It has been several weeks since I last caught up with our client, Cherry Picker Investments, regarding foreclosure auction purchases in Chicago, Buffalo Grove, Oak Lawn, and Buffalo Grove.
So, here's a recent sampling of properties acquired by real estate investors.
Per Bardan Azari, Cherry Picker Investments, each of the below properties was purchased by a 3rd party at an auction this week. Although it has its limitations, an estimate from Zillow has been provided for reference.
10309 Circle Drive' #103, Oak Lawn, IL Balance due: $55,088Zillow estimate: $85,300Purchase Price: $23,000Condo
1622 W. Ohio, Chicago, IL Balance due: $349,787Zillow estimate: $254,100Purchase Price: $139,000Multi-family
113 Manchester, Buffalo Grove, IL Balance due: $308,028Zillow estimate: $304,100Purchase Price: $210,000Townhouse
159 Thornhurst Rd, Bollingbrook, IL Balance due: $185,524Zillow estimate: $132,800Purchase Price: $46,852Single Family
1716 W. Farwell, Chicago, IL Balance due: $343,585Zillow estimate: $241,600Purchase Price: $65,000Condo
Michael Hobbs, PahRoo Appraisal & Consultancy
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