220 Park Lane, Deerfield, IL 60015
Lake County, IL
Sale amount
Amount not published
Free account: the county's own record
A free account adds the link to the county's own record for this sale, the case and parcel numbers, saved listings and alerts when new sales match your area. No card needed.
How to get the amount
This listing does not include the sale amount. It is public record — held in the case file rather than in Lake, IL's published list.
- 1.Open the official listing for this county.
- 2.Contact the office that publishes this sale for the amount.
- 3.Amounts are usually announced on the day of the sale.
Property Details
Distress timeline
Sources: CivilView
How to act on this listing · IL
Sheriff / judicial foreclosure saleIllinois foreclosures are judicial; the sale is conducted by the sheriff or a court-appointed selling officer (in Cook County often The Judicial Sales Corporation) and is not final until the court confirms it (735 ILCS 5/15-1507, 15-1508). You get a receipt at the sale, a certificate of sale after full payment, and a deed only after the court approves the sale (TJSC; Cook County Sheriff). Title is not guaranteed (TJSC).
- Redemption
- None for a third-party buyer after the sale. The owner's redemption period ends before the sale -- for residential property the later of 7 months after service or 3 months after the judgment (15-1603) -- and 'once expired ... shall not be revived'. A 30-day special right to redeem after confirmation exists only when the purchaser was the mortgagee and its bid was below the redemption amount (15-1604).
- Deposit
- Terms are set by the court's judgment (15-1507). Cook County Sheriff: 10% of the final bid at the time of sale. TJSC: 'Most properties are sold for 25% down ... some are sold at 10% down and others at 100% down', from a certified check registered before the sale -- no third-party checks, lines of credit or other currency.
- Balance due
- Cook County Sheriff: balance within 24 hours by certified or cashier's check. TJSC: balance by 2 p.m. the next business day in certified funds delivered to its office or by wire.
- To bid
- TJSC: valid government photo ID and register your certified funds before bidding (Cook County doors open at 10:00 a.m., sales at 10:30 a.m.).
- Where
- Cook County Sheriff: Daley Center, lower level outside Room 06, 50 W. Washington, Chicago, weekdays at 1 p.m.; TJSC sales at its Chicago office. Statute allows in-person or online sales at the mortgagee's election (15-1507). Notice runs 3 consecutive weeks, 7-45 days before the sale.
- When
- Year-round; Cook County holds sheriff sales Monday-Friday except holidays.
Watch out for
- •The court can refuse to confirm for bad notice, unconscionable terms, fraud or 'justice was otherwise not done' (15-1508); approval 'could take weeks and sometimes months' and TJSC is not responsible for getting it (TJSC).
- •Possession comes 30 days after the confirmation order, and only against parties named in the case; eviction of anyone else is your cost (15-1508; TJSC).
- •The 15-1604 special redemption applies only when the LENDER bought below the redemption amount -- it is not a general post-sale redemption, so do not price one in.
- •Cook County Sheriff charges a $265 sale fee and $15 for the deed; the buyer records it (Cook County Sheriff).
- •No title guarantee: research liens and unpaid taxes before bidding and expect to handle any eviction (TJSC).
Rules checked 2026-09-17 against codes.findlaw.com, tjsc.com, cookcountysheriffil.gov. Terms vary by county — confirm Lake County's own notice and the linked source before you bid. Not legal advice.
Due diligence checklist
- 01
Pull a title report
Confirm what liens survive the sale. Many tax sales wipe junior liens but not federal IRS or municipal liens. A title company can run this for ~$50-150.
- 02
Drive by the property
Check occupancy, exterior condition, signs of vandalism, neighborhood comps. You won't get inside before the auction in most cases.
- 03
Have funds ready before bidding
Most sheriff/tax sales require payment same-day or within 24 hours via cashier's check or wire. Pre-approval letters are not accepted.
- 04
Run the numbers
Add holding costs (taxes, insurance, utilities), renovation budget, and selling costs to your max bid. A property at 60% of ARV often needs 30%+ in repairs.
- 05
Talk to a real-estate attorney
Distressed sales in IL have rules that vary by county. A 30-min consult before your first auction is worth it.
Similar in Lake County
Comparable listings
Disclaimer: Property data is collected from public county records and may not be fully current or accurate. Always verify information directly with the county before making any decisions.