2 Beds   1 Bath   840 Sq. Ft.   Single-Family
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S Carpenter St
Chicago, IL 60643

Overview

This Single-Family Preforeclosure is located at S Carpenter St, Chicago, IL 60643. It has 2 Beds, 1 Bath , 840 sqft of living space. This property is currently in auction.
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Status: Inactive
Listing ID: 57322972

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 840
  • Lot Size: 0.14 acres
  • Year Built: 1915
  • Source ID: 29926978
  • Day(s) On Site: 211
  • Subdivision: HALSTED STREET ADD WAS
  • Parcel Number: 25-08-211-012
  • Property Type: Single Family Dwelling
  • Plaintiff: Lakeview Loan Servicing LLC
  • Defendant Name: TIMOTHY L JACKSON
  • Case Number: 19CH009638
  • Recording Date: 04-06-2022
  • Trustee Address: 1771 W Diehl Rd
  • Trustee Name: ANSELMO LINDBERG & ASSOCIATES LLC
  • Trustee City: Naperville
  • Trustee State: IL
  • Trustee Zip: 60563
  • Trustee Phone: (630) 453-6960
  • 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: 6,250
  • Year Built: 1911
  • APN: 25-08-211-012-0000
  • Property Type: Single Family Residence
  • Living Sqft: 840
  • Basement Finish Type: UNFINISHED
  • Garage: DETACHED
  • Subdivision: HALSTED STREET ADD WAS
  •  

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: 05-06-2022
  • Auction Time: 10:30 AM
  • Auction Address: 1 S Wacker Dr Ste 2400
  • Auction City: Chicago

    Loan Information

  • 1st Mortgage Date: 05-13-2013

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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 Carpenter St
Chicago, IL 60643

2 Beds   1 Bath   840 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57322972

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=57322972

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