Calumet City FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Calumet City, Illinois.

Featured Foreclosure Listings in Calumet City, IL

Calumet City Home Foreclosure Listing ID: 2146942

Foreclosure

Calumet City, IL - 60409

3 Bd | 1 Ba | $15,000.00

Calumet City Home Foreclosure Listing ID: 2166153

Foreclosure

Calumet City, IL - 60409

2 Bd | 1 Ba | $17,250.00

Calumet City Home Foreclosure Listing ID: 2166170

Foreclosure

Calumet City, IL - 60409

2 Bd | 6 Ba | $21,750.00

Calumet City Home Foreclosure Listing ID: 2105032

Foreclosure

Calumet City, IL - 60409

2 Bd | 1 Ba | $24,900.00

Calumet City Home Foreclosure Listing ID: 2147199

Foreclosure

Calumet City, IL - 60409

5 Bd | 2 Ba | $25,000.00

Total: 32
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
CHAPPEL AVE APT 2D Calumet City IL 60409 Foreclosures 2 1 $24,900.00 Details
2
3 Photos
FORSYTHE AVE Calumet City IL 60409 Foreclosures 5 2 $25,000.00 Details
3
21 Photos
BUFFALO AVE Calumet City IL 60409 Foreclosures 3 2 $61,900.00 Details
4
8 Photos
GORDON AVE Calumet City IL 60409 Foreclosures 2 1 $14,000.00 Details
5
10 Photos
154TH PL Calumet City IL 60409 Foreclosures 5 2 $26,300.00 Details
6
1 Photo
164TH PL Calumet City IL 60409 Foreclosures 3 1 $29,900.00 Details
7
3 Photos
FREELAND AVE Calumet City IL 60409 Foreclosures 3 1 $21,900.00 Details
8
6 Photos
GREENBAY AVE Calumet City IL 60409 Foreclosures 2 6 $21,750.00 Details
9
10 Photos
FREELAND AVE Calumet City IL 60409 Foreclosures 3 1 $15,000.00 Details
10
9 Photos
STATE LINE RD Calumet City IL 60409 Foreclosures 3 2 $36,900.00 Details
11
1 Photo
WENTWORTH AVE Calumet City IL 60409 Foreclosures 2 1 $26,900.00 Details
12
9 Photos
EXCHANGE AVE Calumet City IL 60409 Foreclosures 3 2 $72,900.00 Details
13
8 Photos
INGRAHAM AVE Calumet City IL 60409 Foreclosures 3 2 $21,900.00 Details
14
9 Photos
156TH PL Calumet City IL 60409 Foreclosures 2 1 $17,250.00 Details
15
4 Photos
157TH ST Calumet City IL 60409 Foreclosures 3 1 $24,000.00 Details
16
14 Photos
SUPERIOR AVE Calumet City IL 60409 Foreclosures 3 1 $39,000.00 Details
17
3 Photos
MACKINAW AVE Calumet City IL 60409 Foreclosures 3 1.5 - Details
18
2 Photos
YATES AVE Calumet City IL 60409 Foreclosures 8 4 - Details
19
10 Photos
155TH PL Calumet City IL 60409 Foreclosures 5 2 - Details
20
1 Photo
PAXTON AVE Calumet City IL 60409 Foreclosures 4 1.5 - Details
About our Listings

How to Buy Calumet City Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Calumet City, IL starts with finding listings. By browsing Calumet City foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Calumet City, IL.

>> See more info about how to Buy foreclosures

How to Invest in Calumet City Foreclosures

How to invest foreclosure

Calumet City foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Calumet City real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Calumet City foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Calumet City foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Calumet City

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Calumet City will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Calumet City, IL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Calumet City apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Illinois Foreclosure Laws

Foreclosure law

In the state of Illinois, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Illinois are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Illinois REO properties.

Calumet City Banks Foreclosures

Bank Foreclosure

Calumet City bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Calumet City, IL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Calumet City bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Calumet City Illinois to be similar to buying from an agent. Check our Calumet City bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Calumet City Government Foreclosures

Government Foreclosure

Calumet City Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Calumet City IL are another popular type of foreclosure, as are VA foreclosures in Calumet City, which are available from the Veterans Affairs Department for especially great deals. Check our Calumet City government foreclosure listings.

>> See more info about govermment foreclosures

Calumet City Pre-Foreclosures

Foreclosure

PreForeclosures in Calumet City are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Calumet City Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Calumet City Foreclosure Auctions

Foreclosure Auction

Most Calumet City foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Calumet City, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Calumet City, IL. We offer a comprehensive Calumet City foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Calumet City, Illinois

Find Home Foreclosure Listings in Calumet City, IL

Calumet City foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Calumet City, IL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Calumet City Illinois, best affordable foreclosure condo in Calumet City, cheap apartments for sale, bargain foreclosed homes for sale in Calumet City, IL and earn huge savings on the homes YOU want to buy!

Our Calumet City Foreclosure Lists

You can find Calumet City foreclosure homes for sale which you can buy for living or investment. Simply click through our Calumet City foreclosure home listings to find government foreclosures and bank owned homes in Calumet City area. If you're searching for a deep discount or low prices on real estate then searching our Calumet City foreclosure lists for homes foreclosure for sale or short sale listing in Calumet City is your answer. Our up-to-date Calumet City short sale listings provide the latest investing opportunities on affordable Calumet City bank owned property listings, government pre foreclosure lists, Calumet City banrkuptcy homes and Calumet City HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Calumet City, you should have little trouble finding the cheapest deal on a foreclosed home in Calumet City, Illinois.

You can also search Blue Island foreclosure listings and Chicago Heights foreclosure listings for more properties in the neighboring area.



Calumet City, IL

As of 2011, Calumet City's population is 37,463 people. Since 2000, it has had a population growth of -4. 12 percent. The median home cost in Calumet City is $133,100. Home appreciation the last year has been -4. 79 percent. Compared to the rest of the country, Calumet City's cost of living is 0. 40% Lower than the U. S. average. Calumet City public schools spend $4,536 per student. The average school expenditure in the U. S. is $5,678. There are about 17 students per teacher in Calumet City. The unemployment rate in Calumet City is 11. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Calumet City jobs have Decreased by 1. 09 percent. Average Commute time is 39 minutes. The National Average is 28 minutes.

Peoplecalumet-city, ilUS
Population37,463307,829,557
Pop Density5,17487
Pop Change-4.12%9.34%
Median Age35.436.6
Households14,203116,329,167
Household Size2.632.58
Male Population47.11%49.31%
Female Population52.89%50.69%
Married Population38.98%47.15%
Single Population61.02%52.85%
Estimated Households By Household Incomecalumet-city, ilUS
Income Less Than 15k13.78%12.10%
Income Between 15k And 25k11.30%10.18%
Income Between 25k And 35k13.46%10.56%
Income Between 35k And 50k18.24%14.98%
Income Between 50k And 75k20.93%19.53%
Income Between 75k And 100k11.66%12.52%
Income Between 100k And 150k8.77%12.14%
Income Between 150k And 250k1.10%3.91%
Income Between 250k And 500k0.72%3.34%
Income Greater Than 500k0.06%0.75%
Economycalumet-city, ilUS
Unemployment Rate11.60%9.10%
Recent Job Growth-1.09%-0.12%
Future Job Growth26.22%31.25%
Sales Taxes8.75%6.80%
Income Taxes3.00%6.25%
Income Per Cap$20,139$27,067
Household Income$44,555$52,954
Housingcalumet-city, ilUS
Median Home Age43.635.1
Median Home Cost$133,100$175,100
Home Appreciation-4.79%-3.15%
Homes Owned63.20%59.90%
Housing Vacant7.54%10.37%
Homes Rented29.25%29.73%
Property Tax Rate$16.10$11.20
Owner Occupied Housing Units By Valuecalumet-city, ilUS
Less Than 20k2.49%2.65%
20k To 399991.07%3.76%
40k To 599992.25%4.99%
60k To 799995.85%6.01%
80k To 9999914.03%7.27%
100k To 14999948.24%19.24%
150k To 19999918.31%14.67%
200k To 2999995.99%18.09%
300k To 3999990.99%9.14%
400k To 4999990.33%4.94%
500k To 7499990.11%5.42%
750k To 9999990.00%2.03%
1kk Or More0.33%1.77%
Educationcalumet-city, ilUS
School Expend$4,536$5,678
Pupil Teacher Ratio1714.9
Students Per Librarian1725803
Students Per Counselor941513
2 Yr College Grad8.88%7.47%
4 Yr College Grad12.05%17.42%
Graduate Degrees4.80%10.12%
High School Grads85.73%84.72%
Crimecalumet-city, ilUS
Violent Crime84
Property Crime94
Housing Units By Year Structure Builtcalumet-city, ilUS
1999 To 20051.74%13.71%
1995 To 19981.06%8.54%
1990 To 19941.00%5.77%
1980 To 19898.81%13.87%
1970 To 197927.93%16.17%
1960 To 196921.24%11.70%
1950 To 195917.97%11.08%
1940 To 19498.16%6.02%
1939 Or Earlier12.11%13.15%

Table Information