221 Illinois St
Park Forest, IL 60466
4 bd 2 ba 1,121 sqft Built 1958 Lot 7,200 sqft single_family
Most recent sale
$191,000
Jul 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2022 | Sold | $191,000 | MLS #11373306 |
| Jun 8, 2022 | Price changed | $189,000 | MLS #11373306 |
| Apr 12, 2022 | Listing removed | $195,000 | MRED |
| Apr 12, 2022 | Listed | $195,000 | MLS #11373306 |
| Feb 25, 2022 | Listed | $195,000 | MLS #11333295 |
| Dec 17, 2021 | Sold | $100,000 | MLS #11221625 |
| Mar 1, 1986 | Sold | $62,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $12,120 | $2,880 | $15,000 | $7,593 |
| 2022 | $5,890 | $2,520 | $8,410 | $8,831 |
| 2021 | $5,890 | $2,520 | $8,410 | $2,533 |
| 2020 | $5,890 | $2,520 | $8,410 | $2,693 |
| 2019 | $6,715 | $2,340 | $9,055 | $2,587 |
| 2018 | $6,715 | $2,340 | $9,055 | $2,512 |
| 2017 | $6,715 | $2,340 | $9,055 | $2,533 |
| 2016 | $6,198 | $2,160 | $8,358 | $6,907 |
| 2015 | $6,198 | $2,160 | $8,358 | $3,118 |
| 2014 | $6,198 | $2,160 | $8,358 | $3,088 |
| 2013 | $7,605 | $2,160 | $9,765 | $3,668 |
| 2012 | $7,605 | $2,160 | $9,765 | $3,590 |
| 2011 | $7,605 | $2,160 | $9,765 | $3,854 |
| 2010 | $10,379 | $2,160 | $12,539 | $4,589 |
| 2009 | $10,379 | $2,160 | $12,539 | $4,040 |
| 2008 | $9,742 | $3,456 | $13,198 | $3,641 |
| 2007 | $9,427 | $3,168 | $12,595 | $3,503 |
| 2006 | $9,427 | $3,168 | $12,595 | $3,265 |
Property facts
Year built
1958
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,121 sqft
Lot size
7,200 sqft
ZIP code
60466
City
Park Forest
Street
Illinois St
Coordinates
41.50193, -87.68103
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,018
Gross rental yield
12.68%
Implied cap rate
8.24%
Trend-extrapolated value
—
Frequently asked questions
When did 221 Illinois St last sell?
221 Illinois St most recently sold on Jul 18, 2022 for $191,000.
What is the current tax assessment for 221 Illinois St?
The most recent total assessment for 221 Illinois St (year 2023) is $15,000 with $7,593 in property tax.
How does 221 Illinois St's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $191,000.
When was 221 Illinois St built?
221 Illinois St was built in 1958.
How does 221 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 221 Illinois St?
221 Illinois St is a 4 bed, 2 bath, 1,121 sqft, 7,200 sqft lot single_family.
Is 221 Illinois St a flip candidate?
Yes — 221 Illinois St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 221 Illinois St a tax-appeal candidate?
No — 221 Illinois St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.6%
2026 Q3
$161.4K
2026 Q4
$161.6K
ZIP 60466 — Median Price History + Forecast
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Geography
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