Bank Owned:Online Event


CHICAGO, Illinois 60636

Property Details

(1509 WEST 71ST PLACE CHICAGO Illinois, 60636)

**This property to be sold via Absolute Auction.** The Starting Bid is set at $1 and the property will be sold to the highest bidder.** There is no reserve‚ seller negotiation or seller review and approval.** NOTE:The structure has been demolished. This sale is for land-only.

Asset Type
Property Type
Land Only
Occupancy Status
Lot Size (Acres)
Monthly HOA Dues
Event Item #
Property ID
Buyer's Premium
$500 regardless of Winning Bid Amount.
Broker Co-Op
2.5% or $1,200 minimum
Financing Information
Conventional Financing Not Available

Transaction Details


  • For Auction Specific Questions, please call 800-611-5555, or email
  • Free Owner's Title Insurance when you use the seller designated title company. A title policy helps ensure the property is free and clear of liens and provides protection against certain defects in title.
  • Bank of America, N.A. associates, household members and business partners are prohibited from purchasing REO properties, either owned or serviced by the Bank, whether directly or indirectly.
  • A Buyer's Premium equal to $500 will be added to all Winning Bid Amounts to determine the Total Purchase Price.
  • If you are the Winning Bidder, an Earnest Money Deposit of 1% of the total purchase price or $1,000 (whichever is greater) is required. Buyer will be offered a Special Warranty Deed or Equivalent.
  • Buyer will be offered a Special Warranty Deed or Equivalent.
  • Property is being offered as is, where is.
  • Until the seller's reserve price is met, may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller’s reserve price is met. Learn more about reserve pricing.
  • Description
  • Documents
Description for 1509 WEST 71ST PLACE CHICAGO Illinois, 60636
Auctioneer Licensing Information, Inc. Ira Becker RE Brkr Lic No. 478.012986

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