As-is Deals in Mundelein, IL

Foreclosure Homes in Mundelein, IL

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

Top Reasons To Live In Mundelein, IL In 2023

Mundelein is located in Lake, Illinois, with an estimated municipal population of 31,051 residents. All of the best foreclosed homes for sale in Mundelein are located in the following zip code areas on Foreclosure.com: 60060. The estimated population per square kilometer (.62 miles) in Mundelein is 1,257.

Cost Of Living In Mundelein, IL

So, about how much do homes cost in Mundelein? The most recent median value of resident-owned homes in Mundelein is 238,821. An estimated 74.4 percent of households in Mundelein own their homes, with an average family size of 3.36. The median household income in Mundelein is 93,027, with45 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mundelein, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Mundelein? If so, the average rent price paid by renters in Mundelein is 1,418, according to recent statistics.

Diversity And Demographics In Mundelein, 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 Mundelein, 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 Mundelein is 37.2, split between 50.7 percent male versus 49.3 female. The percentage of residents who report being married in Mundelein is 57.8, with an average family size of 3.36.

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

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

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

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

Pros And Cons Of Living In Mundelein, Illinois

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

• 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 Mundelein.

Reasons To Move To Mundelein, Illinois, In 2023

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