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Park Forest 60466
351 Sauk Trail
$129,000
● House - Off Market

351 Sauk Trail

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$131,622
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Meticulously maintained 3 bedroom 1 bath perfect starter home or rental. 1 car garage, with a driveway that can fit 6 cars. Light filled kitchen comes with stainless steel appliances. Bathroom has custom tile work throughout. Recent upgrades include AC/water heater (2019), furnace/windows (2018), Living room laminate flooring (2020), bedroom carpet (2021), roof/electrical (2015).
Unit Size
1,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$114
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1954

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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 #11309763)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 23, 2022 Listed by Keller Williams ONEChicago $125,000
Listed by Keller Williams ONEChicago

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,520
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA4
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (AREA4) SUB OF WH SEC36 & PT EH SEC35 EH SEC 35-35-13

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-35-212-037-0000
  • Block: 94
  • Lot: 4
  • Meridian: SEC 35 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4827
  • Longitude: -87.6982

    Address

  • Full Address: 351 Sauk Trl
  • Address - House Number: 351
  • Address - Street Name: Sauk
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C020
  • 4-Digit Zip Code: 1521
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $754,361
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 129,287
  • High Value: 163,546
  • Low Value: 95,027

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $29,820
  • Market Improvement Value: $100,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,982
  • Assessed Improvements Value: $10,018

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2206807133
  • Previous Sale Recording Date: Jan 04, 2005
  • Previous Sale Contract Date: Nov 11, 2004
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: 68
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

$130

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1408 ft²

Average Home Age

70.7 years

Currently For Sale

124 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 4032 216th Street, Matteson, IL, 60443

$1,825 /mo

  • 2 Beds
  • 1 Bath
  • 1,267 ft²
4032 216th Street #1W, Matteson, IL, 60443 Listing by Olga Kaminska
Unit for rent at 4020 216th Street, Matteson, IL, 60443

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
4020 216th Street #2E, Matteson, IL, 60443 Listing by Latanya Sampson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lourdes Fernando, Keller Williams ONEChicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 11309763
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 351 Sauk Trail built and last sold?
The property at 351 Sauk Trail was built in 1954 and last sold on Feb 28, 2022 for $129,000.
How much is this home worth?
The estimated value of the home located at 351 Sauk Trail is $126,981.
What are some comparable homes to 351 Sauk Trail?
There are currently no comparable homes to 351 Sauk Trail.
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