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427 Niagara St

Park Forest, IL 60466

4 bd 3 ba 2,044 sqft Built 1954 Lot 6,098 sqft single_family
Most recent sale
$203,000
May 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Sold $203,000 MLS #11315540
Apr 14, 2022 Relisted $199,900 MLS #11315540
Apr 1, 2022 Listing removed $199,900 MRED
Mar 3, 2022 Price changed $199,900 MLS #11315540
Mar 2, 2022 Listed $224,900 MLS #11315540
Dec 16, 2019 Sold $40,000 MLS #10559821
Dec 10, 2008 Sold $154,900 Public Record
Oct 30, 2007 Listing removed $164,900 MRED
Jul 17, 2006 Listed $164,900 MLS #06213004

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,262 $9,521 $51,783 $7,030
2022 $32,049 $7,220 $39,269 $8,089
2021 $29,143 $6,631 $35,774 $7,126
2020 $28,198 $6,416 $34,614 $7,462
2019 $26,741 $6,084 $32,825 $7,427
2018 $26,428 $5,969 $32,397 $6,152
2017 $26,988 $5,865 $32,853 $6,094
2016 $25,766 $5,631 $31,397 $5,723
2015 $24,258 $5,423 $29,681 $5,697
2014 $23,923 $5,348 $29,271 $5,129
2013 $25,050 $5,600 $30,650 $4,982
2012 $29,486 $6,408 $35,894 $5,506
2011 $34,776 $7,561 $42,337 $5,343
2010 $38,868 $8,266 $47,134 $5,377
2009 $41,168 $8,400 $49,568 $4,980
2008 $40,600 $8,400 $49,000 $4,849
2007 $40,600 $8,400 $49,000 $5,032
2006 $33,806 $8,000 $41,806 $4,287

Property facts

Year built
1954
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,044 sqft
Lot size
6,098 sqft
ZIP code
60466
City
Park Forest
Street
Niagara St
Coordinates
41.46887, -87.68814

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,218
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 427 Niagara St last sell?
427 Niagara St most recently sold on May 6, 2022 for $203,000.
What is the current tax assessment for 427 Niagara St?
The most recent total assessment for 427 Niagara St (year 2024) is $51,783 with $7,030 in property tax.
How does 427 Niagara St's assessment compare to its last sale price?
The current assessment is 74.5% below the last sale price of $203,000.
When was 427 Niagara St built?
427 Niagara St was built in 1954.
How does 427 Niagara St compare to others on Niagara St?
We track 8 other properties on Niagara St. Browse the list under "Other properties on Niagara St" to compare beds, baths, and sale history.
What are the property facts for 427 Niagara St?
427 Niagara St is a 4 bed, 3 bath, 2,044 sqft, 6,098 sqft lot single_family.
Is 427 Niagara St a flip candidate?
No — 427 Niagara St does not appear in our flips dataset.
Is 427 Niagara St a tax-appeal candidate?
No — 427 Niagara 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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