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University Park 60484
1028 Blackhawk Drive
$265,000
● House - Off Market

1028 Blackhawk Drive

University Park, IL 60484
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,350 Ft²
$1,888
Est. Monthly
6.18%
Cap Rate

About This Property

Move right into this beautiful 4-bedroom, 2.5-bath home! Featuring an open floor plan, this residence offers a sunken family room with a cozy fireplace, a combined dining room and kitchen area, and a convenient first-floor laundry room with washer and dryer hookups.    The spacious living room provides ample space for family gatherings during the holidays. The finished basement includes an additional bedroom and bath, offering extra living space. Enjoy outdoor activities in the huge backyard with a spacious deck. The property also includes a 2-car garage and 2 extra parking spaces in the driveway.    Located across the street from Coretta Scott King Magnet School and approximately 10 minutes from Metra trains, this home is perfectly situated for convenience. Pre-approval buyers ONLY!
Unit Size
2,350 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$113
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
2003

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 414
  • Garage Type: 1
  • Garage Square Area: 165
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,657
  • Total Building Area: 2,350
  • Building Area: 1,771
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,771
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK FOREST SOUTH UNIT 4
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 IN PARK FOREST SOUTH UNIT 4 PHASE 1, BEING A SUB OF PRT OF THE SW1/4, SE1/4 NE1/4 OF SEC 13, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883606

Geography

  • Subdivision Phase Number: 1
  • Parcel: 21-14-13-418-003
  • Lot: 10
  • Meridian: SEC 13 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4343
  • Longitude: -87.68

    Address

  • Full Address: 1028 Blackhawk Dr
  • Legal Unit: 4
  • Address - House Number: 1028
  • Address - Street Name: Blackhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: University Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 3214
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $735,362
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.0903
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 92
  • Final Value: 196,856
  • High Value: 214,640
  • Low Value: 179,072

    Market Valuation

  • Market Total Value: $174,531
  • Market Land Value: $24,819
  • Market Improvement Value: $149,712

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,177
  • Assessed Land Value: $8,273
  • Assessed Improvements Value: $49,904

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019049024
  • Previous Sale Recording Date: Oct 27, 2016
  • Previous Sale Contract Date: Sep 12, 2016
  • Previous Sale Amount: $75,600
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About University Park

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1877 ft²

Average Home Age

50.3 years

Currently For Sale

15 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MRED

Listed by: Joan Cox, JC Cox Realty
Data Source: MRED, MLS# MRD12112097
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1028 Blackhawk Drive built and last sold?
The property at 1028 Blackhawk Drive was built in 2003 and last sold on Jul 22, 2019 for $170,000.
How much is this home worth?
The estimated value of the home located at 1028 Blackhawk Drive is $0.
What are some comparable homes to 1028 Blackhawk Drive?
There are currently no comparable homes to 1028 Blackhawk Drive.
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