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HUD Home — 125 N Church St, Ludlow, IL 60949
This lot sold for $95,000 at government auction in Ludlow, IL on June 5, 2026.
List Price
$95,000
Listed Until
Jun 5, 2026
Bids accepted in rolling periods
Market demand: Real Estate in Illinois sell about 27% of the time, typically ~2 bids. Based on 281 completed sales over the last year.
- This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
- The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
- Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.
The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.
- 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.
Seller
U.S. Department of Housing and Urban Development
Condition: As-is
Full Description
HUD foreclosure property. Case #132-386080. Single Family Home · 3 bed · 2 bath · 1461 sqft · Built 1975. 125 N Church St, Ludlow, IL 60949. Owner Occupants, Nonprofits, and Government Agencies only. Contact a HUD-registered broker to submit an offer.
Pickup information
U.S. Department of Housing and Urban Development
- This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
- The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
- Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.
The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.
- 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.
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.