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1116 Thomas Avenue

1116 Thomas Avenue, Forest Park, IL 60130
Multifamily in Proviso
Sold Mar 25, 2019
$375,000
$281,250 by Guaranteed Rate Inc
Mortgage Due Apr 01, 2049
1116 Thomas Avenue in Forest Park, IL was first built in 1927 and is 97 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 14 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1116 Thomas Avenue has 3,585 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 370 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 4,650 square feet.

Learn more about the property and building on this page. The roof of the home is made of tar and gravel. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1116 Thomas Avenue was last sold in Mar 25, 2019 for $375,000. According to our calculations, that's $104.60 per sqft. Current property owners are expected to pay $12,740 in taxes per year. The property on 1116 Thomas Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,001. To break that down further, the land itself was valued at $3,488. While improvements to the property were assessed at a total of $38,513. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,650
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 370
  • Total Building Area: 3,585
  • Gross Building Area: 3,585
  • Building Area: 3,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF BLKS1&11&12&21 IN JOSEP
  • Land Acres: 0.107
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: L38 & S12 5FT L39 B21 DUNLOPS W1/2 SE1/4 S13 T39N R12E

Ownership

  • Current Owner : BOTANA JAMES
  • Current Owner 2: KHETARPAL MONICA
  • Previous Owner : WALSH HARRY C
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816100

Geography

  • District: 31
  • Parcel: 15-13-427-006-0000
  • Block: 2
  • Lot: 3
  • Meridian: SEC 42 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8661
  • Longitude: -87.81

    Address

  • Full Address: 1116 Thomas Ave
  • Address - House Number: 1116
  • Address - Street Name: Thomas
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C001
  • 4-Digit Zip Code: 2321
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,740
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 69
  • Final Value: 400,851
  • High Value: 461,353
  • Low Value: 340,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $281,250
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Mar 25, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $281,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2049

    Market Valuation

  • Market Total Value: $420,010
  • Market Land Value: $34,880
  • Market Improvement Value: $385,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,001
  • Assessed Land Value: $3,488
  • Assessed Improvements Value: $38,513

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 25, 2019
  • Current Sale Transaction ID: 11592079048
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1908408258

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Mar 25, 2019
  • First Mortgage Loan Amount: $281,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Forest Park



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Frequently Asked Questions

What neighborhood is 1116 Thomas Avenue located in?
The 1116 Thomas Avenue is a multifamily located in the neighborhood of Proviso in Forest Park, Forest Park.
What is the average sales price for listings in 1116 Thomas Avenue?
The average sales price for units in 1116 Thomas Avenue is $389,000 currently.

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