1020 Park Ave Ford Heights, IL 60411
Estimated payment $650/month
Highlights
- Ranch Style House
- Central Air
- Family Room
- Laundry Room
- Combination Dining and Living Room
- Paved or Partially Paved Lot
About This Home
Whether you're a seasoned investor or purchasing your first rental property, 1020 Park Lane is the opportunity you've been waiting for! This 3-bedroom, 1-bath single-family home is occupied by a long-term tenant who wishes to stay, providing immediate and reliable cash flow from day one. The tenant pays all utilities-including water and trash through the village-keeping your operating expenses low. The home is being sold as-is, making this a straightforward, hassle-free addition to any portfolio. Secure a property that's already generating income and positioned for long-term stability. Add this high-performing investment to your portfolio today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,817
Year Built
- Built in 1962
Lot Details
- Paved or Partially Paved Lot
Home Design
- Ranch Style House
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,113 Sq Ft Home
- Family Room
- Combination Dining and Living Room
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
- Gas Dryer Hookup
Parking
- 1 Parking Space
- Parking Available
- Side Driveway
Schools
- Medgar Evers Primary Elementary School
- Cottage Grove Middle School
- Bloom High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,582 | $2,892 | $666 | $2,226 |
| 2024 | $2,582 | $2,892 | $666 | $2,226 |
| 2023 | $2,260 | $2,892 | $666 | $2,226 |
| 2022 | $2,260 | $2,514 | $666 | $1,848 |
| 2021 | $2,111 | $2,514 | $666 | $1,848 |
| 2020 | $2,287 | $2,514 | $666 | $1,848 |
| 2019 | $2,237 | $2,371 | $555 | $1,816 |
| 2018 | $2,147 | $2,371 | $555 | $1,816 |
| 2017 | $2,415 | $2,371 | $555 | $1,816 |
| 2016 | $2,619 | $2,421 | $444 | $1,977 |
| 2015 | $2,453 | $2,421 | $444 | $1,977 |
| 2014 | $2,537 | $2,421 | $444 | $1,977 |
| 2013 | $2,569 | $2,761 | $444 | $2,317 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $80,000 | -- | $72 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $16,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $15,200 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12543844
APN: 32-23-121-062-0000
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