Single-Family
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Bruce Ave
Milan, IL 61264

*Rental Value Coming Soon

Overview

This Single-Family is located at Bruce Ave, Milan, IL 61264. 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.
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Status: Inactive
Listing ID: 53047063

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Property Information

  • Lot Size: 0.47 acres
  • Source ID: 20461795
  • Day(s) On Site: 1101
  • Subdivision: BLACKHAWK VIEW ADD 04
  • Assessed Value: $55,490
  • Parcel Number: 1113550402058
  • Property Type: Single Family Dwelling
  • Case Number: 19 CH 34
  • Last Sale Amount: $137,000
  • Last Sale Date: 11-16-2004
  • Trustee Name: SHAPIRO KREISMAN AND ASSOCIATES LLC
  • Trustee Address: 2121 WAUKEGAN RD STE 301
  • Trustee City: BANNOCKBURN
  • Trustee State: IL
  • Trustee Zip: 60015
  • Trustee Phone: (847) 291-1717
  • Deed Category: NTS

Potential Home Value

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Public Records

  • Land Area Sqft: 20,691
  • APN: 11-1355040-2058
  • Property Type: Single Family Residence
  • Subdivision: BLACKHAWK VIEW ADD 04

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: 11-19-2019
  • Auction Time: 09:00 AM
  • Auction Address: 1317 3RD AVE
  • Auction City: ROCK ISLAND

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Bruce Ave
Milan, IL 61264

Single-Family

 

Status: Inactive Listing ID: 53047063

Property Information

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Public Records

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Property Description

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Listing URL

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