Wheeling FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Wheeling, IL

Wheeling Home Foreclosure Listing ID: 2142236

Foreclosure

Wheeling, IL - 60090

1 Bd | 1 Ba | $46,500.00

Wheeling Home Foreclosure Listing ID: 2141973

Foreclosure

Wheeling, IL - 60090

1 Bd | 1 Ba | $48,000.00

Wheeling Home Foreclosure Listing ID: 2136907

Foreclosure

Wheeling, IL - 60090

2 Bd | 2 Ba | $53,460.00

Wheeling Home Foreclosure Listing ID: 2146997

Foreclosure

Wheeling, IL - 60090

2 Bd | 1.1 Ba | $55,000.00

Wheeling Home Foreclosure Listing ID: 2128362

Foreclosure

Wheeling, IL - 60090

3 Bd | 3 Ba | $146,900.00

Total: 18
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
14 Photos
WOODLAND DR Wheeling IL 60090 Foreclosures 3 3 $146,900.00 Details
2
20 Photos
STRATFORD CT APT B2 Wheeling IL 60090 Foreclosures 2 2 $152,000.00 Details
3
1 Photo
JASPEN CT Wheeling IL 60090 Foreclosures 2 1.1 $55,000.00 Details
4
10 Photos
EXETER CT Wheeling IL 60090 Foreclosures 2 2 $62,500.00 Details
5
14 Photos
PLEASANT RUN DR APT 811 Wheeling IL 60090 Foreclosures 2 2 $53,460.00 Details
6
12 Photos
PLEASANT RUN DR APT 813 Wheeling IL 60090 Foreclosures 1 1 $48,000.00 Details
7
8 Photos
PLEASANT RUN DR APT 509 Wheeling IL 60090 Foreclosures 1 1 $46,500.00 Details
8
5 Photos
E MANCHESTER DR Wheeling IL 60090 Foreclosures 3 2 - Details
9
1 Photo
WHEELING RD Wheeling IL 60090 Auctions - - - Details
10
20 Photos
HARBOUR DR APT 4N Wheeling IL 60090 Foreclosures 2 2 $64,900.00 Details
11
8 Photos
N MILWAUKEE AVE APT 201 Wheeling IL 60090 Foreclosures 1 1 $112,000.00 Details
12
9 Photos
ANITA PL Wheeling IL 60090 Foreclosures 3 1 $125,500.00 Details
13 -
0 Photo
RIVER MILL PKWY Wheeling IL 60090 Foreclosures 3 3 $153,500.00 Details
14
1 Photo
SHADOWBEND DR Wheeling IL 60090 Foreclosures 3 2.5 - Details
15
2 Photos
CAMDEN CT APT B2 Wheeling IL 60090 Foreclosures 2 2 - Details
16 -
0 Photo
GINGER WOODS CT # 1420 Wheeling IL 60090 Foreclosures 3 2.5 - Details
17
3 Photos
RIVER MILL PKWY Wheeling IL 60090 Foreclosures 2 2.1 - Details
18 -
0 Photo
GARTH RD Wheeling IL 60090 Foreclosures - 2.5 - Details
About our Listings

How to Buy Wheeling Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Wheeling, IL starts with finding listings. By browsing Wheeling 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 Wheeling, IL.

>> See more info about how to Buy foreclosures

How to Invest in Wheeling Foreclosures

How to invest foreclosure

Wheeling 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 Wheeling real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Wheeling 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 Wheeling 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 Wheeling

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Wheeling 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 Wheeling, IL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Wheeling 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.

Wheeling Banks Foreclosures

Bank Foreclosure

Wheeling bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Wheeling, 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 Wheeling bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Wheeling Illinois to be similar to buying from an agent. Check our Wheeling bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Wheeling Government Foreclosures

Government Foreclosure

Wheeling 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 Wheeling IL are another popular type of foreclosure, as are VA foreclosures in Wheeling, which are available from the Veterans Affairs Department for especially great deals. Check our Wheeling government foreclosure listings.

>> See more info about govermment foreclosures

Wheeling Pre-Foreclosures

Foreclosure

PreForeclosures in Wheeling are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Wheeling 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

Wheeling Foreclosure Auctions

Foreclosure Auction

Most Wheeling 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 Wheeling, 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 Wheeling, IL. We offer a comprehensive Wheeling foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Wheeling, Illinois

Find Home Foreclosure Listings in Wheeling, IL

Wheeling 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 Wheeling, 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 Wheeling Illinois, best affordable foreclosure condo in Wheeling, cheap apartments for sale, bargain foreclosed homes for sale in Wheeling, IL and earn huge savings on the homes YOU want to buy!

Our Wheeling Foreclosure Lists

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

You can also search Skokie foreclosure listings and Wilmette foreclosure listings for more properties in the neighboring area.



Wheeling, IL

As of 2011, Wheeling's population is 34,370 people. Since 2000, it has had a population growth of -0. 43 percent. The median home cost in Wheeling is $228,400. Home appreciation the last year has been -4. 80 percent. Compared to the rest of the country, Wheeling's cost of living is 14. 90% Higher than the U. S. average. Wheeling public schools spend $6,822 per student. The average school expenditure in the U. S. is $5,678. There are about 16 students per teacher in Wheeling. The unemployment rate in Wheeling is 8. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Wheeling jobs have Decreased by 0. 30 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplewheeling, ilUS
Population34,370307,829,557
Pop Density4,01187
Pop Change-0.43%9.34%
Median Age38.336.6
Households12,603116,329,167
Household Size2.692.58
Male Population49.63%49.31%
Female Population50.37%50.69%
Married Population49.67%47.15%
Single Population50.33%52.85%
Estimated Households By Household Incomewheeling, ilUS
Income Less Than 15k5.86%12.10%
Income Between 15k And 25k6.01%10.18%
Income Between 25k And 35k7.31%10.56%
Income Between 35k And 50k14.11%14.98%
Income Between 50k And 75k24.15%19.53%
Income Between 75k And 100k16.74%12.52%
Income Between 100k And 150k17.31%12.14%
Income Between 150k And 250k4.29%3.91%
Income Between 250k And 500k3.64%3.34%
Income Greater Than 500k0.57%0.75%
Economywheeling, ilUS
Unemployment Rate8.40%9.10%
Recent Job Growth-0.30%-0.12%
Future Job Growth31.00%31.25%
Sales Taxes8.75%6.80%
Income Taxes3.00%6.25%
Income Per Cap$30,355$27,067
Household Income$67,370$52,954
Housingwheeling, ilUS
Median Home Age32.835.1
Median Home Cost$228,400$175,100
Home Appreciation-4.80%-3.15%
Homes Owned69.66%59.90%
Housing Vacant3.95%10.37%
Homes Rented26.38%29.73%
Property Tax Rate$16.10$11.20
Owner Occupied Housing Units By Valuewheeling, ilUS
Less Than 20k0.94%2.65%
20k To 399991.40%3.76%
40k To 599991.12%4.99%
60k To 799991.06%6.01%
80k To 999991.61%7.27%
100k To 14999912.66%19.24%
150k To 19999924.11%14.67%
200k To 29999934.17%18.09%
300k To 39999914.48%9.14%
400k To 4999994.39%4.94%
500k To 7499993.18%5.42%
750k To 9999990.58%2.03%
1kk Or More0.29%1.77%
Educationwheeling, ilUS
School Expend$6,822$5,678
Pupil Teacher Ratio1614.9
Students Per Librarian571803
Students Per Counselor0513
2 Yr College Grad7.10%7.47%
4 Yr College Grad23.48%17.42%
Graduate Degrees12.28%10.12%
High School Grads85.94%84.72%
Crimewheeling, ilUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtwheeling, ilUS
1999 To 20052.42%13.71%
1995 To 19983.11%8.54%
1990 To 19945.61%5.77%
1980 To 198930.41%13.87%
1970 To 197929.13%16.17%
1960 To 196917.38%11.70%
1950 To 19599.69%11.08%
1940 To 19491.54%6.02%
1939 Or Earlier0.72%13.15%

Table Information