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Park Forest 60466
342 BLACKHAWK Drive
$110,000
● House - Off Market

342 BLACKHAWK Drive

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$1,059
Est. Monthly
15.70%
Cap Rate

About This Property

Look at This Great Property! Some Updates Have Been Completed and Home Will Need Your Finishing Touches. This 3 Bedroom, 2 Full Bathroom Home Features Updated Bathrooms (Just Need to be Painted). New Windows Are Scheduled to be Installed in the Bedrooms, Kitchen, and Side One in the Living Room. Home Also Features Eat-In Kitchen, Large Living Room with Natural Light and Display Windows. Home Also Has a Convenient 1st Floor Bedroom and Adjacent 1st Floor Bathroom. Additional Bedrooms and Full Bathroom on 2nd Floor. Large Lot with a Fenced Yard and Concrete Patio. Owner is Motivated and Has Priced the Home to Sell! Call Today for Your Private Showing!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$78
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1953

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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 #11945226)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 11, 2023 Listed by Keller Williams Preferred Rlty $109,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMMINGS & FOREMANS REAL ESTATE CORP ROO
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: (CUMMINGS) & (FOREMANS) REAL ESTATE CORP (ROOSEVELT) ROAD & (17TH) AVE SUB OF LTS1-5,7-8 IN OWNERS PARTN OF S83.2ACS OF WH SE

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-35-208-004-0000
  • Block: 90
  • Lot: 1-5
  • Meridian: SEC 15 TWN 39N RNG 12E
  • Municipality: RICH
  • Latitude: 41.48
  • Longitude: -87.7

    Address

  • Full Address: 342 Blackhawk Dr
  • Address - House Number: 342
  • Address - Street Name: Blackhawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C001
  • 4-Digit Zip Code: 1912
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $628,343
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 107,947
  • High Value: 118,861
  • Low Value: 97,033

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $26,250
  • Market Improvement Value: $123,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $2,625
  • Assessed Improvements Value: $12,375

    Sales

  • Current Sale Contract Date: Jan 03, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45031
  • Previous Sale Recording Date: Sep 25, 2013
  • Previous Sale Contract Date: Sep 07, 2013
  • Previous Sale Amount: $4,000
  • 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:

$166,000

Sale Price/ft²

$131

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: Anthony Meier, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11945226
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 342 Blackhawk Drive built and last sold?
The property at 342 Blackhawk Drive was built in 1953 and last sold on Jan 3, 2024 for $110,000.
How much is this home worth?
The estimated value of the home located at 342 Blackhawk Drive is $0.
What are some comparable homes to 342 Blackhawk Drive?
There are currently no comparable homes to 342 Blackhawk Drive.
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