Foreclosure for Sale on W 2nd St, Lake Villa, IL 60046

Foreclosures โ€บ Illinois โ€บ Lake โ€บ Lake Villa โ€บ W 2nd St
Bank-owned REO foreclosure property at W 2nd St, Lake Villa, IL 60046. 1 bath 1,014 sq ft Lake County foreclosure listing.
Foreclosure (REO) Active 101 days on market
W 2nd St, Lake Villa, IL 60046
Price TBD
Lake County ยท Illinois
1
Bathrooms
1,014
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bathrooms 1
Living area 1,014 sq ft
County Lake County
State Illinois
ZIP 60046
Days on Market 101 days
Listing ID 65565425
About this property

This Lake Villa, 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 Lake County Market ยท Updated daily
Active Listings
1,445
Avg. Est. Value
$390,115
Bank-Owned (REO)
117
Pre-Foreclosures
1,328

102 active foreclosure listings in Lake Villa, IL.

Browse all Lake 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 Lake County foreclosures for additional guidance on the purchase process.
There are currently 102 active foreclosure listings in Lake Villa, 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)
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๐Ÿ“ Location Map ยท Lake Villa, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 60046 ยท U.S. Census ACS
Population
34,854
Median Age
39.1 yrs
Households
12,086
Median Household Income
$121,099
Median Home Value
$267,200
Median Rent
$1,551/mo
Owner-Occupied
82% of homes
Vacancy Rate
4% of units
Unemployment Rate
6.1%

~26% 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 60046
๐Ÿซ Elementary
B J Hooper Elem School
Grades Pre-Kโ€“5ยทLindenhurst ZIP 60046
๐ŸŽ“ High
Allendale School
Grades 9โ€“12ยทLake Villa ZIP 60046

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

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๐Ÿ“ Nearby Foreclosures
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1 ba ยท 2,662 sqft ยท Preforeclosure
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Hazelwood Dr
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3 bd ยท 1 ba ยท 1,138 sqft ยท Preforeclosure
S Beck Rd
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View all in ZIP 60046 โ†’
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