$345,824 EMV

Single-Family
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W Pheasant Trl
Mount Prospect, IL 60056

Overview

This Single-Family Foreclosure is located at W Pheasant Trl, Mount Prospect, IL 60056. This property is currently bank owned with an estimated market value of $345,824.
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Status: Active
Listing ID: 63488418
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Homes near W Pheasant Trl in Mount Prospect, Illinois


Learn about W Pheasant Trl in Mount Prospect, IL

This single-family property is available as a foreclosure at W Pheasant Trl. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Mount Prospect, specifically for W Pheasant Trl and comparable listings. Based on this expert analysis, the estimated market value is $345,824. If purchased for rental purposes, the monthly rental rate could range between $1,730 and $1,910, 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 W Pheasant Trl are updated daily along with others in Mount Prospect, 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 Pheasant Trl below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

W Pheasant Trl in Mount Prospect Illinois Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on W Pheasant Trl
View Foreclosure Status
04/21/25
Bank owned
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.

What is the city of Mount Prospect, IL like?

Mount Prospect is a vibrant suburban community located just northwest of Chicago. It boasts a lively downtown area filled with shops, restaurants, and local events that foster a strong sense of community among residents. The town is surrounded by beautiful parks and green spaces, offering plenty of opportunities for outdoor activities such as walking, biking, and picnicking.

Residents enjoy a family-friendly environment with highly-rated schools and educational institutions, making it an attractive area for families. The local schools are known for their strong academic performance and extracurricular programs, which further enhance the community’s appeal.

Transportation options are abundant in Mount Prospect, with easy access to major highways and the Metra train station providing convenient commuting to downtown Chicago. This connectivity allows residents to enjoy both suburban living and urban amenities.

Nearby Schools

There are 4 schools in the area. Nearby schools include Lincoln Middle School and Eugene Field Elementary School.

Lincoln Middle School
Eugene Field Elementary School
Prospect High School
Roosevelt Elementary School

Nearby Attractions

There are plenty of activities near this property like Mount Prospect Public Library, Mount Prospect Sportsplex, and more.

Mount Prospect Public Library
Mount Prospect Sportsplex
Countryside Park District
Forest Lake
Mount Prospect Community Center

What kind of public transportation is there?


Public transportation options include: Metra Commuter Rail - Mount Prospect Station, Pace Bus Services offer convenient local transport options.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Mount Prospect Park District, Busse Woods and more.

Mount Prospect Park District
Busse Woods
Souter Park
Melas 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 Fiber
WOW! Internet
Rental Chart
View Rental and Market Value
for W Pheasant Trl in Mount Prospect Illinois
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Property Information

Community & Neighborhood

This property in Mount Prospect, IL is located in the Elk Ridge Villa Subdivision.


Foreclosure

The property located at W Pheasant Trl in Mount Prospect, IL is listed as a Foreclosure

Properties like W Pheasant Trl in Mount Prospect, 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 Mount Prospect, IL. The longer lenders own properties like this on W Pheasant Trl, 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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Legal Information

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County Information

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Rental Value

The estimated rental value for W Pheasant Trl located in Mount Prospect, IL is $1,820/month. Comparable homes around W Pheasant Trl that are rentals have monthly ranges starting as low as $1,730 per month and as high as $1,910 per month. An owner looking to use this property as an investment could bring a return in the area of $1,730 - $1,910 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
04/21/25   Foreclosure

Similar Homes Nearby Mount Prospect, IL


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W Pheasant Trl
Mount Prospect, IL 60056

Single-Family

$345,824 EMV

Status: Active Listing ID: 63488418

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=W-Pheasant-Trl-Mount-Prospect-IL-60056/63488418_lid

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