2 Baths   2,030 Sq. Ft.   Multi-Family
Get the Preforeclosure Address

S Muskegon Ave
Chicago, IL 60617

Overview

This Multi-Family Preforeclosure is located at S Muskegon Ave, Chicago, IL 60617. It has 2 Baths , 2,030 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 40361397

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Property Information

  • Bathrooms: 2
  • Living Area Size: 2,030
  • Year Built: 1891
  • Day(s) On Site: 3311
  • Comments: ADDL PIN 21-31-217-014-0000
  • Sale Type: JUDICIAL SALES CORP
  • Subdivision: ALFRED COWLES ADD CHIC
  • Parcel Number: 21 31 217 013 0000
  • Property Type: Multi Family Dwelling
  • Plaintiff: WELLS FARGO BANK
  • Owner First Name: MARIBEL
  • Owner Last Name: ROSARIO
  • Case Number: 10CH0023261
  • Recording Date: 06-02-2010
  • Judgment Date: 12-01-2009
  • Judgment Value: $224,402
  • Input Date: 07-24-2013
  • Attorney Law Firm: PIERCE & ASSOCIATES
  • Attorney Firm Phone: (312) 476-5500
  • Deed Category: NFS
  • Document Number: 0911322057

Potential Home Value

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Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 2
  • Parking: DETACHED GARAGE
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,125
  • Year Built: 1891
  • APN: 21-31-217-013-0000
  • Property Type: Apartment
  • Living Sqft: 2,030
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: MULTI-FAMILY
  • Subdivision: ALFRED COWLES ADD CHIC

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins 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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Auction Information

  • Auction Date: 08-30-2013
  • Auction Time: 10:30 AM
  • Auction Location: 1 S WACKER DR STE 2400 CHICAGO 60606

    Loan Information

  • 1st Mortgage Date: 04-10-2009
  • 1st Mortgage Amount: $225,834
  • Mortgage Type: FHA

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Chicago, IL
Home Inspectors
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
True Blue Home Inspections, Inc.
James Clark
3129250166
Pentagon Inspections & Services, Inc
Jonathan Howard
3127249000
Reliant Inspection Service Corp.
Fidel F. Gonzales
630-935-7170
Homes On This Street
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S Muskegon Ave
Chicago, IL 60617

2 Baths   2,030 sq. ft.   Multi-Family

Active 

Status: Inactive Listing ID: 40361397

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/index.html?&listingid=40361397

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