Foreclosure Homes in Cottage Hills, IL

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5 View this home at Virginia Ave Cottage Hills IL 62018
$71,842 EMV
Virginia Ave
Cottage Hills, IL 62018
3 |
EST. RENT: $1,171
AUCTION: 05-07-2024
3 |
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Cottage Hills, IL Foreclosures

How much do homes sell for in Cottage Hills, IL?
The average home price is currently $94,802.
In Cottage Hills, IL, how many homes are available?
There are currently 1,162 active home listings available in Cottage Hills.
What’s the average rental cost in Cottage Hills, IL?
The average rental price in Cottage Hills is $1,029.
What is the most expensive home in Cottage Hills, Illinois?
The most expensive home sold in Cottage Hills had a price of $2,906,000.
What is currently the cheapest priced home in Cottage Hills, IL?
The cheapest home for sale in Cottage Hills is priced at $20,042.

Home Value Estimator For Cottage Hills, IL

There are currently 1,162 real estate properties in Cottage Hills, IL, with a median automated valuation model (AVM) price of $84,328.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cottage Hills, 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 Cottage Hills, IL, is $94,802.00, with the most expensive house in Cottage Hills, IL, topping out at $2,906,000.00 and the cheapest home in Cottage Hills, IL, clocking in at $20,042.00. In other words, there’s something for every potential homebuyer or savvy investor in Cottage Hills, IL!

Rent Prices In Cottage Hills, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cottage Hills, IL, is on a rollercoaster ride. The average rent price in Cottage Hills, IL, is $1,029.00. Indeed, when looking to rent in Cottage Hills, IL, you can expect to pay as little as $620.00 or as much as $2,520.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Cottage Hills, 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 Cottage Hills, IL In 2024

All of the best foreclosed homes for sale in Cottage Hills are located in the following zip code areas on 62018. The estimated population per square kilometer (.62 miles) in Cottage Hills is 761.9.

Diversity And Demographics In Cottage Hills, 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 Cottage Hills, 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.

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

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

Pros And Cons Of Living In Cottage Hills, Illinois

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

  • 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 Cottage Hills.

Reasons To Move To Cottage Hills, 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 Cottage Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cottage Hills, meanwhile, can field multiple offers from more qualified buyers.

Cottage Hills, IL Foreclosures


Listing types in Cottage Hills, IL

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