I live and work in Oak Brook. When foreclosures come on the market they are listed with agents and we have access to them. Fortunately, we haven't had many foreclosures here. Your best bet is to find a buyer's agent who is familiar with the community & the foreclosure process to help you find a home.
There are "short sales" that have come on/off the market....1 just came on for $480,000 4 bedrooms, 3.2 baths & full basement.
Our prices have come down and there has been more negotiating room. There was a home that closed yesterday that was listed for $999,983 and sold for $850,000.
If you have any questions or need assistance let me know.
Laura Karambelas SFR, CREN, RCC, CNHS
Short Sale & Foreclosure Resource Agent
Baird & Warner