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FOREST CITY, IL HOME – $9,900 | NO RESERVE! Fixer-Upper Investment Opportunity 🏡

GovDealsReal Estate📍Chicago, IL

Current bid:

$9,900

Time Left

9d 4h

Ends Nov 19, 2026

Pre-bid checklist10/8

The property

  • Title and liens: "📜 Transfer by Quitclaim Deed"

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Illinois sell about 32% of the time, typically ~2 bids. Based on 317 completed sales over the last year.

No issues flagged on this property (see details)

✓ Checked: partial ownership share, timeshare, mobile home, vacant land.

Estimated market valueThe county's estimated market value, as the listing states it. Not our estimate.
$105,000

Opening bid is 9.4% of this value (lower than most in the US).

Across 1,950 parcels in the US that publish one, the median opening bid is 50% of the county's value, and the middle half run 20% to 100%. A low share can mean a bargain, or a property the county value no longer describes.

Before sale day

Sale date Nov 18, 2026 (in 10 days)

These checks read the county's listing, not the title records. A property with nothing flagged can still carry liens, so order a title search before you bid. Not legal advice.

Seller

TERRABIDGOLD LLC, IL

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

🚨🔥 **EXTREME PRICE REDUCTION – PROPERTY CLEARANCE SALE!** 🔥🚨 🏡 **28 EDGEWOOD TERRACE – FOREST CITY, IL 61532** 💥 **ONLY $9,900 CASH!** 💥 ⚡ **INCREDIBLE DEAL – MUST SELL!** We are drastically reducing the price as part of our property clearance sale! This is an opportunity to purchase an affordable property with tremendous potential at an exceptionally low price. 🏠 **SOLD BY TERRABIDGOLD LLC** 📈 **ESTIMATED MARKET VALUE: $105,000–$230,000** 🏡 **GREAT INVESTMENT POSSIBILITIES:** - Perfect opportunity for a fixer-upper project. - Potential Airbnb or short-term vacation rental. - Long-term rental investment. - Affordable primary residence. - Vacation getaway. 📍 **CONVENIENT LOCATION – NEARBY COMMUNITIES:** 🚗 Manito – approximately 10–15 minutes 🚗 Havana – approximately 25–30 minutes 🚗 Mason City – approximately 25–30 minutes 🚗 Pekin – approximately 30–35 minutes 🚗 South Pekin – approximately 30–35 minutes 🚗 San Jose – approximately 30 minutes Enjoy a peaceful small-town setting with convenient driving access to several nearby communities. This location offers interesting possibilities for a vacation getaway or Airbnb investment. 🛠️ **PROPERTY DETAILS:** - Utilities need to be restored. - Interior repairs and cleanup are needed. - Previous owner's personal belongings remain and must be removed. 📜 Transfer by Quitclaim Deed. ✅ PROPERTY TAXES PAID FOR 2026 & 2027. 📅 Buyer begins paying property taxes in 2028. 🚨 **SPECIAL CLEARANCE PRICE: ONLY $9,900 CASH!** We have significantly reduced the price to sell quickly. Take advantage of this opportunity before someone else does! 🔥 **BUY LOW • RENOVATE • CREATE VALUE!** 📲 Contact us today for more information! **TERRABIDGOLD LLC**

Pickup information

Chicago, IL 60639-4526

TERRABIDGOLD LLC, IL

Pickup within 10 business days
Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.