Foreclosure Homes in Bannockburn, IL

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Tax Lien
$1,280,355 EMV

Meadow Ln
Bannockburn, IL 60015

Tax Lien
$1,000,560 EMV

Bridle Ln
Bannockburn, IL 60015

| 3.5 Bath | 4,902 Sq. Ft.

Tax Lien
$873,331 EMV

High Terrace Ln
Bannockburn, IL 60015

| 3 Bath | 5,288 Sq. Ft.

Tax Lien
$967,733 EMV

Dunsinane Ln
Bannockburn, IL 60015

| 5 Bath | 6,412 Sq. Ft.

Tax Lien
$967,475 EMV

Bannockburn Ct
Bannockburn, IL 60015

| 4.5 Bath | 4,987 Sq. Ft.

Tax Lien
$797,085 EMV

Half Day Rd
Bannockburn, IL 60015

| 3 Bath | 2,884 Sq. Ft.

Tax Lien
$457,058 EMV

Stirling Rd
Bannockburn, IL 60015

Tax Lien
$766,190 EMV

Telegraph Rd
Bannockburn, IL 60015

Tax Lien
$3,372,015 EMV

High Terrace Ln
Bannockburn, IL 60015

Tax Lien
$1,427,405 EMV

Hilltop Ln
Bannockburn, IL 60015

Displaying 1 - 10 of 13

Home Value Estimator For Bannockburn, IL

There are currently 278 real estate properties in Bannockburn, IL, with a median automated valuation model (AVM) price of $871,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bannockburn, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bannockburn, IL, is $1,051,868.00, with the most expensive house in Bannockburn, IL, topping out at $4,499,000.00 and the cheapest home in Bannockburn, IL, clocking in at $300,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Bannockburn, IL!

Rent Prices In Bannockburn, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bannockburn, IL, is on a rollercoaster ride. The average rent price in Bannockburn, IL, is $4,696.00. Indeed, when looking to rent in Bannockburn, IL, you can expect to pay as little as $2,420.00 or as much as $5,500.00, with the average rent median estimated to be $4,720.00. The good news is that finding an affordable and desirable property to rent in Bannockburn, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Bannockburn, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bannockburn, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Bannockburn, IL and much more. Save thousands at closing with home foreclosure listings in Bannockburn, IL — up to 75% off market value!

Top Reasons To Live In Bannockburn, IL In 2021

Bannockburn is located in Lake, Illinois, with an estimated municipal population of 1,506 residents. All of the best foreclosed homes for sale in Bannockburn are located in the following zip code areas on 60015. The estimated population per square kilometer (.62 miles) in Bannockburn is 286.

Cost Of Living In Bannockburn, IL

So, about how much do homes cost in Bannockburn? The most recent median value of resident-owned homes in Bannockburn is 965,209. An estimated 74.1 percent of households in Bannockburn own their homes, with an average family size of 3.05. The median household income in Bannockburn is 117,917, with59 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bannockburn, the median commute time of resident workers (in minutes) is 19.5. And last, but certainly not least, are you looking for homes to rent in Bannockburn? If so, the average rent price paid by renters in Bannockburn is 1,065, according to recent statistics.

Diversity And Demographics In Bannockburn, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bannockburn, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Bannockburn is 22.8, split between 58.4 percent male versus 41.6 female. The percentage of residents who report being married in Bannockburn is 30.4, with an average family size of 3.05.

The percentage of residents who report their race in Bannockburn is as follows:

White 73.2%
Black / African American 12.6%
Asian 9.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 1.2%

Looking for family-friendly neighborhoods in and/or near Bannockburn? Or maybe you are searching for 55+ active adult communities in and/or near Bannockburn?

The percentage of residents who report their age in Bannockburn is as follows:

Under 10 6.1%
Aged 10-19 24.9%
20s 37%
30s 7.6%
40s 5.7%
50s 4.9%
60s 6.2%
70s 5.4%
80+ 2.2%

Best Schools In Bannockburn, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bannockburn with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bannockburn.

Pros And Cons Of Living In Bannockburn, Illinois

How do you know that living in -- or moving to -- Bannockburn is right where you need to be? Perhaps you grew up in Bannockburn or already live nearby; therefore, the decision to buy a home in Bannockburn is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bannockburn for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bannockburn:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bannockburn.

Reasons To Move To Bannockburn, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bannockburn can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bannockburn, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Bannockburn, IL

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