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Park Forest 60466
240 Arcadia Street
$85,000
● House - Off Market

240 Arcadia Street

Park Forest, IL 60466
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,199 Ft²
$964
Est. Monthly
23.45%
Cap Rate

About This Property

Welcome to Park Forest! This cozy single-family home is move in ready and has tremendous equity upside! Available at a phenomenal price, this is a great purchase for a home buyer that desires to make the property their own over time and build a significant equity reserve! This property includes 4 bedrooms and 1.5 baths. Notable features include newer windows, new flooring, newer hot water tank and furnace, detached 1-car garage and a private back yard! There is value built into the asking price - renovated comparable single-family homes sold for an average of $168,000 within a half mile radius of the subject property during the past 6 months! Great location and proximity to local shopping and dining! Buyer must agree to close "as is". Priced to sell so please act swiftly!
Unit Size
1,199 Ft²
Days on Market
-
Land Size
-
Price per sqft
$88
Property Type
House
Property Taxes
$448
HOA Dues
-
Year Built
1953

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Last updated: 3 years ago (MRED MLS #11910814)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Sold
Oct 19, 2023 Listed by Straight-A Realty, LLC $105,000
Listed by Straight-A Realty, LLC

Property Highlights


Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,199
  • Gross Building Area: 1,199
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA1
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA1) SUB OF PT NW & NE LYING SOUTH OF SOUTH ROW LINE OF E.J.&E.RR, IN NH SEC 30-35-14

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 829402

Geography

  • District: 12
  • Parcel: 32-30-207-044-0000
  • Block: 7
  • Lot: 48
  • Meridian: SEC 30 TWN 35N RNG 14E
  • Municipality: BLOOM
  • Latitude: 41.4923
  • Longitude: -87.663

    Address

  • Full Address: 240 Arcadia St
  • Address - House Number: 240
  • Address - Street Name: Arcadia
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C016
  • 4-Digit Zip Code: 1436
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,022
  • Tax Rate Code Area: 12035

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 101,016
  • High Value: 111,229
  • Low Value: 90,802

    Market Valuation

  • Market Total Value: $50,580
  • Market Land Value: $13,940
  • Market Improvement Value: $36,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,058
  • Assessed Land Value: $1,394
  • Assessed Improvements Value: $3,664

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13059
  • Previous Sale Recording Date: Mar 13, 2018
  • Previous Sale Contract Date: Dec 30, 2017
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: 68
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 Park Forest


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 240 Arcadia Street built and last sold?
The property at 240 Arcadia Street was built in 1953 and last sold on Jan 17, 2024 for $85,000.
How much is this home worth?
The estimated value of the home located at 240 Arcadia Street is $0.
What are some comparable homes to 240 Arcadia Street?
There are currently no comparable homes to 240 Arcadia Street.