Round Lake FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Round Lake, IL

Round Lake Home Foreclosure Listing ID: 2091588

Foreclosure

Round Lake, IL - 60073

2 Bd | 1.5 Ba | $19,900.00

Round Lake Home Foreclosure Listing ID: 2165727

Foreclosure

Round Lake, IL - 60073

4 Bd | 2 Ba | $69,900.00

Round Lake Home Foreclosure Listing ID: 2147113

Foreclosure

Round Lake, IL - 60073

2 Bd | 2.5 Ba | $73,000.00

Round Lake Home Foreclosure Listing ID: 2165747

Foreclosure

Round Lake, IL - 60073

2 Bd | 3 Ba | $91,000.00

Round Lake Home Foreclosure Listing ID: 2165777

Foreclosure

Round Lake, IL - 60073

3 Bd | 2 Ba | $112,500.00

Total: 32
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
W REMINGTON LN Round Lake IL 60073 Foreclosures 2 2.1 $65,000.00 Details
2
5 Photos
S JADE LN Round Lake IL 60073 Foreclosures 2 2.5 $73,000.00 Details
3
10 Photos
RICHARD BROWN BLVD Round Lake IL 60073 Foreclosures 2 3 $91,000.00 Details
4
1 Photo
REDWING ST Round Lake IL 60073 Foreclosures 3 1 $38,000.00 Details
5
27 Photos
KENWOOD DR Round Lake IL 60073 Foreclosures 5 2 $105,600.00 Details
6
8 Photos
MEADOW GREEN LN Round Lake IL 60073 Foreclosures 2 1.1 $33,000.00 Details
7
11 Photos
BARBERRY LN Round Lake IL 60073 Foreclosures 3 2 $35,000.00 Details
8
8 Photos
N BARBERRY RD Round Lake IL 60073 Foreclosures 3 2.1 $57,000.00 Details
9
30 Photos
N CARLISLE CT Round Lake IL 60073 Foreclosures 2 3 $104,900.00 Details
10
12 Photos
CARL DR Round Lake IL 60073 Foreclosures 3 2 $112,500.00 Details
11
10 Photos
BRENTWOOD DR Round Lake IL 60073 Foreclosures 2 1.5 $19,900.00 Details
12
5 Photos
BARBERRY LN Round Lake IL 60073 Foreclosures 4 1.1 $60,000.00 Details
13
25 Photos
N BARBERRY RD Round Lake IL 60073 Foreclosures 2 2 $62,500.00 Details
14
10 Photos
BARBERRY LN Round Lake IL 60073 Foreclosures 4 2 $69,900.00 Details
15
12 Photos
CHESAPEAKE TRL Round Lake IL 60073 Foreclosures 4 2.5 $154,900.00 Details
16
11 Photos
E RUSTIC LN Round Lake IL 60073 Foreclosures 3 2.1 $94,000.00 Details
17
6 Photos
E ROLLINS RD Round Lake IL 60073 Foreclosures 3 1 $40,000.00 Details
18
8 Photos
W CRYSTAL ROCK CT UNIT 3B Round Lake IL 60073 Foreclosures 2 1 $44,900.00 Details
19
17 Photos
W DAHLIA LN Round Lake IL 60073 Foreclosures 3 2.1 $120,000.00 Details
20
2 Photos
W BIG HORN DR Round Lake IL 60073 Foreclosures 2 2.5 $91,900.00 Details
About our Listings

How to Buy Round Lake Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Round Lake Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Round Lake Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Round Lake Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Round Lake Pre-Foreclosures

Foreclosure

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

Round Lake Foreclosure Auctions

Foreclosure Auction

Most Round Lake 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 Round Lake, 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 Round Lake, IL. We offer a comprehensive Round Lake foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Round Lake, Illinois

Find Home Foreclosure Listings in Round Lake, IL

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

Our Round Lake Foreclosure Lists

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

You can also search Lincolnshire foreclosure listings and Wadsworth foreclosure listings for more properties in the neighboring area.



Round Lake, IL

As of 2011, Round Lake's population is 9,588 people. Since 2000, it has had a population growth of 64. 21 percent. The median home cost in Round Lake is $207,700. Home appreciation the last year has been -4. 71 percent. Compared to the rest of the country, Round Lake's cost of living is 2. 50% Higher than the U. S. average. Round Lake public schools spend $3,981 per student. The average school expenditure in the U. S. is $5,678. There are about 22. 3 students per teacher in Round Lake. The unemployment rate in Round Lake is 10. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Round Lake jobs have Decreased by 0. 84 percent. Average Commute time is 39 minutes. The National Average is 28 minutes.

Peopleround-lake, ilUS
Population9,588307,829,557
Pop Density2,73287
Pop Change64.21%9.34%
Median Age34.836.6
Households3,327116,329,167
Household Size2.92.58
Male Population50.15%49.31%
Female Population49.85%50.69%
Married Population51.50%47.15%
Single Population48.50%52.85%
Estimated Households By Household Incomeround-lake, ilUS
Income Less Than 15k6.25%12.10%
Income Between 15k And 25k7.28%10.18%
Income Between 25k And 35k6.59%10.56%
Income Between 35k And 50k13.17%14.98%
Income Between 50k And 75k19.55%19.53%
Income Between 75k And 100k18.49%12.52%
Income Between 100k And 150k19.46%12.14%
Income Between 150k And 250k5.92%3.91%
Income Between 250k And 500k2.93%3.34%
Income Greater Than 500k0.36%0.75%
Economyround-lake, ilUS
Unemployment Rate10.50%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income Per Cap$28,514$27,067
Household Income$71,539$52,954
Housinground-lake, ilUS
Median Home Age13.935.1
Median Home Cost$207,700$175,100
Home Appreciation-4.71%-3.15%
Homes Owned75.59%59.90%
Housing Vacant6.39%10.37%
Homes Rented18.01%29.73%
Property Tax Rate$19.95$11.20
Owner Occupied Housing Units By Valueround-lake, ilUS
Less Than 20k6.96%2.65%
20k To 3999913.13%3.76%
40k To 599991.61%4.99%
60k To 799990.94%6.01%
80k To 999990.67%7.27%
100k To 1499999.20%19.24%
150k To 19999920.58%14.67%
200k To 29999935.35%18.09%
300k To 3999997.93%9.14%
400k To 4999991.87%4.94%
500k To 7499991.61%5.42%
750k To 9999990.15%2.03%
1kk Or More0.00%1.77%
Educationround-lake, ilUS
School Expend$3,981$5,678
Pupil Teacher Ratio22.314.9
Students Per Librarian6844803
Students Per Counselor1711513
2 Yr College Grad6.30%7.47%
4 Yr College Grad16.57%17.42%
Graduate Degrees7.43%10.12%
High School Grads78.73%84.72%
Crimeround-lake, ilUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtround-lake, ilUS
1999 To 200541.52%13.71%
1995 To 19988.33%8.54%
1990 To 199414.10%5.77%
1980 To 19895.09%13.87%
1970 To 197917.39%16.17%
1960 To 19693.96%11.70%
1950 To 19593.96%11.08%
1940 To 19492.69%6.02%
1939 Or Earlier2.97%13.15%

Table Information