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Park Forest 60466
367 Minocqua Street
$166,000
● House - Off Market

367 Minocqua Street

Park Forest, IL 60466
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$1,304
Est. Monthly
15.81%
Cap Rate

About This Property

This beautiful ranch home includes 4 bedrooms, primary suite, open floor concept, spacious bedrooms, big backyard, NEW flooring, NEW SIDING, washer and dryer, AND so much more. Owner has made many updates and so much more! Easy commute to downtown with METRA close by. Minutes from I-57.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$125
Property Type
House
Property Taxes
$444
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: 2 years ago (MRED MLS #12193915)

Price History

Date / Event Date Event Price
Jan 23, 2025 Sold
Premium
Sold
Dec 9, 2024 In contract -
In contract
Nov 22, 2024 Relisted $175,000
Relisted
Nov 15, 2024 In contract -
In contract
Nov 6, 2024 Price Decreased $175,000
↓ $14K (7.4%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,837
  • Lot Size Depth Feet: 1,200
  • 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: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST AREA4
  • Land Acres: 0000000203
  • 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: 31-35-206-020-0000
  • Block: 95
  • Lot: 32
  • Meridian: SEC 35 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4833
  • Longitude: -87.6993

    Address

  • Full Address: 367 Minocqua St
  • Address - House Number: 367
  • Address - Street Name: Minocqua
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C020
  • 4-Digit Zip Code: 1932
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $291,221
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2649
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 129,409
  • High Value: 163,700
  • Low Value: 95,117

    Market Valuation

  • Market Total Value: $105,930
  • Market Land Value: $30,930
  • Market Improvement Value: $75,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,593
  • Assessed Land Value: $3,093
  • Assessed Improvements Value: $7,500

    Sales

  • Current Sale Contract Date: Jan 07, 2020
  • Current Sale Recording Date: Jan 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002822063
  • Previous Sale Recording Date: Apr 30, 2010
  • Previous Sale Contract Date: Mar 05, 2010
  • Previous Sale Amount: $40,000
  • 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:

$165,000

Sale Price/ft²

$128

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1454 ft²

Average Home Age

69.3 years

Currently For Sale

126 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 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christin Willis, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12193915
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 367 Minocqua Street built and last sold?
The property at 367 Minocqua Street was built in 1954 and last sold on Jan 7, 2020 for $68,500.
How much is this home worth?
The estimated value of the home located at 367 Minocqua Street is $0.
What are some comparable homes to 367 Minocqua Street?
There are currently no comparable homes to 367 Minocqua Street.
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