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354 Westgate Drive Park Forest, IL 60466 Residential - Single Family New

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  • 354 Westgate Drive , Park Forest, IL 60466 Main Photo

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Description

A quintessential Mid-Century Modern ranch with incredible bones is awaiting its next chapter. Featuring the iconic low-slung, flat-sloped rooflines that define the era, this 3-bedroom, 1.5-bath home offers a prime canvas for a custom restoration. The layout is perfectly designed for modern living, offering both a spacious living room and a secondary recreation/family room-ideal for a home office, media center, or gaming room. Complete with a 1-car attached garage and a solid structure, this property represents significant potential for an investor or an owner-occupant looking to build immediate equity. Value-add opportunity: The property currently has no tax exemptions in place; a new owner-occupant applying for standard exemptions could see a significant reduction in the annual tax bill. Beyond the home, enjoy everything the award-winning Park Forest Community has to offer. You're just a short distance from the premier Aqua Center, the serene walking trails of the Wetlands Discovery Center, and an incredible array of local parks. This location also provides unparalleled access to education and recreation, sitting just a short drive from Prairie State Community College and Governors State University. Commuting is a breeze with two nearby Metra stations offering a direct 50-minute ride into downtown Chicago, plus easy access to I-57 and I-80. Don't miss this chance to restore a piece of architectural history in a community that truly values nature and culture! PLEASE NOTE: Property is being sold AS-IS and is not suitable for traditional financing (CASH OR REHAB LOANS ONLY).

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,470
Garage Size: 1
Attached Garage
Built in 1955
School District: District 227

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,470
County: Cook
Listed By:
McColly Real Estate 708-946-7767
MRED MLS

Room Information

Bedroom 2: 12X9
Bedroom 3: 11X10
Dining Room: 12X9
Family Room: 17X15
Kitchen: 12X10
Living Room: 20X12
Primary Bedroom: 12X10
$80,000
Est. $600/mo
3beds
2baths
1,470sqft
1cars
New to the Market New
BEDS3 BATHS1 full 1 partial SQUARE FEET1,470 MLS#12572083
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 227

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354 Westgate Drive , Park Forest, IL 60466.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $80,000$80,000$80,000
Down Payment $16,000$2,800$20,000
Monthly Mortgage Amount $389$471$494
Taxes $111$111$111
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$35$0
Monthly Estimated Total $600$717$705

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