Illinois Real Estate at Government Auction

See what these items sold for: real estate sold prices in Illinois.

187 active real estate auctions in Illinois right now.

187 results

Home — 5009 W 101st St, Oak Lawn, IL 60453

No bid

Freddie Mac foreclosure at 5009 W 101st St, Oak Lawn, IL 60453. Status: Active

Oak Lawn, ILReal EstateHomeSteps

Listed until sold

active auctions…

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All auctions in Illinois All real estate auctions

Illinois hosts regular real estate auctions from federal agencies, state departments, and local government entities looking to sell surplus properties. The state's mix of urban, suburban, and rural properties means you'll find downstate commercial spaces and vacant land. These auctions typically feature lower opening bids than traditional market sales, making them worth monitoring if you're looking for investment opportunities or owner-occupied properties.

Frequently Asked Questions

What types of real estate properties appear in Illinois government auctions?

Government agencies in Illinois auction off various property types including single-family homes, apartment buildings, commercial structures, and raw land. The GSA (General Services Administration) regularly lists federal properties, while state and local agencies sell surplus buildings and parcels. Properties are located across the state from Cook County to rural areas, with different condition levels and price points depending on the specific listing.

BidProwl aggregates listings from multiple government auction platforms including GSA Auctions, GovDeals, GovPlanet, and PublicSurplus. You can view all 24 Illinois real estate auctions on this page, then click through to the specific platform hosting each auction. Each platform has its own registration and bidding process, so you'll need to follow the requirements for whichever site is running the auction you're interested in.

Are there inspection opportunities before the auction closes?

Most government real estate auctions include an inspection period before bidding ends. The length and availability of inspections vary by property and auction platform. Check the individual listing details for specific inspection dates and procedures. Some properties may have limited access due to current occupancy or building condition, so review those restrictions early when deciding whether to bid.