Find foreclosed homes up to 60% below market value

Chicago Bank Foreclosures for Sale

Chicago

Incredible Savings on Foreclosed Homes in Chicago, IL

Bank Foreclosures Sale offers great opportunities to buy Chicago bank foreclosures up to 60% below market value! Find your dream home through our foreclosure listings including bank owned properties and government foreclosed homes in Chicago, IL

Showing: 1 - 24
#
Photos
Address
City
Zipcode
Type
Bd/Ba
Price
Details
1
E 89TH ST
7 Photos
Chicago, Cook County, IL 60619
3 BD
2 BA
1,085 Sq. Ft.
Pre-Foreclosure
$748/mo Est. Mortgage
$197,190*
(EMV)
View Details
2
S WABASH AVE
8 Photos
Chicago, Cook County, IL 60619
3 BD
2 BA
Pre-Foreclosure
$662/mo Est. Mortgage
$174,500*
(EMV)
View Details
3
S EMERALD AVE
12 Photos
Chicago, Cook County, IL 60620
2 BD
2 BA
1,005 Sq. Ft.
Pre-Foreclosure
$558/mo Est. Mortgage
$147,181*
(EMV)
View Details
4
W GORDON TER
8 Photos
Chicago, Cook County, IL 60613
1 BD
1 BA
Built in 1966
Pre-Foreclosure
$567/mo Est. Mortgage
$149,500*
(EMV)
View Details
5
S ALBANY AVE
10 Photos
Chicago, Cook County, IL 60629
3 BD
3 BA
1,056 Sq. Ft.
Pre-Foreclosure
$719/mo Est. Mortgage
$189,705*
(EMV)
Sold
View Details
6
S KOSTNER AVE
11 Photos
Chicago, Cook County, IL 60629
3 BD
1 BA
970 Sq. Ft.
Pre-Foreclosure
$756/mo Est. Mortgage
$199,387*
(EMV)
Sold
View Details
7
S TRUMBULL AVE
8 Photos
Chicago, Cook County, IL 60655
5 BD
3 BA
2,407 Sq. Ft.
Pre-Foreclosure
$616/mo Est. Mortgage
$162,500*
(EMV)
View Details
8
W LAWRENCE AVE
11 Photos
Chicago, Cook County, IL 60625
2 BD
1 BA
Built in 1923
Pre-Foreclosure
$758/mo Est. Mortgage
$200,000*
(EMV)
View Details
9
S LAFLIN ST
10 Photos
Chicago, Cook County, IL 60636
3 BD
2 BA
1,400 Sq. Ft.
Pre-Foreclosure
$535/mo Est. Mortgage
$141,053*
(EMV)
View Details
10
S EGGLESTON AVE
8 Photos
Chicago, Cook County, IL 60628
3 BD
2 BA
3,750 Sq. Ft.
Pre-Foreclosure
$528/mo Est. Mortgage
$139,260*
(EMV)
View Details
11
W 51ST ST
10 Photos
Chicago, Cook County, IL 60609
8 BD
4 BA
Built in 1885
Pre-Foreclosure
$679/mo Est. Mortgage
$178,996*
(EMV)
View Details
12
W 106TH ST
7 Photos
Chicago, Cook County, IL 60643
2 BD
1 BA
1,007 Sq. Ft.
Pre-Foreclosure
$711/mo Est. Mortgage
$187,610*
(EMV)
View Details
13
W NORTH SHORE AVE
7 Photos
Chicago, Cook County, IL 60626
1 BD
1 BA
Built in 1912
Pre-Foreclosure
$583/mo Est. Mortgage
$153,812*
(EMV)
Sold
View Details
14
S INDIANA AVE
8 Photos
Chicago, Cook County, IL 60637
3 BD
2 BA
1,600 Sq. Ft.
Pre-Foreclosure
$641/mo Est. Mortgage
$169,122*
(EMV)
Sold
View Details
15
S VINCENNES AVE
11 Photos
Chicago, Cook County, IL 60621
3 BD
2 BA
1,544 Sq. Ft.
Pre-Foreclosure
$687/mo Est. Mortgage
$181,092*
(EMV)
Sold
View Details
16
S DANTE AVE
9 Photos
Chicago, Cook County, IL 60619
3 BD
2 BA
900 Sq. Ft.
Pre-Foreclosure
$539/mo Est. Mortgage
$142,220*
(EMV)
Sold
View Details
17
S KILDARE AVE
7 Photos
Scottsdale, Chicago, Cook County, IL 60652
3 BD
2 BA
1,025 Sq. Ft.
Pre-Foreclosure
$541/mo Est. Mortgage
$142,634*
(EMV)
Sold
View Details
18
S EBERHART AVE
9 Photos
Chicago, Cook County, IL 60637
6 BD
2 BA
1,848 Sq. Ft.
Pre-Foreclosure
$556/mo Est. Mortgage
$146,748*
(EMV)
View Details
19
S EMERALD AVE
12 Photos
Chicago, Cook County, IL 60621
9 BD
4 BA
3,688 Sq. Ft.
Pre-Foreclosure
$627/mo Est. Mortgage
$165,300*
(EMV)
View Details
20
S ELLIS AVE
8 Photos
Chicago, Cook County, IL 60653
4 BD
1 BA
2,106 Sq. Ft.
Pre-Foreclosure
$800/mo Est. Mortgage
$210,930*
(EMV)
Sold
View Details
21
S EBERHART AVE
9 Photos
Chicago, Cook County, IL 60628
3 BD
1 BA
1,212 Sq. Ft.
Pre-Foreclosure
$489/mo Est. Mortgage
$129,076*
(EMV)
Sold
View Details
22
S CALHOUN AVE
9 Photos
South Deering, Chicago, Cook County, IL 60617
6 BD
2 BA
1,311 Sq. Ft.
Pre-Foreclosure
$491/mo Est. Mortgage
$129,579*
(EMV)
Sold
View Details
23
S PRINCETON AVE
6 Photos
Chicago, Cook County, IL 60620
4 BD
1.5 BA
969 Sq. Ft.
Pre-Foreclosure
$512/mo Est. Mortgage
$135,174*
(EMV)
Sold
View Details
24
S HALSTED ST
12 Photos
Chicago, Cook County, IL 60620
3 BD
1.5 BA
1,155 Sq. Ft.
Pre-Foreclosure
$518/mo Est. Mortgage
$136,772*
(EMV)
Sold
View Details

Notice to Visitors
BankForeclosuresSale.com does not guarantee the availability of any property listed herein and does not promise that there are listings for every region.

Due to the 2020 Covid-19 crisis, a moratorium on foreclosure evictions was put in place by the federal government, resulting in a low supply of foreclosure listings. You might be able to find other types of properties available, such as short sales and pre-foreclosures ***

Zip Codes

Top Cities in Illinois

Cities Near Chicago, IL

Additional Information

If you're curious about our customers' opinions read below the 5 testimonials about our foreclosure listings service. Overall Rating: 4.5 of 5.
About Chicago Listings I absolutely love BankForeclosuresSale.com! It saves me so much time. All the properties in my area are all in one place. No more hours wasted searching the internet for properties that are already sold. I would recommend this site to any serious investor.
Testimonial of Mary from Chicago. Rating: 4.5
About Chicago Listings I was so tired of finding a great deal on the other sites, only to find out that it was sold weeks ago. This has never happened with BankForeclosuresSale. Their listings are up to date and current. The information is accurate and reliable. Finally a site I can trust.
Testimonial of Sergio from North Side. Rating: 4.0
About Chicago Listings I wanted to buy a foreclosure property but as a first time buyer, I was nervous and did not know where to begin. Bankforeclosuressale.com helped me so much! Thanks guys. Your site had tons of information to answer my questions and the buying process was so simple.
Testimonial of Ryan from Chicago Rating: 5.0
About Chicago Listings As an experienced investor, I am always on the lookout for cheap homes. Your website is at the top of my list. I have found some great deals here and have made some really good money flipping these properties. Membership is worth every penny.
Testimonial of Melissa from Forest Glen. Rating: 4.0
About Chicago Listings As a real estate agent, I use BankForeclosuresSale.com all of the time. It has listings that are not in my MLS but are of interest to my clients. There is plenty of information to help my clients make a purchase decision. Thanks Bank Foreclosures Sale!
Testimonial of Robert from Logan Square. Rating: 4.0

Chicago Cheap Houses for Sale: Buying for a Discount

Any search for Chicago cheap houses for sale has to begin with the foreclosure market. Distressed properties such as bank owned homes or government foreclosure homes in Chicago, IL offer the best chances to get a bargain price on a new house in neighborhoods like Bucktown, Gold Coast, Hyde Park, Lincoln Park, River North and Roscoe Village. Whether you're buying cheap homes in Chicago as an investor or just looking to save money on a new single family or multi family home. Our bank foreclosure listings in Chicago, IL are the best place to find the cheapest properties in the city, often available for a discount of anywhere from 20% to 60% of market value.

With our online listings service you'll discover where to find the most affordable repossessed properties including short sales, VA foreclosures, tax lien foreclosures and HUD homes; besides of getting advice on home buying that can help you secure the right price on all kinds of cheap houses in Chicago, IL whether residential foreclosures or commercial foreclosure properties. Buy your next property through our Chicago cheap houses for sale and get the deal of a lifetime!

Home Down Payment Calculator

The home down payment calculator provides you with a detailed list of your monthly mortgage payment options based upon the percentage you pay down.

House Price
$
Down Payment
$%
Loan Program
Interest Rate
%

Total Monthly Housing Payment

% Down Down Payment Total Monthly Housing Payment
0% $ $
1% $ $
3% $ $
5% $ $
10% $ $
15% $ $
20% $ $

Home Prices in Chicago

1 Bedroom Homes
Listed Around:
$247K
See 1 Bd Homes
2 Bedroom Homes
Listed Around:
$275K
Check 2 Bd Houses
Properties under 100K
Home for sale for 100K or less:
$100K
Properties under 100K

Why Us?

If you are looking for affordable foreclosure listings in Chicago, IL you are in the right place.

Everyday we update our listings and triage just the best homes for sale in Chicago and across the nation so you can find in just one place, the best real estate listings to get your home.

We have hundreds of great sale listings opportunities in Cook updated every day including 2 beds homes for sale, awesome short sales deals and houses under 100K in Chicago.

icon money
Find hidden and up to date inventory that you will not find on any other website (not even in Zillow!).
icon file
We are #1 in Customer Satisfaction compared to all other real estate listing websites.
icon home
Get accurate property details of thousands of foreclosed properties nearby.

Useful infographics about Chicago, IL

Foreclosure Rates in Chicago, IL
Top 5 Foreclosed States
Information in Chicago, IL

Chicago Real Estate Investing with the Help of Professionals

Chicago real estate investing can be extremely rewarding, but you have to know how to go about finding the right seized properties to pursue, so you can be sure you're getting the properties with the best potential future house values. Bankforeclosuressale.com specializes in helping you find the REO properties that are right for your needs, and how to evaluate which cheap homes have the best potential for appreciation value.

Whether you're a home buyer searching for townhomes, duplex, triplex, condos or apartment foreclosure homes in Chicago, IL for your family, or you're looking to make an investment in a fixer upper, we'll teach you everything you need to know to make discounted real estate investments at home auctions and through other low cost sale venues.

Disclaimer

Useful Resources

Neighborhoods Near Chicago, IL

Disclaimer
* The likely starting bid for a given property auction, set by the seller at the time of listing. This value can be changed without further notice.