See Home Value
$68,000
● House - Off Market

7 Oak Lane

Park Forest, IL 60466
bedrooms
2 Beds
bathrooms
1 Bath
square feet
974 Ft²
$762
Est. Monthly
19.45%
Cap Rate

About This Property

Complete this 2 bed/1 bath Ranch to your desires! Open floor plan has been designed, No Demo Needed! New Electrical has been done inside, AC installed, New Furnace, Roof only 10 years old, New flooring, drywall and paint. See it today and bring this Park Forest beauty to life, just in time for Fall! Cash Only. Sold As-Is. No Survey. No Tax Prorations. Park Forest Buyer Responsibility must be signed. Easy fix and flip or fix and hold.
Unit Size
974 Ft²
Days on Market
-
Land Size
-
Price per sqft
$74
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1951

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Last updated: 2 years ago (MRED MLS #12161610)

Price History

Date / Event Date Event Price
Oct 18, 2024 Sold
Sold
Oct 1, 2024 In contract -
In contract
Sep 25, 2024 Relisted $72,000
Relisted
Sep 21, 2024 In contract -
In contract
Sep 14, 2024 Listed by Real People Realty $72,000
Listed by Real People Realty
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • 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: 12,409
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 974
  • Gross Building Area: 974
  • Building Area: 974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE/PK FOREST AREA 02
  • Land Acres: 0000000285
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830300

Geography

  • District: 32
  • Parcel: 31-36-403-024-0000
  • Block: 17
  • Lot: 24
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4746
  • Longitude: -87.6749

    Address

  • Full Address: 7 Oak Ln
  • Address - House Number: 7
  • 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: $164,835
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1024
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 70,221
  • High Value: 77,418
  • Low Value: 63,023

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $43,430
  • Market Improvement Value: $56,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Land Value: $4,343
  • Assessed Improvements Value: $5,657

    Sales

  • Current Sale Contract Date: Apr 19, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41144
  • Previous Sale Recording Date: Nov 07, 2006
  • Previous Sale Contract Date: Sep 18, 2006
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park Forest


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Nearby Rentals

Unit for rent at 63 Hickory Street, Chicago Heights, IL, 60411

$1,700 /mo

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  • 1 Bath
  • 900 ft²
63 Hickory Street #2, Chicago Heights, IL, 60411 Listing by Paul Kempa
Unit for rent at 444 Hickory Street, Chicago Heights, IL, 60411

$1,695 /mo

  • 3 Beds
  • 1 Bath
  • 900 ft²
444 Hickory Street #2A, Chicago Heights, IL, 60411 Listing by Gino Picciola


Frequently Asked Questions

When was property at 7 Oak Lane built and last sold?
The property at 7 Oak Lane was built in 1951 and last sold on Apr 19, 2023 for $65,500.
How much is this home worth?
The estimated value of the home located at 7 Oak Lane is $75,139.
What are some comparable homes to 7 Oak Lane?
There are currently no comparable homes to 7 Oak Lane.