Date
Details
Price
Change
Source
1/06/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$125,000 Sale Pending
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1/16
Property Description
Attention investors, rehabbers, and buyers with imagination! This solid split-level home is full of good bones and endless potential, just waiting for your vision to bring it back to life. Located on a quiet street in Park Forest, this 3-bedroom, 1.5-bath home offers a functional layout, attached garage, and a partially finished basement with a recreation room and fireplace. The home features a spacious living area, ample natural light, and a generous backyard-perfect for future outdoor enjoyment. Both bathrooms are in need of complete renovation, making this an ideal opportunity for those looking to customize, update, or add value through rehab. With the right updates, this property could truly shine. Whether you're looking for your next investment project or a homeowner ready to create your dream space, this is a chance to turn potential into reality. Conveniently located near the Metra station. Sold as-is. Bring your contractor and your imagination!
Full Property Details
Full Property Details for 547 Homan Ave
General
- Price: $125,000
- Taxes: $6,000 (2024)
- Status: Pending
- Type: Single Family
- Source: MRED
- MLS ID: 12541335
- Updated: 1/10/2026
- Added to Site: 10 day(s) ago
Interior
- Basement: Finished, F
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Dishwasher, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, Garage Door Opener, Yes, Detached, Garage
Location
- Area: Park Forest
- County: Cook
- Township: Rich
- Driving Directions: Lincoln Highway (East of 57) to Orchard Drive. Orchard Drive South 1 Block to Seward Street. Seward Street West 1 Block to Property.
School Information
- School District: 163
- Elem School District: 163
- Midd School District: 163
- High School District: 163
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Square Feet: 1,087
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 60 x 125
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $6,000
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 31234300270000
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Schools
Schools serving 547 Homan Ave
| Name | Grades | Distance |
|---|---|---|
Indiana Elementary School 165 Indiana Street, Park Forest, IL 60466 | 4-6 | 0.3 mi |
Illinois School 210 Illinois Street, Park Forest, IL 60466 | K-8 | 0.9 mi |
Arcadia Elementary School, Olympia Fields, IL 20519 Arcadian Drive, Olympia Fields, IL 60461 | K-4 | 0.9 mi |
O W Huth Middle School 3718 213th Place, Matteson, IL 60443 | 7-8 | 0.4 mi |
Rich Township High School 3600 203rd Street, Olympia Fields, IL 60461 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 547 Homan Ave
Tax History
Tax History for 547 Homan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,055
-17%
$13,746
15%
2022
$6,055
42%
$11,923
—
2021
$4,262
18%
$11,923
—
2020
$3,609
14%
$11,923
15%
2019
$3,158
3%
$10,376
—
2018
$3,067
-16%
$10,376
—
2017
$3,656
-9%
$10,376
13%
2016
$4,025
7%
$9,151
—
2015
$3,758
1%
$9,151
—
2014
$3,707
—
$9,151
-7%
2013
$3,720
2%
$9,839
—
2012
$3,639
—
$9,839
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 547 Homan Ave
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547 Homan Avenue, Park Forest, IL 60466 (MLS# 12541335) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 547 Homan Avenue is currently listed for $125,000 and was received on January 06, 2026. Want to learn more about 547 Homan Avenue? Do you have questions about finding other Single Family real estate for sale in Park Forest? You can browse all Park Forest real estate or contact a Coldwell Banker agent to request more information.