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Park Forest 60466
243 Blackhawk Drive
$122,000
● House - Off Market

243 Blackhawk Drive

Park Forest, IL 60466
bedrooms
2 Beds
bathrooms
1 Bath
square feet
949 Ft²
$114,853
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

RECENTLY RENOVATED  RANCH HOME W/ GOOD SIZE LIVING ROOM WITH NEWER CARPET AND  BAY WINDOW FOR GREAT NATRUAL SUNLIGHT. UPDATED EAT IN KITCHEN HAS NEWER WHITE SHAKER CABINETS WITH ALL BLACK APPLAINCES FOR A NICE LOOK! LARGE PATIO AREA WITH A NICE SIZE YARD AND 2.5 CAR DETACHED GARAGE. SET YOUR APPOINTMENT TODAY!  PROPERTY SOLD AS-IS, NO TERMITE, NO SURVEY, & 100% TAX PRORATION
Unit Size
949 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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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.

Last updated: 3 years ago (MRED MLS #11787838)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
May 19, 2023 Listed by Kennedy Connection Realtors $115,500
Listed by Kennedy Connection Realtors

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,613
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 949
  • Gross Building Area: 949
  • Building Area: 949
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 949
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA5
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA5) SUB OF PT EH SEC35 & PT BLKS31-33,42-46,53-56,62-65,72-73,79-84 IN WH SEC36 WH SEC 36-35-1

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830400

Geography

  • District: 32
  • Parcel: 31-35-413-020-0000
  • Block: 31-33
  • Lot: 17
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4743
  • Longitude: -87.6959

    Address

  • Full Address: 243 Blackhawk Dr
  • Address - House Number: 243
  • Address - Street Name: Blackhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 2243
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $461,346
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 36,375
  • High Value: 52,981
  • Low Value: 19,768

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $26,650
  • Market Improvement Value: $83,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,665
  • Assessed Improvements Value: $8,335

    Sales

  • Current Sale Contract Date: Jul 19, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 15018
  • Previous Sale Recording Date: Jun 19, 2017
  • Previous Sale Contract Date: Apr 12, 2017
  • Previous Sale Document Type: 64
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

$131

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1400 ft²

Average Home Age

70 years

Currently For Sale

122 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 3484 Western Avenue, Park Forest, IL, 60466

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
3484 Western Avenue #3484B, Park Forest, IL, 60466 Listing by Tameka Anderson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kevin Kennedy, Kennedy Connection Realtors
Last Updated: 3 years ago
Data Source: MRED, MLS# 11787838
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 243 Blackhawk Drive built and last sold?
The property at 243 Blackhawk Drive was built in 1952 and last sold on Jul 19, 2023 for $122,000.
How much is this home worth?
The estimated value of the home located at 243 Blackhawk Drive is $117,239.
What are some comparable homes to 243 Blackhawk Drive?
There are currently no comparable homes to 243 Blackhawk Drive.
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