524 Illinois St
Park Forest, IL 60466
3 bd 2 ba 1,196 sqft Built 1965 Lot 10,542 sqft single_family
Most recent sale
$220,000
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2022 | Sold | $220,000 | MLS #11352772 |
| Mar 29, 2022 | Listing removed | $179,900 | MRED |
| Mar 21, 2022 | Listed | $229,900 | MLS #11352772 |
| Mar 21, 2022 | Listing removed | $175,000 | MRED |
| Mar 8, 2022 | Listing removed | $175,000 | MRED |
| Mar 4, 2022 | Relisted | $175,000 | MLS #11280646 |
| Dec 27, 2021 | Listing removed | $175,000 | MRED |
| Dec 3, 2021 | Listed | $175,000 | MLS #11280646 |
| May 23, 2006 | Sold | $168,000 | Public Record |
| May 4, 1995 | Sold | $108,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $11,778 | $4,222 | $16,000 | $10,397 |
| 2022 | $7,855 | $3,694 | $11,549 | $459 |
| 2021 | $7,855 | $3,694 | $11,549 | $8,619 |
| 2020 | $7,855 | $3,694 | $11,549 | $8,052 |
| 2019 | $6,753 | $3,430 | $10,183 | $6,064 |
| 2018 | $6,753 | $3,430 | $10,183 | $5,904 |
| 2017 | $6,753 | $3,430 | $10,183 | $5,788 |
| 2016 | $5,490 | $3,166 | $8,656 | $5,090 |
| 2015 | $5,490 | $3,166 | $8,656 | $4,872 |
| 2014 | $6,646 | $3,166 | $9,812 | $5,656 |
| 2013 | $5,920 | $3,166 | $9,086 | $4,505 |
| 2012 | $5,920 | $3,166 | $9,086 | $4,312 |
| 2011 | $5,920 | $3,166 | $9,086 | $4,256 |
| 2010 | $12,105 | $3,166 | $15,271 | $6,624 |
| 2009 | $12,105 | $3,166 | $15,271 | $6,292 |
| 2008 | $11,009 | $5,066 | $16,075 | $5,725 |
| 2007 | $10,416 | $3,799 | $14,215 | $4,991 |
| 2006 | $10,416 | $3,799 | $14,215 | $5,461 |
Property facts
Year built
1965
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,196 sqft
Lot size
10,542 sqft
ZIP code
60466
City
Park Forest
Street
Illinois St
Coordinates
41.50328, -87.69800
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,153
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value
—
Frequently asked questions
When did 524 Illinois St last sell?
524 Illinois St most recently sold on May 19, 2022 for $220,000.
What is the current tax assessment for 524 Illinois St?
The most recent total assessment for 524 Illinois St (year 2023) is $16,000 with $10,397 in property tax.
How does 524 Illinois St's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $220,000.
When was 524 Illinois St built?
524 Illinois St was built in 1965.
How does 524 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 524 Illinois St?
524 Illinois St is a 3 bed, 2 bath, 1,196 sqft, 10,542 sqft lot single_family.
Is 524 Illinois St a flip candidate?
No — 524 Illinois St does not appear in our flips dataset.
Is 524 Illinois St a tax-appeal candidate?
No — 524 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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