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Bank Owned Properties Currently for Sale

Welcome to the LoopNet.com Bank Owned Property page. Browse our inventory of current Bank Owned Commercial Properties available for sale. Listed are current short sales, REO properties and commercial foreclosure listings.

LoopNet is the top site for commercial real estate online and operates the most heavily trafficked website for bank owned properties. LoopNet has more than $425 billion worth of commercial real estate posted for sale and around 6.3 billion sq ft of commercial real estate space for lease. LoopNet hosts a community of over 7 million members. Many of these real estate professionals specialize in bank owned properties, making LoopNet not only a hub for the best finds in real estate but specifically property that is now owned by a bank.

Below are the available Bank Owned Properties on LoopNet.com.

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Bank Owned Property - Bank Owned | Commercial Property
Bank Owned Property - Bank Owned | Commercial Property
Waterford, Michigan 48328PREVIEW: June 2 | 11am - 1pm 7,500+/- sf Commercial Building 0.82+/- Acre Formerly Operating as Daycare Facility O-1 General Office Zoning Means...
  • Office Building
Bank Owned Property - BANK OWNED 2 STORY END UNIT OFFICE CONDO!
Bank Owned Property - BANK OWNED 2 STORY END UNIT OFFICE CONDO!
Hiram, Georgia 30141Bank Owned! Instant Equity! Large, End Unit, 2 Story Office Condo in a Great Location! Building has a Reception Area with Hardwood Floors. Main...
  • Office Condo
Bank Owned Property - Long Leaf RV Park (Bank Owned)
Bank Owned Property - Long Leaf RV Park (Bank Owned)
Defuniak Springs, Florida 32435Parcel(s) in Walton County FL : 26-2N-19-18100-000-0010 26-2N-19-180000-009-0040 26-2N-19-18000-009-0030 LESS AND EXPECT Any portion of the...
  • Commercial/Other (land)
Bank Owned Property - REO Bank Owned Near Orlando in Kissimmee Florida
Bank Owned Property - REO Bank Owned Near Orlando in Kissimmee Florida
Kissimmee, Florida 34758BANK OWNED COMMERCIAL LAND Abutting Home Depot and just down the street from the future SunRail Station. Should work for Public Storage,...
  • Retail (land)
Bank Owned Property - 7428 Hancock
Bank Owned Property - 7428 Hancock
Wonder Lake, Illinois 60097Bank Owned 3,098 SF free standing masonry commercial building, formerly Wonder Lake Post Office and small engine repair shop. Approx. 1,000 SF...
  • Free Standing Bldg
Bank Owned Property - Cape Coral Lot Assemblage
Bank Owned Property - Cape Coral Lot Assemblage
Cape Coral, Florida 33991This 5 lot package in Cape Coral is a perfect start for a small home builder or developer! Located within the CORR Zoning district and close to...
  • Residential (land)
Bank Owned Property - Pioneer Crossing PUD Land
Bank Owned Property - Pioneer Crossing PUD Land
Austin, Texas 78754bank owned 374+- acres land located in the northeast side of the city of Austin, bounded by E. Parmer Ln to the south and Gregg/Howard Ln. to the...
  • Residential (land)
Bank Owned Property - 3248 Grove Ave , Berwyn, Illinois 60402
Bank Owned Property - 3248 Grove Ave , Berwyn, Illinois 60402
Berwyn, Illinois 60402BANK OWNED, TURN KEY, FULLY EQUIPPED restaurant for sale. The bldg is 6,129 SF, part one-story, part two-story. 1st fl feat. dine-in area, full...
  • Restaurant
Bank Owned Property - 7535 Roosevelt Rd , Forest Park, Illinois 60130
Bank Owned Property - 7535 Roosevelt Rd , Forest Park, Illinois 60130
Forest Park, Illinois 60130BANK OWNED, value-add, 4,037 SF retail center directly across from Forest Park Plaza.The property consists of two storefronts: Unit 1 is approx...
  • Strip Center
Bank Owned Property - BANK ORDERS SALE OF RESIDENTIAL PORTFOLIO
Bank Owned Property - BANK ORDERS SALE OF RESIDENTIAL PORTFOLIO
Carpentersville, Illinois 60110BANK ORDERS BULK SALE of scattered residential portfolio of 7-single family homes and one two flat. Currently 93.5% occupied, with several rents...
  • Single-Unit (SFR/Condo)
Bank Owned Property -
Bank Owned Property - 819 W Hwy 34
Plano, Illinois 60545Investor Opportunity. - MIXED USE BUILDING - 5 residential apartment and 4,500 sq ft store/office space--4 units. Rare opportunity to find mixed...
  • Retail (Other)
Bank Owned Property - 200+/- Acres
Bank Owned Property - 200+/- Acres
Crestview, Florida 32536Approximately 200 acres of prime development land with easy access to Highway 85 and Interstate-10. This parcel is available to be rezoned for Low...
  • Residential (land)
Bank Owned Property - RETAIL / OFFICE + 4 BR APT
Bank Owned Property - RETAIL / OFFICE + 4 BR APT
Williamstown, New Jersey 080946880 Sq. Ft. 2.5 Story Retail/Office Frame Building Corner Traffic Light location with off street parking. Previously an art gallery and 4 br...
  • Free Standing Bldg
Bank Owned Property - Fully Equipped Restaurant Along Busy Route 120
Bank Owned Property - Fully Equipped Restaurant Along Busy Route 120
McHenry, Illinois 60051Fully equipped full service restaurant and bar for sale along Route 120, just east of downtown McHenry and the Fox River in McHenry. The...
  • Restaurant
Bank Owned Property - Modern Entertainment Facility Including Bowling Al
Bank Owned Property - Modern Entertainment Facility Including Bowling Al
Green Oaks, Illinois 60044Freestanding entertainment facility for sale along Rockland Street in Green Oaks. The facility consists of 14,626 square feet and features a 12...
  • Restaurant
Bank Owned Property - Happy Days Car Wash
Bank Owned Property - Happy Days Car Wash
Rogers, Arkansas 72756A fully operating car wash on high traffic thoroughfare. 6 self serve wash bays, two automatic touch free wash bays and detail area with multiple...
  • Special Purpose (Other)
Bank Owned Property -
Bank Owned Property - 901 Grand Avenue
Waukegan, Illinois 60085Bank Owned! Mixed use free-standing Retail/Apartment building. There are 4 long term retail tenants on the 1st level and 7 apartments on the 2nd...
  • Garden/Low-Rise
Bank Owned Property - STUNNING ARCHITECTURE
Bank Owned Property - STUNNING ARCHITECTURE
Saint Charles, Illinois 60175Bank owned...Price Reduced! Crème de la Crème of the single-story professional building located in the affluent community of Campton Hills (St...
  • Office Condo
Bank Owned Property - Channahon Crossings
Bank Owned Property - Channahon Crossings
Channahon, Illinois 60410:: Outlots Available: 1.16 Acres to 2.16 Acres :: Anchor Sites Available: 9.11 Acres to 18.61 Acres :: 13,014 SF Shopping Center with 1,169 SF to...
  • Retail (Other)
Bank Owned Property - Current Day Care Facility
Bank Owned Property - Current Day Care Facility
Roebuck, South Carolina 29376BANK OWNED 3,318 +/- SF total on .66 _/- acres. Currently used as a day care facility with open area/kitchen and 2 restrooms. Located off...
  • Office Building
Bank Owned Property - Bank Owned Corner Lot
Bank Owned Property - Bank Owned Corner Lot
Centerville, Georgia 310283.619 acres with 201 frontage feet on Houston Lake Boulevard.
  • Commercial/Other (land)
Bank Owned Property - Bank-Owned Commercial Land
Bank Owned Property - Bank-Owned Commercial Land
Casselberry, Florida 327072.43 acres of bank-owned commercial land.
  • Commercial/Other (land)
Bank Owned Property - 2837 W 64th St , Chicago, Illinois 60629
Bank Owned Property - 2837 W 64th St , Chicago, Illinois 60629
Chicago, Illinois 60629BANK OWNED, 12-unit brick building in Marquette Park. All units are 1 bdr/1bath and separately metered. Property is 100% vacant and in need of...
  • Garden/Low-Rise
Bank Owned Property - 2423 W Marquette Rd , Chicago, Illinois 60629
Bank Owned Property - 2423 W Marquette Rd , Chicago, Illinois 60629
Chicago, Illinois 60629BANK OWNED, 11-unit brick building in Marquette Park. Unit mix: (1) 5 bdr/2 baths, (1) 3 bdr/1 bath, (4) 2 bdr/ 1 bath, (4) 1 bdr/1 bath, (1)...
  • Garden/Low-Rise
Bank Owned Property - 6201 S Whipple St , Chicago, Illinois 60629
Bank Owned Property - 6201 S Whipple St , Chicago, Illinois 60629
Chicago, Illinois 60629BANK OWNED, 10-unit brick building in Marquette Park. Unit mix: (2) 3 bedrooms, (6) 2 bedrooms, (2) 1 bedrooms. Property is 100% vacant and in...
  • Garden/Low-Rise

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Bank Owned Properties on LoopNet.com

When a bank acquires a property the mortgage loan no longer exists. The bank will take care of any evictions that are necessary and sometimes pay for repairs or general upkeep. The bank will negotiate with the IRS to get rid of tax liens and other debts. Depending on the details, investing in bank owned properties could be a very wise investment because so many tasks have already been taken care of. LoopNet's advanced search tool helps you find the most valuable investments.

Bank owned properties change hands several times before moving into bank ownership. These properties usually have repossession, foreclosure and mortgage woes in their past. Because of all these issues it can be difficult to determine how much a property should actually cost. LoopNet users can specify their price range, preferred lot size and property type. They can even narrow down property results based on property history by indicating when the buildings were established or browsing its property records.

With so many properties available it's pivotal that the search feature is strong and efficient. Multifamily, Office, Industrial, Retail, Land, Agricultural, Hotel & Motel, Senior Housing, Health Care, Sport & Entertainment, Special Purpose and Residential Income properties are all available. These are a few search features that will be especially powerful with queries in bank owned properties:

  • Location
    The advanced search options feature a location tool. This allows you to zoom in on certain areas and browse the property prices in that location. LoopNet users will be able to compare the price of the bank owned properties with other properties near that address. Using this tool, buyers can be sure that their property is on par with or lower than local prices.
  • Only Property Auctions
    You can activate this search criterion to exclusively view property auctions. Many banks own large portfolios of property. If a bank is deciding to auction off a chunk of their assets then this tab will be the first to find those events. Savvy brokers and first-time buyers alike win deals everyday in property auctions. It can be a powerful investment to keep track of property auctions occurring in your area.
  • Price Range
    Bank owned properties can be especially difficult to price. There is no guarantee on where a pricing from a bank will fall in respect to a property's actual market value. The price range tool lets you easily specify the amount you are willing to invest and not be tempted to go beyond your means.

LoopNet's more than nearly 800,000 commercial properties create an expansive and powerful database for you to navigate. The advanced search features help to focus search and discover the perfect investments for you, whether it be bank owned properties or one of the many other property types that LoopNet offers.

Recent Bank Owned Property Sales Comps

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