NOT LISTED FOR SALE

1133 Beloit Ave Forest Park, IL 60130

8 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $540,000

73 Days on Market

About This Home

As of June 2024

START BUILDING EQUITY ON THIS GREAT INVESTMENT PROPERTY IN THIS 3 FLAT ON A DOUBLE LOT. 2 THREE BEDROOM UNITS AND 1 TWO BEDROOM UNIT. BRAND NEW 3RD FLOOR KITCHEN WITH ESPRESSO CABINETS, SS APPLIANCES, GRANITE AND HARDWOOD FLOORS! 2ND FLOOR IS BEING UPDATED CURRENTLY AS WELL AS FRESH PAINT IN STAIRCASE/HALLWAY ENTRANCE. THESE UPDATES WILL BRING IN THE CURRENT MARKET VALUE RENT OF $2200.00 A MONTH FOR EACH 3 BEDROOM, AND APPROX $1500.00 FOR THE 2 BEDROOM. 1ST AND 2ND FLOOR UNIT HAS LAUNDRY HOOK UP AND THIS FEATURE CAN BE ADDED TO 3RD FLOOR AS WELL. ADDITIONAL RENT CAN BE GENERATED FROM THE BRICK OVERSIZED 4 CAR GARAGE (OVERHEAD DOORS IN BACK) GARAGE RENTAL PRICES IN THE AREA PER GARAGE AND EXTERIOR SPACE IS $75-$100 PER SPACE. CLOSE TO BLUE LINE AND EXPRESSWAY. APPROX 10 MINUTES TO THE LOOP. THIS UNIT HAS ALWAYS BEEN FULLY RENTED THROUGHOUT THE YEARS, WITH 2 OF THE UNITS CURRENTLY VACANT FOR RENOVATING. 1ST FLOOR UNIT IS MONTH TO MONTH. 2ND AND 3RD LEVEL UNITS HAVE 3 BEDROOMS, LARGE KITCHENS, DINING AND LIVING ROOM AND ONE BATH. 1ST LEVEL UNIT HAS 2 BEDROOMS /1 BATH, KITCHEN AND LIVING ROOM. LARGE YARD AREA. THE LOCATION CAN'T BE BEAT WITH ITS PROXIMITY TO DOWNTOWN FOREST PARK WITH SHOPPING AND RESTAURANTS. TRANSPORTATION, SCHOOLS, PARKS, FOREST PARK RECREATION PARK AND POOL , GROCERY STORES, WALMART, ARE WITHIN FEW BLOCKS OF THE PROPERTY. ALSO CLOSE TO OAK PARK HOSPITAL.

Last Agent to Sell the Property

Mary Tremonte

Baird & Warner License #475114154 Listed on: 01/14/2024

Baird & Warner

Last Buyer's Agent

Grigory Pekarsky

Vesta Preferred LLC License #471002400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,094

Year Built

  • Built in 1903

Lot Details

  • 6,098

Parking

  • 4 Car Detached Garage
  • 3 Open Parking Spaces
  • Additional Parking
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,098 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,094

Year Built

Built in 1903

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Train
  • 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: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • OpenParkingSpaces: 3
  • Parking Features: Additional Parking
  • ParkingTotal: 7
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 6250
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 13094.26
  • Tax Year: 2021

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $540,000 -3.6% --
03/28/2024 03/28/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $560,000 +6.7% --
01/14/2024 01/14/24 For Sale $525,000 -- --
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 $13,516 $45,001 $4,688 $40,313
2024 $13,516 $45,001 $4,688 $40,313
2023 $13,785 $45,001 $4,688 $40,313
2022 $13,785 $38,463 $3,594 $34,869
2021 $13,094 $38,462 $3,593 $34,869
2020 $12,760 $38,462 $3,593 $34,869
2019 $11,882 $33,745 $3,281 $30,464
2018 $11,637 $33,745 $3,281 $30,464
2017 $13,050 $38,692 $3,281 $35,411
2016 $10,223 $28,526 $2,968 $25,558
2015 $10,063 $28,526 $2,968 $25,558
2014 $9,872 $28,526 $2,968 $25,558
2013 $7,894 $24,409 $2,968 $21,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11961346

Midwest Real Estate Data (MRED)