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1026 Forest Lane

1026 Forest Lane, Lemont, IL 60439
Property in Lemont
1026 Forest Lane has been categorized by the local assessors in Lemont, IL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1026 Forest Lane has 1,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 17,093 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Nov 30, 2021 for $440,000. That's $282.05 per sqft. 1026 Forest Lane was last assessed in 2023. The total value of the property was assessed at $40,001. Specifically, the land the property is located on was valued at $11,111. While improvements on the property were assessed at a total of $28,890. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,318. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,093
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLVIEW ESTATES UNIT3
  • Land Acres: 0.392
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (HILLVIEW) ESTATES (UNIT3) RESUB OF LTS3-4 IN COUNTY CLERKS DIVN OF SEC 29-37-11

Ownership

  • Current Owner : JULIA C KOKLYS TRUST
  • Previous Owner : PHELAN JAMES F
  • Previous Owner 2: THE JAMES F PHELAN REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lemont Township High School District 210
  • Census Tract: 824003

Geography

  • District: 19
  • Parcel: 22-29-414-046-0000
  • Lot: 3,4
  • Meridian: SEC 29 TWN 37N RNG 11E
  • Municipality: LEMONT
  • Latitude: 41.6625
  • Longitude: -87.9923

    Address

  • Full Address: 1026 Forest Ln
  • Legal Unit: 3
  • Address - House Number: 1026
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lemont
  • Carrier Code: C005
  • 4-Digit Zip Code: 4326
  • Zip Code: 60439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,318
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 411,532
  • High Value: 505,502
  • Low Value: 317,563

    Market Valuation

  • Market Total Value: $400,010
  • Market Land Value: $111,110
  • Market Improvement Value: $288,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,001
  • Assessed Land Value: $11,111
  • Assessed Improvements Value: $28,890

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Transaction ID: 11887703232
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2203255078

About Lemont



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Frequently Asked Questions

What neighborhood is 1026 Forest Lane located in?
The 1026 Forest Lane is a located in the neighborhood of Lemont in Lemont, Lemont.
What is the average sales price for listings in 1026 Forest Lane?
The average sales price for units in 1026 Forest Lane is $0 currently.

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