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227 Lee St

Park Forest, IL 60466

4 bd 3 ba 1,218 sqft Built 1964 Lot 9,120 sqft single_family
Most recent sale
$220,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $220,000 Public Record
May 2, 2022 Sold $220,000 MLS #11344030
Mar 14, 2022 Relisted $200,000 MLS #11344030
Mar 13, 2022 Listing removed $200,000 MRED
Mar 10, 2022 Listed $200,000 MLS #11344030
Dec 14, 2021 Sold $95,000 MLS #11265723
Jul 20, 2009 Sold $47,000 NIRA
Jun 11, 2009 Listed $47,000 MLS #242440
Jan 6, 2005 Sold $137,500 Public Record
May 13, 1999 Sold $110,000 Public Record
Dec 1, 1986 Sold $56,000 Public Record
Oct 1, 1986 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $16,500 $3,648 $20,148 $13,093
2022 $8,158 $3,192 $11,350 $11,918
2021 $8,158 $3,192 $11,350 $8,411
2020 $8,158 $3,192 $11,350 $7,862
2019 $7,682 $2,964 $10,646 $6,480
2018 $7,682 $2,964 $10,646 $6,309
2017 $7,682 $2,964 $10,646 $6,182
2016 $6,762 $2,736 $9,498 $5,786
2015 $6,762 $2,736 $9,498 $5,552
2014 $6,762 $2,736 $9,498 $5,411
2013 $8,180 $2,736 $10,916 $5,782
2012 $8,180 $2,736 $10,916 $5,509
2011 $8,180 $2,736 $10,916 $6,575
2010 $9,500 $2,736 $12,236 $5,130
2009 $11,950 $2,736 $14,686 $7,022
2008 $11,081 $4,377 $15,458 $4,719
2007 $10,790 $3,283 $14,073 $4,499
2006 $10,790 $3,283 $14,073 $4,234

Property facts

Year built
1964
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
1,218 sqft
Lot size
9,120 sqft
ZIP code
60466
City
Park Forest
Street
Lee St
Coordinates
41.49944, -87.69207

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,192
Gross rental yield
11.96%
Implied cap rate
7.77%
Trend-extrapolated value

Frequently asked questions

When did 227 Lee St last sell?
227 Lee St most recently sold on May 2, 2022 for $220,000.
What is the current tax assessment for 227 Lee St?
The most recent total assessment for 227 Lee St (year 2023) is $20,148 with $13,093 in property tax.
How does 227 Lee St's assessment compare to its last sale price?
The current assessment is 90.8% below the last sale price of $220,000.
When was 227 Lee St built?
227 Lee St was built in 1964.
How does 227 Lee St compare to others on Lee St?
We track 8 other properties on Lee St. Browse the list under "Other properties on Lee St" to compare beds, baths, and sale history.
What are the property facts for 227 Lee St?
227 Lee St is a 4 bed, 3 bath, 1,218 sqft, 9,120 sqft lot single_family.
Is 227 Lee St a flip candidate?
Yes — 227 Lee St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 227 Lee St a tax-appeal candidate?
No — 227 Lee 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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