If you have been discouraged by the current housing marketing, you are not alone. That's why many people are considering purchasing a foreclosed home as a viable path to homeownership. In Chicago, IL, there are some fantastic foreclosed home options available. If you have been finding it difficult to find a home in your price range in Chicago while saving for a down payment, a foreclosed home could be just the option for you. Foreclosed homes offer the opportunity to get into a home at a reduced price (sometimes substantially reduced) in exchange for potentially needing to make repairs and otherwise fix up the home. Repairs may not always be necessary but it should be anticipated. Below are a variety of homes either in some type of foreclosure or pre-foreclosure status.
Discover and understand more about what you can expect for Chicago, IL in terms of weather, education levels, income levels and more to get a better feel for the city.
|Lack of Highschool Education||11%|
|Highschool Diploma or GED||32%|
The average overall walking score of neighborhoods in Chicago, IL is 2.69 which means it is less easy to walk to nearby businesses and points of interest. Since it is less easy to get around town in Chicago, IL a bike or car will be helpful.