709 E Morton St, Sparta, IL 62286
Current bid:
$24,900
Time Left
Ends Invalid Date
Market demand: Real Estate in Illinois sell about 26% of the time, typically ~2 bids. Based on 264 completed sales over the last year.
- This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
- County tax sales in Illinois: Illinois is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 30 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.
We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.
Financing
Need funding for this flip?
Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.
New borrowers get a $350 credit on their first closed loan.
See fix-and-flip loan options →Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.
Seller
Freddie Mac (HomeSteps)
Condition: REO / sold as-is
Full Description
Freddie Mac HomeSteps REO home at 709 E Morton St, Sparta, IL, 62286. 1 bed, 1 bath. Sold as-is by Freddie Mac; submit an offer through a real-estate agent.
Pickup information
Freddie Mac (HomeSteps)
- This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
- County tax sales in Illinois: Illinois is a tax lien state. The county sells the unpaid tax debt, not the house. You buy a certificate that earns interest, and you only get the property if the owner never repays. The former owner then has 30 months to reclaim the property. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.
We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.
Financing
Need funding for this flip?
Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.
New borrowers get a $350 credit on their first closed loan.
See fix-and-flip loan options →Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.
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