Karen DeGasperis REALTOR

OFF MARKET Distressed Assets

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Property TypeMultifamily (2-4)
LocationChicago, Illinois
TitleDefaulted 2 Story Newly Renovated Duplex Located in Chicago's Brighton/McKinley Park Area
Summary

5 Bedrooms and 2 Bathrooms 1840 SF on 3049 SF Lot - Built 1922

Details

These newly renovated units feature upgraded kitchens with newer oversize bathrooms with changing areas, newer windows, refinished hardwood throughout, & updated plumbing. Property features private back yard, porch & front balcony. Washer/dryer available in the building and detached 2 car garage in the rear. Comes with a finished basement and separately metered for gas and electricity.

Note Details

Original Loan Amount $190,000
Current Interest Rate 18%
Foreclosure Process Started
Loan Payments 420 Days Late
Loan Matured November 2023
Appraised Value $376,000
Over $250,000 in possible equity

Current Unpaid Balance$125,704.00
Date UpdatedDecember 16, 2024