foreclosure Bank Owned
$166,738 (Market Value)

North Nordica Avenue, Chicago IL 60634

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North Nordica Avenue, Chicago IL
Market Value:
$166,738
(What's this?)
Bedrooms:5
Bathrooms:1
Property type:Single-Family Home
Size:1,124 sqft
Year built:1938
Added on site:92 days ago
Total views:11 (as of 5/22/12)
Nearby School:Alain Locke Charter Academy
Neighborhood:Montclare
Zip:60634
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Description provided by Realty Trac
Bank Repossessed. This property has completed the foreclosure process and is now owned by the foreclosing lender, which took title to the property for an estimated consideration (loan balance plus other fees and costs). Foreclosing lenders are often motivated to sell bank-owned properties (also known as REO, or Real Estate Owned) quickly because they are non-performing assets. Please register for a free trial with RealtyTrac to access complete information for this property, including full address, foreclosure details, lender information, and more.  View our Foreclosure Guides

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  • Contact information for owners, trustees, and lenders
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Foreclosure Types

Pre-Foreclosure
Auction
Bank Owned
 

Bank Owned (REO):

A property becomes a full-fledged foreclosure — sometimes referred to as a Real Estate Owned (REO) property — when it is repossessed by the foreclosing lender. The lender can take possession either through a deed-in-lieu-of foreclosure agreement with the owner during the pre-foreclosure period or through a winning bid at the public foreclosure auction. Foreclosing lenders are often motivated to sell these properties quickly because they are non-performing assets for their bottom line. Of the three stages of foreclosure, REOs are most likely to also be listed for sale with a real estate agent on the MLS, but not all REOs are listed yet — meaning buyers may have to contact the lender or servicer directly to make an offer. Read more about Bank Owned Foreclosures »

Foreclosure Guides

Buying bank-owned properties

If a lender takes ownership of a property, either through an agreement with the owner during pre-foreclosure or at public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. Check out the tips below to find out...

By RealtyTrac | 81 Comments

Beware of Hidden Costs

Liens not cleared by the auction are the buyer's responsibility. If you buy a property at a foreclosure auction, you may end up forking out more than just the winning bid amount to own the property free and clear. That's because some debts attached to the...

By RealtyTrac | 13 Comments

Contacting the owner or trustee and making an offer

Depending on the stage of the foreclosure process, you may need to contact the homeowner, trustee, or lender to make an offer and purchase the property. Review the tips below to find out whom to contact at each stage of the foreclosure process and how to make...

By RealtyTrac | 6 Comments

View all foreclosure guides »

Contact Info for N Nordica Ave

Agent:
Not available
Listing website

Location Information near N Nordica Ave

Property
Estimates
Schools
Amenities
Transit
$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
Type GreatSchools Rating Distance
Schools in Chicago Public School District 299
No public schools where found for this property and grade level.
Steinmetz Academic Center View Homes Public 2 1.0 mi
Alain Locke Charter Academy View Homes Public 7 6.6 mi
Locke Elementary School View Homes Public 3 0.5 mi
Dever Elementary School View Homes Public 6 0.7 mi
Bridge Elementary School View Homes Public 6 0.9 mi
Sayre Language Academy View Homes Public 5 1.6 mi
Locke Elementary School View Homes Public 3 0.5 mi
Dever Elementary School View Homes Public 6 0.7 mi
Bridge Elementary School View Homes Public 6 0.9 mi
Sayre Language Academy View Homes Public 5 1.6 mi
Chicago Academy View Homes Public 7 1.4 mi
Prosser Career Academy View Homes Public 2 2.4 mi
Foreman High School View Homes Public 1 2.5 mi
Taft High School View Homes Public 8 3.3 mi
Private Schools
No private schools where found for this property and grade level.
Our Saviour Lutheran School View Homes Private - 0.5 mi
Oak Park Christian Academy View Homes Private - 0.6 mi
St William School View Homes Catholic - 0.7 mi
St Celestine School View Homes Catholic - 0.8 mi
St Ferdinand School View Homes Catholic - 1.5 mi
Ombudsman School - Steinmetz View Homes Private - 0.3 mi
Oak Park Christian Academy View Homes Private - 0.6 mi
St William School View Homes Catholic - 0.7 mi
St Celestine School View Homes Catholic - 0.8 mi
St Ferdinand School View Homes Catholic - 1.5 mi
Ombudsman School - Steinmetz View Homes Private - 0.3 mi
Notre Dame High School For Girls View Homes Catholic - 1.5 mi
St Patrick High School View Homes Catholic - 1.5 mi
Guerin College Preparatory School View Homes Catholic - 1.6 mi
Trinity High School View Homes Catholic - 2.5 mi
indicates schools assigned to this home. School data provided by OnBoard Informatics. Boundaries provided by Maponics.
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Home Estimates near N Nordica Ave

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