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Park Forest 60466
75 Water Street
Photo of 75 Water Street

2

Map

Photo of 75 Water Street
$0
● House - For Sale

75 Water Street

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,088 Ft²
$0
Est. Monthly

About This Property

This 1.5 story style single family home, offers 3 bedrooms and 1 bathrooms with approximately 1575 square feet of living space plus a 2 car garage on a .20 acre lot. No Buyer Premium on this property. The buyer has the right to select their own title/closing company. The buyer is responsible for all closing costs in this transaction. Sold As Is. Seller does not provide survey. Room sizes are estimated and unverified. Xome Auction. *Property not for rent.*
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$915
HOA Dues
-
Year Built
1957

Listed By

Anthony Disano
[email protected]
Parkvue Realty Corporation

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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.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Rooms: 7
Basement: Finished, Walk-Out Access
Exterior Details
Square Footage: 1088
Square Footage Source: $0
Year Built: 1957
Construction Materials: Aluminum Siding, Brick
Lot Size Area: 8712
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Lot Size Square Feet: 8712
Lot Size Dimensions: 70X130
Water Source: Lake Michigan
Financial Details
Tax Annual Amount: $10,981
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 24
  • 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: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,088
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF PARK FOREST FIRST ADD TO WEST
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (VILLAGE) OF PARK (FOREST) (FIRST) ADD TO (WESTWOOD) SUB OF PT SOUTH OF COMM ED ROW & SE NE SEC26 LYG SOUTH OF E.J.&E.RR ROW

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-25-204-006-0000
  • Block: 32
  • Lot: 3
  • Meridian: SEC 26 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4936
  • Longitude: -87.6807

    Address

  • Full Address: 75 Water St
  • Address - House Number: 75
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C026
  • 4-Digit Zip Code: 1416
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,149,846
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 144,106
  • High Value: 177,012
  • Low Value: 111,201

    Market Valuation

  • Market Total Value: $150,000
  • Market Land Value: $36,400
  • Market Improvement Value: $113,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,640
  • Assessed Improvements Value: $11,360

    Sales

  • Current Sale Contract Date: Mar 08, 2017
  • Current Sale Recording Date: Mar 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1707449350
  • Previous Sale Recording Date: Mar 23, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $21,000
  • Previous Sale Document Type: 55

    Financing

  • First Mortgage Financing Type: FIX
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 Park Forest

Stats & Trends

Median Asking:

$165,500

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

54

Average Home Size

1464 ft²

Average Home Age

70.5 years

Currently For Sale

115 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 21510 Maple Street, Matteson, IL, 60443

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,025 ft²
21510 Maple Street, Matteson, IL, 60443 Listing by Kimberly Mc Aloon
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 5044 Brighton Lane, Richton Park, IL, 60471

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Disano, Parkvue Realty Corporation
Data Source: MRED, MLS# MRD12394180
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 75 Water Street built and last sold?
The property at 75 Water Street was built in 1957 and last sold on Mar 8, 2017 for $122,000.
How much is this home worth?
The estimated value of the home located at 75 Water Street is -$nan.
What are some comparable homes to 75 Water Street?
There are currently no comparable homes to 75 Water Street.
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