Foreclosure for Sale on South St, Elgin, IL 60123

Foreclosures โ€บ Illinois โ€บ Kane โ€บ Elgin โ€บ South St
Pre-foreclosure property at South St, Elgin, IL 60123. 2 bed 1 bath 1,178 sq ft Kane County foreclosure listing.
Pre-foreclosure Active 88 days on market
South St, Elgin, IL 60123
Price TBD
Kane County ยท Illinois
2
Bedrooms
1
Bathrooms
1,178
Sq ft
1991
Year built
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Property details
Listing type Preforeclosure
Property type SingleFamily
Bedrooms 2
Bathrooms 1
Living area 1,178 sq ft
Year built 1991
County Kane County
State Illinois
ZIP 60123
Days on Market 88 days
Listing ID 65530141
About this property

This home in Elgin, 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 Kane County Market ยท Updated daily
Active Listings
1,189
Avg. Est. Value
$309,266
Bank-Owned (REO)
65
Pre-Foreclosures
1,124

284 active foreclosure listings in Elgin, IL.

Browse all Kane 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 Kane County foreclosures for additional guidance on the purchase process.
There are currently 284 active foreclosure listings in Elgin, 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

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๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
โ€”
๐Ÿ“ Location Map ยท Elgin, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 60123 ยท U.S. Census ACS
Population
49,537
Median Age
38.6 yrs
Households
17,693
Median Household Income
$82,358
Median Home Value
$233,600
Median Rent
$1,158/mo
Owner-Occupied
70% of homes
Vacancy Rate
3% of units
Unemployment Rate
5.3%

~16% 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 60123
๐Ÿซ Elementary
Century Oaks Elem School
Grades Kโ€“6ยทElgin ZIP 60123
๐Ÿซ Middle
Abbott Middle School
Grades 7โ€“8ยทElgin ZIP 60123
๐ŸŽ“ High
Larkin High School
Grades 9โ€“12ยทElgin ZIP 60123

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

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๐Ÿ“ Nearby Foreclosures
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Elgin, IL 60123
3 bd ยท 3 ba ยท 3,349 sqft ยท Preforeclosure
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Elgin, IL 60123
4 bd ยท 2 ba ยท 2,307 sqft ยท Foreclosure
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Elgin, IL 60123
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