foreclosure Bank Owned
$75,819 (Market Value)

South Winchester Avenue, Chicago IL 60636

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South Winchester Avenue, Chicago IL
Market Value:
$75,819
(What's this?)
Bedrooms:—
Bathrooms:1
Property type:Single-Family Home
Size:888 sqft
Year built:1922
Added on site:91 days ago
Total views:1 (as of 5/22/12)
Nearby School:Randolph Magnet School
Neighborhood:West Englewood
Zip:60636
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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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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

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

Secrets to closing last-minute pre-foreclosure deals

If you're interested in investing in pre-foreclosure property, you should know that owners in default may not agree to sell until the last minute — sometimes only a few days before the public foreclosure auction. You'll need to act quickly and may even...

By RealtyTrac | 11 Comments

State foreclosure procedures

The foreclosure process varies somewhat from state to state, and depends primarily on whether the state uses mortgages or deeds of trust for the purchase of real property. Generally, states that use mortgages conduct judicial foreclosures, using the court...

By RealtyTrac | 11 Comments

View all foreclosure guides »

Contact Info for S Winchester Ave

Agent:
Not available
Listing website

Location Information near S Winchester 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.
Randolph Magnet School View Homes Public 2 0.3 mi
Harper High School View Homes Public 1 0.8 mi
Sir Miles Davis Magnet Academy View Homes Public 1 0.6 mi
Barton Elementary School View Homes Public 1 0.6 mi
Altgeld Elementary School View Homes Public 3 0.7 mi
O'toole Elementary School View Homes Public 1 0.7 mi
Shabazz Cs - Sizemore View Homes Public - 0.3 mi
Sir Miles Davis Magnet Academy View Homes Public 1 0.6 mi
Barton Elementary School View Homes Public 1 0.6 mi
O'toole Elementary School View Homes Public 1 0.7 mi
Chicago Int'l Cs - Ralph Ellison View Homes Public - 1.1 mi
Lindblom Math Science Academy View Homes Public 9 1.3 mi
Perspectives Leadership Cs View Homes Public - 1.6 mi
Perspectives Cntr Calumet High School View Homes Public - 1.6 mi
Private Schools
No private schools where found for this property and grade level.
Nativity Bvm School View Homes Catholic - 1.0 mi
St Sabina School View Homes Catholic - 1.2 mi
Timothy Lutheran School View Homes Private - 1.5 mi
Emmanuel Christian School View Homes Private - 1.5 mi
Academy St Benedict African View Homes Catholic - 1.5 mi
Nativity Bvm School View Homes Catholic - 1.0 mi
St Sabina School View Homes Catholic - 1.2 mi
Timothy Lutheran School View Homes Private - 1.5 mi
Emmanuel Christian School View Homes Private - 1.5 mi
Academy St Benedict African View Homes Catholic - 1.5 mi
St Rita Of Cascia High School View Homes Catholic - 1.0 mi
Maria High School View Homes Catholic - 1.2 mi
Leo High School View Homes Catholic - 1.6 mi
Infinity School Of Chicago View Homes Private - 2.3 mi
Luther High School South View Homes Private - 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 S Winchester Ave

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