GA

Will County, Illinois Government Auctions

5 open listings in Will County, including 4 HUD REO home, 1 cars & trucks. Every listing links to the official source to bid.

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Open now in Will County

RE

Real Estate

HUD HomeStore

Open

820 Greenbriar Lane, University Park, IL

University Park, Illinois

HUD-owned (FHA) foreclosed home at 820 Greenbriar Lane, University Park, IL 60484, FHA case #137-287094, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-04). 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

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RE

Real Estate

HUD HomeStore

Open

203 Sycamore Dr, Park Forest, IL

Park Forest, Illinois

HUD-owned (FHA) foreclosed home at 203 Sycamore Dr, Park Forest, IL 60466, FHA case #137-824379, currently listed for sale on HUD HomeStore (acquired by HUD 2020-03-19). 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

RE

Real Estate

HUD HomeStore

Open

100 Northfield Dr, Minooka, IL

Minooka, Illinois

HUD-owned (FHA) foreclosed home at 100 Northfield Dr, Minooka, IL 60447, FHA case #137-380046, currently listed for sale on HUD HomeStore (acquired by HUD 2020-04-16). 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

RE

Real Estate

HUD HomeStore

Open

1481 Vincennes St, Crete, IL

Crete, Illinois

HUD-owned (FHA) foreclosed home at 1481 Vincennes St, Crete, IL 60417, FHA case #137-016543, currently listed for sale on HUD HomeStore (acquired by HUD 2020-04-23). 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 Will 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.