$2,494 Closing Credit¹
#12311310, Michael Scanlon, Listing Office: eXp Realty, LLC
$198,999 List price
481 Talala St Park Forest, IL 60466
$2,363
Closing credit¹
3 beds
1 full
1,100 sqft
$181 / sqft
House
Property details
About 481 Talala St
This is a great property for investment or as a new homeowner. As a 1st time homebuyer, you may qualify for Illinois first time hombuyer program grant towards closing cost credit. This makes it easier to qualify for the purchase of this beauty. Though this may be your beginning, it is spacious enough for you to be so comfortable that you can stay fo forever. Beautiful yard with the addition of the covered carport, you create and additional patio area, yet the 2.5 car garage for your cars. Don't miss this opportunity, it won't last long.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Forced Air
StatusActive
(New)
(New)
CoolingCentral Air
Size1,100 sqft
Year built1954
ParkingOn Site, Detached, Garage
MLS #12352379
Garage2 spaces
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: On Site, Detached, Garage
- Heating: Natural Gas, Forced Air
- Cooling: Central Air
- List Price: $198,999
- Price/SqFt: $180
- Annual Tax Amount: $4,543
- Tax Year: 2021
- Directions: SAUK TRAIL TO INDIANAWOOD, TO SHABBONA EAST TO TALALA
- Year Built: 1954
- Living Area: 1,100 SqFt
- MLS Number: 12352379
- MLS Name: MRED
- Office Name: American Patriot Realty, Inc.
- Office Phone: (312) 523-4366
- Listing Agent: Lisa Givhan
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Get an agent. Get a mortgage. Save big.¹
$198,999
481 Talala St
$2,363
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 27, 2018 | Home Sold | $110,210 |
| Jan 21, 2016 | Home Sold | $72,000 |
| Mar 08, 2007 | Home Sold | $114,900 |
| Nov 18, 2003 | Home Sold | $91,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $35,305 | $- |
| 2022 | $31,056 | $- |
| 2021 | $28,307 | $4,543 |
| 2020 | $27,389 | $4,543 |
| 2019 | $25,974 | $4,519 |
| 2018 | $25,612 | $4,570 |
| 2017 | $25,899 | $4,515 |
History based on county public records data.
Nearby schools
3
Talala Elementary School
Public District KG-5
0.3 mi
•430 Talala St
4
Blackhawk Primary Center
Public District KG-3
0.8 mi
•130 Blackhawk Dr
3
Mohawk Primary Center
Public District KG-3
1.0 mi
•301 Mohawk St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,176. The majority of Park Forest, IL residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
44%
<35k
38%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Soccer
College Basketball
Where do the neighbors shop?
Family Dollar
Burlington
Dillards
Where do the neighbors go to eat?
Church's Chicken
Wingstop
Logan's Roadhouse
What do the neighbors drive?
Cadillac
Nissan
Hyundai
What do the neighbors listen to?
Jazz
Christian Adult Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 481 Talala St
The listing price of 481 Talala St property is $198,999.
The property 481 Talala St is a house located in Park Forest, Illinois, 60466.
Active Listing: 481 Talala St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 481 Talala St are: Talala Elementary School (GreatSchools Rating 3/10), Blackhawk Primary Center (GreatSchools Rating 4/10), Mohawk Primary Center (GreatSchools Rating 3/10), Michelle Obama School of Technology and the Arts (GreatSchools Rating 3/10), Sauk Elementary School (GreatSchools Rating 5/10), Indiana Elementary School (GreatSchools Rating 6/10), Southland College Preparatory Charter High School (GreatSchools Rating 7/10), Crete-Monee High School (GreatSchools Rating 4/10), Rich Township High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2021 is $4,543 (source: MLS/based on county public records data).
The last sale was on July 27, 2018 for $110,210 (source: MLS/tax record).
The property at 481 Talala St has 3 bedrooms and 1 bathroom.
The property 481 Talala St is 1,100 SqFt (source: MLS/tax record).
The year of construction for 481 Talala St is 1954.
This home is located at 481 Talala St in Park Forest, IL and zip code 60466 in the Village of Park Forest neighborhood. This 1,100 square foot home was built in 1954. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $198,999.
In April 2025 more than 7 listings in Park Forest, IL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Park Forest, IL increased by 15.3% between March and April 2025. The median list price of listings available in April 2025 was $150,000, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.