Overview
This Single-Family Tax Lien is located at Lake Ridge Dr, Glendale Heights, IL 60139. It has 2 Beds 2.5 Baths , 1,378 sqft of living space. This property is Tax Lien with an estimated market value of $254,172.
Save money on this property now.
This single-family property is available as a tax lien at Lake Ridge Dr. This property features 2 bedrooms and 2.5 bathrooms, perfect for investment and/or your personal residence. With 1,378 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Glendale Heights, specifically for Lake Ridge Dr and comparable listings. Based on this expert analysis, the estimated market value is $254,172. If purchased for rental purposes, the monthly rental rate could range between $1,520 and $1,680, 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 Lake Ridge Dr are updated daily along with others in Glendale Heights, Illinois, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
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.
There are 3 schools in the area. Nearby schools include Glendale Heights Elementary School and Lake Park High School.
There are plenty of activities near this property like Glendale Heights Public Library, Glendale Heights Fitness Center, and more.
Public transportation options include: Pace Bus service connecting Glendale Heights to surrounding cities and the nearby Metra train stations.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Glendale Heights Community Park, Pottawatomie Park and more.
Services available in the area include cellular and internet options.
This property in Glendale Heights, IL is located in the Country Homes At Hidden Glen C Subdivision.
The property located at Lake Ridge Dr in Glendale Heights, IL is listed as a Tax Lien
The property located at Lake Ridge Dr in Glendale Heights, 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 Lake Ridge Dr located in Glendale Heights, IL is $1,600/month. Comparable homes around Lake Ridge Dr that are rentals have monthly ranges starting as low as $1,520 per month and as high as $1,680 per month. An owner looking to use this property as an investment could bring a return in the area of $1,520 - $1,680 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.
Status: Active
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Active
Status: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
CITIMORTGAGE INC
08/08/14 - 08/28/14Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
CITIMORTGAGE INC
05/30/13 - 09/23/14Status: Inactive
Status: Inactive
CITIMORTGAGE INC
05/30/13 - 03/26/14Status: Inactive
Status: Inactive
The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.
The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.
Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.
Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.
Calculate monthly mortgage payments with our easy mortgage loan calculator.
Copy the link below:
Millions of people receive foreclosure alerts daily, don't miss out.
Alert me about homes in that match this search.
By signing up for property alerts, I have read the Terms and Conditions of Service and agree to receive emails from Foreclosure.com.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
