Foreclosures in Cook County IL     

Preparing to Buy a Foreclosure in Cook County Illinois

If you’re a buyer considering a foreclosure purchase, be sure you’ve evaluated the advantages and disadvantages of this type of transaction first. Buying a foreclosure requires careful budgeting, the right real estate team, and the mental resolve to see the purchase through.

Pros of Buying a Foreclosure in Cook County Illinois

The primary reason to consider purchasing a foreclosure is the potential for a great deal. The foreclosing lender typically doesn’t want to hold on to the home and may be willing to offer the property at a discount to get it off their books.

Home upgrades

Those willing to take the risk can use a home’s foreclosure status to their advantage, buying a larger property or in a more desirable neighborhood than otherwise possible. You’ll find foreclosures in every price range – from starter houses to luxury mansions – and occasionally the property is in great condition, ready for you to make it your home.

Financial gains

In the best scenario buying a foreclosure is also financially advantageous since the price you paid is below market rate. If the value of the home appreciates and you decide to sell, your investment could return even larger gains.

 

If you would like to contact me, please give me a ring, a text, or an email. My cell is 815-212-1313 and the email you can reach me is robertadillenburg@gmail.com

Found: 75
Avg: $223,797
Avg $ SqFt: $114
Search Area: Alsip, Arlington Heights, Barrington, Barrington Hills, Bartlett, Bellwood, Berkeley, Berwyn, Blue Island, Bridgeview, Broadview, Brookfield, Buffalo Grove, Burbank, Burnham, Burr Ridge, Calumet City, Calumet Park, Chicago, Chicago Heights, Chicago Ridge, Cicero, Country Club Hills, Countryside, Crestwood, Des Plaines, Dixmoor, Dolton, East Hazel Crest, Elgin, Elk Grove Village, Elmhurst, Elmwood Park, Evanston, Evergreen Park, Flossmoor, Ford Heights, Forest Park, Forest View, Franklin Park, Garden Homes, Glencoe, Glenview, Glenwood, Golf, Hanover Park, Harvey, Harwood Heights, Hazel Crest, Hickory Hills, Hillside, Hinsdale, Hodgkins, Hoffman Estates, Hometown, Homewood, Indian Head Park, Inverness, Justice, Kenilworth, La Grange, La Grange Highlands, La Grange Park, Lansing, Lemont, Leyden Township, Lincolnwood, Lynwood, Lyons, Markham, Matteson, Maywood, Mccook, Melrose Park, Merrionette Park, Midlothian, Morton Grove, Mount Prospect, Niles, Norridge, North Riverside, Northbrook, Northfield, Northlake, Norwood Park Townshi, Nottingham Park, Oak Forest, Oak Lawn, Oak Park, Olympia Fields, Orland Hills, Orland Park, Palatine, Palos Heights, Palos Hills, Palos Park, Park Forest, Park Ridge, Phoenix, Posen, Prospect Heights, Richton Park, River Forest, River Grove, Riverdale, Riverside, Robbins, Rolling Meadows, Roselle, Sauk Village, Schaumburg, Schiller Park, Skokie, South Barrington, South Chicago Height, South Holland, Steger, Stickney, Stone Park, Streamwood, Summit, Thornton, Tinley Park, Westchester, Western Springs, Wheeling, Willow Springs, Wilmette, Winnetka, Worth
Price: $0 to $800,000
Sale Type: Foreclosure
Show:
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  Page 1 of 4  
 
$10,500
13831 South Wentworth Avenue, Riverdale IL 60827
1
BEDS
0
BATHS
900
SQFT
$12
$/SQFT
0.11
ACRES
1942
BUILT
"SINGLE FAMILY HOME FOR SALE AT A GREAT PRICE. THIS HOME IS IN NEED OF REPAIR AND BEING SOLD AS-IS. GREAT INVESTMENT / REHAB OPPORTUNITY FOR THIS PRICE. SPECIAL WARRANTY DEED AT CLOSING, NOT BANK OWNED. SELLER IS MOTIVATED AND MAY FINANCE FOR QUALIFIED BUYERS. 0% TAX PRORATIONS OFFERED, BUT ALL TAX THAT IS OWED WILL BE PAID. NO SURVEY PAID BY SELLER, NO CREDITS AT CLOSING."
* LISTED OVER 120 DAYS  * PRICE LOWERED - $10,750 TO $10,500 
$14,500
14610 Des Plaines Street, Harvey IL 60426
3
BEDS
1
BATHS
4,687
SQFT
$3
$/SQFT
0.11
ACRES
1934
BUILT
"Investor Special Traditional 3 bedroom, 1 bath with large yard. Home ready for Rehab and priced to go. Close to Transportation. No survey, Buyer responsible for title, village inspections, repairs, fees and violations. Not an REO or short sale. All Taxes paid up to 2017, no current or future tax prorations. SOLD AS IS"
* PRICE LOWERED - $14,995 TO $14,500  * SHORT SALE 
$17,500
6215 South Throop Street, Chicago IL 60636
3
BEDS
2
BATHS
840
SQFT
$21
$/SQFT
0.08
ACRES
1906
BUILT
"Bank owned single family home awaits your TLC. Property is sold in as-is condition, 100% tax proration, no disclosures, no survey. TITLE NOT CLEAR DUE TO LIS PENDENS (BUILDING VIOLATION) - SOLD AS-IS and buyer will need to sign Hold Harmless Affidavit. The violations are very extensive and substantial repairs will be required to bring the property into compliance. Any buyer would be taking the property subject to the injunction and assume responsibility for addressing the violations and havi"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $20,000 TO $17,500 
$17,500
332 East 22nd Street, Chicago Heights IL 60411
3
BEDS
1
BATHS
900
SQFT
$19
$/SQFT
0.07
ACRES
1923
BUILT
"BRICK SINGLE FAMILY HOME FOR SALE AT A GREAT PRICE. THIS HOME IS BEING SOLD AS-IS, BUT IS NOT BANK OWNED AND NOT A SHORT SALE. NO SURVEY ISSUED, NEEDS SOME REPAIR. SALE INCLUDES 2 PIN NUMBERS, BOTH THE HOME AND THE GARAGE. THIS HOME HAS GOOD CURB APPEAL FOR A REHAB. VACANT AND EASY TO SHOW. NO INSPECTION PROVISION ACCEPTED, YOU MUST INSPECT PRIOR TO SUBMITTING AN OFFER. 0% TAX PRORATIONS ARE OFFERED BUT SELLER WILL PAY ALL CURRENT AND PRIOR TAXES"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $19,500 TO $17,500 
$20,000
9221 South Avalon Avenue, Chicago IL 60619
2
BEDS
2
BATHS
1,100
SQFT
$18
$/SQFT
0.07
ACRES
1918
BUILT
"2 bedroom 2 bath single family with full unfinished basement. Separate living and dining area. Large yard with parking spaces. Sold As-Is. Not a short sale or foreclosure. Mostly rough in. It's completely gutted dwelling is ready for all your rehab ideas. The open space gives you a clean slate to finish off this property how you desire. With a full basement, the possibilities are numerous."
$22,500
23 East 137th Place, Riverdale IL 60827
3
BEDS
2.1
BATHS
925
SQFT
$24
$/SQFT
0.14
ACRES
1899
BUILT
"SINGLE FAMILY HOME SOLD AS-IS AND READY FOR A NEW FAMILY. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. THIS HOME IS BEING SOLD AS-IS, SO PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS."
* LISTED OVER 120 DAYS  * PRICE LOWERED - $24,500 TO $22,500 
$23,000
1435 Otto Boulevard, Chicago Heights IL 60411
4
BEDS
1
BATHS
1,947
SQFT
$12
$/SQFT
0.11
ACRES
1904
BUILT
"Large Two Story Home in need of a complete rehab. Contains 4 bedrooms, Eat in Kitchen, Dining Room, Large Living Room, Den with wood burning fireplace. ........BANK OWNED SOLD AS-IS . BUYER RESPONSIBLE FOR TERMITE AND SURVEY. TAXES PRORATED AT 100% . PROOF OF FUNDS OR PRE-APPROVAL REQUIRED WITH ALL OFFERS . E.M. MUST BE CERTIFIED FUNDS"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $26,000 TO $23,000 
$26,500
36 East 151st Street, Harvey IL 60426
2
BEDS
1
BATHS
693
SQFT
$38
$/SQFT
0.12
ACRES
1914
BUILT
"COZY 2 BEDROOM RANCH PERFECT AS A GREAT INVESTMENT OPPORTUNITY OR FIRST TIME HOMEBUYER. THIS IS NOT A SHORT SALE OR FORECLOSURE. PROPERTY SOLD AS IS."
* PRICE LOWERED - $30,000 TO $26,500 
$28,000
15746 Lexington Avenue, Harvey IL 60426
4
BEDS
2.1
BATHS
1,500
SQFT
$19
$/SQFT
1950
BUILT
"Seller says sale. This is a great chance to buy a property and renovate it the way you like. when finished you will still be beating the cost of rent in this Harvey, Illinois area with access to tollroad and 2 major Chicago interstates within 10 minutes. Get financed to buy this and renovate it with some mortgages made just for your family. Investors this is a nice size home that you could make a beauty. If you need more information on great seller and seller finance deals as well as bank owned"
$32,500
7337 South SOUTH SHORE Drive Unit 712, Chicago IL 60649
1
BEDS
1
BATHS
700
SQFT
$46
$/SQFT
1959
BUILT
"Great 1 bedroom, 1 bathroom condo in South Shore Chicago. VERY LOW TAXES! Unit features large living room, spacious bedroom and bathroom. Close to the lake, public transportation, parks and shopping. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. THIS HOME IS BEING SOLD AS-IS, SO PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT "
* PRICE LOWERED - $34,500 TO $32,500 
$39,500
580 Ingraham Avenue, Calumet City IL 60409
3
BEDS
0
BATHS
0.08
ACRES
1909
BUILT
"CLASSIC BRICK 2 FLAT, SOLD AS-IS AND READY FOR A NEW FAMILY. EXCELLENT PRICE. THIS HOME IS BEING SOLD AS-IS BUT IS NOT BANK OWNED AND NOT A SHORT SALE. LOCALLY OWNED AND MOTIVATED TO SELL. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS."
* PRICE LOWERED - $44,500 TO $39,500 
$44,900
7225 South May Street, Chicago IL 60621
4
BEDS
2
BATHS
1,600
SQFT
$28
$/SQFT
0.07
ACRES
1903
BUILT
"Cash only. Not bank owned. Habitable and all utilities are currently turned on. Owner occupied two story related living home. Nine (9) rooms total. Two (2) full baths. Full basement. Updates in bathrooms and large kitchen with dishwasher. LOW real estate taxes only $765 a year with standard home owners exemption! Owner occupied and in decent condition but property sold as-is with violations and subject to a court injunction."
$45,000
14134 Page Avenue, Dixmoor IL 60426
3
BEDS
1
BATHS
960
SQFT
$47
$/SQFT
0.14
ACRES
1956
BUILT
"Great investment opportunity to fix up and make your own! Ranch with a 3 bed, 1 bath, and 2 car detached garage. New Roof in 2017! New Furnace in 2016! Fantastic chance to do add your personal finishes - schedule a showing today! Not a short sale or foreclosure. Cash and conventional offers only."
$45,000
14322 South Edbrooke Avenue, Riverdale IL 60827
4
BEDS
1.1
BATHS
1,622
SQFT
$28
$/SQFT
0.12
ACRES
1945
BUILT
"CALLING ALL INVESTORS!!!! This is NOT a short sale or foreclosure! Buyer responsible for village inspection, repairs, and escrow, if required. AS-IS! All measurements to be verified by buyer! This property is waiting for you! Schedule your appointment today!"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $50,000 TO $45,000 
$50,000
14444 South Division Street, Posen IL 60469
4
BEDS
2
BATHS
1,703
SQFT
$29
$/SQFT
0.07
ACRES
1919
BUILT
"Great Price with much potential .Perfect for an experienced investor. Large home on a large corner lot. ******BANK OWNED SOLD AS-IS . BUYER RESPONSIBLE FOR TERMITE AND SURVEY. TAXES PRORATED AT 100% . PROOF OF FUNDS OR PRE-APPROVAL REQUIRED WITH ALL OFFERS . E.M. MUST BE CERTIFIED FUNDS ."
* PRICE LOWERED - $56,000 TO $50,000 
$54,500
4315 Davis Street, Matteson IL 60443
2
BEDS
1
BATHS
1,000
SQFT
$54
$/SQFT
0.65
ACRES
1959
BUILT
"SINGLE FAMILY HOME SOLD AS-IS AND READY FOR A NEW FAMILY. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. THIS HOME IS BEING SOLD AS-IS, SO PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS."
* PRICE LOWERED - $59,500 TO $54,500 
$59,000
15841 Whipple Avenue, Markham IL 60428
3
BEDS
1
BATHS
1,080
SQFT
$55
$/SQFT
0.08
ACRES
1956
BUILT
"This buy and hold opportunity in Markham is a no brainier! Minimal work needed, at most $20k! Practically rent ready! 3 bed, 1 bath, 1,080 square feet. Brand New Siding! Newer Roof! Newer Windows! Property will rent for $1,450 per month based on average rents for a 3 bedroom within a 2 mile radius. Rehabbed sold comparable homes within a mile of the subject property sold for an average of $100,000 within the past 6 months. Buy this property put in $20k in clean up work and enjoy $15,000 in e"
* PRICE LOWERED - $64,900 TO $59,000 
$63,150
803 Sangamon Street, Chicago Heights IL 60411
3
BEDS
2
BATHS
1,575
SQFT
$40
$/SQFT
0.26
ACRES
1987
BUILT
"Tril-level looking for some love. Needs a rehab. 3 bed, 2 ba with 2 car garage and walkout finished basement. Property is located on a quiet dead end street and has a DOUBLE LOT! BANK OWNED, SOLD AS-IS, SELLER WILL NOT PROVIDE SURVEY or TERMITE. BUYER RESPONSIBLE FOR CITY INSPECTIONS AND PERMITS, IF ANY."
* PRICE LOWERED - $66,450 TO $63,150 
$64,500
4451 Poplar Avenue, Richton Park IL 60471
4
BEDS
1.1
BATHS
0.16
ACRES
"SINGLE FAMILY HOME SOLD AS-IS AND READY FOR A NEW FAMILY. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. THIS HOME IS BEING SOLD AS-IS, SO PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 0% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BILLS. SPECIAL WARRANTY DEED AT CLOSING. NO SURVEY. FOR FASTER RESPONSE PLEASE USE SELLERS CONTRACT, ADDENDUM AND DISCLOSURES UNDER DOCUMENTS."
* PRICE LOWERED - $69,500 TO $64,500 
$64,900
306 Shabbona Drive, Park Forest IL 60466
3
BEDS
1.1
BATHS
1,166
SQFT
$56
$/SQFT
0.17
ACRES
1953
BUILT
"Investors delight! Positive cash flow! Ranch style home on a fenced in lot. Back yard is great space for entertaining. Long side driveway that fits several cars leads to a 1.5 detached garage. Spacious eat in kitchen, plenty of storage, ceiling fans throughout, walk in closet, private bath in master bedroom, newer windows, tree lined block with local schools and metra close by. Tenants paying $1190/month. Instant cash cow! Not a short sale or foreclosure."
$69,000
14711 Kimbark Avenue, Dolton IL 60419
4
BEDS
2
BATHS
1,222
SQFT
$56
$/SQFT
0.11
ACRES
1950
BUILT
"GREAT OPPORTUNITY TO OWN THIS RECENTLY REMODELED 4 BEDROOM AND 2 FULL BATH HOME-INTERIOR HAS BEEN TASTEFULLY PAINTED-BRIGHT AND SUNNY LIVING ROOM WITH HARDWOOD FLOORING-NICE SIZE EAT IN KITCHEN FEATURES NEW CABINETS, GRANITE COUNTERS, TILE BACKSPLASH, TRACK LIGHTING, AND WOOD LAMINATE FLOORING-2 BEDROOMS ON THE MAIN LEVEL AND COMPLETELY REMODELED FULL BATH-SPACIOUS 2ND FLOOR FULL BATH AND 2 SPACIOUS BEDROOMS WITH NEW WOOD LAMINATE FLOORING-SPRAWLING YARD GREAT FOR ENTERTAINING WITH A DECK-NICE H"
* PRICE LOWERED - $79,000 TO $69,000 
$69,900
16 West Rocket Circle, Park Forest IL 60466
3
BEDS
1.1
BATHS
1,422
SQFT
$49
$/SQFT
0.17
ACRES
1956
BUILT
"Investors delight! Positive cash flow! Ranch style home on a fenced in lot. Back yard is a great space for entertaining. 1 Car attached garage. Spacious eat in kitchen and separate dining room. Plenty of storage throughout, and private bath in master bedroom. Tree lined block with local schools and metra close by. Section 8 tenant paying $1150/month. Instant cash cow! Not a short sale or foreclosure."
$69,900
14347 South Sherman Avenue, Posen IL 60469
3
BEDS
1
BATHS
1,000
SQFT
$70
$/SQFT
0.14
ACRES
1929
BUILT
"Corner location. Centrally located with convenient access to I-57 and I-294. One story mostly brick home offers 7 rooms (Kitchen, dinette, large utility room, living room and three bedrooms one bedroom is tandem). New roof on house and garage. Updated windows. Full floored and insulated attic for storage. Spacious 6065 sf lot. Detached two car garage with corner drive up convenience. This is an AS-IS sale buyer will need to sign as-is affidavit with Posen. Not bank owned and not a short"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $87,900 TO $69,900 
$69,900
3916 192nd Street, Homewood IL 60430
2
BEDS
1
BATHS
1,077
SQFT
$65
$/SQFT
0.92
ACRES
1947
BUILT
"ATTENTION ALL REHABBERS OR INVESTORS. PROPERTY SITS ON ALMOST AN ACRE OF LAND, LOT SIZE .92. REHAB OR BUILD NEW! NEW CONSTRUCTION ALL AROUND. NEAR SCHOOLS, SHOPPING, AND THREE GOLF COURSES. HOME SOLD IN 'AS-IS' CONDITION. NO REPAIRS OR INSPECTION CREDITS OFFERED. NOT BANK OWNED AND NOT A SHORT SALE, OWNERS ARE LOCAL AND MOTIVATED. PLEASE INSPECT PRIOR TO SUBMITTING AN OFFER. PLEASE NOTE: 100% TAX PRORATIONS ARE OFFERED, THE SELLER WILL PAY CURRENT AND ALL PRIOR TAX BUT 0% CREDIT FOR FUTURE BI"
* LISTED OVER 120 DAYS  * PRICE LOWERED - $74,900 TO $69,900 
 
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  Page 1 of 4  
 
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