$89,634 EMV

Single-Family
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28th Ave W
Milan, IL 61264

Overview

This Single-Family Foreclosure is located at 28th Ave W, Milan, IL 61264. This property is currently bank owned with an estimated market value of $89,634.
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Status: Active
Listing ID: 63355391
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Homes near 28th Ave W in Milan, Illinois


Learn about 28th Ave W in Milan, IL

This single-family property is available as a foreclosure at 28th Ave W. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Milan, specifically for 28th Ave W and comparable listings. Based on this expert analysis, the estimated market value is $89,634. If purchased for rental purposes, the monthly rental rate could range between $1,010 and $1,370, 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 28th Ave W are updated daily along with others in Milan, Illinois, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for 28th Ave W below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Buy this home for as little as

Plus with taxes and insurance

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

Principal
Interest
Property Taxes
Homeowners Insurance
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.

Foreclosure Timeline

28th Ave W in Milan Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on 28th Ave W
View Foreclosure Status
03/19/25
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

What is the city of Milan, IL like?

Milan, Illinois is a quaint village located in Rock Island County. With a population of just over 5,000 residents, it boasts a strong sense of community. The area offers a mix of residential and rural living, making it an attractive option for families and those seeking a slower pace of life.

The village features various amenities, including parks, local businesses, and easy access to essential services. Residents enjoy a small-town atmosphere with a close-knit community vibe, fostering relationships that can last a lifetime.

Education is a priority in Milan, with several schools that provide quality education options for children. Additionally, the village is strategically located near larger cities, providing residents with easy access to urban conveniences while retaining the charm of a smaller community.

Nearby Schools

There are 3 schools in the area. Nearby schools include Milan School District and Milan High School.

Milan School District
Milan High School
Edwards Elementary School

Nearby Attractions

There are plenty of activities near this property like Milan Public Library, Milan Village Hall, and more.

Milan Public Library
Milan Village Hall
Local Community Center

What kind of public transportation is there?


Public transportation options include: Local bus services connecting to nearby cities, Ride-sharing services available for convenient travel. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Milan Community Park, Ridgewood Park and more.

Milan Community Park
Ridgewood Park
Milan Baseball Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile

Internet Providers

Comcast Xfinity
Frontier
Mediacom
Rental Chart
View Rental and Market Value
for 28th Ave W in Milan Illinois
View Market Value

Property Information

Public Records

Community & Neighborhood

This property in Milan, IL is located in the Hillcrest 2nd Add Subdivision.


Foreclosure

The property located at 28th Ave W in Milan, IL is listed as a Foreclosure

Properties like 28th Ave W in Milan, Illinois listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Milan, IL. The longer lenders own properties like this on 28th Ave W, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for 28th Ave W located in Milan, IL is $1,191/month. Comparable homes around 28th Ave W that are rentals have monthly ranges starting as low as $1,010 per month and as high as $1,370 per month. An owner looking to use this property as an investment could bring a return in the area of $1,010 - $1,370 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
03/19/25   Foreclosure
10/14/24 01/21/25 Preforeclosure US BANK
03/20/24 11/19/24 Preforeclosure US Bank National Association
12/28/12 06/28/15 Tax Lien

Similar Homes Nearby Milan, IL


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28th Ave W
Milan, IL 61264

Single-Family

$89,634 EMV

Status: Active Listing ID: 63355391

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=28th-Ave-W-Milan-IL-61264/63355391_lid

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