$129,950


4 Beds   2 Baths   Single-Family

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S Whipple St,
Chicago, IL 60629

Potential Profit

$72,450

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Status: Active
Listing ID: 54984657

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
02/14/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $129,950. 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.

Property Information

Foreclosure

Properties 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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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.

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Chicago, IL
Home Inspectors

Nick Wehrheim
773-793-5824
Keeshin Inspection Services
Stuart Keeshin
773-871-2356
Applied Ethics Home Inspection, LLC
Perry Brown
312-437-5557
Jonathan Rogers
773-835-1703
JRW Property Inspection and Consulting LLC
Jerry Woznyj
773-774-4260
foreclosure.com

S Whipple St
Chicago, IL 60629

4 Beds   2 Baths   Single-Family

$129,950

Status: Active Listing ID: 54984657

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=S-Whipple-St-Chicago-IL-60629/54984657_lid

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