2.5 Baths   4,060 Sq. Ft.
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Berkshire Ln
Lincolnshire, IL 60069

Status: Inactive
Listing ID: 55804120

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Property Information

  • Bathrooms: 2.5
  • Living Area Size: 4,060
  • Year Built: 1975
  • Source ID: 21115147
  • Day(s) On Site: 574
  • Subdivision: LINCOLNSHIRE SQUARE 04
  • Parcel Number: 15-13-305-001
  • Plaintiff: CSMC 2018 SP3 TRUST
  • Defendant Name: PARMACEK DAVID
  • Case Number: 19CH922
  • Trustee Name: JOHNSON BLUMBERG AND ASSOCIATES LLC
  • Trustee Address: 230 W. MONROE ST. SUITE 1125
  • Trustee City: CHICAGO
  • Trustee State: IL
  • Trustee Zip: 60606
  • Trustee Phone: (312) 541-9710
  • Trustee Reference Number: IL 19 7207
  • Deed Category: NFS
  • Mortgage Balance: $507,011
  •  

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Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 2
  • Basement Sqft: 1,232
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 506
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Land Area Sqft: 20,038
  • Effective Year Built: 1975
  • Year Built: 1972
  • APN: 15-13-305-001-0000
  • Property Type: Single Family Residence
  • Township: VERNON TOWNSHIP
  • Living Sqft: 4,060
  • Garage: ATTACHED
  • Subdivision: LINCOLNSHIRE SQUARE 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: 03-30-2021
  • Auction Time: 09:30 AM
  • Auction Address: 18 N COUNTY ST
  • Auction City: WAUKEGAN

    Loan Information

  • Mortgage Balance: $507,011

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Lincolnshire, IL
Home Inspectors
Illinois Inspection Consultants
Greg Owens
8473091408
Homes On This Street
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Berkshire Ln
Lincolnshire, IL 60069

2.5 Baths   4,060 sq. ft.

 

Status: Inactive Listing ID: 55804120

Property Information

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Public Records

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Property Description

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Listing URL

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