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Marshall County, Illinois Government Auctions

6 open listings in Marshall County, including 4 HUD REO home, 2 freddie mac REO. Every listing links to the official source to bid.

Search & filter 6 listings

Open now in Marshall County

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Real Estate

HUD HomeStore

Open

317 S Washington St, Lacon, IL

Lacon, Illinois

HUD-owned (FHA) foreclosed home at 317 S Washington St, Lacon, IL 61540, FHA case #132-163630, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-05). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

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Real Estate

HUD HomeStore

Open

705 Richard St, Henry, IL

Henry, Illinois

HUD-owned (FHA) foreclosed home at 705 Richard St, Henry, IL 61537, FHA case #132-323750, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-18). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

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Real Estate

HUD HomeStore

Open

221 W Santa Fe Ave, Toluca, IL

Toluca, Illinois

HUD-owned (FHA) foreclosed home at 221 W Santa Fe Ave, Toluca, IL 61369, FHA case #132-302407, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-14). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

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Real Estate

Freddie Mac HomeSteps

Open

714 County Line Rd E, Sparland, IL 61565

Sparland, Illinois

Freddie Mac HomeSteps (REO) home in Sparland, IL. 3 bed, 1 bath. 3,340 sq ft. Built 1900. Single-Family. List price $134,900. Marshall County. Offers go through the listing broker (FOUR SEASONS REALTY INC); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$134,900

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Real Estate

Freddie Mac HomeSteps

Open

1104 Front Street, Henry, IL 61537

Henry, Illinois

Freddie Mac HomeSteps (REO) home in Henry, IL. 2 bed, 1 bath. 672 sq ft. Built 1900. Single-Family. List price $69,900. Marshall County. Offers go through the listing broker (CENTURY 21 LINCOLN NATIONAL REALTY); view full property details, photos and how to make an offer on the official HomeSteps listing.

Listed price

$69,900

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Real Estate

HUD HomeStore

Open

518 Third St, Lacon, IL

Lacon, Illinois

HUD-owned (FHA) foreclosed home at 518 Third St, Lacon, IL 61540, FHA case #132-251525, currently listed for sale on HUD HomeStore (acquired by HUD 2020-03-13). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

See source

How these sales work

Buying government property in Marshall County

Illinois is a tax lien state

Illinois counties hold an annual tax sale where investors bid down the penalty rate on delinquent taxes and receive a certificate of purchase; unsold parcels can be picked up at later scavenger sales.

Redemption period
Owners commonly have two to two and a half years to redeem depending on property type, and the buyer must petition the circuit court for a tax deed after the period expires.
Interest or penalty
The penalty rate is bid down from a statutory ceiling and accrues every six months, so a low winning bid means a low return.
Full Illinois guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

Compare government real-estate sale types →

General information, not legal advice; the official sale notice controls.