Foreclosure for Sale on Colchester Ave, Schaumburg, IL 60192

Foreclosures › Illinois › Cook › Schaumburg › Colchester Ave
Bank-owned REO foreclosure property at Colchester Ave, Schaumburg, IL 60192. Cook County foreclosure listing.
Foreclosure (REO) Active 61 days on market
Colchester Ave, Schaumburg, IL 60192
Price TBD
Cook County · Illinois
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Property details
Listing type Foreclosure
Property type SingleFamily
County Cook County
State Illinois
ZIP 60192
Days on Market 61 days
Listing ID 65911736
About this property

This Schaumburg, IL property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

📊 Cook County Market · Updated daily
Active Listings
20,303
Avg. Est. Value
$191,419
Bank-Owned (REO)
2,028
Pre-Foreclosures
18,275

128 active foreclosure listings in Schaumburg, IL.

Browse all Cook County foreclosures →
❓ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
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 128 active foreclosure listings in Schaumburg, 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.

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Schaumburg, IL Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 60192 · U.S. Census ACS
Population
16,536
Median Age
44.3 yrs
Households
5,829
Median Household Income
$150,404
Median Home Value
$407,400
Median Rent
$2,466/mo
Owner-Occupied
91% of homes
Vacancy Rate
3% of units
Unemployment Rate
4%

~41% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25

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

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