Overview
This Condo Tax Lien is located at Gross Point Rd # C208, Skokie, IL 60077. This property is Tax Lien with an estimated market value of $340,915.
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This condo property is available as a tax lien at Gross Point Rd # C208. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Skokie, specifically for Gross Point Rd # C208 and comparable listings. Based on this expert analysis, the estimated market value is $340,915. If purchased for rental purposes, the monthly rental rate could range between $1,580 and $1,940, 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 Gross Point Rd # C208 are updated daily along with others in Skokie, Illinois, ensuring you have the most current and accurate information.
There are 4 schools in the area. Nearby schools include Skokie School District 73.5 and Niles North High School.
There are plenty of activities near this property like Skokie Public Library, Skokie Community Center, and more.
Public transportation options include: Skokie Swift (yellow line) provides direct access to the CTA, Multiple bus routes (Pace) traversing throughout the village for local travel, Easy access to Metra rail service for commuters. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Devonshire Park, Oakton Park and more.
Services available in the area include cellular and internet options.
The property located at Gross Point Rd # C208 in Skokie, IL is listed as a Tax Lien
The property located at Gross Point Rd # C208 in Skokie, 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.
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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 Gross Point Rd # C208 located in Skokie, IL is $1,760/month. Comparable homes around Gross Point Rd # C208 that are rentals have monthly ranges starting as low as $1,580 per month and as high as $1,940 per month. An owner looking to use this property as an investment could bring a return in the area of $1,580 - $1,940 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 |
|---|---|---|---|
| 01/12/24 | Tax Lien |
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Edgewood Ct N
Champlin, MN
| 5 BEDS |
2.5 BATHS |
2,084 SQUARE FEET |
Single-Family PROPERTY TYPE |
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