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549 Allen Ln, University Park, IL, 60484

$110,000

Home List Price

$1,306*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,517 SqFt
$73/SqFt
House

Location

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549 Allen Ln, University Park$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Driveway
Attached Garage2 spaces
Year Built1975
HeatingElectric
CoolingNone
MLS #12256874
StatusActive
(New)

About 549 Allen Ln

Located in a quiet, dead-end street in the heart of University Park, this charming brick house offers excellent potential for either a fix-and-flip or buy-and-hold investment. Sitting on an elevated corner lot, the home boasts an open-concept layout with spacious rooms and a functional floor plan. Inside, the kitchen cabinets are in good condition, and both the bathroom and shower are in working order, though some cosmetic updates are needed throughout. The home will require a new roof to bring it up to full value. With no major structural issues and a solid foundation, this property offers a great opportunity for investors looking to add value. The location is highly desirable, with convenient access to local amenities, schools, and transportation options. The property is surrounded by well-maintained homes, making it an attractive option for long-term rental or a future resale.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 1,517 SqFt

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Derek Morgan

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Off Street, Driveway

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

Other

Directions Information:

  • Directions: From I-57, take the 159th St exit (Route 50) and head west. Turn right on Western Ave, continue north, and then turn left onto 155th St. Turn left on Allen Ln, and the property will be on your right at the corner of Allen Ln and 155th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $73/SqFt

Tax Information:

  • Annual Amount: $3,313
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in University Park, IL.

Med. Sold Price

$184.5K

Med. Price/SqFt

$103

Avg. Days On Market

36

# of Sold Homes

7

549 Allen Ln vs University Park

1 DAY ON ROCKET

-35 Days

$110,000

-$74.5K Less

$73/SqFt

-$30 Less

KEY TAKEAWAY

This property is $74.5K less than the Median Sold Price and $30/SqFt less than other homes in University Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12256874

Listing Office:

  • Office Name: USRealty.com, LLP
  • Office Phone: (866) 807-9087
  • Listing Agent: Derek Morgan

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 2009Home Sold
$27,000
Sep 27, 2006Home Sold
$134,900
Jul 05, 2005Home Sold
$54,000

Tax History

YEARPROP. TAXASSESSMENT
2019$3,313$32,672
2018$4,207$31,428
2017$4,068$30,050

History based on county public records data.

Payment Calculator

$617

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4369660
5
/10
  • Coretta Scott King Magnet School

  • 1009 Blackhawk Dr

  • 0.46 miles

  • Public Magnet Grades KG-5

school-card-donut-4369661
4
/10
  • Blackhawk Primary Center

  • 130 Blackhawk Dr

  • 2.18 miles

  • Public District Grades KG-3

school-card-donut-4369662
3
/10
  • Talala Elementary School

  • 430 Talala St

  • 2.19 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,972. Most University Park, IL residents have annual incomes between $35k-100k. Residents typically live in single, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 549 Allen Ln

What is the listing price of this property?

The listing price of 549 Allen Ln property is $110,000.

What type of property is this?

The property 549 Allen Ln is a house located in University Park, Illinois, 60484.

Is this property for sale now?

Active Listing: 549 Allen Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,313 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 29, 2009 for $27,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 549 Allen Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 549 Allen Ln is 1,517 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 549 Allen Ln is 1975.

Rocket Homes›Illinois›Will County›University Park›60484›549 Allen Ln

This home is located at 549 Allen Ln in University Park, IL and zip code 60484 in the Wood Hills Ridgeview neighborhood. This 1,517 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $110,000.

Over 5 listings were sold over their listed price in November 2024 in University Park, IL. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in University Park, IL decreased by 2.2% between October 2024 and November 2024. Listings spent 36 days on the market in November 2024, and had a median list price of $184,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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