Seller's Agent in 2024
David Gullo
Gullo & Associates
(708) 567-1375
91 Total Sales
1301 Elgin Ave Forest Park, IL 60130
11
Beds
6
Baths
4,625
Sq Ft
5,375
Sq Ft Lot
About This Home
As of January 2024Investor Opportunity! Price reduced on this 6-unit fully rented, brick property in Forest Park! Well maintained property with great curb appeal and newer mechanicals that features coveted FIVE 2BR units and ONE 1BR unit with 5 tandem parking spaces. Newer roof, boiler, water heater and windows. Coin-operated laundry, individual storage lockers in basement. Current tenants are long time renters paying below market rates. Excellent location on a quiet residential street. Close to Blue Line, 290 expressway, parks, schools, hospital and shopping. An excellent investment property opportunity in a stellar location! Being sold "as is".
Last Agent to Sell the Property
Gullo & Associates License #471004288 Listed on: 12/06/2023
Last Buyer's Agent
Paola Cedano
Exit Grace Realty License #475171446
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,418
Year Built
- Built in 1961
Lot Details
- 5,375 Sq Ft Lot
- Lot Dimensions are 40x135
- Corner Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,625 Sq Ft Home
- 2-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Utilities
- Zoned Heating System
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $336
- Fuel Expense $4,734
- Insurance Expense $2,682
- Maintenance Expense $5,320
- Manager Expense $1,170
- Other Expense $1,965
- Trash Expense $861
- Water Sewer Expense $5,261
- Operating Expense $40,440
- Gross Income $78,782
- Net Operating Income $38,342
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2024 01/05/24 | Sold | $795,000 | -3.6% | $172 / Sq Ft |
| 12/26/2023 12/26/23 | Pending | -- | -- | -- |
| 12/06/2023 12/06/23 | For Sale | $825,000 | -- | $178 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,421 | $58,000 | $4,031 | $53,969 |
| 2024 | $17,421 | $58,000 | $4,031 | $53,969 |
| 2023 | $17,285 | $58,000 | $4,031 | $53,969 |
| 2022 | $17,285 | $48,226 | $3,091 | $45,135 |
| 2021 | $16,418 | $48,225 | $3,090 | $45,135 |
| 2020 | $15,999 | $48,225 | $3,090 | $45,135 |
| 2019 | $17,949 | $50,976 | $2,821 | $48,155 |
| 2018 | $17,579 | $50,976 | $2,821 | $48,155 |
| 2017 | $17,193 | $50,976 | $2,821 | $48,155 |
| 2016 | $14,838 | $41,405 | $2,553 | $38,852 |
| 2015 | $14,606 | $41,405 | $2,553 | $38,852 |
| 2014 | $14,330 | $41,405 | $2,553 | $38,852 |
| 2013 | $11,565 | $35,757 | $2,553 | $33,204 |
Source: Public Records
Agents Affiliated with this Home
-
David Gullo
-
P
Buyer's Agent in 2024
Paola Cedano
Exit Grace Realty
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11942887
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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