For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Oak Forest 60452
16451 Roy Street
$237,000
● House - Off Market

16451 Roy Street

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$1,789
Est. Monthly
5.94%
Cap Rate

About This Property

Well-maintained ranch home with a 1-car attached garage! This home features an enclosed front porch, three spacious bedrooms, one full bathroom, stainless steel appliances in the kitchen, a large family room, an unfinished basement for extra storage, central AC, and an open backyard. Hardwood floors throughout the living room & bedrooms. Conveniently located close to retail, the train station, and major roads such as I-57 & I-80.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$208
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1965

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,564
  • Total Building Area: 1,172
  • Gross Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDCREST THIRD
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FIELDCREST) (THIRD) ADD RESUB OF LTS 1-42 IN BLK 8 & LTS 1-43 IN BLK 9 IN WILLOWICK ESTATES SUB OF SW & SE SH SEC 22-36-13

Neighborhood

  • School District Name: Prairie-Hills Elementary School District 144
  • Census Tract: 825200

Geography

  • District: 13
  • Parcel: 28-22-307-081-0000
  • Block: 8,9
  • Lot: 1-43
  • Meridian: SEC 22 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5927
  • Longitude: -87.7286

    Address

  • Full Address: 16451 Roy St
  • Address - House Number: 16451
  • Address - Street Name: Roy
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 4213
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $669,447
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 13070

    Appraisal Valuation

  • Standard Deviation: 0.2557
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 230,948
  • High Value: 290,024
  • Low Value: 171,872

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $25,040
  • Market Improvement Value: $174,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $2,504
  • Assessed Improvements Value: $17,496

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1831244049
  • Previous Sale Recording Date: Jan 30, 2002
  • Previous Sale Contract Date: Jan 24, 2002
  • Previous Sale Amount: $117,500
  • 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 Oak Forest

Stats & Trends

Median Asking:

$319,450

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1579 ft²

Average Home Age

47.3 years

Currently For Sale

35 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 17950 Michael Avenue, Country Club Hills, IL, 60478

$2,295 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
17950 Michael Avenue, Country Club Hills, IL, 60478 Listing by Adam St. James

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Scanlon, eXp Realty
Data Source: MRED, MLS# MRD12364427
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 16451 Roy Street built and last sold?
The property at 16451 Roy Street was built in 1965 and last sold on Oct 25, 2018 for $597,000.
How much is this home worth?
The estimated value of the home located at 16451 Roy Street is $0.
What are some comparable homes to 16451 Roy Street?
There are currently no comparable homes to 16451 Roy Street.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Bremen Homes for Sale
Bremen Houses for Sale
Bremen Condos for Sale
Bremen Townhouses for Sale
Bremen Multifamily for Sale
Bremen Land for Sale
Bremen Commercial for Sale
Bremen Homes with Basements
Nearby Cities
Orland Park Homes for Sale
Tinley Park Homes for Sale
Oak Lawn Homes for Sale
Oak Forest Homes for Sale
Park Forest Homes for Sale
Frankfort Homes for Sale
Dolton Homes for Sale
Homewood Homes for Sale
Nearby Property Records
Cook County, IL Property Records
Will County, IL Property Records
Lake County, IN Property Records
DuPage County, IL Property Records
Kankakee County, IL Property Records
Porter County, IN Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
Neighborhoods
West Pullman Real Estate
South Chicago Real Estate
Roseland Real Estate
Beverly Real Estate
Mount Greenwood Real Estate
Morgan Park Real Estate
Calumet Heights Real Estate
Brainerd Real Estate
Nearby Counties
Thornton Homes for Sale
Worth Homes for Sale
Orland Homes for Sale
Rich Homes for Sale
Bloom Homes for Sale
Frankfort Homes for Sale
Palos Homes for Sale
Calumet Homes for Sale
Top Real Estate Agents
Top Agents in Bremen
Top Agents in Thornton
Top Agents in Worth
Top Agents in Orland
Top Agents in Rich
Top Agents in Bloom
Top Agents in Orland Park
Top Agents in Tinley Park