Overview
This Multi-Family Foreclosure is located at W 54th Pl, Chicago, IL 60609. It has 9 Beds 4 Baths. This property is currently bank owned.
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This multi-family property is available as a foreclosure at W 54th Pl. This property features 9 bedrooms and 4 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 Chicago, specifically for W 54th Pl 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 W 54th Pl are updated daily along with others in Chicago, 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 W 54th Pl below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
There are 4 schools in the area. Nearby schools include Walter Payton College Preparatory High School and Lane Technical College Prep High School.
There are plenty of activities near this property like Chicago Public Library - Main Branch, Illinois Medical District, and more.
Public transportation options include: Chicago Transit Authority (CTA) provides extensive bus and train service throughout the city, making commuting convenient for residents. The 'L' train system connects downtown with neighborhoods., Metra commuter trains offer connections to suburbs and surrounding areas, providing further accessibility for those working outside the city.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Millennium Park, Lincoln Park and more.
Services available in the area include cellular and internet options.
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:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 08/01/25 | Foreclosure | ||
| 02/04/25 | 03/12/25 | Preforeclosure | |
| 01/27/25 | 03/11/25 | Preforeclosure | |
| 01/27/25 | 03/11/25 | Preforeclosure | Phh Mortgage Corp |
| 11/08/23 | 09/03/24 | Preforeclosure | PHH MORTGAGE CORPORATION |
| 02/02/17 | 03/04/17 | Foreclosure | |
| 11/28/14 | 02/09/15 | Preforeclosure | NATIONSTAR MORTGAGE LLC |
| 01/29/14 | 02/07/14 | Auction | |
| 08/09/13 | 02/06/16 | Tax Lien | |
| 01/04/13 | 02/09/15 | Preforeclosure | NATIONSTAR MORTGAGE |
| 01/04/13 | 10/31/13 | Preforeclosure | NATIONSTAR MORTGAGE |
| 09/26/12 | 06/15/13 | Short Sale |
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