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University Park 60484
813 Union Drive
$150,000
● House - Off Market

813 Union Drive

University Park, IL 60484
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,227 Ft²
$159,027
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

***Multiple offers received.Seller calling for highest & best by Monday October 31 at 12pm. ***Totally updated 3 bedroom,1.5 bath home with full basement! Brand new kitchen cabinets, counter tops, light, sink,faucet,flooring,stainless steel appliances.Full bath with new vanity,sink,faucet,lighting,flooring,tub & surround.Master bedroom with updated 1/2 bathroom, New vanity,sink,toilet,faucet,flooring and large walk-in closet. Hardwood floors through-out.New interior doors, light fixtures, fresh paint.**New Roof September 2022!!** Full basement with washer & dryer! New hot water heater. Large fenced yard with no neighbors behind.2 huge patios. Close to schools & library. Easy access to I-57. Beautiful home! ***Taxes should be lower for new owner-there are no exemptions now.***
Unit Size
1,227 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1975

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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 #11657046)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Oct 20, 2022 Listed by CRIS REALTY $149,900
Listed by CRIS REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,130
  • Total Building Area: 1,227
  • Building Area: 1,227
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,227
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOOD HILL
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 7 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: 21-14-13-207-007
  • Block: 8
  • Lot: 7
  • Meridian: SEC 13 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.44
  • Longitude: -87.6759

    Address

  • Full Address: 813 Union Dr
  • Address - House Number: 813
  • 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: $485,328
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 156,093
  • High Value: 183,926
  • Low Value: 128,259

    Market Valuation

  • Market Total Value: $103,308
  • Market Land Value: $19,113
  • Market Improvement Value: $84,195

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,436
  • Assessed Land Value: $6,371
  • Assessed Improvements Value: $28,065

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 87533
  • Previous Sale Recording Date: Dec 22, 2014
  • Previous Sale Contract Date: Oct 29, 2014
  • 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:

$209,500

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1753 ft²

Average Home Age

52.3 years

Currently For Sale

15 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 204 Shabbona Drive, Park Forest, IL, 60466

$3,200 /mo

  • 5 Beds
  • 2 Baths
  • 1,332 ft²
204 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: April Blair, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 11657046
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 813 Union Drive built and last sold?
The property at 813 Union Drive was built in 1975 and last sold on Nov 29, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 813 Union Drive is $0.
What are some comparable homes to 813 Union Drive?
There are currently no comparable homes to 813 Union Drive.
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