509 Elgin Avenue
Forest Park, IL 60130

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $450,000

About this home

** Multiple offers received, highest and best offers due by Sunday at 7 PM ** Welcome to this charming 2-unit building in downtown Forest Park, offering an ideal blend of comfort and convenience. Step into the updated owner's unit flooded with natural light and modern finishes. The recently renovated kitchen features two-tone cabinets, stone counters, stainless steel appliances, and a movable island. Large windows throughout the unit enhance the bright, airy atmosphere, complemented by modern paint colors and an updated bathroom. Located close to restaurants, shops, parking, and public transportation including the el and I-290, this property provides easy access to all downtown Forest Park and Oak Park have to offer. The spacious 50X160 lot provides ample outdoor space, while the central location makes it ideal for AirBnB or rental opportunities. Live in the first floor and rent out the 2nd floor unit, offering 2 beds, 1 bath and additional parking in back to supplement your monthly expenses. Experience the best of Forest Park living in this inviting space, whether making it your home or seizing a lucrative investment opportunity.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1894
Parking Total 5
Exterior Building Type Vinyl Siding
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Features Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Garage,Space/s
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Pool, Tennis Court(s), Sidewalks, Street Lights, Street Paved
Area Major Forest Park
Corporate Limits Forest Park
Directions North on Harlem and west to the property
Elementary Sch Dist 91
Heat/Fuel Natural Gas
High Sch Dist 209
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 91
Township Proviso
Interior Features
Basement Description Unfinished
Basement Bathrooms No
Basement Full ,Walkout
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 9
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dishwasher, Microwave, Disposal, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 05/24
Rooms Total 5
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1800
Appliances And Features Stove, Refrigerator, Microwave, Window Air Conditioner
Full Baths Total 1
Lease Expiration Date 05/24
Rooms Total 4
Tenant Pays Electric
Floor Number 2
Property / Lot Details
Lot Dimensions 50 X 160
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
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 15132140120000
Special Assessments N
Taxes $8,804
Tax Exemptions None
Tax Year 2022
$450,000 Listing Price:
MLS # 12035525
Investment Profile Residential Income
Listing Market Time 30 days
Basement Full ,Walkout
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage,Space/s
List Date 04/29/2024
Year Built 1894
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