Dixon FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Dixon, Illinois.

Total: 5
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
S COLLEGE AVE Dixon IL 61021 Foreclosures 2 1 $24,900.00 Details
2
6 Photos
W 7TH ST Dixon IL 61021 Foreclosures 2 1 $39,900.00 Details
3
8 Photos
CLARK ST Dixon IL 61021 Foreclosures 3 1.75 $43,300.00 Details
4 -
0 Photo
VALLEY VIEW DR Dixon IL 61021 Foreclosures 3 2.5 $154,900.00 Details
5
12 Photos
WASHINGTON AVE Dixon IL 61021 Foreclosures 3 1 $30,000.00 Details
About our Listings

How to Buy Dixon Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Dixon, IL starts with finding listings. By browsing Dixon foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Dixon, IL.

>> See more info about how to Buy foreclosures

How to Invest in Dixon Foreclosures

How to invest foreclosure

Dixon foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Dixon real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Dixon foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Dixon foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Dixon

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Dixon will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Dixon, IL. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Dixon apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Illinois Foreclosure Laws

Foreclosure law

In the state of Illinois, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Illinois are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Illinois REO properties.

Dixon Banks Foreclosures

Bank Foreclosure

Dixon bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Dixon, IL are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Dixon bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Dixon Illinois to be similar to buying from an agent. Check our Dixon bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Dixon Government Foreclosures

Government Foreclosure

Dixon Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Dixon IL are another popular type of foreclosure, as are VA foreclosures in Dixon, which are available from the Veterans Affairs Department for especially great deals. Check our Dixon government foreclosure listings.

>> See more info about govermment foreclosures

Dixon Pre-Foreclosures

Foreclosure

PreForeclosures in Dixon are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Dixon Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Dixon Foreclosure Auctions

Foreclosure Auction

Most Dixon foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Dixon, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Dixon, IL. We offer a comprehensive Dixon foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Dixon, Illinois

Find Home Foreclosure Listings in Dixon, IL

Dixon foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Dixon, IL and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Dixon Illinois, best affordable foreclosure condo in Dixon, cheap apartments for sale, bargain foreclosed homes for sale in Dixon, IL and earn huge savings on the homes YOU want to buy!

Our Dixon Foreclosure Lists

You can find Dixon foreclosure homes for sale which you can buy for living or investment. Simply click through our Dixon foreclosure home listings to find government foreclosures and bank owned homes in Dixon area. If you're searching for a deep discount or low prices on real estate then searching our Dixon foreclosure lists for homes foreclosure for sale or short sale listing in Dixon is your answer. Our up-to-date Dixon short sale listings provide the latest investing opportunities on affordable Dixon bank owned property listings, government pre foreclosure lists, Dixon banrkuptcy homes and Dixon HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Dixon, you should have little trouble finding the cheapest deal on a foreclosed home in Dixon, Illinois.

You can also search Lee foreclosure listings and West Brooklyn foreclosure listings for more properties in the neighboring area.



Dixon, IL

As of 2011, Dixon's population is 14,604 people. Since 2000, it has had a population growth of -8. 47 percent. The median home cost in Dixon is $96,300. Home appreciation the last year has been -3. 79 percent. Compared to the rest of the country, Dixon's cost of living is 14. 20% Lower than the U. S. average. Dixon public schools spend $4,836 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 6 students per teacher in Dixon. The unemployment rate in Dixon is 10. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Dixon jobs have Decreased by 1. 45 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peopledixon, ilUS
Population14,604307,829,557
Pop Density2,36987
Pop Change-8.47%9.34%
Median Age38.836.6
Households5,550116,329,167
Household Size2.292.58
Male Population51.28%49.31%
Female Population48.72%50.69%
Married Population41.60%47.15%
Single Population58.40%52.85%
Estimated Households By Household Incomedixon, ilUS
Income Less Than 15k12.09%12.10%
Income Between 15k And 25k13.90%10.18%
Income Between 25k And 35k13.74%10.56%
Income Between 35k And 50k18.55%14.98%
Income Between 50k And 75k22.05%19.53%
Income Between 75k And 100k10.09%12.52%
Income Between 100k And 150k7.39%12.14%
Income Between 150k And 250k1.22%3.91%
Income Between 250k And 500k0.90%3.34%
Income Greater Than 500k0.07%0.75%
Economydixon, ilUS
Unemployment Rate10.20%9.10%
Recent Job Growth-1.45%-0.12%
Future Job Growth26.90%31.25%
Sales Taxes6.75%6.80%
Income Taxes3.00%6.25%
Income Per Cap$20,916$27,067
Household Income$43,386$52,954
Housingdixon, ilUS
Median Home Age58.735.1
Median Home Cost$96,300$175,100
Home Appreciation-3.79%-3.15%
Homes Owned60.63%59.90%
Housing Vacant8.40%10.37%
Homes Rented30.97%29.73%
Property Tax Rate$17.69$11.20
Owner Occupied Housing Units By Valuedixon, ilUS
Less Than 20k1.96%2.65%
20k To 399991.90%3.76%
40k To 599997.95%4.99%
60k To 7999917.39%6.01%
80k To 9999926.10%7.27%
100k To 14999932.41%19.24%
150k To 1999996.94%14.67%
200k To 2999993.86%18.09%
300k To 3999990.87%9.14%
400k To 4999990.44%4.94%
500k To 7499990.16%5.42%
750k To 9999990.00%2.03%
1kk Or More0.03%1.77%
Educationdixon, ilUS
School Expend$4,836$5,678
Pupil Teacher Ratio17.614.9
Students Per Librarian2885803
Students Per Counselor1442513
2 Yr College Grad7.47%7.47%
4 Yr College Grad9.66%17.42%
Graduate Degrees4.48%10.12%
High School Grads81.11%84.72%
Crimedixon, ilUS
Violent Crime44
Property Crime64
Housing Units By Year Structure Builtdixon, ilUS
1999 To 20052.03%13.71%
1995 To 19983.53%8.54%
1990 To 19942.11%5.77%
1980 To 19894.19%13.87%
1970 To 197911.25%16.17%
1960 To 196912.84%11.70%
1950 To 195915.71%11.08%
1940 To 19499.95%6.02%
1939 Or Earlier38.39%13.15%

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