$85,000
●
House -
Off Market
481 Shabbona Drive
Park Forest, IL 60466
3 Beds
1 Bath
1,092 Ft²
$92,287
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
*** Update: Deal fell through. That's one person's loss; will it be
your gain? Back on the market! This vacant, this 3 beds 1 bath
ranch has been nicely spruced up and ready for its new owner. New
stainless steel appliances recently installed. Freshly painted on
the interior and full exterior paint in 2020 and new side panels
installed 2013. Bathroom upgrades include new surround and toilet
in 2015 & 2016 respectively. New water heater installed in 2021.
Living room and bedrooms boast beautiful wood laminate floors.
Contemporary backsplash in the kitchen which also has gorgeous
ceramic tiles beneath those linoleum tiles. Large, fenced backyard
with paved patio to facilitate all your backyard entertainment or
just to relax. What more can you ask for? Make it yours
today! Selling AS IS
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$75
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1954
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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 #11204546)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Century 21 Universal | $148,000 | |
| Listed by Century 21 Universal | |||
| | |||
|
Great Location!! Move right into this beautiful 3 bedroom, 1 bath ranch! Stainless steel kitchen appliances, built-in microwave, Beautiful kitchen with granite countertops. Freshly painted on the interior. The Bathroom has been updated with tub surround, sink and toilet. Newer water heater installed. The home has beautiful wood LVP flooring throughout, no carpeting means easy cleaning! Washer/Dryer for your convenience, 1 car carport attached, easy side door entrance to stay out of the rain and snow. Extra storage, too! Will County, Priced right to sell fast!! Schedule your showing today!! SOLD AS-IS
| |||
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Aug 29, 2021 | Listed by Keller Williams Preferred Rlty | $82,000 | |
| Listed by Keller Williams Preferred Rlty | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Park Forest
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Listed by: Ann-Marie Knott-Webster, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11204546
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11204546
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