$188,646 EMV

1 Bath   1,248 Sq. Ft.   Single-Family
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N 30th Rd
Marseilles, IL 61341

Overview

This Single-Family Preforeclosure is located at N 30th Rd, Marseilles, IL 61341. It has 1 Bath , 1,248 sqft of living space. This property is currently in pre-foreclosure with an estimated market value of $188,646.
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Status: Active
Listing ID: 63761256
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Learn about N 30th Rd in Marseilles, IL

This single-family property is available as a preforeclosure at N 30th Rd. This property features bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 1,248 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 Marseilles, specifically for N 30th Rd and comparable listings. Based on this expert analysis, the estimated market value is $188,646. If purchased for rental purposes, the monthly rental rate could range between $1,100 and $1,388, 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 N 30th Rd are updated daily along with others in Marseilles, Illinois, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for N 30th Rd 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

N 30th Rd in Marseilles Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N 30th Rd
View Preforeclosure Status
06/13/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Marseilles, IL like?

Marseilles, Illinois, is a picturesque small town located along the banks of the Illinois River. With a close-knit community vibe, residents of Marseilles enjoy a serene lifestyle that blends the charm of rural living with convenient access to urban amenities. The town offers various parks, recreational activities, and local businesses that foster a sense of community.

The town is characterized by its family-friendly atmosphere, highlighted by several outdoor attractions such as parks, walking trails, and the scenic riverfront. Marseilles also features various local shops, cafes, and dining options that celebrate the local culture and history, making it a great place for both families and retirees.

Marseilles is served by various educational institutions, ensuring families have access to quality education. Its location near larger cities like Ottawa and Joliet provides easy access to further educational, recreational, and employment opportunities. This makes Marseilles an appealing spot for those seeking a relaxing yet connected lifestyle.

Nearby Schools

There are 3 schools in the area. Nearby schools include Marseilles Elementary School and Marseilles Middle School.

Marseilles Elementary School
Marseilles Middle School
Seneca High School

Nearby Attractions

There are plenty of activities near this property like Marseilles Public Library, Marseilles Community Center, and more.

Marseilles Public Library
Marseilles Community Center
Bureau County Hospital

What kind of public transportation is there?


Public transportation options include: Pace Bus service to nearby cities, Access to Amtrak services in Ottawa, IL. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Marseilles City Park, Riverfront Park and more.

Marseilles City Park
Riverfront Park
Channahon State 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
AT&T
Mediacom
Rental Chart
View Rental and Market Value
for N 30th Rd in Marseilles Illinois
View Market Value

Property Information

Preforeclosure

The property located at N 30th Rd in Marseilles, IL is listed as a Preforeclosure

This listing located at N 30th Rd in Marseilles, IL could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Marseilles, Illinois is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Marseilles, IL, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Marseilles, Illinois doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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AVM Analysis

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for N 30th Rd located in Marseilles, IL is $1,220/month. Comparable homes around N 30th Rd that are rentals have monthly ranges starting as low as $1,100 per month and as high as $1,388 per month. An owner looking to use this property as an investment could bring a return in the area of $1,100 - $1,388 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
06/13/25   Preforeclosure Pennymac Loan Services
02/02/23 11/29/23 Preforeclosure PENNYMAC LOAN SERVICES LLC
02/02/23 11/29/23 Preforeclosure Pennymac Loan Services LLC
05/20/20 09/03/20 Bankruptcy

Similar Homes Nearby Marseilles, IL


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Homes On This Street
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N 30th Rd
Marseilles, IL 61341

1 Bath   1,248 sq. ft.   Single-Family

$188,646 EMV

Status: Active Listing ID: 63761256

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=N-30th-Rd-Marseilles-IL-61341/63761256_lid

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