316 New Salem St
Park Forest, IL 60466
3 bd 2 ba 1,218 sqft Built 1961 Lot 7,122 sqft single_family
Most recent sale
$113,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Relisted | $179,900 | MLS #11619355 |
| Sep 29, 2022 | Price changed | $179,900 | MLS #11619355 |
| Sep 15, 2022 | Price changed | $184,900 | MLS #11619355 |
| Sep 1, 2022 | Listed | $189,900 | MLS #11619355 |
| Aug 8, 2022 | Sold | $113,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $12,151 | $2,848 | $14,999 | $9,747 |
| 2022 | $5,103 | $2,492 | $7,595 | $1,510 |
| 2021 | $5,103 | $2,492 | $7,595 | $1,678 |
| 2020 | $5,103 | $2,492 | $7,595 | $1,917 |
| 2019 | $6,439 | $2,314 | $8,753 | $2,317 |
| 2018 | $6,439 | $2,314 | $8,753 | $7,659 |
| 2017 | $6,439 | $2,314 | $8,753 | $2,277 |
| 2016 | $5,152 | $2,136 | $7,288 | $2,486 |
| 2015 | $6,297 | $2,136 | $8,433 | $3,179 |
| 2014 | $7,495 | $2,136 | $9,631 | $4,082 |
| 2013 | $8,044 | $2,136 | $10,180 | $3,958 |
| 2012 | $8,044 | $2,136 | $10,180 | $3,862 |
| 2011 | $8,044 | $2,136 | $10,180 | $4,104 |
| 2010 | $10,517 | $2,136 | $12,653 | $4,738 |
| 2009 | $10,517 | $2,136 | $12,653 | $4,182 |
| 2008 | $10,289 | $3,418 | $13,707 | $3,769 |
| 2007 | $9,829 | $3,133 | $12,962 | $3,626 |
| 2006 | $9,829 | $3,133 | $12,962 | $3,380 |
Property facts
Year built
1961
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,218 sqft
Lot size
7,122 sqft
ZIP code
60466
City
Park Forest
Street
New Salem St
Coordinates
41.50216, -87.68561
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$678
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 316 New Salem St last sell?
316 New Salem St most recently sold on Aug 8, 2022 for $113,000.
What is the current tax assessment for 316 New Salem St?
The most recent total assessment for 316 New Salem St (year 2023) is $14,999 with $9,747 in property tax.
How does 316 New Salem St's assessment compare to its last sale price?
The current assessment is 86.7% below the last sale price of $113,000.
When was 316 New Salem St built?
316 New Salem St was built in 1961.
How does 316 New Salem St compare to others on New Salem St?
We track 6 other properties on New Salem St. Browse the list under "Other properties on New Salem St" to compare beds, baths, and sale history.
What are the property facts for 316 New Salem St?
316 New Salem St is a 3 bed, 2 bath, 1,218 sqft, 7,122 sqft lot single_family.
Is 316 New Salem St a flip candidate?
No — 316 New Salem St does not appear in our flips dataset.
Is 316 New Salem St a tax-appeal candidate?
No — 316 New Salem 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
Other properties on New Salem St