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Park Forest 60466
127 Blackhawk Drive
$117,000
● House - Off Market

127 Blackhawk Drive

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$1,408
Est. Monthly
12.84%
Cap Rate

About This Property

Well-maintained 3-bedroom, 1.5-bath ranch with an open-concept kitchen featuring quartz countertops, subway tile backsplash, and stainless-steel appliances. Luxury waterproof flooring, updated baths, and a spacious living room with abundant natural light. Includes 1-car garage and tranquil back yard. Easy to show
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$96
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • 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: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA3
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA3) SUB SEC 36-35-13

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830400

Geography

  • District: 32
  • Parcel: 31-36-307-006-0000
  • Block: 30
  • Lot: 6
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4707
  • Longitude: -87.687

    Address

  • Full Address: 127 Blackhawk Dr
  • Address - House Number: 127
  • Address - Street Name: Blackhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C008
  • 4-Digit Zip Code: 2357
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $840,826
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 133,324
  • High Value: 146,804
  • Low Value: 119,844

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $28,000
  • Market Improvement Value: $92,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $9,200

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28133
  • Previous Sale Recording Date: Dec 29, 2022
  • Previous Sale Contract Date: Dec 16, 2022
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
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:

$167,000

Sale Price/ft²

$131

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1415 ft²

Average Home Age

70 years

Currently For Sale

122 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 138 Algonquin Street, Park Forest, IL, 60466

$2,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
138 Algonquin Street, Park Forest, IL, 60466 Listing by Earlene Slusher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Kirkland, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12475885
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 127 Blackhawk Drive built and last sold?
The property at 127 Blackhawk Drive was built in 1952 and last sold on Jun 9, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 127 Blackhawk Drive is $128,011.
What are some comparable homes to 127 Blackhawk Drive?
There are currently no comparable homes to 127 Blackhawk Drive.
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