NOT LISTED FOR SALE

1041 Beloit Ave Forest Park, IL 60130

3 Beds
2 Baths
-- Sq Ft
1909 Built

Last Sold October 24, 2024

Last sale price $359,000

68 Days on Market

About This Home

As of October 2024

Opportunity awaits! Discover this well-maintained legal 2-flat, ideally positioned on a 50 X 125 lot in the vicinity of Forest Park's vibrant center. Boasting recent enhancements such as a new roof, modernized electrical systems, copper plumbing, a new coin-operated dryer, gas stoves, tuck-pointing, a refreshed bathroom on the main level, and a complete paint job throughout-plus more. It presents an effortless turnkey investment or, alternatively, wait for the expiration of one of the current leases to transform it into your owner-occupied residence. Unit 1 is vacant and ready for new owner or new tenant. Garden may not be shown on Sundays.

Last Agent to Sell the Property

Rena Trapani

Dumas & Associates, Inc. License #475159667 Listed on: 06/18/2024

Last Buyer's Agent

Armando Castro

eXp Realty License #475208063

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 50x125

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,648

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Off Street
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan

Lot Info

  • Lot Dimensions: 50X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9648.45
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2024 10/24/24 Sold $359,000 0.0% --
08/27/2024 08/27/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $359,000 +31.5% --
11/17/2021 11/17/21 Sold $273,000 -2.5% -- View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $279,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,315 $31,001 $4,688 $26,313
2024 $8,315 $31,001 $4,688 $26,313
2023 $10,874 $31,001 $4,688 $26,313
2022 $10,874 $30,341 $3,594 $26,747
2021 $3,991 $30,340 $3,593 $26,747
2020 $3,622 $30,340 $3,593 $26,747
2019 $4,250 $26,283 $3,281 $23,002
2018 $4,170 $27,856 $3,281 $24,575
2017 $4,007 $27,856 $3,281 $24,575
2016 $5,267 $20,084 $2,968 $17,116
2015 $5,446 $20,084 $2,968 $17,116
2014 $6,951 $20,084 $2,968 $17,116
2013 $5,005 $19,983 $2,968 $17,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12088141

Midwest Real Estate Data (MRED)