See Home Value
Oak Forest 60452
16740 Forest Avenue
$332,000
● House - Off Market

16740 Forest Avenue

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,281 Ft²
$2,404
Est. Monthly

About This Property

Beautifully updated and move-in ready, this exceptional 3-bedroom, 2 full bath bi-level (Raised Ranch) on a large corner lot offers the perfect blend of modern updates, functional living, and everyday comfort, all set in a quiet, desirable Oak Forest neighborhood. The home welcomes you with spacious, light-filled living areas and a versatile lower-level family room anchored by a cozy wood-burning fireplace, ideal for relaxing or entertaining. Throughout the home, recent fresh paint and newer luxury vinyl plank flooring create a clean, cohesive, and contemporary feel. At the heart of the home is a stunning, fully updated kitchen featuring white shaker-style cabinetry, sleek stone countertops, and stainless steel appliances. A conveniently located rear exterior Kitchen door provides a seamless flow to the generous sized backyard, which adds to the home's appeal, providing a great space for entertaining, recreation, or simply enjoying outdoor living. Both full bathrooms have been tastefully updated recently with new vanities and modern fixtures, offering a fresh look. This home stands out not only for its design, but for the recent upgrades, including: a brand new roof with complete tear-off (2025), a newer central air conditioning system (2022), a newer (2022) water heater, a brand new (2025) 100-amp electrical panel, and a recent, full cosmetic update! Ideally located near parks, shopping, and major highways, this property offers both convenience and a peaceful residential setting. A truly turnkey opportunity combining quality updates, thoughtful improvements, and lasting value. Taxes do not reflect Homeowners exemption, which has since been applied, and the new buyer should see a significant decrease in property taxes once the exemption is active. Schedule your private showing today to experience everything this home has to offer.
Unit Size
1,281 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$258
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1975

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 8,280
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,281
  • Gross Building Area: 1,281
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST COURT
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (FOREST) (COURT) SUB OF LT 2 IN BLK 3 IN A T MCINTOSH & COS SOUTHTOWN FARMS UNIT 2 SUB IN SECS 27 & 28 SEC 28-36-13

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825302

Geography

  • District: 13
  • Parcel: 28-28-217-019-0000
  • Block: 3
  • Lot: 2
  • Meridian: SEC 28 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5869
  • Longitude: -87.7386

    Address

  • Full Address: 16740 Forest Ave
  • Legal Unit: 2
  • Address - House Number: 16740
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C010
  • 4-Digit Zip Code: 4523
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $948,444
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 321,450
  • High Value: 396,074
  • Low Value: 246,827

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $45,540
  • Market Improvement Value: $214,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,554
  • Assessed Improvements Value: $21,446

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2209504397
  • Previous Sale Recording Date: Apr 05, 2022
  • Previous Sale Contract Date: Mar 28, 2022
  • Previous Sale Amount: $320,000
  • 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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Forest


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Nearby Rentals

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Unit for rent at 15826 Terrace Drive, Oak Forest, IL, 60452

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15826 Terrace Drive #03, Oak Forest, IL, 60452 Listing by Robert Grigsby
Unit for rent at 15700 Reynolds Lane, Oak Forest, IL, 60452

$1,900 /mo

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15700 Reynolds Lane #1, Oak Forest, IL, 60452 Listing by Rima Odeh


Frequently Asked Questions

When was property at 16740 Forest Avenue built and last sold?
The property at 16740 Forest Avenue was built in 1975 and last sold on Mar 28, 2022 for $320,000.
How much is this home worth?
The estimated value of the home located at 16740 Forest Avenue is $330,554.
What are some comparable homes to 16740 Forest Avenue?
There are currently no comparable homes to 16740 Forest Avenue.