Joliet FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Joliet, IL

Joliet Home Foreclosure Listing ID: 2166068

Foreclosure

Joliet, IL - 60435

2 Bd | 1 Ba | $69,900.00

Joliet Home Foreclosure Listing ID: 2165906

Foreclosure

Joliet, IL - 60432

3 Bd | 2 Ba | $80,250.00

Joliet Home Foreclosure Listing ID: 2128439

Foreclosure

Joliet, IL - 60435

3 Bd | 1 Ba | $85,600.00

Joliet Home Foreclosure Listing ID: 2166072

Foreclosure

Joliet, IL - 60435

2 Bd | 3 Ba | $109,900.00

Joliet Home Foreclosure Listing ID: 2104939

Foreclosure

Joliet, IL - 60435

4 Bd | 4 Ba | $132,500.00

Total: 42
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
22 Photos
NICHOLSON ST Joliet IL 60435 Foreclosures 3 1 $87,480.00 Details
2
15 Photos
EDIE LN Joliet IL 60435 Foreclosures 3 2 $94,760.00 Details
3
12 Photos
ONEILL ST Joliet IL 60436 Foreclosures 3 1 $33,500.00 Details
4
4 Photos
SPRINGWOOD DR Joliet IL 60431 Foreclosures 2 1.5 $122,000.00 Details
5
5 Photos
FAWNLILY CIR Joliet IL 60431 Foreclosures 2 2.5 $120,000.00 Details
6
6 Photos
BLACKHAWK ST Joliet IL 60432 Foreclosures 2 1 $17,000.00 Details
7
9 Photos
N RAYNOR AVE Joliet IL 60435 Foreclosures 4 1 $87,500.00 Details
8
7 Photos
HERITAGE DR APT 2B Joliet IL 60435 Foreclosures 2 2 $76,000.00 Details
9
13 Photos
ADESSO LN Joliet IL 60435 Foreclosures 2 3 $109,900.00 Details
10
19 Photos
GAGE CT Joliet IL 60432 Foreclosures 3 1 $58,000.00 Details
11
24 Photos
S EASTERN AVE Joliet IL 60433 Foreclosures 5 2 $49,500.00 Details
12
8 Photos
N PRAIRIE AVE Joliet IL 60435 Foreclosures 2 1 $69,900.00 Details
13
20 Photos
MONMOUTH DR Joliet IL 60431 Foreclosures 3 2 $118,000.00 Details
14
14 Photos
GLADYS AVE Joliet IL 60436 Foreclosures 5 3 $169,950.00 Details
15
16 Photos
ONEIDA ST Joliet IL 60435 Foreclosures 2 2 $90,000.00 Details
16
10 Photos
WOODSIDE DR Joliet IL 60431 Foreclosures 2 3 $109,180.00 Details
17
18 Photos
ANDERSON AVE Joliet IL 60433 Foreclosures 4 1 $30,000.00 Details
18
7 Photos
STRATFORD CT Joliet IL 60435 Foreclosures 3 1 $85,600.00 Details
19
1 Photo
N RAYNOR AVE Joliet IL 60435 Foreclosures 3 1 $24,000.00 Details
20
7 Photos
MAGNOLIA AVE Joliet IL 60432 Foreclosures 3 2 $80,250.00 Details
About our Listings

How to Buy Joliet Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Joliet Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Joliet Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Joliet Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Joliet Pre-Foreclosures

Foreclosure

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

Joliet Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Joliet, Illinois

Find Home Foreclosure Listings in Joliet, IL

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

Our Joliet Foreclosure Lists

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

You can also search Frankfort foreclosure listings and Bolingbrook foreclosure listings for more properties in the neighboring area.



Joliet, IL

As of 2011, Joliet's population is 144,857 people. Since 2000, it has had a population growth of 36. 27 percent. The median home cost in Joliet is $165,900. Home appreciation the last year has been -4. 87 percent. Compared to the rest of the country, Joliet's cost of living is 3. 70% Higher than the U. S. average. Joliet public schools spend $5,186 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 9 students per teacher in Joliet. The unemployment rate in Joliet is 12. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Joliet jobs have Decreased by 1. 75 percent. Average Commute time is 34 minutes. The National Average is 28 minutes.

Peoplejoliet, ilUS
Population144,857307,829,557
Pop Density3,79887
Pop Change36.27%9.34%
Median Age32.236.6
Households49,183116,329,167
Household Size2.882.58
Male Population49.96%49.31%
Female Population50.04%50.69%
Married Population45.15%47.15%
Single Population54.85%52.85%
Estimated Households By Household Incomejoliet, ilUS
Income Less Than 15k10.20%12.10%
Income Between 15k And 25k9.14%10.18%
Income Between 25k And 35k9.24%10.56%
Income Between 35k And 50k14.89%14.98%
Income Between 50k And 75k21.51%19.53%
Income Between 75k And 100k15.92%12.52%
Income Between 100k And 150k14.57%12.14%
Income Between 150k And 250k2.65%3.91%
Income Between 250k And 500k1.65%3.34%
Income Greater Than 500k0.23%0.75%
Economyjoliet, ilUS
Unemployment Rate12.20%9.10%
Recent Job Growth-1.75%-0.12%
Future Job Growth24.30%31.25%
Sales Taxes7.75%6.80%
Income Taxes3.00%6.25%
Income Per Cap$23,337$27,067
Household Income$57,587$52,954
Housingjoliet, ilUS
Median Home Age35.135.1
Median Home Cost$165,900$175,100
Home Appreciation-4.87%-3.15%
Homes Owned71.61%59.90%
Housing Vacant3.50%10.37%
Homes Rented24.88%29.73%
Property Tax Rate$18.40$11.20
Owner Occupied Housing Units By Valuejoliet, ilUS
Less Than 20k0.43%2.65%
20k To 399990.28%3.76%
40k To 599991.75%4.99%
60k To 799993.97%6.01%
80k To 999996.39%7.27%
100k To 14999931.81%19.24%
150k To 19999926.63%14.67%
200k To 29999922.77%18.09%
300k To 3999994.25%9.14%
400k To 4999990.69%4.94%
500k To 7499990.68%5.42%
750k To 9999990.18%2.03%
1kk Or More0.15%1.77%
Educationjoliet, ilUS
School Expend$5,186$5,678
Pupil Teacher Ratio15.914.9
Students Per Librarian2182803
Students Per Counselor1056513
2 Yr College Grad6.94%7.47%
4 Yr College Grad15.03%17.42%
Graduate Degrees7.13%10.12%
High School Grads81.62%84.72%
Crimejoliet, ilUS
Violent Crime54
Property Crime44
Housing Units By Year Structure Builtjoliet, ilUS
1999 To 200525.87%13.71%
1995 To 19985.54%8.54%
1990 To 199410.14%5.77%
1980 To 19894.00%13.87%
1970 To 19799.68%16.17%
1960 To 196910.93%11.70%
1950 To 195911.98%11.08%
1940 To 19496.62%6.02%
1939 Or Earlier15.23%13.15%

Table Information