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Park Forest 60466
130 Monee Road
$170,000
● House - Off Market

130 Monee Road

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$1,451
Est. Monthly
11.29%
Cap Rate
Unit Size
1,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$576
HOA Dues
-
Year Built
1954

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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: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,092
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,138
  • Total Building Area: 2,184
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK
  • Land Acres: 0000000160
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 36 BLOCK 3 IN VILLAGE OF PARK FOREST, AREA 6, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 2, THE NW1/4 OF SEC. 1, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883603

Geography

  • Parcel: 21-14-01-106-024
  • Block: 3
  • Lot: 36
  • Meridian: SEC 01 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.467
  • Longitude: -87.6866

    Address

  • Full Address: 130 Monee Rd
  • Address - House Number: 130
  • Address - Street Name: Monee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C008
  • 4-Digit Zip Code: 2508
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649,806
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 139,135
  • High Value: 151,430
  • Low Value: 126,840

    Market Valuation

  • Market Total Value: $94,635
  • Market Land Value: $21,840
  • Market Improvement Value: $72,795

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,545
  • Assessed Land Value: $7,280
  • Assessed Improvements Value: $24,265

    Sales

  • Current Sale Contract Date: Nov 05, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2018087086
  • Previous Sale Recording Date: Jun 10, 2014
  • Previous Sale Contract Date: May 16, 2014
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 68
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 411 Huron Street, Park Forest, IL, 60466

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
411 Huron Street, Park Forest, IL, 60466 Listing by Kaveeta Weir
Unit for rent at 19 Apple Lane, IL, 60466

$2,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,541 ft²
19 Apple Lane, IL, 60466 Listing by Felicia Bell

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jelynn Owens, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD12282805
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 130 Monee Road built and last sold?
The property at 130 Monee Road was built in 1954 and last sold on Nov 5, 2018 for $75,550.
How much is this home worth?
The estimated value of the home located at 130 Monee Road is $177,595.
What are some comparable homes to 130 Monee Road?
There are currently no comparable homes to 130 Monee Road.
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