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New Foreclosures October 2008

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Foreclosure Properties
Street/City/State/Zip Status Beds/Baths Amount
Pre-foreclosures 1 / 1 $152,800
Pre-foreclosures NA / 3 $266,000
Pre-foreclosures NA / NA $196,962
Pre-foreclosures NA / NA $279,900
Pre-foreclosures NA / NA $272,000
Pre-foreclosures NA / 2 $319,500
Pre-foreclosures NA / NA $182,400
Pre-foreclosures NA / NA $42,750
Pre-foreclosures NA / NA $92,389
Pre-foreclosures NA / NA $502,615
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Illinois Trends JUL. YTD.
New Foreclosure Filings 8,915103,276
Foreclosure Sales 1,1937,711
Avg Sales Price $ 128,500$ 135,558
Total Savings 34 % 31 %
Fair
0% – 10%
Good
11% – 30%
Excellent
31% +
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RealtyTrac Information Centers

 

Chicago — also popularly known as “The Windy City” — is the largest city in the state of Illinois. It is also the largest city in the Midwest and the third most populous city in the United States. It has a population of nearly three million and a median household income of $38,625.

Known for its deep musical roots — specifically for its jazz, gospel and “Chicago Blues” — the city also boasts a major theater scene and is the birthplace of improvisational comedy. Located along the southwestern shore of massive Lake Michigan, Chicago is a major hub for public transportation, industry, politics, culture, finance, medicine and higher education.

Chicago’s proximity to Lake Michigan makes for a variety of recreational activities, from boating to scuba diving among the lake’s wrecks. Lakefront dinner cruises and the city’s Museum Campus which includes the Adler Planetarium, the Field Museum of Natural History, and the Shedd Aquarium are also very popular, especially among tourists. Chicago’s famed Michigan Avenue is heralded as a top United States shopping destination.

Chicago’s climate includes a wide range of weather conditions and four distinct seasons. Its warmest month is July and its coldest is January.

Real estate investors, agents and homebuyers interested in successfully locating foreclosure properties in Chicago need only look to RealtyTrac for all their foreclosure and real estate needs, including pre-foreclosure information, foreclosure auctions, bank-owned foreclosures, for sale by owner (FSBO) homes, resale MLS homes and new homes for sale.

With over 1 million properties that are updated daily, RealtyTrac is your one-stop source for Chicago pre-foreclosure, bank foreclosures, for sale by owner (FSBO) homes, foreclosed homes via auction and new homes and MLS listings. Buying foreclosed real estate is an alluring idea in Chicago. With a growing population approaching three million people, Chicago is a growing foreclosure market.

At RealtyTrac, we look to help you navigate the foreclosure process by supplying you with the most up-to-date list of Chicago foreclosures, along with the latest in real estate news and information on foreclosure activity in Chicago and beyond.

Top Searched Chicago Zip Codes
State Facts
  • State Population: 12,763,371
  • Households: 5,144,623
  • Median Home Price: $250,845
  • State Foreclosure Trend:
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