Foreclosure for Sale on Wallace St, Marseilles, IL 61341

Foreclosures โ€บ Illinois โ€บ La Salle โ€บ Marseilles โ€บ Wallace St
Bank-owned REO foreclosure property at Wallace St, Marseilles, IL 61341. La Salle County foreclosure listing.
Foreclosure (REO) Active 103 days on market
Wallace St, Marseilles, IL 61341
Price TBD
La Salle County ยท Illinois
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Property details
Listing type Foreclosure
Property type SingleFamily
County La Salle County
State Illinois
ZIP 61341
Days on Market 103 days
Listing ID 64917184
About this property

This Marseilles, 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.

๐Ÿ“Š La Salle County Market ยท Updated daily
Active Listings
198
Avg. Est. Value
$177,370
Bank-Owned (REO)
27
Pre-Foreclosures
171

15 active foreclosure listings in Marseilles, IL.

Browse all La Salle County foreclosures โ†’
โ“ 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 La Salle County foreclosures for additional guidance on the purchase process.
There are currently 15 active foreclosure listings in Marseilles, 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.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Marseilles, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 61341 ยท U.S. Census ACS
Population
7,196
Median Age
44.2 yrs
Households
2,873
Median Household Income
$72,442
Median Home Value
$165,700
Median Rent
$1,046/mo
Owner-Occupied
76% of homes
Vacancy Rate
16% of units
Unemployment Rate
6%

~14% 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 61341
๐Ÿซ Elementary
Marseilles Elementary School
Grades Pre-Kโ€“8ยทMarseilles ZIP 61341
Milton Pope Elem School
Grades Kโ€“8ยทMarseilles ZIP 61341

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

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