foreclosure Bank Owned
$65,328 (Market Value)

South Parnell Avenue, Chicago IL 60628

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South Parnell Avenue, Chicago IL
Market Value:
$65,328
(What's this?)
Bedrooms:—
Bathrooms:2
Property type:Single-Family Home
Size:1,332 sqft
Year built:1924
Added on site:91 days ago
Total views:5 (as of 5/22/12)
Nearby School:West Pullman Elementary School
Neighborhood:West Pullman
Zip:60628
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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

Be Ready Before Bidding Begins

Buying a property at a public foreclosure auction is not for the faint at heart. It usually requires patience, persistence and a fair amount of cash, since most state foreclosure laws stipulate that the winning bidder pay all or part of the winning bid on...

By RealtyTrac | 16 Comments

Checklist to buy properties in pre-foreclosure

Buying a property in pre-foreclosure involves approaching the borrower/owner and offering to buy the property outright. It is during this time that an investor can typically make the largest profits and can negotiate a deal that may be favorable for all parties...

By RealtyTrac | 14 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

View all foreclosure guides »

Contact Info for S Parnell Ave

Agent:
Not available
Listing website

Location Information near S Parnell 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.
West Pullman Elementary School View Homes Public 2 0.3 mi
Christian Fenger High School View Homes Public 1 0.6 mi
Alex Haley Academy View Homes Public 3 0.4 mi
Songhai Learning Institute View Homes Public 1 0.6 mi
Higgins Community Academy View Homes Public 4 0.6 mi
Metcalfe Community Academy View Homes Public 3 0.8 mi
Alex Haley Academy View Homes Public 3 0.4 mi
Songhai Learning Institute View Homes Public 1 0.6 mi
Higgins Community Academy View Homes Public 4 0.6 mi
Metcalfe Community Academy View Homes Public 3 0.8 mi
Vivian E Summers School View Homes Public - 0.9 mi
Gwendolyn Brooks Preparatory Academy View Homes Public 9 1.3 mi
Morgan Park High School View Homes Public 7 1.7 mi
Julian High School View Homes Public 1 2.0 mi
Private Schools
No private schools where found for this property and grade level.
Salem Christian Academy View Homes Private - 0.9 mi
Sanders Academy Of Excellence View Homes Private - 1.0 mi
Roseland Christian School View Homes Private - 1.2 mi
Tabernacle Christian Academy View Homes Private - 1.3 mi
St Helena Of The Cross School View Homes Catholic - 2.0 mi
Salem Christian Academy View Homes Private - 0.9 mi
Sanders Academy Of Excellence View Homes Private - 1.0 mi
Roseland Christian School View Homes Private - 1.2 mi
Tabernacle Christian Academy View Homes Private - 1.3 mi
St Helena Of The Cross School View Homes Catholic - 2.0 mi
Morgan Park Academy View Homes Private - 2.2 mi
Banner School View Homes Private - 2.8 mi
Marist High School View Homes Catholic - 4.6 mi
New Covenent Christian Academy View Homes Private - 4.7 mi
Leo High School View Homes Catholic - 4.8 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 Parnell Ave

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