Abingdon FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Abingdon, Illinois.

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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10 Photos
N WHITESBORO ST Galesburg IL 61401 Foreclosures 5 1.5 $84,000.00 Details
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6 Photos
W MARY ST Galesburg IL 61401 Foreclosures 2 1 $37,500.00 Details
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MONMOUTH BLVD Galesburg IL 61401 Foreclosures 3 2 $13,700.00 Details
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5 Photos
MAIDEN LN Galesburg IL 61401 Foreclosures 2 1 $41,000.00 Details
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8 Photos
DAYTON DR Galesburg IL 61401 Foreclosures 3 1 $71,500.00 Details
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9 Photos
MAIDEN LN Galesburg IL 61401 Foreclosures 3 1.5 - Details
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HAWKINSON AVE Galesburg IL 61401 Foreclosures 2 1 $69,100.00 Details
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9 Photos
S BURSON ST Yates City IL 61572 Foreclosures 4 2 $46,500.00 Details
About our Listings

How to Buy Abingdon Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Abingdon, IL starts with finding listings. By browsing Abingdon foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Abingdon, IL.

>> See more info about how to Buy foreclosures

How to Invest in Abingdon Foreclosures

How to invest foreclosure

Abingdon foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Abingdon real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Abingdon foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Abingdon foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Abingdon

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Abingdon will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Abingdon, IL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Abingdon apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Illinois Foreclosure Laws

Foreclosure law

In the state of Illinois, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Illinois are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Illinois REO properties.

Abingdon Banks Foreclosures

Bank Foreclosure

Abingdon bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Abingdon, IL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Abingdon bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Abingdon Illinois to be similar to buying from an agent. Check our Abingdon bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Abingdon Government Foreclosures

Government Foreclosure

Abingdon Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Abingdon IL are another popular type of foreclosure, as are VA foreclosures in Abingdon, which are available from the Veterans Affairs Department for especially great deals. Check our Abingdon government foreclosure listings.

>> See more info about govermment foreclosures

Abingdon Pre-Foreclosures

Foreclosure

PreForeclosures in Abingdon are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Abingdon Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Abingdon Foreclosure Auctions

Foreclosure Auction

Most Abingdon foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Abingdon, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Abingdon, IL. We offer a comprehensive Abingdon foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Abingdon, Illinois

Find Home Foreclosure Listings in Abingdon, IL

Abingdon foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Abingdon, IL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Abingdon Illinois, best affordable foreclosure condo in Abingdon, cheap apartments for sale, bargain foreclosed homes for sale in Abingdon, IL and earn huge savings on the homes YOU want to buy!

Our Abingdon Foreclosure Lists

You can find Abingdon foreclosure homes for sale which you can buy for living or investment. Simply click through our Abingdon foreclosure home listings to find government foreclosures and bank owned homes in Abingdon area. If you're searching for a deep discount or low prices on real estate then searching our Abingdon foreclosure lists for homes foreclosure for sale or short sale listing in Abingdon is your answer. Our up-to-date Abingdon short sale listings provide the latest investing opportunities on affordable Abingdon bank owned property listings, government pre foreclosure lists, Abingdon banrkuptcy homes and Abingdon HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Abingdon, you should have little trouble finding the cheapest deal on a foreclosed home in Abingdon, Illinois.

You can also search Galesburg foreclosure listings and Yates City foreclosure listings for more properties in the neighboring area.



Abingdon, IL

As of 2011, Abingdon's population is 3,081 people. Since 2000, it has had a population growth of -14. 70 percent. The median home cost in Abingdon is $61,400. Home appreciation the last year has been -3. 65 percent. Compared to the rest of the country, Abingdon's cost of living is 20. 40% Lower than the U. S. average. Abingdon public schools spend $3,803 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 5 students per teacher in Abingdon. The unemployment rate in Abingdon is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Abingdon jobs have Decreased by 0. 17 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peopleabingdon, ilUS
Population3,081307,829,557
Pop Density2,16987
Pop Change-14.70%9.34%
Median Age41.136.6
Households1,263116,329,167
Household Size2.432.58
Male Population47.99%49.31%
Female Population52.01%50.69%
Married Population49.69%47.15%
Single Population50.31%52.85%
Estimated Households By Household Incomeabingdon, ilUS
Income Less Than 15k11.06%12.10%
Income Between 15k And 25k15.19%10.18%
Income Between 25k And 35k13.44%10.56%
Income Between 35k And 50k22.12%14.98%
Income Between 50k And 75k25.70%19.53%
Income Between 75k And 100k6.52%12.52%
Income Between 100k And 150k5.49%12.14%
Income Between 150k And 250k0.00%3.91%
Income Between 250k And 500k0.32%3.34%
Income Greater Than 500k0.16%0.75%
Economyabingdon, ilUS
Unemployment Rate8.90%9.10%
Recent Job Growth-0.17%-0.12%
Future Job Growth30.76%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income Per Cap$19,549$27,067
Household Income$42,121$52,954
Housingabingdon, ilUS
Median Home Age55.135.1
Median Home Cost$61,400$175,100
Home Appreciation-3.65%-3.15%
Homes Owned67.90%59.90%
Housing Vacant10.34%10.37%
Homes Rented21.75%29.73%
Property Tax Rate$14.11$11.20
Owner Occupied Housing Units By Valueabingdon, ilUS
Less Than 20k7.04%2.65%
20k To 3999913.76%3.76%
40k To 5999927.00%4.99%
60k To 7999918.28%6.01%
80k To 9999919.85%7.27%
100k To 14999911.97%19.24%
150k To 1999991.26%14.67%
200k To 2999990.74%18.09%
300k To 3999990.11%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationabingdon, ilUS
School Expend$3,803$5,678
Pupil Teacher Ratio13.514.9
Students Per Librarian1915803
Students Per Counselor766513
2 Yr College Grad10.52%7.47%
4 Yr College Grad6.19%17.42%
Graduate Degrees2.24%10.12%
High School Grads84.28%84.72%
Crimeabingdon, ilUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtabingdon, ilUS
1999 To 20051.78%13.71%
1995 To 19981.36%8.54%
1990 To 19941.07%5.77%
1980 To 19895.78%13.87%
1970 To 197923.82%16.17%
1960 To 196910.34%11.70%
1950 To 195911.48%11.08%
1940 To 19496.85%6.02%
1939 Or Earlier37.52%13.15%

Table Information