When was property at 10524 Forest Lane built and last sold?

The property at 10524 Forest Lane was built in 1964 and last sold on Aug 29, 2022 for $230,000.

How much is this home worth?

The estimated value of the home located at 10524 Forest Lane is $243,686.

What are some comparable homes to 10524 Forest Lane?

There are currently no comparable homes to 10524 Forest Lane.

Chicago Ridge

60415

10524 Forest Lane

$230,000

● House - Off Market

10524 Forest Lane

Chicago Ridge, IL 60415

3 Beds

2 Baths, 1 Half Bath

1,600 Ft²

$244,409

RealtyHop Estimate

4.00%

Since Oct 1, 2022

National-US

Primary Model

About This Property

Fantastic, tri-level home sitting on a large, fenced lot. The interior features classic hardwood floors. Amazing family room on the lower level great for entertaining or relaxing. Incredible kitchen and dining area. Tons of parking in the 2.5-car garage, long side driveway and the street in front of the home. Conveniently located near food, shopping, schools, and the highway.

Unit Size

1,600 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$147

Property Type

House

Property Taxes

$448

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11409900)

Price History

Date / Event	Date	Event
Sep 2, 2022	Sold	Premium
Sold
May 19, 2022	Listed by @properties Christie's International Real Estate	$235,000
Listed by @properties Christie's International Real Estate

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 1964
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 41
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 0
Garage Type: 4
Parking Space Count: 3
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,500

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 600
Total Building Area: 1,013
Gross Building Area: 1,013
Building Area: 1,013
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,013
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CHICAGO RIDGE HIGHLAND
Land Acres: 0000000172
Standard Land Use Code: 1001
County Land Use Code: 2-34
Legal Description 1: (CHICAGO)(RIDGE)(HIGHLAND) SUB OF PT OF NE SEC 18-37-13

Neighborhood

School District Name: Community High School District 218

Census Tract: 823001

Geography

District: 39

Parcel: 24-18-219-009-0000
Lot: 105
Meridian: SEC 18 TWN 37N RNG 13E
Municipality: WORTH
Latitude: 41.7
Longitude: -87.7814

Address

Full Address: 10524 Forest Ln

Address - House Number: 10524
Address - Street Name: Forest
Address - Suffix Type: Ln
State: IL
City Name: Chicago Ridge
Carrier Code: C116
4-Digit Zip Code: 1820
Zip Code: 60415

Valuation

Tax

Tax Year: 2022

Tax Amount: $556,865
Tax Rate Code Area: 39032

Appraisal Valuation

Standard Deviation: 0.245

Valuation Date: Dec 13, 2023
Confidence Score: 65
Final Value: 272,778
High Value: 339,614
Low Value: 205,943

Market Valuation

Market Total Value: $230,010

Market Land Value: $43,130
Market Improvement Value: $186,880

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $23,001
Assessed Land Value: $4,313
Assessed Improvements Value: $18,688

Sales

Current Sale Contract Date: Aug 29, 2022

Current Sale Recording Date: Sep 08, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 7326
Previous Sale Recording Date: May 17, 2004
Previous Sale Contract Date: Apr 16, 2004
Previous Sale Amount: $207,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Chicago Ridge

Stats & Trends

Median Asking:

$245,400

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

Average Home Size

1041 ft²

Average Home Age

52.4 years

Currently For Sale

27 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

Unit for rent at 7117 West 93rd Street, OAK LAWN, IL, 60453

$1,550 /mo

1 Bed
1 Bath

7117 West 93rd Street #304, OAK LAWN, IL, 60453 Listing by Joshua Berngard

Unit for rent at 6024 Birmingham Street, Chicago Ridge, IL, 60415

$3,300 /mo

4 Beds
2 Baths
1,634 ft²

6024 Birmingham Street, Chicago Ridge, IL, 60415 Listing by Dia Azra

Unit for rent at 10608 Brooks Lane, Chicago Ridge, IL, 60415

$1,400 /mo

1 Bed
1 Bath
775 ft²

10608 Brooks Lane #C2, Chicago Ridge, IL, 60415 Listing by Barbara Glinkowski

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Derrick Jackson, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11409900

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.

10524 Forest Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Chicago Ridge

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions