2 Baths   2,212 Sq. Ft.   Multi-Family

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S Talman Ave,
Chicago, IL 60632

Status: Inactive
Listing ID: 49807671

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Property Information

  • Bathrooms: 2
  • Living Area Size: 2,212
  • Year Built: 1901
  • Days On Site: 1246
  • lien_holder_1: CICERO TOWN (IL) 1029954078 750
  • Sale Type: FORECLOSURE
  • Parcel Number: 19 12 427 011 0000
  • Property Type: Multi Family Dwelling
  • Owner First Name: SAMUEL
  • Owner Last Name: COCONE
  • 2nd Owner First Name: ROCIO
  • 2nd Owner Last Name: RIVERA
  • Case Number: 17CH007357
  • Recording Date: 05-24-2017
  • Judgment Date: 11-22-2016
  • Judgment Value: $183,603
  • Input Date: 05-30-2017
  • Attorney Firm Address: 33 W MONROE ST STE 1140
  • Attorney Firm City: CHICAGO
  • Attorney Law Firm: WIRBICKI LAW GROUP
  • Attorney Firm Phone: (312) 360-9455
  • Attorney Firm State: IL
  • Attorney Firm Zip: 60603
  • Deed Category: NOD
  • Document Number: 1022908325

Public Records

  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: FRAME
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 4,687
  • Year Built: 1901
  • APN: 19-12-427-011-0000
  • Property Type: Apartment
  • Front Footage: 37
  • Depth Footage: 125
  • Living Sqft: 2,212
  • Basement Finish Type: UNFINISHED


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

    Property Classification

  • Classification Id: Notice of Default
  • Classification Desc: Considered the first phase of the foreclosure process, a homeowner will receive this notice if he or she misses one or more mortgage payments in states that follow non-judicial foreclosure actions. This represents a great opportunity to purchase a home at a significantly reduced price before it is repossessed by a lender.

    Loan Information

  • 1st Mortgage Date: 06-07-2010
  • 1st Mortgage Amount: $200,002
  • Mortgage Interest Rate: 370
  • Mortgage Term: 30
  • Mortgage Type: CONVENTIONAL

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Listing History

Start Date End Date Listing Type Bank Name
05/20/19 01/22/20 Foreclosure
05/08/18 06/19/18 Preforeclosure
10/09/17 03/02/18 Preforeclosure

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.


Chicago, IL
Home Inspectors

Engle Home Inspections
Karl D. Engle
Edgar Hayes
Brad Haugen Home Inspections, Inc.
Bradley C. Haugen ACI
Buyers Protection Group Inspections
Lesley (Les) W Glowacz
JRW Property Inspection and Consulting LLC
Jerry Woznyj

S Talman Ave
Chicago, IL 60632

2 Baths   2,212 sq. ft.   Multi-Family


Status: Inactive Listing ID: 49807671

Property Information

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Public Records

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Property Description

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