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Park Forest 60466
32 Braeburn Drive
$249,900
● House - Off Market

32 Braeburn Drive

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,104 Ft²
$2,518
Est. Monthly
4.11%
Cap Rate

About This Property

This exceptional home in coveted Thorncreek Estates offers the perfect blend of privacy and convenience, backing up to a serene forest preserve while being just minutes from the city. This home features large rooms, three fireplaces, and a finished basement. The kitchen has a center island, cook top, dishwasher, stainless steel refrigerator and plenty cabinet space. There is two full baths with the potential for a third in the basement, awaiting for your personal touches. There is no Home Owner Exemption. This home is just waiting for a new family to call it their own.
Unit Size
3,104 Ft²
Days on Market
-
Land Size
-
Price per sqft
$81
Property Type
House
Property Taxes
$1,290
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 14
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,455
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,784
  • Total Building Area: 5,159
  • Building Area: 3,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,104
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THORN CREEK ESTATES
  • Land Acres: 0000000340
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 11 BLOCK 31 IN THORN CREEK ESTATES, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 1, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883603

Geography

  • Parcel: 21-14-01-113-007
  • Block: 31
  • Lot: 11
  • Meridian: SEC 01 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4647
  • Longitude: -87.6849

    Address

  • Full Address: 32 Braeburn Dr
  • Address - House Number: 32
  • Address - Street Name: Braeburn
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C014
  • 4-Digit Zip Code: 2503
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,530,920
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2102

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 206,619
  • High Value: 224,548
  • Low Value: 188,689

    Market Valuation

  • Market Total Value: $222,957
  • Market Land Value: $43,386
  • Market Improvement Value: $179,571

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,319
  • Assessed Land Value: $14,462
  • Assessed Improvements Value: $59,857

    Sales

  • Current Sale Contract Date: Feb 13, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9888
  • Previous Sale Recording Date: Sep 26, 2022
  • Previous Sale Contract Date: Jul 26, 2022
  • Previous Sale Amount: $70,523
  • Previous Sale Document Type: 71
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 188 Nanti Street, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
188 Nanti Street, Park Forest, IL, 60466 Listing by Payton Jeffers
Unit for rent at 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon
Unit for rent at 471 Tomahawk Street, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
471 Tomahawk Street, Park Forest, IL, 60466 Listing by Rishab Chawla

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Shanor Larde, Shanor Larde
Data Source: MRED, MLS# MRD12442414
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 32 Braeburn Drive built and last sold?
The property at 32 Braeburn Drive was built in 1977 and last sold on Feb 13, 2024 for $189,900.
How much is this home worth?
The estimated value of the home located at 32 Braeburn Drive is $0.
What are some comparable homes to 32 Braeburn Drive?
There are currently no comparable homes to 32 Braeburn Drive.
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