Foreclosure for Sale on E 550n Rd, Gibson City, IL 60936

Foreclosures โ€บ Illinois โ€บ Ford โ€บ Gibson City โ€บ E 550n Rd
Pre-foreclosure property at E 550n Rd, Gibson City, IL 60936. 3 bed 2 bath 1,952 sq ft Ford County foreclosure listing.
Pre-foreclosure Active 99 days on market
E 550n Rd, Gibson City, IL 60936
Price TBD
Ford County ยท Illinois
3
Bedrooms
2
Bathrooms
1,952
Sq ft
1928
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 2
Living area 1,952 sq ft
Year built 1928
County Ford County
State Illinois
ZIP 60936
Days on Market 99 days
Listing ID 64862543
About this property

This home in Gibson City, 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.

๐Ÿ“Š Ford County Market ยท Updated daily
Active Listings
43
Bank-Owned (REO)
7
Pre-Foreclosures
36

13 active foreclosure listings in Gibson City, IL.

Browse all Ford County foreclosures โ†’
โ“ 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 โ€” 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 Ford County foreclosures for additional guidance on the purchase process.
There are currently 13 active foreclosure listings in Gibson City, 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 โ€” 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 โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

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

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
โ€”
๐Ÿ“ Location Map ยท Gibson City, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 60936 ยท U.S. Census ACS
Population
4,230
Median Age
44.3 yrs
Households
1,921
Median Household Income
$53,750
Median Home Value
$124,700
Median Rent
$664/mo
Owner-Occupied
71% of homes
Vacancy Rate
3% of units
Unemployment Rate
5.7%

~13% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 60936
๐Ÿซ Elementary
GCMS Elementary School
Grades Pre-Kโ€“5ยทGibson City ZIP 60936
๐Ÿซ Middle
GCMS Middle School
Grades 6โ€“8ยทGibson City ZIP 60936
๐ŸŽ“ High
GCMS High School
Grades 9โ€“12ยทGibson City ZIP 60936

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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๐Ÿ“ Nearby Foreclosures
S Guthrie St
Gibson City, IL 60936
3 bd ยท 1 ba ยท 1,084 sqft ยท Preforeclosure
S Wood St
Gibson City, IL 60936
3 bd ยท 1 ba ยท 1,910 sqft ยท Preforeclosure
S State St
Gibson City, IL 60936
3 bd ยท 1 ba ยท Foreclosure
W 19th St
Gibson City, IL 60936
4 bd ยท 2 ba ยท 3,792 sqft ยท Preforeclosure
S Sangamon Ave
Gibson City, IL 60936
3 bd ยท 2 ba ยท Preforeclosure
View all in ZIP 60936 โ†’
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