For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Park Forest 60466
308 Miami Street
$133,000
● House - Off Market

308 Miami Street

Park Forest, IL 60466
bedrooms
2 Beds
bathrooms
1 Bath
square feet
949 Ft²
$135,925
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Rare Home with Volume Ceilings in Living room, really opens up the living area and showcases the stunning beams!  Beautiful,updated 2 bedroom, 1 bath home ! Brand new kitchen cabinets, counter tops, stainless steel appliances, sink,light & plumbing fixtures. Bathroom with new tub, tub surround, vanity,sink,flooring,plumbing & light fixtures.New carpet, interior doors, paint,upgraded vinyl flooring, light fixtures through-out. Nice sized, partially fenced lot. Oversized 1+ car garage. Great location-no neighbors behind.Easy access to I-57/80 and shopping/restaurants. Home is cute as a button and immaculate!
Unit Size
949 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1952

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11450823)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by CRIS REALTY $129,900
Listed by CRIS REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 4
  • 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: 4
  • Parking Space Count: 2
  • 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: 949
  • Gross Building Area: 949
  • Building Area: 949
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 949
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA4
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA4) SUB OF WH SEC36 & PT EH SEC35 EH SEC 35-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-35-209-012-0000
  • Block: 91
  • Lot: 7
  • Meridian: SEC 35 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4778
  • Longitude: -87.6977

    Address

  • Full Address: 308 Miami St
  • Address - House Number: 308
  • Address - Street Name: Miami
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1916
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $471,050
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 124,567
  • High Value: 137,161
  • Low Value: 111,972

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $25,200
  • Market Improvement Value: $94,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,520
  • Assessed Improvements Value: $9,480

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 42208
  • Previous Sale Recording Date: Feb 06, 2017
  • Previous Sale Contract Date: Jan 19, 2017
  • Previous Sale Amount: $12,000
  • 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:

$166,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1456 ft²

Average Home Age

70.8 years

Currently For Sale

129 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 4453 S Churchill Drive, Richton Park, IL, 60471

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 925 ft²
4453 S Churchill Drive, Richton Park, IL, 60471 Listing by Christina Johns

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: April Blair, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 11450823
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 308 Miami Street built and last sold?
The property at 308 Miami Street was built in 1952 and last sold on Oct 31, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 308 Miami Street is $0.
What are some comparable homes to 308 Miami Street?
There are currently no comparable homes to 308 Miami Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Rich Homes for Sale
Rich Houses for Sale
Rich Condos for Sale
Rich Townhouses for Sale
Rich Multifamily for Sale
Rich Land for Sale
Rich Commercial for Sale
Rich Homes with Basements
Nearby Cities
Orland Park Homes for Sale
Tinley Park Homes for Sale
Oak Forest Homes for Sale
Park Forest Homes for Sale
Frankfort Homes for Sale
Dolton Homes for Sale
Homewood Homes for Sale
Chicago Heights Homes for Sale
Nearby Property Records
Cook County, IL Property Records
Will County, IL Property Records
Lake County, IN Property Records
Kankakee County, IL Property Records
DuPage County, IL Property Records
Porter County, IN Property Records
Grundy County, IL Property Records
Kendall County, IL Property Records
Nearby Counties
Thornton Homes for Sale
Bremen Homes for Sale
Orland Homes for Sale
Bloom Homes for Sale
Frankfort Homes for Sale
Crete Homes for Sale
Monee Homes for Sale
Green Garden Homes for Sale
Top Real Estate Agents
Top Agents in Rich
Top Agents in Thornton
Top Agents in Bremen
Top Agents in Orland
Top Agents in Bloom
Top Agents in Orland Park
Top Agents in Tinley Park
Top Agents in Frankfort