1 Bath   1,285 Sq. Ft.
Get the Preforeclosure Address

S Cuyler Ave
Oak Park, IL 60304

Overview

This Preforeclosure is located at S Cuyler Ave, Oak Park, IL 60304. It has 1 Bath , 1,285 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 56281197

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,285
  • Year Built: 1907
  • Source ID: 21153113
  • Day(s) On Site: 486
  • Subdivision: F P WILSONS
  • Parcel Number: 16-17-124-020
  • Case Number: 19 CH 12066
  • Trustee Name: KELLEY KRONENBERG
  • Trustee City: CHICAGO
  • Trustee Address: 150 N MICHIGAN AVE STE 800
  • Trustee State: IL
  • Trustee Zip: 60601
  • Trustee Phone: (800) 484-4381
  • Trustee Reference Number: 41-551
  • Deed Category: NFS
  •  

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Public Records

  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Parking: DETACHED GARAGE
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 3,780
  • Year Built: 1907
  • APN: 16-17-124-020-0000
  • Property Type: Single Family Residence
  • Living Sqft: 1,285
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Style: BUNGALOW
  • Subdivision: F P WILSONS

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: 05-18-2021
  • Auction Time: 10:30 AM

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Oak Park, IL
Home Inspectors
Clearview Home Inspections, Inc
William Kent
312-833-2799
Premium Home Inspections
Rick F. Sabatino
708-383-2186
Property Guidance Inspection
Phil Gould
773-469-3390
Homes On This Street
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S Cuyler Ave
Oak Park, IL 60304

1 Bath   1,285 sq. ft.

 

Status: Inactive Listing ID: 56281197

Property Information

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Public Records

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Property Description

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Listing URL

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