$115,000

2 Beds   1 Bath   Single-Family
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N Walnut St
Onarga, IL 60955

Potential Profit
$21,257

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Status: Active
Listing ID: 63420537
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Homes near N Walnut St in Onarga, Illinois


Learn about N Walnut St in Onarga, IL

This single-family property is available as a foreclosure at N Walnut St. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Onarga, specifically for N Walnut St and comparable listings. Based on this expert analysis, the estimated market value is $118,428. This single-family has potential equity of $21,257. If purchased for rental purposes, the monthly rental rate could range between $940 and $1,141, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $21,257. 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 Walnut St are updated daily along with others in Onarga, 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 N Walnut St 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 Walnut St in Onarga Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on N Walnut St
View Foreclosure Status
04/18/25
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $115,000. 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 Onarga, IL like?

Onarga, Illinois, is a charming small town known for its tight-knit community and serene rural lifestyle. The area features beautiful landscapes, friendly locals, and a peaceful atmosphere that appeals to families and retirees alike. Residents enjoy the picturesque surroundings, with ample opportunities for outdoor activities such as hiking, biking, and fishing.

The town is equipped with essential amenities, including local shops, restaurants, and medical facilities, making it convenient for everyday living. Onarga also hosts various regional events and festivals that foster community spirit and attract visitors.

Education is a priority in Onarga, with several schools providing quality education to the local children. The town is served by a number of parks and recreational facilities, creating ideal spaces for family activities and relaxation. The surrounding area also offers excellent connectivity to neighboring towns and larger cities.

Nearby Schools

There are 3 schools in the area. Nearby schools include Onarga Academy and Onarga Public School.

Onarga Academy
Onarga Public School
Watseka Community High School

Nearby Attractions

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

Onarga Community Center
Onarga Library
Iroquois Memorial Hospital

What kind of public transportation is there?


Public transportation options include: Local bus services available, Access to regional train services in nearby towns. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Onarga Park, Watseka Park District and more.

Onarga Park
Watseka Park District
Iroquois County State Wildlife Area

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 Communications
Rental Chart
View Rental and Market Value
for N Walnut St in Onarga Illinois
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Property Information

Public Records

Foreclosure

The property located at N Walnut St in Onarga, IL is listed as a Foreclosure

Properties like N Walnut St in Onarga, 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 Onarga, IL. The longer lenders own properties like this on N Walnut St, 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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Contact Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for N Walnut St located in Onarga, IL is $1,072/month. Comparable homes around N Walnut St that are rentals have monthly ranges starting as low as $940 per month and as high as $1,141 per month. An owner looking to use this property as an investment could bring a return in the area of $940 - $1,141 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
04/18/25   Foreclosure
12/06/24 07/09/25 Foreclosure

Similar Homes Nearby Onarga, IL


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N Walnut St
Onarga, IL 60955

2 Beds   1 Bath   Single-Family

$115,000

Status: Active Listing ID: 63420537

Property Information

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Public Records

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Property Description

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Listing URL

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