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Foreclosure Homes in Berkeley, IL

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W Hawthorne Ave
Berkeley, IL 60163

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Foreclosure Homes in Berkeley, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Berkeley, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Berkeley, IL and much more. Save thousands at closing with home foreclosure listings in Berkeley, IL — up to 75% off market value!


Top Reasons To Live In Berkeley, IL In 2021

Berkeley is located in Cook, Illinois, with an estimated municipal population of 5,048 residents. All of the best foreclosed homes for sale in Berkeley are located in the following zip code areas on Foreclosure.com: 60163. The estimated population per square kilometer (.62 miles) in Berkeley is 1,390.


Cost Of Living In Berkeley, IL

So, about how much do homes cost in Berkeley? The most recent median value of resident-owned homes in Berkeley is 177,925. An estimated 86.1 percent of households in Berkeley own their homes, with an average family size of 3.49. The median household income in Berkeley is 64,193, with32.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Berkeley, the median commute time of resident workers (in minutes) is 26.2. And last, but certainly not least, are you looking for homes to rent in Berkeley? If so, the average rent price paid by renters in Berkeley is 943, according to recent statistics.


Diversity And Demographics In Berkeley, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Berkeley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Berkeley is 38.7, split between 52.9 percent male versus 47.1 female. The percentage of residents who report being married in Berkeley is 47.8, with an average family size of 3.49.

The percentage of residents who report their race in Berkeley is as follows:

White 51.2%
Black / African American 29.2%
Asian 2.4%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0.7%
Multi-racial 2.6%
Other 13.3%

Looking for family-friendly neighborhoods in and/or near Berkeley? Or maybe you are searching for 55+ active adult communities in and/or near Berkeley?

The percentage of residents who report their age in Berkeley is as follows:

Under 10 12.2%
Aged 10-19 10.7%
20s 12.5%
30s 15.5%
40s 8.5%
50s 18.5%
60s 9.7%
70s 7.5%
80+ 4.8%

Best Schools In Berkeley, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Berkeley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Berkeley.


Pros And Cons Of Living In Berkeley, Illinois

How do you know that living in -- or moving to -- Berkeley is right where you need to be? Perhaps you grew up in Berkeley or already live nearby; therefore, the decision to buy a home in Berkeley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Berkeley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Berkeley:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Berkeley.


Reasons To Move To Berkeley, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Berkeley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Berkeley, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Berkeley, IL

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