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Park Forest 60466
124 Larue Street
$160,000
● House - Off Market

124 Larue Street

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,551 Ft²
$154,362
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

***Mulitple offer received calling for highest and best by 7 pm Sunday 1/23***  Come take a tour of this beautiful ranch home located in Lincolnwood subdivision in Park Forest!! This home has 3 bedrooms and 2 full bathrooms. Off the entryway is the spacious living room complete with wood laminate floorings & lots of natural light! The kitchen is complete with a stainless steel fridge and oven, Formica countertops, tons of cabinet & countertop space! The combo kitchen dining offers a great space to entertain and host guests! Off the kitchen is the spacious backyard!  Enjoy the backyard on the wood patio deck! The 1st bathroom has a soaker tub & the 2nd bathroom is complete with a shower! This home has a 2-car detached garage. The good ones go fast, schedule your showings today!!
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$97
Property Type
House
Property Taxes
$19
HOA Dues
-
Year Built
1958

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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.

Last updated: 3 years ago (MRED MLS #11305236)

Price History

Date / Event Date Event Price
Mar 16, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by Village Realty, Inc. $149,900
Listed by Village Realty, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,551
  • Gross Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,551
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNWOOD SUB
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (LINCOLNWOOD) SUB OF PT SE SEC 24-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830100

Geography

  • District: 32
  • Parcel: 31-24-438-024-0000
  • Block: 7
  • Lot: 21
  • Meridian: SEC 24 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5008
  • Longitude: -87.6771

    Address

  • Full Address: 124 Larue St
  • Address - House Number: 124
  • Address - Street Name: Larue
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C023
  • 4-Digit Zip Code: 1225
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $152,212
  • Tax Rate Code Area: 32018

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 160,455
  • High Value: 202,973
  • Low Value: 117,937

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $28,800
  • Market Improvement Value: $111,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,880
  • Assessed Improvements Value: $11,120

    Sales

  • Current Sale Contract Date: Feb 26, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2208945024
  • Previous Sale Recording Date: Dec 14, 2021
  • Previous Sale Contract Date: May 08, 2021
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71

    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 Park Forest

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$128

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1450 ft²

Average Home Age

69.3 years

Currently For Sale

125 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 5044 Brighton Lane, Richton Park, IL, 60471

$2,050 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Glenn, Village Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11305236
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 124 Larue Street built and last sold?
The property at 124 Larue Street was built in 1958 and last sold on Feb 26, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 124 Larue Street is $0.
What are some comparable homes to 124 Larue Street?
There are currently no comparable homes to 124 Larue Street.
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