When was property at 5 Oak Lane built and last sold?

The property at 5 Oak Lane was built in 1951 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 5 Oak Lane is $170,975.

What are some comparable homes to 5 Oak Lane?

There are currently no comparable homes to 5 Oak Lane.

Park Forest

60466

5 Oak Lane

$170,000

● House - Off Market

5 Oak Lane

Park Forest, IL 60466

3 Beds

2 Baths

1,171 Ft²

$1,689

Est. Monthly

About This Property

This beautifully renovated 3-bedroom, 2-bath home combines modern updates with timeless charm. From the moment you arrive, the manicured landscaping and inviting exterior makes a lasting impression. Inside, you'll find new flooring throughout and a brand-new kitchen featuring sleek cabinets, stylish finishes, and plenty of workspace. The family room boasts vaulted ceilings with exposed wood beams and a cozy wood-burning fireplace, creating a warm and welcoming atmosphere. Enjoy additional living space in the spacious living room, perfect for entertaining or relaxing. A separate laundry room adds convenience, while each of the three large bedrooms offers comfort and ample storage. Both bathrooms have been tastefully updated, completing this move-in-ready home that truly has it all. Seller is offering a $5,000 appliance credit. Schedule your viewing today!

Unit Size

1,171 Ft²

Days on Market

Land Size

Price per sqft

$145

Property Type

House

Property Taxes

$854

HOA Dues

Year Built

1951

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Property Highlights

Building Info

Overview

General

Year Built: 1951

Effective Year Built: 1951
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: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,280

Total Building Area: 1,171
Gross Building Area: 1,171
Building Area: 1,171
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,171
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MIDDLECREEK 02
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: 830300

Geography

District: 32

Parcel: 31-36-403-025-0000
Lot: 70
Meridian: SEC 36 TWN 35N RNG 13E
Municipality: RICH
Latitude: 41.4747
Longitude: -87.6747

Address

Full Address: 5 Oak Ln

Address - House Number: 5
Address - Street Name: Oak
Address - Suffix Type: Ln
State: IL
City Name: Park Forest
Carrier Code: C004
4-Digit Zip Code: 2030
Zip Code: 60466

Valuation

Tax

Tax Year: 2022

Tax Amount: $796,857
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 32021

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Apr 03, 2024
Confidence Score: 68
Final Value: 188,780
High Value: 231,891
Low Value: 145,669

Market Valuation

Market Total Value: $140,000

Market Land Value: $28,980
Market Improvement Value: $111,020

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $14,000
Assessed Land Value: $2,898
Assessed Improvements Value: $11,102

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Park Forest

Stats & Trends

Median Asking:

$166,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

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 173 Nauvoo Street, Park Forest, IL, 60466

$2,200 /mo

3 Beds
1 Bath
1,284 ft²

173 Nauvoo Street, Park Forest, IL, 60466 Listing by Rishab Chawla

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

Unit for rent at 3484 Western Avenue, Park Forest, IL, 60466

$1,195 /mo

1 Bed
1 Bath
700 ft²

3484 Western Avenue #A, Park Forest, IL, 60466 Listing by Becky Brown

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jennifer Upshaw, L. Upshaw Realty
Data Source: MRED, MLS# MRD12567037

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.

5 Oak Lane

About This Property

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Park Forest

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions