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324 Illinois St

Park Forest, IL 60466

3 bd 2 ba 1,212 sqft Built 1960 Lot 7,318 sqft single_family
Most recent sale
$215,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $215,000 MLS #11366923
Apr 6, 2022 Listed $205,000 MLS #11366923

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $11,587 $2,928 $14,515 $7,278
2022 $5,758 $2,562 $8,320 $5,144
2021 $5,758 $2,562 $8,320 $5,232
2020 $5,758 $2,562 $8,320 $4,974
2019 $6,493 $2,379 $8,872 $4,887
2018 $6,493 $2,379 $8,872 $4,757
2017 $6,493 $2,379 $8,872 $3,278
2016 $6,766 $2,196 $8,962 $5,343
2015 $6,766 $2,196 $8,962 $5,119
2014 $6,766 $2,196 $8,962 $3,560
2013 $7,096 $2,196 $9,292 $4,649
2012 $7,096 $2,196 $9,292 $4,447
2011 $8,686 $2,196 $10,882 $5,338
2010 $10,870 $2,196 $13,066 $6,434
2009 $10,870 $2,196 $13,066 $4,672
2008 $10,241 $3,513 $13,754 $4,215
2007 $10,054 $2,928 $12,982 $5,201
2006 $10,054 $2,928 $12,982 $4,987

Property facts

Year built
1960
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,212 sqft
Lot size
7,318 sqft
ZIP code
60466
City
Park Forest
Street
Illinois St
Coordinates
41.50337, -87.68515

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,182
Gross rental yield
12.18%
Implied cap rate
7.92%
Trend-extrapolated value

Frequently asked questions

When did 324 Illinois St last sell?
324 Illinois St most recently sold on May 12, 2022 for $215,000.
What is the current tax assessment for 324 Illinois St?
The most recent total assessment for 324 Illinois St (year 2023) is $14,515 with $7,278 in property tax.
How does 324 Illinois St's assessment compare to its last sale price?
The current assessment is 93.2% below the last sale price of $215,000.
When was 324 Illinois St built?
324 Illinois St was built in 1960.
How does 324 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 324 Illinois St?
324 Illinois St is a 3 bed, 2 bath, 1,212 sqft, 7,318 sqft lot single_family.
Is 324 Illinois St a flip candidate?
No — 324 Illinois St does not appear in our flips dataset.
Is 324 Illinois St a tax-appeal candidate?
No — 324 Illinois St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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