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Oak Forest 60452
4923 Forest Court
$275,000
● House - Off Market

4923 Forest Court

Oak Forest, IL 60452
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,358 Ft²
$302,969
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Super clean tri-level on quiet, tree lined cul-de-sac. 3 bedroom, 2 bath with updates including all new windows in the last year except for 2, new a/c and new coil in furnace, roof 8 years young, siding, soffit, and gutters 1 yr, and new dishwasher. You will love the location, so close to commute, shopping, and food. Enjoy your showing while it is still available!
Unit Size
1,358 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1974

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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 #11250987)

Price History

Date / Event Date Event Price
Dec 27, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Keller Williams Preferred Rlty $275,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Total Building Area: 1,358
  • Gross Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,358
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST COURT
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (FOREST) (COURT) SUB OF LT 2 IN BLK 3 IN A T MCINTOSH & COS SOUTHTOWN FARMS UNIT 2 SUB IN SECS 27 & 28 SEC 28-36-13

Neighborhood

  • School District Name: Arbor Park School District 145
  • Census Tract: 825302

Geography

  • District: 13
  • Parcel: 28-28-217-015-0000
  • Block: 3
  • Lot: 2
  • Meridian: SEC 28 TWN 36N RNG 13E
  • Municipality: BREMEN
  • Latitude: 41.5868
  • Longitude: -87.7396

    Address

  • Full Address: 4923 Forest Ct
  • Legal Unit: 2
  • Address - House Number: 4923
  • Address - Street Name: Forest
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Oak Forest
  • Carrier Code: C010
  • 4-Digit Zip Code: 4505
  • Zip Code: 60452

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $847,906
  • Tax Rate Code Area: 13056

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 269,460
  • High Value: 296,705
  • Low Value: 242,216

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $44,550
  • Market Improvement Value: $215,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $4,455
  • Assessed Improvements Value: $21,545

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Jan 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2203139155
  • Previous Sale Recording Date: Aug 08, 2003
  • Previous Sale Contract Date: Jul 11, 2003
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 27
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 Oak Forest

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1458 ft²

Average Home Age

47.8 years

Currently For Sale

46 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

Rentals Near You

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MRED

Listed by: Jinger Bartolini, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11250987
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 4923 Forest Court built and last sold?
The property at 4923 Forest Court was built in 1974 and last sold on Dec 27, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 4923 Forest Court is $0.
What are some comparable homes to 4923 Forest Court?
There are currently no comparable homes to 4923 Forest Court.
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