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Foreclosure Homes in Machesney Park, IL

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Talmadge-ave-Machesney-park-IL-61115
Foreclosure
$71,400 EMV

Talmadge Ave
Machesney Park, IL 61115

Superior-ave-Machesney-park-IL-61115
Preforeclosure

Superior Ave
Machesney Park, IL 61115

Drexel-blvd-Machesney-park-IL-61115
Preforeclosure
$93,415 EMV

Drexel Blvd
Machesney Park, IL 61115

3 Bed | 2 Bath | 1,086 Sq. Ft.

Segunda-ln-Machesney-park-IL-61115
Preforeclosure
$133,280 EMV

Segunda Ln
Machesney Park, IL 61115

Colonial-dr-Machesney-park-IL-61115
Preforeclosure

Colonial Dr
Machesney Park, IL 61115

3 Bed | 2 Bath | 849 Sq. Ft.

Wakefield-dr-Machesney-park-IL-61115
Preforeclosure
$86,426 EMV

Wakefield Dr
Machesney Park, IL 61115

3 Bed | 2 Bath | 1,770 Sq. Ft.

Gentian-dr-Machesney-pk-IL-61115
Preforeclosure
$105,060 EMV

Gentian Dr
Machesney Pk, IL 61115

| 0 Sq. Ft.

Edgewood-rd-Machesney-park-IL-61115
Preforeclosure
$168,522 EMV

Edgewood Rd
Machesney Park, IL 61115

| 0 Sq. Ft.

Lotus-ln-Machesney-park-IL-61115
Preforeclosure
$86,020 EMV

Lotus Ln
Machesney Park, IL 61115

| 0 Sq. Ft.

5 Safe-landing-dr-Machesney-park-IL-61115
Preforeclosure
$115,940 EMV

Safe Landing Dr
Machesney Park, IL 61115

3 Bed | 2.5 Bath | 1,352 Sq. Ft.

Displaying 1 - 10 of 351

Foreclosure Homes in Machesney Park, IL

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


Top Reasons To Live In Machesney Park, IL In 2021

Machesney Park is located in Winnebago, Illinois, with an estimated municipal population of 22,677 residents. All of the best foreclosed homes for sale in Machesney Park are located in the following zip code areas on Foreclosure.com: 61115. The estimated population per square kilometer (.62 miles) in Machesney Park is 690.


Cost Of Living In Machesney Park, IL

So, about how much do homes cost in Machesney Park? The most recent median value of resident-owned homes in Machesney Park is 120,642. An estimated 77.9 percent of households in Machesney Park own their homes, with an average family size of 2.95. The median household income in Machesney Park is 63,662, with24.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Machesney Park, the median commute time of resident workers (in minutes) is 22. And last, but certainly not least, are you looking for homes to rent in Machesney Park? If so, the average rent price paid by renters in Machesney Park is 956, according to recent statistics.


Diversity And Demographics In Machesney Park, 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 Machesney Park, 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 Machesney Park is 40.8, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Machesney Park is 52.9, with an average family size of 2.95.

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

White 91.6%
Black / African American 2.4%
Asian 1.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.7%
Other 1.7%

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

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

Under 10 11.1%
Aged 10-19 13%
20s 12.7%
30s 12.4%
40s 14.1%
50s 14.9%
60s 12%
70s 7.5%
80+ 2.5%

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


Pros And Cons Of Living In Machesney Park, Illinois

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

  • 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 Machesney Park.


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

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