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Park Forest 60466
29 Cunningham Lane
$141,000
● House - Off Market

29 Cunningham Lane

Park Forest, IL 60466
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,094 Ft²
$1,438
Est. Monthly
$200
HOA / Fees
6.92%
Cap Rate

About This Property

Nice size ranch style end unit townhome with great master suite. This home has a large living room and dining room ara. Plenty of cabinet space in th large eat-in kitchen. Full badement that can been finished off with more bedrooms, office, rec. room and a possible 3rd bath. Very close to schools, shopping, and the interstate. A couple of blocks from downtown Park Forest. This property is being sold as is.  Make this one yours!
Unit Size
1,094 Ft²
Days on Market
-
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$551
HOA Dues
$200
Year Built
1998

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 10
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,230
  • Total Building Area: 1,094
  • Gross Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHOOL HOUSE MANOR
  • Land Acres: 0000000074
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95
  • Legal Description 1: (SCHOOL) (HOUSE) (MANOR) LOT 15

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830300

Geography

  • District: 32
  • Parcel: 31-25-402-015-0000
  • Lot: 15
  • Meridian: SEC 25 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4867
  • Longitude: -87.6832

    Address

  • Full Address: 29 Cunningham Ln
  • Address - House Number: 29
  • Address - Street Name: Cunningham
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C005
  • 4-Digit Zip Code: 2094
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,958
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 196,413
  • High Value: 238,833
  • Low Value: 153,992

    Market Valuation

  • Market Total Value: $150,010
  • Market Land Value: $11,310
  • Market Improvement Value: $138,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,001
  • Assessed Land Value: $1,131
  • Assessed Improvements Value: $13,870

    Sales

  • Current Sale Contract Date: Jul 21, 2000
  • Current Sale Recording Date: Jul 27, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 00566658
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:

$166,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1457 ft²

Average Home Age

70.3 years

Currently For Sale

130 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

Rentals Near You

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MRED

Listed by: Trevor Nightengale, Basis Real Estate Group
Data Source: MRED, MLS# MRD12439508
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 29 Cunningham Lane built and last sold?
The property at 29 Cunningham Lane was built in 1998 and last sold on Jul 21, 2000 for $148,500.
How much is this home worth?
The estimated value of the home located at 29 Cunningham Lane is $0.
What are some comparable homes to 29 Cunningham Lane?
There are currently no comparable homes to 29 Cunningham Lane.
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