$123,500
SOLD AUG 22, 2025

540 Homan Ave Park Forest, IL 60466

3 Beds
2 Baths
2,365 Sq Ft
1992 Built

Recently Sold

$52 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • Landscaped Professionally
  • Property is near park
  • Whirlpool Bathtub
  • Deck
  • Main Floor Bedroom
  • Bonus Room

About This Home

As of August 2025

Great Opportunity to own a modern two-story home in Park Forest! Located near a Metra Station, shopping, schools, and much more. Vaulted Ceilings, Master bedroom loft, large back yard, and heated Florida room. The property is sold in its "as is" condition, taxes are prorated at 100 per cent, and no seller survey. Proof of funds or a Preapproval letter is required.

Last Agent to Sell the Property

Andre Bennett

Royal Crest Realty, Inc. License #471017233 Listed on: 06/23/2025

Last Buyer's Agent

MARK GOODMAN

Home First Realty Inc License #475196869

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2-Story Property
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,365 Sq Ft Home
  • Skylights
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Sun or Florida Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Tideland Water Rights
  • Deck

Location

  • Property is near park

Utilities

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

Community Details

  • West Lincolnwood Subdivision, 2 Story Floorplan

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • Levels: Bi-Level
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: West Lincolnwood
  • Year Built: 1992
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • LivingArea: 2365
  • Room Type: Bonus Room, Sun Room
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Water Rights, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 2365
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 14099
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2026
Sold by
Quixotic Homes Llc
Bought by
Top Gun 1964 Llc
Current Estimated Value
$183,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,500
Outstanding Balance
$240,268
Interest Rate
6.16%
Mortgage Type
FHA
Estimated Equity
-$57,002

Purchase Details

Listed on
Jun 23, 2025
Closed on
Jul 10, 2025
Sold by
Mfra Trust and Wilmington Trust Na
Bought by
Quixotic Homes Llc
Seller's Agent
Andre Bennett
Royal Crest Realty, Inc.
Buyer's Agent
MARK GOODMAN
Home First Realty Inc
List Price
$129,900
Sold Price
$123,500
Premium/Discount to List
-$6,400
-4.93%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.86%
Original Mortgage
$203,150
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 7, 2021
Sold by
Fannie Mae
Bought by
Sow Community Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2021
Sold by
Hill Elanda and Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 19, 2007
Sold by
Johnson Linda
Bought by
Hill Elanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.42%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2006
Sold by
Rogers Joy
Bought by
Johnson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 1999
Sold by
Rogers Joy J
Bought by
Rogers Joy and Joy Rogers Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Landtrust National Title
Special Warranty Deed $123,500 Fidelity National Title
Special Warranty Deed $165,000 Chicago Title
Foreclosure Deed -- None Available
Warranty Deed $240,000 Git
Deed $216,500 First American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,500 FHA
Previous Owner $203,150 Construction
Previous Owner $120,000 Construction
Previous Owner $192,000 Unknown
Previous Owner $43,200 Unknown
Previous Owner $172,800 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $123,500 -11.7% $52 / Sq Ft
06/26/2025 06/26/25 Price Changed $139,900 +7.7% $59 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $129,900 -- $55 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $294 $453 $453 --
2024 $294 $453 $453 --
2023 $476 $453 $453 --
2022 $476 $453 $453 $0
2021 $475 $453 $453 $0
2020 $432 $453 $453 $0
2019 $407 $453 $453 $0
2018 $396 $453 $453 $0
2017 $385 $453 $453 $0
2016 $374 $453 $453 $0
2015 $366 $453 $453 $0
2014 $354 $453 $453 $0
2013 $316 $453 $453 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12397660

Midwest Real Estate Data (MRED)

APN: 31-23-412-073-0000

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