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New Lenox 60451
142 Forest
$160,000
● House - Off Market

142 Forest

NEW LENOX, IL 60451
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$364,056
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Updated split level in the heart of New Lenox. New carpet just installed in the LR, FM and hallway.  Pergo in the Kitch and DR.  News include roof,soffit,facia,1/2 bath,windows, furnace and a/c.  3 bay windows, fireplace, floored attic, large yard and all appliances stay!  Sold As-Is.   Seller is motivated.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
-

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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.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,584
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 720
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILL VIEW
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 22 IN HILL VIEW SUB, BEING A SUB OF PRT OF THE SE1/4 OF SEC 16, T35N- R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881107

Geography

  • Parcel: 15-08-16-206-010
  • Lot: 22
  • Meridian: SEC 16 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5217
  • Longitude: -87.9684

    Address

  • Full Address: 142 Forest St
  • Address - House Number: 142
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C002
  • 4-Digit Zip Code: 1124
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $529,990
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 254,663
  • High Value: 296,359
  • Low Value: 212,966

    Market Valuation

  • Market Total Value: $201,756
  • Market Land Value: $68,406
  • Market Improvement Value: $133,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,252
  • Assessed Land Value: $22,802
  • Assessed Improvements Value: $44,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019085387
  • Previous Sale Recording Date: Aug 27, 2007
  • Previous Sale Contract Date: Jul 27, 2007
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 New Lenox

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2116 ft²

Average Home Age

28.2 years

Currently For Sale

38 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 1013 Stonegate Road, New Lenox, IL, 60451

$3,250 /mo

  • 3 Beds
  • 3 Baths
  • 1,600 ft²
1013 Stonegate Road, New Lenox, IL, 60451 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Ann Spencer, CNC,CSC, Prime Realty Solutions
Data Source: MRED, MLS# MRD06474073
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 142 Forest Street built and last sold?
The property at 142 Forest Street was built in and last sold on Nov 11, 2019 for $172,000.
How much is this home worth?
The estimated value of the home located at 142 Forest Street is $211,999.
What are some comparable homes to 142 Forest Street?
There are currently no comparable homes to 142 Forest Street.
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