407 Illinois St
Park Forest, IL 60466
3 bd 2 ba 1,420 sqft Built 1963 Lot 7,800 sqft single_family
Most recent sale
$180,000
Feb 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 28, 2022 | Sold | $180,000 | MLS #11304624 |
| Jan 14, 2022 | Listed | $169,500 | MLS #11304624 |
| Jul 20, 2017 | Listing removed | $49,900 | MRED |
| Jun 15, 2017 | Price changed | $49,900 | MLS #09610274 |
| Jun 12, 2017 | Price changed | $54,900 | MLS #09610274 |
| Jun 1, 2017 | Price changed | $59,900 | MLS #09610274 |
| May 17, 2017 | Price changed | $84,900 | MLS #09610274 |
| May 12, 2017 | Relisted | $89,900 | MLS #09610274 |
| May 10, 2017 | Listing removed | $89,900 | MRED |
| Apr 29, 2017 | Listed | $89,900 | MLS #09610274 |
| Dec 4, 2003 | Sold | $115,000 | Public Record |
| Oct 13, 1994 | Sold | $132,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $4,950 | $2,730 | $7,680 | $4,472 |
| 2021 | $4,950 | $2,730 | $7,680 | $8,054 |
| 2020 | $4,950 | $2,730 | $7,680 | $7,321 |
| 2019 | $5,535 | $2,535 | $8,070 | $7,246 |
| 2018 | $5,535 | $2,535 | $8,070 | $7,061 |
| 2017 | $5,535 | $2,535 | $8,070 | $6,861 |
| 2016 | $5,132 | $2,340 | $7,472 | $6,176 |
| 2015 | $5,132 | $2,340 | $7,472 | $3,916 |
| 2014 | $5,132 | $2,340 | $7,472 | $3,829 |
| 2013 | $6,163 | $2,340 | $8,503 | $4,099 |
| 2012 | $6,163 | $2,340 | $8,503 | $3,930 |
| 2011 | $6,163 | $2,340 | $8,503 | $3,905 |
| 2010 | $11,804 | $2,340 | $14,144 | $4,998 |
| 2009 | $11,804 | $2,340 | $14,144 | $4,441 |
| 2008 | $11,145 | $3,744 | $14,889 | $4,041 |
| 2007 | $9,247 | $3,432 | $12,679 | $3,852 |
| 2006 | $9,247 | $3,432 | $12,679 | $3,625 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,420 sqft
Lot size
7,800 sqft
ZIP code
60466
City
Park Forest
Street
Illinois St
Coordinates
41.50289, -87.68848
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
$1,080
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 407 Illinois St last sell?
407 Illinois St most recently sold on Feb 28, 2022 for $180,000.
What is the current tax assessment for 407 Illinois St?
The most recent total assessment for 407 Illinois St (year 2022) is $7,680 with $4,472 in property tax.
How does 407 Illinois St's assessment compare to its last sale price?
The current assessment is 95.7% below the last sale price of $180,000.
When was 407 Illinois St built?
407 Illinois St was built in 1963.
How does 407 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 407 Illinois St?
407 Illinois St is a 3 bed, 2 bath, 1,420 sqft, 7,800 sqft lot single_family.
Is 407 Illinois St a flip candidate?
No — 407 Illinois St does not appear in our flips dataset.
Is 407 Illinois St a tax-appeal candidate?
No — 407 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
Explore nearby
Geography
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