Foreclosure for Sale on Lorraine Ter, Berwyn, IL 60402

ForeclosuresIllinoisCookBerwyn › Lorraine Ter
Pre-foreclosure property at Lorraine Ter, Berwyn, IL 60402. 3 bed 1 bath 1,300 sq ft Cook County foreclosure listing.
Pre-foreclosure Active 2 days on market
Lorraine Ter, Berwyn, IL 60402
Price TBD
Cook County · Illinois
3
Bedrooms
1
Bathrooms
1,300
Sq ft
1947
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,300 sq ft
Year built 1947
County Cook County
State Illinois
ZIP 60402
Days on Market 2 days
Listing ID 66072421
About this property

This home in Berwyn, IL is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

📊 Cook County Market · Updated daily
Active Listings
18,228
Avg. Est. Value
$196,319
Bank-Owned (REO)
1,891
Pre-Foreclosures
16,337

234 active foreclosure listings in Berwyn, IL.

Browse all Cook County foreclosures →
❓ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection — often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Cook County foreclosures for additional guidance on the purchase process.
There are currently 234 active foreclosure listings in Berwyn, IL. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition — most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

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🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
📍 Location Map · Berwyn, IL Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 60402 · U.S. Census ACS
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🏫 Schools · NCES 2024–25
Schools in ZIP 60402
🏫 Elementary
Edison Elem School
Grades Pre-K–5·Stickney ZIP 60402
Emerson Elem School
Grades K–5·Berwyn ZIP 60402
🏫 Middle
Freedom Middle School
Grades 6–8·Berwyn ZIP 60402
Heritage Middle School
Grades 6–8·Berwyn ZIP 60402
🎓 High
J Sterling Morton West High Sch
Grades 9–12·Berwyn ZIP 60402

Source: NCES CCD 2024–25 · nces.ed.gov

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