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Park Forest 60466
341 Onarga Street
$66,000
● House - Off Market

341 Onarga Street

Park Forest, IL 60466
bedrooms
2 Beds
bathrooms
1 Bath
square feet
949 Ft²
$82,951
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Home has some updates throughout. Furnace, HWH, majority of windows replaced, asphalt driveway replaced. All appliances included.2 car garage. Home being sold in as is condition, Buyer responsible for village repairs if any.
Unit Size
949 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$86
Property Type
House
Property Taxes
$350
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.

Last updated: 3 years ago (MRED MLS #11329069)

Price History

Date / Event Date Event Price
Jun 16, 2022 Sold
Premium
Sold
Feb 20, 2022 Listed by RE/MAX 10 $82,000
Listed by RE/MAX 10

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 7,488
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 949
  • Gross Building Area: 949
  • Building Area: 949
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • 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 AREA3
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA3) SUB SEC 36-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-36-408-006-0000
  • Block: 24
  • Lot: 6
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4726
  • Longitude: -87.6816

    Address

  • Full Address: 341 Onarga St
  • Address - House Number: 341
  • Address - Street Name: Onarga
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C019
  • 4-Digit Zip Code: 2131
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $469,808
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 78,837
  • High Value: 98,397
  • Low Value: 59,278

    Market Valuation

  • Market Total Value: $110,000
  • Market Land Value: $26,210
  • Market Improvement Value: $83,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,000
  • Assessed Land Value: $2,621
  • Assessed Improvements Value: $8,379

    Sales

  • Current Sale Contract Date: Jun 16, 2022
  • Current Sale Recording Date: Jul 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12232
  • Previous Sale Recording Date: Oct 12, 1994
  • Previous Sale Contract Date: Oct 05, 1994
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: 69
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:

$165,000

Sale Price/ft²

$130

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1424 ft²

Average Home Age

70.3 years

Currently For Sale

121 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

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MRED

Listed by: Joanne Bartelsen, RE/MAX 10
Last Updated: 3 years ago
Data Source: MRED, MLS# 11329069
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 341 Onarga Street built and last sold?
The property at 341 Onarga Street was built in 1951 and last sold on Jun 16, 2022 for $66,000.
How much is this home worth?
The estimated value of the home located at 341 Onarga Street is $0.
What are some comparable homes to 341 Onarga Street?
There are currently no comparable homes to 341 Onarga Street.
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