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Park Forest 60466
257 Sauk Trail
$156,000
● House - Off Market

257 Sauk Trail

Park Forest, IL 60466
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,633 Ft²
$1,621
Est. Monthly
14.23%
Cap Rate

About This Property

Discover a stunningly remodeled Park Forest ranch home that blends modern upgrades with timeless charm. This gem sits on a corner lot perfect for outdoor enjoyment. This home has been thoughtfully updated, including a new kitchen and bathroom. Inside, you'll find an inviting fireplace to warm up those chilly evenings. The interior boasts vinyl plank flooring and light fixtures that elevate both the kitchen and bathroom. The home offers 4 bedrooms and a generous yard, ideal for family gatherings or simply unwinding after a long day. This is more than just a house-it's a place to call home. Conveniently located near schools, transportation, shopping, and the beautiful Forest Preserve. Don't miss your chance-schedule your showing today!
Unit Size
1,633 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$854
HOA Dues
-
Year Built
1951

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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.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 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: 8,080
  • Total Building Area: 1,633
  • Gross Building Area: 1,633
  • Building Area: 1,633
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,633
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE PARK FOREST AREA 02
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART E2 SEC35 W2 S36+ T35N R13E 3P

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-36-107-001-0000
  • Block: 58
  • Lot: 1
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.48
  • Longitude: -87.693

    Address

  • Full Address: 257 Sauk Trl
  • Address - House Number: 257
  • Address - Street Name: Sauk
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C011
  • 4-Digit Zip Code: 1632
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $745,622
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 141,030
  • High Value: 173,232
  • Low Value: 108,827

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $28,280
  • Market Improvement Value: $111,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,828
  • Assessed Improvements Value: $11,172

    Sales

  • Current Sale Contract Date: Jun 06, 2014
  • Current Sale Recording Date: Jun 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1416146109
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:

$165,500

Sale Price/ft²

$131

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1431 ft²

Average Home Age

69.9 years

Currently For Sale

123 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 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Tuckman, William Harris Group Chicago, LLC
Data Source: MRED, MLS# MRD12267362
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 257 Sauk Trail built and last sold?
The property at 257 Sauk Trail was built in 1951 and last sold on Jun 6, 2014 for $27,000.
How much is this home worth?
The estimated value of the home located at 257 Sauk Trail is $159,369.
What are some comparable homes to 257 Sauk Trail?
There are currently no comparable homes to 257 Sauk Trail.
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