$39,380 EMV

Single-Family

2517 S 14th St, Springfield, IL 62703

Overview

This possible Bankruptcy asset is located at S 14th St, Springfield, IL 62703. This property has an estimated market value of $39,380.
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Status: Active
Listing ID: 63647315
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Homes near 2517 S 14th St in Springfield, Illinois


Learn about 2517 S 14th St in Springfield, IL

Our team of real estate experts has conducted a thorough analysis of the current market conditions in Springfield, specifically for 2517 S 14th St and comparable listings. Based on this expert analysis, the estimated market value is $39,380. If purchased for rental purposes, the monthly rental rate could range between $720 and $980, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on 2517 S 14th St are updated daily along with others in Springfield, Illinois, ensuring you have the most current and accurate information.


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Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
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Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

Find out more about this property on S 14th St
View Bankruptcy Status
05/06/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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for S 14th St in Springfield Illinois
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Property Information

Public Records

Community & Neighborhood

This property in Springfield, IL is located in the Mildred Park Subdivision.


Bankruptcy

The property located at S 14th St in Springfield, IL is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 25-70460. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 06-02-2025. This listing at S 14th St in Springfield, Illinois is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact Marsha L Combs-skinner (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like Marsha L Combs-skinner, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. Marsha L Combs-skinner is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in Springfield, IL can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach Marsha L Combs-skinner to pursue your deal.

Contact Marsha L Combs-skinner to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

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County Information

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Rental Value

The estimated rental value for located in Springfield, IL is $850/month. Comparable homes around S 14th St that are rentals have monthly ranges starting as low as $720 per month and as high as $980 per month. An owner looking to use this property as an investment could bring a return in the area of $720 - $980 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
06/02/25   Bankruptcy
05/06/25 06/03/25 Preforeclosure
03/07/25 06/03/25 Preforeclosure
08/08/24 06/03/25 Preforeclosure DEUTSCHE BANK NATIONAL TRUS...
11/08/13 05/08/16 Tax Lien

Similar Homes Nearby Springfield, IL


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Homes On This Street
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S 14th St
Springfield, IL 62703

Single-Family

$39,380 EMV

Status: Active Listing ID: 63647315

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=2517-S-14th-St-Springfield-IL-62703

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