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Foreclosure Homes in Chadwick, IL

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Chadwick, IL Foreclosures

How much do homes sell for in Chadwick, IL?
The average home price is currently $130,975.
In Chadwick, IL, how many homes are available?
There are currently 424 active home listings available in Chadwick.
What’s the average rental cost in Chadwick, IL?
The average rental price in Chadwick is $1,067.
What is the most expensive home in Chadwick, Illinois?
The most expensive home sold in Chadwick had a price of $795,000.
What is currently the cheapest priced home in Chadwick, IL?
The cheapest home for sale in Chadwick is priced at $15,136.

Home Value Estimator For Chadwick, IL

There are currently 424 real estate properties in Chadwick, IL, with a median automated valuation model (AVM) price of $104,298.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chadwick, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chadwick, IL, is $130,975.00, with the most expensive house in Chadwick, IL, topping out at $795,000.00 and the cheapest home in Chadwick, IL, clocking in at $15,136.00. In other words, there’s something for every potential homebuyer or savvy investor in Chadwick, IL!


Rent Prices In Chadwick, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chadwick, IL, is on a rollercoaster ride. The average rent price in Chadwick, IL, is $1,067.00. Indeed, when looking to rent in Chadwick, IL, you can expect to pay as little as $640.00 or as much as $1,780.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Chadwick, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Chadwick, IL In 2024

Chadwick is located in Carroll, Illinois, with an estimated municipal population of 516 residents. All of the best foreclosed homes for sale in Chadwick are located in the following zip code areas on Foreclosure.com: 61014. The estimated population per square kilometer (.62 miles) in Chadwick is 639.


Cost Of Living In Chadwick, IL

So, about how much do homes cost in Chadwick? The most recent median value of resident-owned homes in Chadwick is 72,447. An estimated 79.6 percent of households in Chadwick own their homes, with an average family size of 2.68. The median household income in Chadwick is 46,875, with12.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chadwick, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Chadwick? If so, the average rent price paid by renters in Chadwick is 714, according to recent statistics.


Diversity And Demographics In Chadwick, 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 Chadwick, 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 Chadwick is 49.6, split between 53.6 percent male versus 46.4 female. The percentage of residents who report being married in Chadwick is 55.9, with an average family size of 2.68.

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

White 97.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0.6%

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

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

Under 10 8%
Aged 10-19 12.5%
20s 12.2%
30s 8.4%
40s 9.9%
50s 10.8%
60s 15.4%
70s 16.6%
80+ 6.2%

Best Schools In Chadwick, 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 Chadwick with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chadwick.


Pros And Cons Of Living In Chadwick, Illinois

How do you know that living in -- or moving to -- Chadwick is right where you need to be? Perhaps you grew up in Chadwick or already live nearby; therefore, the decision to buy a home in Chadwick is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chadwick 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 Chadwick:

  • 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 Chadwick.


Reasons To Move To Chadwick, Illinois, In 2024

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

Chadwick, IL Foreclosures


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