Providing Comprehensive Chicago Foreclosure Information and Listings in a Changing Real Estate Market
In today’s changing housing market, it is more important than ever to have accurate and timely Chicago foreclosure information when purchasing cheap homes at auction. We provide our members the most up–to–date foreclosures information and foreclosure listings.
Events such as the current sub-prime lending crisis, numerous mortgage holders’ 3–year adjustable rates coming to term and an uncertain economy have caused an increase in Chicago foreclosure homes. With more distressed properties on the market, asking prices are dropping even lower.
Due to the present real estate climate, homebuyers and investors alike can buy bank owned homes, foreclosed land, REOs and pre foreclosures for substantially below market value. We make buying foreclosed properties easier by providing numerous foreclosure resources and a comprehensive database of listings.
Known as “The Windy City”, Chicago is the largest city in Illinois, the Midwest and the 3rd most populated city in the nation. Located on the Great Lakes, this renowned city is categorized as an alpha world city due to its cultural and economic global influences.
Chicago’s primary economic sectors are printing and publishing (2nd only to New York City), food processing, finance and insurance. The Federal Reserve Bank and the second busiest airport in the world - O'Hare International Airport – are both located in Chicago.
For investors and homebuyers wanting to buy foreclosure properties in this internationally known city, we offer the most up-to-date foreclosure information and listings.
Zindex:ZindexHomeType |
|---|
| Condo | $281,000.00 |
| SFR | $250,000.00 |
Affordability Data |
|---|
| City | Nation |
| Zillow Home Value Index | $244,500.00 | $213,242.00 |
| 1-Yr. Change | ($0.06) | ($0.09) |
| Zestimate Per Sq. Ft. | $226.88 | $257.70 |
| Flips (Sold Twice Within the Last Yr.) | 0.97 % | 2.30 % |
| Turnover (Sold Within Last Yr.) | 2.88 % | 2.18 % |
| Property Tax | $2,901.56 | $2,861.16 |
| Median Condo Value | $281,000.00 | $216,500.00 |
| Median Single Family Home Value | $250,000.00 | $234,000.00 |
| Median 2-Bedroom Home Value | $250,000.00 | $205,000.00 |
| Median 3-Bedroom Home Value | $250,000.00 | $231,500.00 |
| Median 4-Bedroom Home Value | $250,000.00 | $337,500.00 |
Homes & Real Estate Data |
|---|
| City | Nation |
| Owners | 43.78 % | 66.27 % |
| Renters | 56.22 % | 33.73 % |
| Median Home Size (Sq. Ft.) | 1176 | 1548 |
| Avg. Year Built | 1947 | 1974 |
| Single-Family Homes | 57.08 % | 77.35 % |
| Condos | 38.93 % | 8.96 % |
BuiltYear |
|---|
| <1900 | 9.52 % |
| >2000 | 1.56 % |
| 1900-1919 | 14.69 % |
| 1920-1939 | 19.91 % |
| 1940-1959 | 29.40 % |
| 1960-1979 | 19.97 % |
| 1980-1999 | 4.96 % |
People Data |
|---|
| City | Nation |
| Median Household Income | $38,625.00 | $44,512.01 |
| Single Males | 21.02 % | 14.65 % |
| Single Females | 19.87 % | 12.46 % |
| Median Age | 33 | 36 |
| Homes With Kids | 28.54 % | 31.36 % |
| Average Household Size | 2.67 | 2.58883240001203 |
| Average Commute Time (Minutes) | 35.44053647246415 | 26.375545725891282 |
Census Summary
PricePerSqFt |
|---|
| $100-200 | 39.47 % |
| $200-300 | 38.40 % |
| $300-400 | 12.25 % |
| $400-500 | 3.04 % |
| $500-600 | 1.14 % |
| $600-800 | 0.65 % |
| <$100 | 4.84 % |
| >$800k | 0.21 % |
ZestimateBand |
|---|
| $100-200k | 27.04 % |
| $200-300k | 33.39 % |
| $300-400k | 20.67 % |
| $400-500k | 8.49 % |
| $500-600k | 3.67 % |
| $600-800k | 3.38 % |
| <$100k | 0.36 % |
| >$800k | 2.34 % |
AgeDecade |
|---|
| >=70s | 7.45 % |
| 0s | 15.16 % |
| 10s | 13.82 % |
| 20s | 17.98 % |
| 30s | 16.58 % |
| 40s | 13.54 % |
| 50s | 9.19 % |
| 60s | 6.29 % |
RelationshipStatus |
|---|
| Divorced-Female | 5.19 % |
| Divorced-Male | 3.60 % |
| Married-Female | 21.52 % |
| Married-Male | 21.82 % |
| Single-Female | 19.87 % |
| Single-Male | 21.02 % |
| Widowed-Female | 5.66 % |
| Widowed-Male | 1.32 % |
HomeSize |
|---|
| <1000sqft | 24.08 % |
| >3600sqft | 3.98 % |
| 1000-1400sqft | 43.78 % |
| 1400-1800sqft | 15.07 % |
| 1800-2400sqft | 8.49 % |
| 2400-3600sqft | 3.87 % |
CommuteTime |
|---|
| <10min | 5.65 % |
| >=60min | 15.96 % |
| 10-20min | 18.02 % |
| 20-30min | 17.42 % |
| 30-45min | 22.24 % |
| 45-60min | 20.71 % |
Occupancy |
|---|
| Own | 43.78 % |
| Rent | 56.22 % |
HomeType |
|---|
| Condo | 38.93 % |
| Other | 3.99 % |
| SingleFamily | 57.08 % |
Household |
|---|
| NoKids | 71.46 % |
| WithKids | 28.54 % |
