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Park Forest 60466
359 Oswego Street
$175,000
● House - Off Market

359 Oswego Street

Park Forest, IL 60466
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$194,588
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Gorgeous rehabbed 4 bedroom house, ready to be called your home !  Brand new laminate wooden floor throughout the house. Beautiful  bedroom with a custom fireplace with its own entrance. The master suite has an attached full bath. Kitchen has Fridgaire stainless appliances with granite countertops & elegant backsplash. Huge driveway can fit many cars. Many updates too many to list, come & view this home today.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$112
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1951

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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 #11235150)

Price History

Date / Event Date Event Price
Jan 28, 2022 Sold
Premium
Sold
Oct 1, 2021 Listed by Guidance Realty $179,900
Listed by Guidance Realty

Property Highlights

Air Conditioning

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: 3
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Total Building Area: 1,411
  • Gross Building Area: 1,411
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE VILLAGE OF PARK FOREST AREA NO 3
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-36-306-026-0000
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4719
  • Longitude: -87.6836

    Address

  • Full Address: 359 Oswego St
  • Address - House Number: 359
  • Address - Street Name: Oswego
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C019
  • 4-Digit Zip Code: 2338
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $774,551
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 143,590
  • High Value: 181,639
  • Low Value: 105,541

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $28,980
  • Market Improvement Value: $101,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,000
  • Assessed Land Value: $2,898
  • Assessed Improvements Value: $10,102

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2208912119
  • Previous Sale Recording Date: Nov 09, 2020
  • Previous Sale Contract Date: Jul 16, 2020
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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

$129

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1456 ft²

Average Home Age

70.8 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 13 Hemlock Street, Park Forest, IL, 60466

$1,575 /mo

  • 2 Beds
  • 1 Bath
  • 925 ft²
13 Hemlock Street #13, Park Forest, IL, 60466 Listing by Tameka Anderson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Subica Rauf, Guidance Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11235150
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 359 Oswego Street built and last sold?
The property at 359 Oswego Street was built in 1951 and last sold on Jan 26, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 359 Oswego Street is $0.
What are some comparable homes to 359 Oswego Street?
There are currently no comparable homes to 359 Oswego Street.
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