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University Park 60484
730 Union Drive
$115,000
● House - Off Market

730 Union Drive

University Park, IL 60484
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,150 Ft²
$988
Est. Monthly
13.65%
Cap Rate

About This Property

This home is move in/or rent ready. Recently refinished with new floors throughout, granite in eat in kitchen and a full unfinished basement. This home has fresh paint,  3 bedrooms,  and full bath. newer large windows brightens the home throughout. The two car garage is always a plus. This home is also for rent for 1465/month, housing authority recipients welcome.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$109
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1970

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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 #11941750)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
Dec 15, 2023 Listed by Berg Properties $125,730
Listed by Berg Properties
May 11, 2020 No longer available -
No longer available
Apr 2, 2020 Listed $95,730
Listed
This home is move in/or rent ready. Recently refinished with new floors throughout, granite in eat in kitchen and a full unfinished basement. This home has fresh paint, 3 bedrooms, and full bath. newer large windows brightens the home throughout. The two car garage is always a plus. This home is also for rent for 1465/month, housing authority recipients welcome. The manager has listed the unit size as 1150 square feet.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,120
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,240
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOOD HILL
  • Land Acres: 0000000180
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 21 BLOCK 4 IN WOOD HILL'S RIDGEVIEW SUB, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 12 THE NE1/4 OF SEC. 13, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883606

Geography

  • Parcel: 21-14-12-405-034
  • Block: 4
  • Lot: 21
  • Meridian: SEC 13 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4426
  • Longitude: -87.6766

    Address

  • Full Address: 730 Union Dr
  • Address - House Number: 730
  • Address - Street Name: Union
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: University Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 2919
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $465,484
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 112,378
  • High Value: 122,172
  • Low Value: 102,583

    Market Valuation

  • Market Total Value: $99,084
  • Market Land Value: $19,113
  • Market Improvement Value: $79,971

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,028
  • Assessed Land Value: $6,371
  • Assessed Improvements Value: $26,657

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10624
  • Previous Sale Recording Date: Feb 10, 2009
  • Previous Sale Contract Date: Jan 21, 2009
  • Previous Sale Amount: $107,105
  • Previous Sale Document Type: 64
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 University Park

Stats & Trends

Median Asking:

$206,000

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1887 ft²

Average Home Age

50.2 years

Currently For Sale

16 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 471 Tomahawk Street, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
471 Tomahawk Street, Park Forest, IL, 60466 Listing by Rishab Chawla
Unit for rent at 101 Shabbona Drive, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
101 Shabbona Drive, Park Forest, IL, 60466 Listing by Kierra Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Berg, Berg Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11941750
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 730 Union Drive built and last sold?
The property at 730 Union Drive was built in 1970 and last sold on Mar 5, 2024 for $115,000.
How much is this home worth?
The estimated value of the home located at 730 Union Drive is $0.
What are some comparable homes to 730 Union Drive?
There are currently no comparable homes to 730 Union Drive.
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