$369,000
●
House -
Off Market
1229 Forest Avenue
OAK PARK, IL 60302
2 Beds
2 Baths
$632,626
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Take a look at this north Oak Park 4 bedroom 2 bath Ranch Home!
Located on a quiet residential one way street, this home has so
much to offer! Great Original Mid-Century details include open
floor plan, beamed ceilings, oak floors, and a two-sided corner
fireplace. The kitchen has newer stainless steel appliances and a
large island perfect for food prep or breakfast area. From the
dining room walk out to a big deck and enjoy the large backyard!
Double closets in the master bedroom and corner window for greater
airflow. The lower level adds space and function to this home. The
full finished basement has a family room, two bedrooms, office
area, kitchenette, laundry room, and a full bath! There is a sump
and flood control system. One car garage plus 3 spaces. Walk
to Park, Mann School, restaurants and shops. Easy to show. Taxes
appealed 2017.
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1956
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MRED MLS #09714444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $398,000 | |
| Listed | |||
| | |||
|
Take a look at this north Oak Park 4 bedroom 2 bath Ranch Home! Located on a quiet residential one way street, this home has so much to offer! Great Original Mid-Century details include open floor plan, beamed ceilings, oak floors, and a two-sided corner fireplace. The kitchen has newer stainless steel appliances and a large island perfect for food prep or breakfast area. From the dining room walk out to a big deck and enjoy the large backyard! Double closets in the master bedroom and corner window for greater airflow. The lower level adds space and function to this home. The full finished basement has a family room, two bedrooms, office area, kitchenette, laundry room, and a full bath! There is a sump and flood control system. One car garage plus 3 spaces. Walk to Park, Mann School, restaurants and shops. Easy to show. Taxes appealed 2017.
| |||
| Aug 7, 2017 | Listed by RE/MAX In The Village Realtors | $398,000 | |
| Listed by RE/MAX In The Village Realtors | |||
Property Highlights
Air Conditioning
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Oak Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: , RE/MAX In The Village Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 09714444
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09714444
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