Bank Owned
Online Auction
New Label

7236 S Michigan Ave

Chicago IL 60619
Starting Bid: $98,000
  • 6 Beds
  • 2.0 Baths
  • 3,686 Sq. Ft.

Auction Cancelled

Starting Bid
$98,000 Offer Under Review

NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS!

It is a criminal offense to trespass on this property.  Please contact the listing agent for occupancy status.

Property Details

Property Description

Great investment opportunity Charming brick two flat in Greater Grand Crossing. Two 3 bedroom 1 bath units. Brick two car garage. Extra large lot. Full unfinished basement. Close highway access and public transportation nearby. Buyers must sign up and place bids though www.xome.com. All auction properties are subject to a 5% buyer s premium pursu + Read more

Details Active Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Xome1

Kirby Pearson -  Pearson Realty Group - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2024 Realcomp II Ltd. Shareholders

Key Features

Cash Only
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Reduced Reserve
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Eviction Partner

Auction Cancelled

Starting Bid
$98,000 Offer Under Review

NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS!

It is a criminal offense to trespass on this property.  Please contact the listing agent for occupancy status.

Event Details

#561 - REO - February New Inventory Event

Online Registration Closed

Listing Agent Info Email Agent
Agent Photo

Kirby Pearson

License # 471.002409

Brokerage

Pearson Realty Group
Brokerage License # 481011517

Managing Broker

Kirby G Pearson
License # 471.002409
Documents

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Auction Disclaimers
  • The Auctioneer may bid on behalf of the Seller up to the amount of the Reserve Price by placing successive or consecutive bids for a property or by placing bids in response to other bidders. Any such bids placed by the Auctioneer will not result in a Winning Bid.
  • There is a Buyer's Premium Fee based on a percent of the Winning Bid Amount with a minimum Fee. The Buyer's Premium will be 5 percent of the Winning Bid Amount or the Minimum Fee of $2,500 (US), whichever is greater. The payment of the Buyer's Premium fee shall be a condition of Closing.
  • Property is being offered “AS IS, WHERE IS”.
  • There are no inspection or financing contingencies.
  • The Earnest Money Deposit will be 3 percent of the Total Purchase Price or the Minimum of $3,000 (US), whichever is greater.
  • Buyer will receive a Special Warranty Deed (SWD) or equivalent.
  • Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable.
  • Buyer assumes all responsibility and liability for any occupancy, and assumes all responsibility, liability and cost of taking possession.
  • No trespassing on the property or disturbing current occupant.
  • No physical access/ability to conduct inspections prior to purchase. Buyer assumes all risk.
  • Financing Information: Not Available. Cash Purchase Only.
  • All pictures, details, or descriptions provided are for informational purposes only and may not represent the true and current status of the property now or at the time of sale. Photos may have been digitally enhanced or modified.
  • Information is available for marketing purposes only.
  • Please contact the listing agent directly with questions or inquiries regarding this property.
  • Xome Inc. companies are affiliates of the seller and/or servicer of this property, Nationstar Mortgage LLC d/b/a Mr. Cooper.
  • Pre-Auction Offers – When applicable, pre-auction offers must be submitted by 10 PM CST prior to the start of the Auction Event. If the Pre-Auction offer is not accepted by the Seller before the Auction starts, it will be deemed rejected. If rejected, we encourage all buyers to bid once the Auction begins.
  • Buyers of occupied properties will be required to abide by all local, state, and federal laws and orders when working with occupants of an acquired property. In response to the COVID-19 coronavirus declared pandemic, local, state, and federal laws, regulations, and moratoriums have been enacted to protect those who suffer hardships and are negatively impacted by the virus. The buyer may be required to sign an acknowledgement indicating that the Subject Property and any or all occupants residing therein may be protected by one or more occupancy laws or orders, and the buyer commits to honor and comply with all such applicable laws, regulations, orders, and moratoriums. In particular, the buyer will agree not to commence any court action or other legal proceedings to evict or dispossess the current occupants of the Subject Property until doing so does not violate any such law, regulation, order, or moratorium.
Auctioneer Info
Auctioneer Andrea D Conner
License # 471020674
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This content last refreshed on 11/17/2024 12:16 PM .Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.