Foreclosure for Sale on S Hoover Ave, Springfield, IL 62703

Foreclosures โ€บ Illinois โ€บ Sangamon โ€บ Springfield โ€บ S Hoover Ave
Bank-owned REO foreclosure property at S Hoover Ave, Springfield, IL 62703. Sangamon County foreclosure listing.
Foreclosure (REO) Active 90 days on market
S Hoover Ave, Springfield, IL 62703
Price TBD
Sangamon County ยท Illinois
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Property details
Listing type Foreclosure
Property type SingleFamily
County Sangamon County
State Illinois
ZIP 62703
Days on Market 90 days
Listing ID 65493290
About this property

This Springfield, 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 Sangamon County Market ยท Updated daily
Active Listings
641
Avg. Est. Value
$50,600
Bank-Owned (REO)
45
Pre-Foreclosures
596

553 active foreclosure listings in Springfield, IL.

Browse all Sangamon 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 Sangamon County foreclosures for additional guidance on the purchase process.
There are currently 553 active foreclosure listings in Springfield, 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 Springfield, IL Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 62703 ยท U.S. Census ACS
Population
28,809
Median Age
37.9 yrs
Households
12,335
Median Household Income
$43,760
Median Home Value
$95,600
Median Rent
$948/mo
Owner-Occupied
55% of homes
Vacancy Rate
14% of units
Unemployment Rate
10.3%

~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 62703
๐Ÿซ Middle
Jefferson Middle School
Grades 6โ€“8ยทSpringfield ZIP 62703
Lincoln Magnet School
Grades 6โ€“8ยทSpringfield ZIP 62703
Washington Middle School
Grades 6โ€“8ยทSpringfield ZIP 62703
๐ŸŽ“ High
Sangamon Co Detention Center
Grades 6โ€“12ยทSpringfield ZIP 62703

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

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