HUD Home — 814 Clarke Ave, Waukegan, IL 60085
List Price
$0
Listed Until
Dec 22, 2026
Bids accepted in rolling periods
Market demand: Real Estate in Illinois sell about 27% of the time, typically ~2 bids. Based on 123 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.
Uninsured - cash or rehab loan only
Condition & financingHUD estimates more than ~$5,000 in repairs. Treat it as a project, not a move-in home.
- Not eligible for standard FHA financing. Buy with cash, a conventional loan, or an FHA 203(k) rehab loan.
- Eligible for HUD's $100-down payment program for owner-occupants.
- FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.
Seller
🏛️ U.S. Department of Housing and Urban Development
Condition: As-is
Full Description
HUD foreclosure property. Case #137-315877. Single Family Home · 4 bed · 2 bath · 2635 sqft · Built 1920. 814 Clarke Ave, Waukegan, IL 60085. All Bidders. 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.
Get notified about new real estate auctions like this
Free email alerts - we'll let you know when matching auctions are listed.
Similar Auctions
(250 X 125 Sq ft) (0.72 Acres) Large 5-adjacent Lots about 3.5 Miles from Downtown St. Louis
$5,900
Real Estate · IL
Large 140 x 178 Sq ft (0.66 Acres) (Double Lot) near close to Rend Lake (Benton,
$2,950
Real Estate · IL
Large 50 Ft X 150 Ft Lot in Dowell, IL
$2,450
Real Estate · IL
Large Residential Lot in Kankakee, IL (South-West of Chicago)
$4,450
Real Estate · IL
Residential Lot 1 mile from Bradley University in Peoria, IL
$3,950
Real Estate · IL
(0.96 Ac) City Lot about 10.2 Miles from Downtown St. Louis
$6,900
Real Estate · IL
See all Real Estate in Illinois
161 more live real estate auctions