424 Beloit Avenue
Forest Park, IL 60130

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $399,000

About this home

An excellent opportunity to own and collect income for your mortgage or use it as an investment. Either way this is an easy to rent 2 flat in the middle of Forest Park. First floor is leased till 9/30/2024 at $1500 a month rent that includes 1 garage parking space. The second floor is leased till 4/30/2025 at $1450 a month. Both units have hardwood floors. Second floor has an additional room that can be used as an office or small bedroom . There is a newer boiler and a washer and dryer plus plenty of storage in the basement. The second garage space is rented out for an additional $75 a month. The building is aluminum sided for low maintenance.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1888
Parking Total 2
Exterior Building Type Aluminum Siding
Parking On-Site Yes
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major Forest Park
Corporate Limits Forest Park
Directions Madison to Beloit south 1/2 block to property
Elementary Sch Dist 91
Heat/Fuel Steam
High Sch Dist 209
Sewer Public Sewer
Water Public
Jr High/Middle Dist 91
Township Proviso
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Garage/Space, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 9/24
Rooms Total 5
Security Deposit 1350
Tenant Pays Electric,Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1450
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 4/25
Rooms Total 6
Security Deposit 1450
Tenant Pays Electric,Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 35 X 128
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Gross Rental Income $36,300
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 15132020110000
Special Assessments N
Taxes $9,454
Tax Year 2023
$399,000 Listing Price:
MLS # 12138664
Investment Profile Residential Income
Listing Market Time 58 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 08/19/2024
Year Built 1888
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