NOT LISTED FOR SALE

510 Illinois St Park Forest, IL 60466

Estimated Value: $187,000 - $254,000

3 Beds
2 Baths
1,975 Sq Ft
$113/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $142,500 $72 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,411/month

About This Home

As of November 2021

This Tri-level investment property in Park Forest comes fully loaded with on time paying tenants and lease in place. Close to everything incl. Lincoln Hwy.(Rt. 30) Hardwood floors, spacious rooms, custom shades in living room. Newer carpeting in lower level. Maintenance free exterior, 1.5 car oversized garage and stainless steel appliances. Lower level has newer windows. Property is currently being professionally managed.

Last Agent to Sell the Property

Lori Spruiell

Baird & Warner License #475161750 Listed on: 08/26/2021

Baird & Warner

Last Buyer's Agent

Lori Spruiell

Baird & Warner License #475161750 Listed on: 08/26/2021

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,788

Year Built

  • 1963

Lot Details

  • 6,970

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Split Level Home

Interior Spaces

  • Formal Dining Room
  • Finished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,788

Year Built

1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: Split Level
  • Property Sub Type: Split Level
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Architectural Style: Tri-Level
  • Directions: Rt 30 to Indiana (between Kedzie and Orchard)South to Illinois W (right) to address
  • Lot Size: 65X120
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1963

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1228
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • Other Equipment: TV-Cable, Security System, CO Detectors, Sump Pump
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1.5

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 162

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 10583.71
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Nov 2, 2021
Sold by
Dent Felicia R
Bought by
Harris Tamra M and Stuckey Matthew A
Seller's Agent
Lori Spruiell
Baird & Warner
Buyer's Agent
Lori Spruiell
Baird & Warner
List Price
$160,000
Sold Price
$142,500
Premium/Discount to List
-$17,500
-10.94%
Current Estimated Value
$223,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,810
Avg. Annual Appreciation
12.38%
Original Mortgage
$139,918
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2003
Sold by
Clark Gaylon L and Clark Charlotte M
Bought by
Dent Felicia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,150
Interest Rate
5.9%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Harris Tamra M $142,500 Baird & Warner Ttl Svcs Inc
Dent Felicia R $135,000 Cti
Dent Felicia R $135,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris Tamra M $139,918
Previous Owner Dent Felicia R $128,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $142,500 -10.9% $72 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $160,000 0.0% $81 / Sq Ft
02/15/2020 02/15/20 Rented $1,350 0.0% --
01/27/2020 01/27/20 Under Contract -- -- --
12/23/2019 12/23/19 For Rent $1,350 0.0% --
03/01/2016 03/01/16 Rented $1,350 -1.8% --
01/11/2016 01/11/16 Under Contract -- -- --
12/03/2015 12/03/15 For Rent $1,375 -- --
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 $6,788 $13,760 $2,880 $10,880
2023 $8,066 $13,760 $2,880 $10,880
2022 $8,066 $11,103 $2,520 $8,583
2021 $11,644 $11,102 $2,520 $8,582
2020 $10,584 $11,102 $2,520 $8,582
2019 $8,968 $9,988 $2,340 $7,648
2018 $8,740 $9,988 $2,340 $7,648
2017 $8,492 $9,988 $2,340 $7,648
2016 $7,699 $9,315 $2,160 $7,155
2015 $5,404 $9,315 $2,160 $7,155
2014 $5,268 $9,315 $2,160 $7,155
2013 $5,175 $10,045 $2,160 $7,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11191040

Midwest Real Estate Data (MRED)

APN: 31-23-427-014-0000