NOT LISTED FOR SALE

1126 Thomas Ave Forest Park, IL 60130

Estimated Value: $353,000 - $416,000

3 Beds
2 Baths
1,416 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $275,000 $194 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,786/month

18 Days on Market

Highlights

  • Recreation Room
  • Fenced Yard
  • Patio
  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • Bungalow

About This Home

As of December 2020

Perfect Opportunity to Own a Home and Receive Rental Income from the Rear Unit. Amazing Kitchen in Front Unit is a Chef's Dream. It Boasts Black Custom Cabinets, Granite Counters & Back-Splash, Garden Window, Stainless Steel Appliances, Recessed Lights, Marble Floors and Stackable Front Load Washer/Dryer in Built-In Pantry. Living Room and Dining Room Area Plus Bedroom and Full Bath. Access to Basement Mostly Finished Basement Area within the Unit. Ideal for duplexing to first level or conversion to an in-law situation. Unit 2R Boasts Wood Laminate Floors, Oak Cabinet Kitchen with Appliances, 1 Bedroom and Full Bath. There is also an Unfinished Basement Under unit 2R. Laundry in basement. A lot of storage. All Utilities are Separate and Central Heat/Air. 2 Car Garage with Overhead Door on Patio Side Too. Roof and Chimney New in 2016. Both units are currently rented and well maintained. Front unit is $1450(could be higher), Rear unit is $1000. Price to sell. Please Note Home is Being Sold AS-IS.

Last Agent to Sell the Property

Tian Xin

Weichert,Realtors-FirstChicago License #475185197 Listed on: 10/14/2020

Weichert,Realtors-FirstChicago

Last Buyer's Agent

Matthew Ridley

Baird & Warner License #475190367

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1909

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x124
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Bungalow
  • Converted Dwelling
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Recreation Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Bathrooms

Finished Basement

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

Outdoor Features

  • Patio

Schools

  • Betsy Ross Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

  • 2 Units
  • Gross Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • 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
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Room Type: Recreation Room, Utility Room-Lower Level
  • Basement Description: Finished,Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 289500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: Y

Schools

  • Elementary School: Betsy Ross Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91
  • Elementary School #2: FIELD STEVENSON ELEMENTARY SCHOOL

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 30X124
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 29400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 6450
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 22, 2020
Sold by
Xin Tian
Bought by
Briones Timothy Aaron and Briones Kathrina
Seller's Agent
Tian Xin
Weichert,Realtors-FirstChicago
Buyer's Agent
Matthew Ridley
Baird & Warner
List Price
$289,500
Sold Price
$275,000
Premium/Discount to List
-$14,500
-5.01%
Current Estimated Value
$378,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,998
Avg. Annual Appreciation
6.82%
Original Mortgage
$265,821
Outstanding Balance
$238,622
Interest Rate
2.37%
Mortgage Type
FHA
Estimated Equity
$134,329

Purchase Details

Listed on
Oct 19, 2016
Closed on
Nov 9, 2016
Sold by
Declaration Keller Carl
Bought by
Xin Tian
Seller's Agent
Steve Malik
RE/MAX Professionals Select
Buyer's Agent
Jeanne Fagan
Coldwell Banker Realty
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
May 30, 2008
Sold by
Flando Jean M and Flando Jean Marie
Bought by
Flando Jean Marie and The Jean Marie Flando Declaration Of Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 12, 2001
Sold by
Flando Jean Marie
Bought by
Declaration Flando Jean Marie and Jean Marie Flando Declaration Of Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Briones Timothy Aaron $275,000 Chicago Title
Xin Tian $180,000 Chicago Title
Flando Jean Marie -- Oconnor Title Services
Declaration Flando Jean Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briones Timothy Aaron $24,877
Open Briones Timothy Aaron $265,821
Previous Owner Flando Jean Marie $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $275,000 -5.0% $194 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $289,500 +60.8% $204 / Sq Ft
11/10/2016 11/10/16 Sold $180,000 +0.1% $127 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $179,900 -- $127 / Sq Ft
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
2024 $8,315 $31,000 $2,790 $28,210
2023 $7,253 $31,000 $2,790 $28,210
2022 $7,253 $23,656 $2,139 $21,517
2021 $8,054 $23,656 $2,139 $21,517
2020 $7,848 $23,656 $2,139 $21,517
2019 $6,338 $18,000 $1,953 $16,047
2018 $6,207 $18,000 $1,953 $16,047
2017 $7,324 $21,716 $1,953 $19,763
2016 $7,465 $20,830 $1,767 $19,063
2015 $5,000 $20,830 $1,767 $19,063
2014 $4,796 $20,830 $1,767 $19,063
2013 $4,595 $19,467 $1,767 $17,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10905140

Midwest Real Estate Data (MRED)

APN: 15-13-427-048-0000