Overview
This Condo Tax Lien is located at Cypress Dr # 41a, Country Club Hills, IL 60478. This property is Tax Lien with an estimated market value of $149,976.
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This condo property is available as a tax lien at Cypress Dr # 41a. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Country Club Hills, specifically for Cypress Dr # 41a and comparable listings. Based on this expert analysis, the estimated market value is $149,976. If purchased for rental purposes, the monthly rental rate could range between $1,181 and $1,600, 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 Cypress Dr # 41a are updated daily along with others in Country Club Hills, Illinois, ensuring you have the most current and accurate information.
There are 3 schools in the area. Nearby schools include Country Club Hills School District and Richard E. Byrd Elementary School.
There are plenty of activities near this property like Country Club Hills Library, Cultural Center, and more.
Public transportation options include: Bus service provided by Pace, connecting residents to the surrounding suburbs and train stations for access to downtown Chicago., Nearby train stations offer commuter rail services for ease of travel into the city.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Country Club Hills Park, Kenny Park and more.
Services available in the area include cellular and internet options.
This property in Country Club Hills, IL is located in the Country Club Estates Condomini Subdivision.
The property located at Cypress Dr # 41a in Country Club Hills, IL is listed as a Tax Lien
The property located at Cypress Dr # 41a in Country Club Hills, Illinois has a tax lien. When annual property taxes are delinquent, a lien is immediately placed against the property that must be paid in full before it can be sold. If a homeowner fails to pay his or her real estate taxes, the government or other taxing entity may attempt to sell the property. For this reason, valuable properties may sometimes be acquired for a fraction of their true value.Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
Here are the basic steps to follow:
There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Cypress Dr # 41a located in Country Club Hills, IL is $1,390/month. Comparable homes around Cypress Dr # 41a that are rentals have monthly ranges starting as low as $1,181 per month and as high as $1,600 per month. An owner looking to use this property as an investment could bring a return in the area of $1,181 - $1,600 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.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 12/13/24 | Tax Lien |
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Excalibur Dr
Orlando, FL
| 3 BEDS |
2 BATHS |
1,387 SQUARE FEET |
Single-Family PROPERTY TYPE |
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