$179,000

5 Arrowhead Ct Park Forest, IL 60466

Estimated payment $1,320/month

Total Views 35,254
4 Beds
2 Baths
1,441 Sq Ft
$124 Price per Sq Ft

Highlights

  • Wood Flooring
  • Living Room
  • 1-Story Property
  • Cul-De-Sac
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.

Listing Agent

Kamil Nowakowski

NowEquity Real Estate License #471010335 Listed on: 02/26/2025

NowEquity Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1955 | Remodeled in 2022

Lot Details

  • Cul-De-Sac

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,540

Year Built

Built in 1955 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Active
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1441
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street, Driveway
  • ParkingTotal: 2
  • Driveway: Side Drive
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 6250
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4539.85
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $4,540 $6,200 $1,250 $4,950
2023 $5,139 $6,200 $1,250 $4,950
2022 $5,139 $3,824 $1,563 $2,261
2021 $5,039 $3,823 $1,562 $2,261
2020 $4,594 $3,823 $1,562 $2,261
2019 $5,156 $4,745 $1,406 $3,339
2018 $4,968 $4,745 $1,406 $3,339
2017 $4,939 $4,745 $1,406 $3,339
2016 $5,462 $5,504 $1,250 $4,254
2015 $2,793 $5,504 $1,250 $4,254
2014 $2,762 $5,504 $1,250 $4,254
2013 $1,996 $4,999 $1,250 $3,749
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 For Sale $179,000 0.0% $124 / Sq Ft
02/25/2022 02/25/22 Rented -- -- --
02/01/2022 02/01/22 Under Contract -- -- --
01/26/2022 01/26/22 For Rent $1,600 0.0% --
10/02/2018 10/02/18 Sold $43,500 -13.0% $30 / Sq Ft View Prior Sale
08/21/2018 08/21/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $50,000 0.0% $35 / Sq Ft
03/15/2018 03/15/18 Rented $1,200 0.0% --
01/31/2018 01/31/18 Under Contract -- -- --
12/06/2017 12/06/17 For Rent $1,200 0.0% --
02/05/2015 02/05/15 Sold $18,000 -8.2% $12 / Sq Ft View Prior Sale
12/24/2014 12/24/14 Pending -- -- --
12/10/2014 12/10/14 For Sale $19,600 0.0% $14 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
10/30/2014 10/30/14 For Sale $19,600 -- $14 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,000 Stewart Title
Warranty Deed $43,500 First American Title
Warranty Deed $89,000 Fidelity National Title
Warranty Deed $67,000 Fidelity National Title
Special Warranty Deed -- Fidelity National Ttile Ins
Sheriffs Deed -- None Available
Warranty Deed $68,000 Pntn
Warranty Deed -- Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,000 Construction
Previous Owner $51,200 Commercial
Previous Owner $51,200 Commercial
Previous Owner $2,649 FHA
Previous Owner $20,000 No Value Available
Closed $66,228 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12299125

Midwest Real Estate Data (MRED)

APN: 32-30-210-040-0000