 2,002 sqft of living space.
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Status: Inactive
Listing ID: 16259477
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Learn about N Silver Oaks Dr in Round Lake Beach, IL

This townhome property is available as a preforeclosure at N Silver Oaks Dr. It has bedrooms, 2.5 bathrooms, and 2,002 square feet of living space. Based on our analysis of the current market conditions in Round Lake Beach for N Silver Oaks 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 N Silver Oaks Dr are updated daily along with others in Round Lake Beach, Illinois.


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Property Information

  • Bathrooms: 2.5
  • Living Area Size: 2,002
  • Year Built: 1997
  • Day(s) On Site: 5172
  • Sale Type: FORECLOSURE
  • Subdivision: SILVER OAKS 04 RESUB
  • Property Type: Townhouse
  • Plaintiff: GMAC MORTGAGE CORP
  • Owner First Name: RONALD
  • Owner Last Name: GAMMAD
  • Case Number: 09CH1592
  • Recording Date: 03-31-2009
  • Judgment Date: 01-01-2009
  • Judgment Value: $321,895
  • Input Date: 04-02-2009
  • Attorney Law Firm: CODILIS & ASSOCIATES PC
  • Attorney Firm Phone: (630) 794-5300
  • Deed Category: NOD
  • Document Number: 6110387
  •  

Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Basement Sqft: 997
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 462
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Land Area Sqft: 8,276
  • Year Built: 1997
  • APN: 06-09-214-017-0000
  • Property Type: Single Family Residence
  • Township: LAKE VILLA
  • Living Sqft: 2,002
  • Garage: ATTACHED
  • Subdivision: SILVER OAKS 04 RESUB
  •  

Preforeclosure

The property located at N Silver Oaks Dr in Round Lake Beach, IL is listed as a Preforeclosure

The process of preforelcosure with properties like N Silver Oaks Dr in Round Lake Beach, 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.

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Loan Information

  • 1st Mortgage Date: 11-03-2006
  • 1st Mortgage Amount: $294,500
  • Mortgage Type: ARM

Legal Information

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County Information

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Listing History

Start Date End Date Listing Type Bank Name
07/28/22   Bankruptcy
07/21/09 07/21/10 Bankruptcy

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N Silver Oaks Dr
Round Lake Beach, IL 60073

2.5 Baths   2,002 sq. ft.   Townhome

 

Status: Inactive Listing ID: 16259477

Property Information

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Public Records

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Property Description

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Listing URL

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