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University Park 60484
807 Union Drive
Photo of 807 Union Drive

19

Map

Photo of 807 Union Drive
Photo of 807 Union Drive
$167,500
● House - Off Market

807 Union Drive

University Park, IL 60484
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$1,359
Est. Monthly
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,640
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOOD HILLS RIDGEVIEW
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 BLOCK 8 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: 21-14-13-207-004
  • Block: 8
  • Lot: 4
  • Meridian: SEC 13 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4404
  • Longitude: -87.676

    Address

  • Full Address: 807 Union Dr
  • Address - House Number: 807
  • Address - Street Name: Union
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: University Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 3032
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,452
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 197,135
  • High Value: 225,121
  • Low Value: 169,148

    Market Valuation

  • Market Total Value: $134,745
  • Market Land Value: $19,113
  • Market Improvement Value: $115,632

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,915
  • Assessed Land Value: $6,371
  • Assessed Improvements Value: $38,544

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2017
  • Current Sale Recording Date: Jan 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: R2018003229
  • Previous Sale Recording Date: Oct 04, 2012
  • Previous Sale Contract Date: Sep 25, 2012
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: UNK
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:

$205,000

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1774 ft²

Average Home Age

51.1 years

Currently For Sale

18 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 235 Tampa Street, Park Forest, IL, 60466

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
235 Tampa Street, Park Forest, IL, 60466 Listing by Johnnessa White

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Darrien Williams, Mark Allen Realty ERA Powered
Data Source: MRED, MLS# MRD12575212
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 807 Union Drive built and last sold?
The property at 807 Union Drive was built in 1975 and last sold on Dec 19, 2017 for $89,900.
How much is this home worth?
The estimated value of the home located at 807 Union Drive is $171,762.
What are some comparable homes to 807 Union Drive?
There are currently no comparable homes to 807 Union Drive.
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