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Park Forest 60466
340 Osage Street
$180,000
● House - Off Market

340 Osage Street

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
2 Baths
$860
Est. Monthly
13.95%
Cap Rate

About This Property

Time Capsule Released! This beautifully maintained home displays all the love of a devoted family! Walk in to the 3 bedroom 2 bath home with tons of character with wood built ins, butler bar,rafters ceiling, hardwood floors,3 season room and handsome curb appeal with some updates over the years! Den could be used as an additional bedroom. Cant wait to show to your most discerning buyers who will treasure this home! Selling AS IS!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$30
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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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 #11999708)

Price History

Date / Event Date Event Price
May 16, 2024 Sold
Premium
Sold
Mar 8, 2024 Listed by RE/MAX Premier $169,000
Listed by RE/MAX Premier

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,705
  • Total Building Area: 1,795
  • Gross Building Area: 1,795
  • Building Area: 1,795
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,795
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA3 SUB S
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: LOT 22 IN BLK 26 IN VILLAGE OF PARK FOREST AREA #3 OF SEC36 T35N R13E 3P

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-36-414-042-0000
  • Block: 26
  • Lot: 22
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4713
  • Longitude: -87.6796

    Address

  • Full Address: 340 Osage St
  • Address - House Number: 340
  • Address - Street Name: Osage
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C019
  • 4-Digit Zip Code: 2149
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,842
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 166,846
  • High Value: 183,716
  • Low Value: 149,977

    Market Valuation

  • Market Total Value: $170,000
  • Market Land Value: $23,470
  • Market Improvement Value: $146,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,000
  • Assessed Land Value: $2,347
  • Assessed Improvements Value: $14,653
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

$129

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1453 ft²

Average Home Age

70.5 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 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
Unit for rent at 5044 Brighton Lane, Richton Park, IL, 60471

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery
Unit for rent at 101 Shabbona Drive, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
101 Shabbona Drive, Park Forest, IL, 60466 Listing by Kierra Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Howard Thomas, RE/MAX Premier
Last Updated: 3 years ago
Data Source: MRED, MLS# 11999708
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 340 Osage Street built and last sold?
The property at 340 Osage Street was built in 1954 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 340 Osage Street is $170,690.
What are some comparable homes to 340 Osage Street?
There are currently no comparable homes to 340 Osage Street.
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