Foreclosure Homes in Iroquois, IL

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View this home at E Lincoln Ave Iroquois IL 60945

| 0 Sq. Ft.

7 View this home at S Main St Iroquois IL 60945

4 Bed | 1 Bath | 2,173 Sq. Ft.

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Iroquois, IL Foreclosures

How much do homes sell for in Iroquois, IL?
The average home price is currently $110,055.
In Iroquois, IL, how many homes are available?
There are currently 39 active home listings available in Iroquois.
What’s the average rental cost in Iroquois, IL?
The average rental price in Iroquois is $939.
What is the most expensive home in Iroquois, Illinois?
The most expensive home sold in Iroquois had a price of $266,422.
What is currently the cheapest priced home in Iroquois, IL?
The cheapest home for sale in Iroquois is priced at $23,532.

Home Value Estimator For Iroquois, IL

There are currently 39 real estate properties in Iroquois, IL, with a median automated valuation model (AVM) price of $95,178.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Iroquois, 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 Iroquois, IL, is $110,055.00, with the most expensive house in Iroquois, IL, topping out at $266,422.00 and the cheapest home in Iroquois, IL, clocking in at $23,532.00. In other words, there’s something for every potential homebuyer or savvy investor in Iroquois, IL!

Rent Prices In Iroquois, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Iroquois, IL, is on a rollercoaster ride. The average rent price in Iroquois, IL, is $939.00. Indeed, when looking to rent in Iroquois, IL, you can expect to pay as little as $800.00 or as much as $1,380.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Iroquois, 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 Iroquois, IL In 2024

Iroquois is located in Iroquois, Illinois, with an estimated municipal population of 137 residents. All of the best foreclosed homes for sale in Iroquois are located in the following zip code areas on 60970 60945. The estimated population per square kilometer (.62 miles) in Iroquois is 93.

Cost Of Living In Iroquois, IL

So, about how much do homes cost in Iroquois? The most recent median value of resident-owned homes in Iroquois is 77,973. An estimated 88.3 percent of households in Iroquois own their homes, with an average family size of 2.73. The median household income in Iroquois is 61,250, with23.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Iroquois, the median commute time of resident workers (in minutes) is 30.8. And last, but certainly not least, are you looking for homes to rent in Iroquois? If so, the average rent price paid by renters in Iroquois is 910, according to recent statistics.

Diversity And Demographics In Iroquois, 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 Iroquois, 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 Iroquois is 46.3, split between 46.7 percent male versus 53.3 female. The percentage of residents who report being married in Iroquois is 40, with an average family size of 2.73.

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

White 80.2%
Black / African American 10.4%
Asian 1.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 8.2%
Other 0%

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

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

Under 10 12.6%
Aged 10-19 14.8%
20s 5.5%
30s 8.8%
40s 12%
50s 16.5%
60s 11%
70s 14.2%
80+ 4.4%

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

Pros And Cons Of Living In Iroquois, Illinois

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

  • 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 Iroquois.

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

Iroquois, IL Foreclosures


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