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University Park, IL Short Sale Homes for Sale

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  • 762 Mendocino Ct Unit 2, University Park, IL 60484
    762 Mendocino Ct Unit 2, University Park, IL 60484
    762 Mendocino Ct Unit 2, University Park, IL 60484
    /9

    $85,000

    $25K PRICE INCREASE
    • 3 Beds
    • 1.5 Baths
    • 1,148 Sq Ft

    762 Mendocino Ct Unit 2, University Park, IL 60484

    Opportunity awaits for the right buyer with vision. This property has been vacant and shows signs of wear, but the structure offers a solid foundation for renovation. With the right updates and repairs, this home has strong potential to be transformed into a great residence or profitable investment. Ideal for investors, rehabbers, or buyers looking to build equity through improvements. The scope

    Jaiva Birch Century 21 IMPACT

    762 Mendocino Ct Unit 2, University Park, IL 60484
  • Unlisted Address
    Unlisted Address
    Unlisted Address
    /15

    $159,873

    $10K PRICE DROP Pending
    • 3 Beds
    • 2 Baths
    • 1,900 Sq Ft

    Unlisted Address

    This popular split-level home is full of potential and ready for your personal touch. Step inside to a welcoming ceramic-tiled foyer leading up to the main level, where you'll find a desirable L-shaped living and dining room combination, perfect for entertaining. The efficiently designed, fully equipped eat-in kitchen offers sliding doors that open to a spacious deck-ideal for relaxing or dining

    Thomas Domasik RE/MAX 10 in the Park

    Unlisted Address
Illinois Will County

Short Sale Homes for Sale in University Park, IL

Home Prices in University Park, IL

The median home sale price in University Park, IL is $210,000, up 5% year-over-year. Homes in University Park sell in 36 days on average, compared to the national average of 55 days.

Home Price Trends

Median Sale Price
$210,000
Median Single Family Sale Price
$199,000
Median Townhouse Sale Price
$134,000
Median 2 Bedroom Sale Price
$92,500
Median 1 Bedroom Sale Price
$40,000
Average Price Per Sq Ft
$114
Number of Homes for Sale
11
Last 12 months Home Sales
62
Months of Supply
2.10
Median List Price
$215,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
5%
How to Buy a Home How to Finance a Home How to Sell a Home

In University Park, there are currently 2 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in University Park, IL that offer a unique opportunity for savvy buyers.

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