$205,000
●
Condo -
Off Market
6815 Forestview Drive #2D
Oak Forest, IL 60452
2 Beds
2 Baths
1,200 Ft²
$1,519
Est. Monthly
$210
HOA / Fees
5.75%
Cap Rate
About This Property
Don't miss out on this updated 2 bed, 2 bath, 1 car garage in
desirable Sunchase Pointe. Spacious living room, bright and sunny
eat in kitchen with updated cabinets, custom quartz countertops,
new Kraus sink and backsplash (2023). Alexa controlled LED lighting
under the cabinets. New kitchen appliances (2022), water heater
(2018) and vinyl flooring throughout (2020). Custom trim work in
kitchen, living room and hallway. Updated bathrooms (2023).
Convenient In-Unit Laundry and more storage in the 1 car garage.
Assessments include water. Tons of privacy and just steps away from
forest preserve and biking trails.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
Condo
Property Taxes
$302
HOA Dues
$210
Year Built
-
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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 #11924808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Nov 6, 2023 | Listed by Realty Partner Networks | $205,000 | |
| Listed by Realty Partner Networks | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 2
Parking Features: Unassigned, Off Street, Visitor Parking
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick
Age: 21-25 Years
Rehab Year: 2022
Rebuilt(Y/N): No
Parcel Number: 28181010491008
Property Type: Residential
Year Built: 2001
No Disability Access
Special Conditions: None
Exterior Features: Balcony
Lot Features: Common Grounds, Streetlights
Lot Size Dimensions: COMMON
Water Source: Lake Michigan, Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $3,624
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Bremen
Corporate Limits: Oak Forest
Directions: 159th St to Oak Park Ave to Forestview Drive
County or Parish: Cook
Elementary School District: 146
Elementary School: Walter F Fierke Ed Center
Middle Or Junior School District: 146
Middle Or Junior School: Central Middle School
High School District: 230
High School: Victor J Andrew High School
Other Details
Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $210
Association Fee Freq: Monthly
Holds Earnest Money: No
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2023
|
2 Bed
|
2 Bath
|
1200 ft²
|
$205,000
2 Bed
2 Bath
1200 ft²
|
$205,000
12/20/2023
|
Paul Sanchez
Realty Partner Networks
| |
|
07/29/2021
|
2 Bed
|
2 Bath
|
1187 ft²
|
$168,000
2 Bed
2 Bath
1187 ft²
|
$168,000
10/06/2021
|
Allison Ascher
Coldwell Banker Realty
| |
|
02/10/2017
|
2 Bed
|
2 Bath
|
1000 ft²
|
$114,900
2 Bed
2 Bath
1000 ft²
|
$105,500
-8.18%
06/23/2017
|
Jack Wolf
RE/MAX Synergy
|
Building Info
About Oak Forest
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Listed by: Paul Sanchez, Realty Partner Networks
Last Updated: 3 years ago
Data Source: MRED, MLS# 11924808
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# 11924808
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