331 Central Ave, Park Forest, IL 60484
OFF MARKET

$164,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,430 sqft

331 Central Ave, Park Forest, IL 60484

Est. Refi. Payment $1,219/mo*
Refinance Your Home
Currently Off Market - Sold Dec 12, 2018 for $60,000

Home Value

Trulia Estimate
$164K
Since last month
Decreased$2K (-1.1%)
Since last year
Increased$16K (+11%)
Since last sale
Increased$104K (+173.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +128% in the last 10 years
MonthEstimated value
2026
August 2026$164K
July 2026$166K
June 2026$166K
May 2026$165K
April 2026$157K
March 2026$159K
February 2026$151K
January 2026$150K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4921 Lakeshore Dr, Richton Park, IL
1.23
Single-Family Home
$240,000
04/13/26
3
2
1,212
22810 East Dr, Richton Park, IL
1.57
Single-Family Home
$167,000
02/03/26
3
2
1,800
22904 Valley Dr, Richton Park, IL
1.42
Single-Family Home
$305,000
07/01/26
4
2
1,489
5301 Imperial Dr, Richton Park, IL
1.57
Single-Family Home
$160,000
03/30/26
3
2
2,276
22610 Imperial Dr, Richton Park, IL
1.63
Single-Family Home
$200,000
11/07/25
3
2
1,150
5256 Crosswind Dr, Richton Park, IL
1.23
Single-Family Home
$325,000
04/23/26
4
3
2,400
4918 Monterey Dr, Richton Park, IL
1.62
Single-Family Home
$136,500
03/19/26
4
2
1,680
4827 Imperial Dr, Richton Park, IL
1.69
Single-Family Home
$179,900
01/16/26
3
1.5
1,410
5210 Arquilla Dr, Richton Park, IL
1.69
Single-Family Home
$199,000
12/19/25
3
2
1,414
22757 Redwood Dr, Richton Park, IL
1.59
Single-Family Home
$214,900
11/05/25
3
2
1,120

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
322 Central Ave, Park Forest, IL 60484
0.00
$172,600
3
1
1,100
Off Market
Lot 1 W Stuenkel Rd, University Park, IL 60484
0.37
$49,992
-
-
-
For Sale
6051 W Stuenkel Rd, Monee, IL 60449
0.69
$2,625,000
-
-
-
For Sale
S Cicero Ave, Monee, IL 60449
0.84
-
-
-
-
Off Market
24257 S Cicero Ave, Monee, IL 60449
0.94
-
-
-
-
Off Market
24306 S Governors Hwy, Monee, IL 60449
1.06
$999,000
-
-
-
For Sale
24018 Governors Hwy, Monee, IL 60449
1.08
-
-
-
-
Off Market
5220 Southwind Dr, Richton Park, IL 60471
1.11
$338,800
3
2
2,034
Off Market
5261 Deana Ln, Richton Park, IL 60471
1.13
$276,300
4
3
1,277
Off Market
22994 Westwind Dr, Richton Park, IL 60471
1.15
$220,000
3
2
1,257
Recently Sold
22999 Westwind Dr, Richton Park, IL 60471
1.16
$192,400
2
1.5
1,173
Off Market
5219 Deana Ln, Richton Park, IL 60471
1.16
$380,500
5
2.5
2,500
Off Market

Local Information

  • Map ViewExplore the area around 331 Central Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1954
Living Area
1,430 sqft
Price/Sqft
$115
Parking
Garage

About this House

This is a Real Estate-Owned (REO)/post-foreclosure home owned by a bank. Offers significantly less than market value are often accepted.
331 Central Ave, Park Forest, IL 60484 is a 3 bedroom, 2 bathroom, 1,430 sqft single-family home built in 1954. It last sold for $60,000 on Dec 12, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $164,000, with a rent estimate of $2,259/month.

Home Details for 331 Central Ave

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: StoneFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 10500 sqft

Price and Tax history

DateEventPrice
Dec 12, 2018
Source: N/A
Sold
$60,000
Jan 24, 2017
Source: N/A
Sold
$20,000
Oct 15, 2010
Source: N/A
Sold
$5,000
Jun 19, 2010
Source: Agent Provided
ListingRemoved
$65,700
May 24, 2010
Source: Agent Provided
PriceChange
$65,700
Price decreased by 10%

Market trends in University Park

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
13
1MoM

Around this home

What Locals Say about University Park

At least 54 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 78 % Say parking is easy

  • 75 % Say there are sidewalks

  • 75 % Say it's dog friendly

  • 66 % Say there's wildlife

  • 64 % Say yards are well-kept

  • 62 % Say it's quiet

  • 62 % Say kids play outside

  • 59 % Say there's holiday spirit

  • 49 % Say neighbors are friendly

  • 38 % Say people would walk alone at night

  • 38 % Say streets are well-lit

  • 29 % Say there are community events

  • 27 % Say they plan to stay for at least 5 years

  • 20 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Tina Armstrong
    "It’s a very quiet and clean neighborhood. I may not know my neighbors names, but they are very friendly when I see them they speak in Mail accidentally come to the house they bring it to my house I like the community I live in"
    0
    Flag
  • Tina Armstrong
    "They have dinners barbecues events on just about every holiday and back to school event events. I think that makes my neighborhood quite special."
    0
    Flag
  • Tina Armstrong
    "I have lived here for almost a year. It’s very quiet. The neighbors are friendly. it’s not too many straight dogs, but it is a few, but not too many. and I love the fact that we have speed bops."
    0
    Flag
  • Brenda Fitzpatrick
    "I imagine it’s OK but I have a car so I’m not on the commute as far as taking the bus but the neighborhood seems fine so everybody is friendly. Everybody says hello so as far as I know everything is fine. I’ve been here a little over six months."
    0
    Flag
  • F46pfk6p47
    "Overall, University Park is a great neighborhood that combines a strong community spirit, quality housing, and convenient access to amenities, making it an ideal place to live, work, and thrive."
    0
    Flag
  • Amaris Burnett
    "Depends where I’m going. 12 min to any expressway (94 or i57) Stores and shopping within a 10-15 minute drive "
    0
    Flag
  • Trulia User
    "Be careful out here and don’t let the kids stay out after a certain time without an adult to much shooting killing "
    0
    Flag
  • Antoinette N.
    "I have been living here a year and it nice and quite area friendly neighborhood pet friendly environment. "
    0
    Flag
  • Halstef1022
    "Wonderful community. Friendly open areas and very safe. Been her 10 years from big city. Love it here."
    0
    Flag
  • Cflores3076
    "There are no events to bring community together. The park nearby is t safe to be at due to gang violence. Aqua still hasn’t fixed the lead issue in the plumbing. "
    0
    Flag
  • Beverlynr
    "I drive And traffic is usually a bit backed up in the early morning and then increase in the evening."
    1
    Flag
  • Beverlynr
    "There are no community events that make this neighborhood special. Nothing that I am aware of.Nothing"
    0
    Flag
  • Mssheila730
    "45 minutes on, Metra ends at University Park . Quite community , railway security .Ample parking,well lite "
    0
    Flag
  • Dianaenjolianderson
    "There is access to public transportation. Bus stops on every block as well as the Metra just 5 mins away. "
    0
    Flag
  • Diane D.
    "I lived in this area for 5+ years and it’s has its pros but mostly cons. The neighborhood has closed a lot of its stores leaving residents to travel at least 15+ minutes to get to a decent grocery store. The community pool shut down 2 years ago. The park needs work. Money is being taken out instead of invested in the community but no one is saying anything. "
    14
    Flag
  • Teekee123
    "University Park is a family oriented area. In desperate need of a local grocery store. Pretty safe. Isolated incidents like any other neighborhood. "
    0
    Flag
  • Ariana H. J.
    "It’s a safe area to live in. Schools are nice. Quite and clean environments. A lot of wild life such as deer, raccoons, etc."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 331 Central Ave

  • What is 331 Central Ave estimated to be worth?
    Trulia's estimated value for 331 Central Ave in Park Forest, IL is $164,000.
  • What is the price history for 331 Central Ave?
    331 Central Ave in Park Forest, IL last sold for $60,000 in December 2018.
  • Is Park Forest a buyer's or seller's market?
    Park Forest is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Park Forest?
    Residents describe Park Forest, IL as easy to park in, pedestrian-friendly, and dog-friendly. See recently sold homes in Park Forest, IL.
  • Does 331 Central Ave have air conditioning?
    Yes, 331 Central Ave in Park Forest, IL has air conditioning.
  • How big is the lot at 331 Central Ave?
    The lot at 331 Central Ave in Park Forest, IL is about 0.24 acres (10,500 sq ft).

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Off Market Homes Near 331 Central Ave

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