$110,000
SOLD AUG 20, 2025

500 Lakewood Blvd Park Forest, IL 60466

3 Beds
1.5 Baths
1,248 Sq Ft
1955 Built

Recently Sold

$88 Per Sq Ft

37% Below List Price

42 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of August 2025

A MUST SEE!! CALLING ALL FIRST-TIME BUYERS AND INVESTORS! Don't miss viewing this lovely 3 BD, 1.1 BA ranch in desireable Park Forest, IL. This ranch home has plenty of living space and storage. With the home newly painted and new wall to wall carpeting, it makes this home a blank canvas for you to make it your very own. L-shaped living room/dining room, eat-in kitchen, and a spacious family room with storage area. This beautiful corner lot has a fabulous curb appeal. If you love outdoor living, the large, fenced-in backyard is perfect for entertainment. This home comes with a two car garage (needing some TLC) and driveway that can fit multiple vehicles. **Near schools, churches, parks & shops and is about a 4 min walk to downtown Park Forest. This property is being sold "AS IS" Condition.

Last Agent to Sell the Property

Sonia Perez

Harthside Realtors, Inc. License #471006233 Listed on: 06/09/2025

Last Buyer's Agent

Izeddin Awaidah

Realty One Group Heartland License #475174804

Realty One Group Heartland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

  • Fine Arts And Communications Cam High School

Additional Features

  • Lot Dimensions are 74x119
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • 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): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1248
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Brick, Frame
  • List Price: 150000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Side Driveway, On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: 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

Schools

  • High School: Fine Arts And Communications Cam
  • Middle/Junior School District: 163

Lot Info

  • Lot Dimensions: 74X119
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6603
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Aug 15, 2025
Sold by
Collum Leonard
Bought by
Basha Real Estate Development Company
Seller's Agent
Sonia Perez
Harthside Realtors, Inc.
Buyer's Agent
Izeddin Awaidah
Realty One Group Heartland
List Price
$175,000
Sold Price
$110,000
Premium/Discount to List
-$65,000
-37.14%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22020.75%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Collum Leonard
Bought by
Collum Leonard

Purchase Details

Closed on
Apr 28, 2000
Sold by
Collum Rosie
Bought by
The Rosie L Collum Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Administrators Deed $110,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $110,000 -26.7% $88 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $150,000 -14.3% $120 / Sq Ft
06/09/2025 06/09/25 For Sale $175,000 -- $140 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $6,603 $13,000 $3,133 $9,867
2023 $2,375 $13,000 $3,133 $9,867
2022 $2,375 $5,871 $2,909 $2,962
2021 $7,063 $5,871 $2,909 $2,962
2020 $7,063 $5,871 $2,909 $2,962
2019 $739 $6,852 $2,685 $4,167
2018 $701 $6,852 $2,685 $4,167
2017 $809 $6,852 $2,685 $4,167
2016 $2,522 $6,818 $2,461 $4,357
2015 $2,255 $6,818 $2,461 $4,357
2014 $2,277 $6,818 $2,461 $4,357
2013 $2,495 $7,461 $2,461 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12387696

Midwest Real Estate Data (MRED)

APN: 31-26-414-010-0000