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Park Forest 60466
8 Sangamon Court
$93,000
● House - Off Market

8 Sangamon Court

Park Forest, IL 60466
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$120,086
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Why pay rent when you can own for less? A perfect opportunity to take advantage of. Welcoming and warm ranch with a massive lot. Make lifetime memories in the big backyard with your family and friends. Enjoy hosting in the beautifully remodeled kitchen with granite countertops, backsplash, 42" cabinets and recessed lighting. The spacious living room with vaulted ceilings is ideal to sit back relax and enjoy your favorite movie. Spacious 3 bedrooms and plenty of closet space. There's No Place Like Home! ACT NOW! Conveniently located with all restaurants, expressways, and parks nearby! Schedule your showing!!!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$100
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1953

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Cap Rate Calculator

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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 #11242844)

Price History

Date / Event Date Event Price
Oct 25, 2023 Sold
Premium
Sold
Dec 7, 2022 Listed by Real People Realty $107,000
Listed by Real People Realty
RECENTLY REHABBED 3 BEDROOM 2 BATH RANCH MOVE IN READY. BEAUTIFUL KITCHEN WITH CHERRY CABINETS AND NEWER APPLIANCES OVERLOOKING THE LARGE BRIGHT AIRY LIVINGROOM. BEDROOMS AND 1 BATH. HOME SITS ON A LARGE LOT WITH A HUGE BACK YARD.
Dec 21, 2021 Sold
Premium
Sold
Oct 10, 2021 Listed by Coldwell Banker Real Estate Group $109,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,982
  • Lot Size Depth Feet: 740
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RESUBDIVISION OF BLK72 & 73 EX LOTS 1
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (RESUBDIVISION) OF BLK72 & 73 EX LOTS 1 & 45-53 INCL BLK73 & VACATED TOPEKA ST ALL VILLAGE OF PARK FOREST AREA5 SUB OF PT & W

Neighborhood

  • School District Name: Rich Township High School District 227
  • Census Tract: 830400

Geography

  • District: 32
  • Parcel: 31-35-411-060-0000
  • Block: 72,73
  • Lot: 1
  • Meridian: SEC 36 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.4744
  • Longitude: -87.6992

    Address

  • Full Address: 8 Sangamon Ct
  • Address - House Number: 8
  • Address - Street Name: Sangamon
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Park Forest
  • Carrier Code: C018
  • 4-Digit Zip Code: 2225
  • Zip Code: 60466

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $766,319
  • Tax Rate Code Area: 32021

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 105,904
  • High Value: 116,611
  • Low Value: 95,196

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $24,440
  • Market Improvement Value: $115,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $2,444
  • Assessed Improvements Value: $11,556

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33122
  • Previous Sale Recording Date: Jan 20, 2022
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Document Type: 71
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:

$166,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1453 ft²

Average Home Age

70.3 years

Currently For Sale

131 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 5044 Brighton Lane, Richton Park, IL, 60471

$2,050 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery
Unit for rent at 4453 S Churchill Drive, Richton Park, IL, 60471

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 925 ft²
4453 S Churchill Drive, Richton Park, IL, 60471 Listing by Christina Johns

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Usman Taj, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11242844
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 8 Sangamon Court built and last sold?
The property at 8 Sangamon Court was built in 1953 and last sold on Oct 20, 2023 for $80,000.
How much is this home worth?
The estimated value of the home located at 8 Sangamon Court is $109,882.
What are some comparable homes to 8 Sangamon Court?
There are currently no comparable homes to 8 Sangamon Court.
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