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Northern Dancer Ln
Saint Charles, IL 60175

*Rental Value Coming Soon

Overview

This Preforeclosure is located at Northern Dancer Ln, Saint Charles, IL 60175. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 63284934
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Homes near Northern Dancer Ln in Saint Charles, Illinois


Learn about Northern Dancer Ln in Saint Charles, IL

This property is available as a preforeclosure at Northern Dancer Ln. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Saint Charles, specifically for Northern Dancer Ln and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Northern Dancer Ln are updated daily along with others in Saint Charles, 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 Northern Dancer Ln below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Northern Dancer Ln in Saint Charles Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Northern Dancer Ln
View Preforeclosure Status
02/24/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Saint Charles, IL like?

Saint Charles, IL, is a vibrant town located along the Fox River that provides a picturesque setting for residents and visitors alike. With its charming downtown area filled with unique shops, cafes, and restaurants, it offers a perfect blend of suburban serenity and urban amenities. The area boasts a rich history, with beautifully preserved historic buildings and a community that celebrates its heritage through various festivals and events throughout the year.

This family-friendly community is known for its excellent public schools, making it a desirable location for families seeking quality education for their children. The town offers numerous parks and recreational facilities, including walking and biking trails along the river, playgrounds, and sports complexes that cater to various age groups and interests.

Saint Charles is conveniently located near major highways, providing easy access to nearby cities like Chicago and Aurora. Public transportation options are available, making commuting a breeze for those who work in the larger metropolitan areas. With a strong sense of community, residents often engage in local events and activities, fostering a warm and welcoming environment.

Nearby Schools

There are 5 schools in the area. Nearby schools include Richmond Intermediate School and Larkin High School.

Richmond Intermediate School
Larkin High School
Pottawatomie Elementary School
Saint Charles East High School
Saint Charles North High School

Nearby Attractions

There are plenty of activities near this property like Saint Charles Public Library, Fox Valley Family YMCA, and more.

Saint Charles Public Library
Fox Valley Family YMCA
Delnor Hospital
Pottawatomie Community Center
The Arc of the Fox Valley

What kind of public transportation is there?


Public transportation options include: Metra's Union Pacific-West line providing train service to Chicago., Local Pace buses connecting residents to nearby towns and cities., Ride-sharing services are widely available throughout the area.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Pottawatomie Park, James O. Breen Community Park and more.

Pottawatomie Park
James O. Breen Community Park
Primrose Farm Park
Minnie M. Haskin Park
Fox River Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Xfinity
AT&T
WOW! Internet
Frontier
Sparklight
Rental Chart
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for Northern Dancer Ln in Saint Charles Illinois
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Property Information

Preforeclosure

The property located at Northern Dancer Ln in Saint Charles, IL is listed as a Preforeclosure

This listing located at Northern Dancer Ln in Saint Charles, 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 Saint Charles, Illinois is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Saint Charles, 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 Saint Charles, 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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Legal Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
02/24/25   Preforeclosure
12/02/15 09/08/16 Preforeclosure

Similar Homes Nearby Saint Charles, IL


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Northern Dancer Ln
Saint Charles, IL 60175

 

Status: Active Listing ID: 63284934

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Northern-Dancer-Ln-Saint-Charles-IL-60175/63284934_lid

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