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Park Forest 60466
320 Indianwood Boulevard
$175,000
● House - Off Market

320 Indianwood Boulevard

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
953 Ft²
$1,592
Est. Monthly
10.07%
Cap Rate

About This Property

This charming 3-bedroom ranch has been fully updated and features a bright, open floor plan perfect for modern living.Sunny living room with stylish fireplace and big windows. The stunning white kitchen boasts quartz countertops, stainless steel appliances and space for a dining table-ideal for everyday meals or entertaining guests.  Enjoy the sleek, newly renovated bathroom with stylish, modern finishes. Freshly painted throughout with brand-new flooring, this home is move-in ready and filled with natural light.  Step outside to a big fenced yard with huge deck.The yard isperfect for outdoor activities, pets, or gardening. A spacious attached garage provides ample storage and parking.
Unit Size
953 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
$732
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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 953
  • Gross Building Area: 953
  • Building Area: 953
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 953
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE/PK FOREST AREA 05
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-36-311-028-0000
  • Block: 42
  • Lot: 7
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4759
  • Longitude: -87.688

    Address

  • Full Address: 320 Indianwood Blvd
  • Address - House Number: 320
  • Address - Street Name: Indianwood
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C008
  • 4-Digit Zip Code: 2364
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $722,764
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 121,452
  • High Value: 149,185
  • Low Value: 93,720

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $26,040
  • Market Improvement Value: $93,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,000
  • Assessed Land Value: $2,604
  • Assessed Improvements Value: $9,396

    Sales

  • Current Sale Contract Date: Aug 01, 2012
  • Current Sale Recording Date: Sep 07, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1225111052
  • Previous Sale Recording Date: Jun 19, 2012
  • Previous Sale Contract Date: Apr 23, 2012
  • Previous Sale Document Type: 42
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

$128

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1454 ft²

Average Home Age

69.7 years

Currently For Sale

125 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: Magdalena Malyszko, HomeSmart Connect LLC
Data Source: MRED, MLS# MRD12403821
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 320 Indianwood Boulevard built and last sold?
The property at 320 Indianwood Boulevard was built in 1951 and last sold on Aug 1, 2012 for $24,000.
How much is this home worth?
The estimated value of the home located at 320 Indianwood Boulevard is $0.
What are some comparable homes to 320 Indianwood Boulevard?
There are currently no comparable homes to 320 Indianwood Boulevard.
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