Foreclosure Homes in Mackinaw, IL

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$78,333 EMV

S Main St
Mackinaw, IL 61755

2 Bed | 1 Bath | 885 Sq. Ft.

$106,835 EMV

E Madison St
Mackinaw, IL 61755

2 Bed | 2 Bath | 1,032 Sq. Ft.

$147,475 EMV

Heritage Dr
Mackinaw, IL 61755

3 Bed | 2 Bath | 1,296 Sq. Ft.


Davis Ln
Mackinaw, IL 61755

Tax Lien
$222,557 EMV

Park Trail Rd
Mackinaw, IL 61755

3 Bed | 1,617 Sq. Ft.

Tax Lien
$186,297 EMV

Heritage Dr
Mackinaw, IL 61755

3 Bed | 2 Bath | 1,198 Sq. Ft.

Tax Lien
$175,028 EMV

Fairfax Ct
Mackinaw, IL 61755

Tax Lien
$133,000 EMV

W 2nd St
Mackinaw, IL 61755

Tax Lien
$76,330 EMV

Westminster Dr
Mackinaw, IL 61755

3 Bed | 1.5 Bath | 1,248 Sq. Ft.

Tax Lien
$123,552 EMV

Heritage Dr
Mackinaw, IL 61755

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Home Value Estimator For Mackinaw, IL

There are currently 1,650 real estate properties in Mackinaw, IL, with a median automated valuation model (AVM) price of $171,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mackinaw, 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 Mackinaw, IL, is $181,373.00, with the most expensive house in Mackinaw, IL, topping out at $729,500.00 and the cheapest home in Mackinaw, IL, clocking in at $41,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Mackinaw, IL!

Rent Prices In Mackinaw, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mackinaw, IL, is on a rollercoaster ride. The average rent price in Mackinaw, IL, is $1,465.00. Indeed, when looking to rent in Mackinaw, IL, you can expect to pay as little as $790.00 or as much as $2,470.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Mackinaw, 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.

Foreclosure Homes in Mackinaw, IL

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

Top Reasons To Live In Mackinaw, IL In 2021

Mackinaw is located in Tazewell, Illinois, with an estimated municipal population of 1,884 residents. All of the best foreclosed homes for sale in Mackinaw are located in the following zip code areas on 61755. The estimated population per square kilometer (.62 miles) in Mackinaw is 613.

Cost Of Living In Mackinaw, IL

So, about how much do homes cost in Mackinaw? The most recent median value of resident-owned homes in Mackinaw is 137,123. An estimated 75.5 percent of households in Mackinaw own their homes, with an average family size of 2.91. The median household income in Mackinaw is 68,950, with26.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mackinaw, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Mackinaw? If so, the average rent price paid by renters in Mackinaw is 757, according to recent statistics.

Diversity And Demographics In Mackinaw, 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 Mackinaw, 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 Mackinaw is 38.5, split between 46.9 percent male versus 53.1 female. The percentage of residents who report being married in Mackinaw is 57.1, with an average family size of 2.91.

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

White 97.8%
Black / African American 1.1%
Asian 0%
American Indian / Alaskan Native 0.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.2%
Other 0%

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

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

Under 10 15.5%
Aged 10-19 15.8%
20s 8.6%
30s 13.7%
40s 16.5%
50s 12.6%
60s 7%
70s 6.3%
80+ 3.9%

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

Pros And Cons Of Living In Mackinaw, Illinois

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

  • 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 Mackinaw.

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


Listing types in Mackinaw, IL

These money-making opportunities can deliver huge savings on your next purchase.

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