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Park Forest 60466
192 MONEE Road
$156,000
● House - Off Market

192 MONEE Road

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$151,062
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Completely transformed 3 bed, 1 bath ranch home across the street from the nature preserve. Gorgeous eat-in kitchen with new cabinetry, quartz counters, ss appliances, subway tiled backsplash and new flooring that continues throughout the rest of the home including the spacious living room with feature wall. 3 sizeable bedrooms, an updated full bath and laundry room with wet sink and storage area complete the main level. Detached 2.5 car garage with porch space and paver patio that's great for entertaining. All new paint, lighting, and flooring throughout.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$137
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1956

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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.

Last updated: 3 years ago (MRED MLS #11748629)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Mar 30, 2023 Listed by Keller Williams Momentum $149,900
Listed by Keller Williams Momentum

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,184
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA #6
  • Land Acres: 0000000170
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 47 IN THE VILLAGE OF PRK FOREST AREA, NO 6, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 2, AND NW1/4 OF SEC. 1, T

Neighborhood

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

Geography

  • Parcel: 21-14-02-217-017
  • Lot: 47
  • Meridian: SEC 01 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4656
  • Longitude: -87.6924

    Address

  • Full Address: 192 Monee Rd
  • Address - House Number: 192
  • Address - Street Name: Monee
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C002
  • 4-Digit Zip Code: 2528
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,802
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 140,790
  • High Value: 165,903
  • Low Value: 115,676

    Market Valuation

  • Market Total Value: $90,411
  • Market Land Value: $21,474
  • Market Improvement Value: $68,937

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,137
  • Assessed Land Value: $7,158
  • Assessed Improvements Value: $22,979

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: Jun 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29340
  • Previous Sale Recording Date: Feb 28, 2023
  • Previous Sale Contract Date: Jan 30, 2023
  • Previous Sale Amount: $52,300
  • 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:

$168,500

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

57

Average Home Size

1463 ft²

Average Home Age

70.7 years

Currently For Sale

117 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 101 Shabbona Drive, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
101 Shabbona Drive, Park Forest, IL, 60466 Listing by Kierra Craig
Unit for rent at 5044 Brighton Lane, Richton Park, IL, 60471

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joan Couris, Keller Williams Momentum
Last Updated: 3 years ago
Data Source: MRED, MLS# 11748629
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 192 Monee Road built and last sold?
The property at 192 Monee Road was built in 1956 and last sold on May 22, 2023 for $156,000.
How much is this home worth?
The estimated value of the home located at 192 Monee Road is $0.
What are some comparable homes to 192 Monee Road?
There are currently no comparable homes to 192 Monee Road.
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