NOT LISTED FOR SALE

204 Lathrop Ave Forest Park, IL 60130

Estimated Value: $445,000 - $624,000

5 Beds
2 Baths
1,100 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $403,000 $366 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,597/month

2 Days on Market

About This Home

As of December 2023

Calling all investors!! Incredible opportunity to update a two unit building in Forest Park! On the border of River Forest and Oak Park, but with lower taxes. This two unit has been lovingly maintained with a newer roof (2017), newer AC (2015), water heater (2017). Bathrooms were updated in the last ten years. Both units have hardwood flooring throughout and high ceilings. Beautiful views of the park. The first floor has three bedrooms and one bath, and two bedrooms in the second unit. The kitchens are spacious and the first floor was updated in the last 15 years. Many large walk in closets in both units plus huge pantry in both. There is laundry hook up in the second unit. Laundry and additional storage in the walk out basement. The basement is huge with a half bath already in place (just need to add a new toilet). This could be a great opportunity to add another unit or recreational space. Two car garage plus an extra parking spot next to garage. Both units have central air and heat. Both units vacant and ready to be rented out or converted into a single family home. Being sold "as is". City inspection was completed and repairs were made to comply. Walk to everything--CTA Green Line, Metra, downtown Forest Park and Oak Park and River Forest!

Last Agent to Sell the Property

Anam Hargey

@properties Christie's International Real Estate License #475192201 Listed on: 11/10/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Violeta Jako-Ostojic

@properties Christie's International Real Estate License #475106444

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,354

Year Built

  • Built in 1915

Lot Details

  • 0.33 Acre Lot

Parking

  • 2.5 Car Detached Garage
  • Parking Space is Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,354

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • 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: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 399999
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 4620
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9354
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Dec 28, 2023
Sold by
Ryan James M and Ryan Mary D
Bought by
Castillo Samia Nader and Rodriguez Victor
Seller's Agent
Anam Hargey
@properties Christie's International Real Estate
Buyer's Agent
Violeta Jako-Ostojic
@properties Christie's International Real Estate
List Price
$399,999
Sold Price
$403,000
Premium/Discount to List
$3,001
0.75%
Views
204
Current Estimated Value
$500,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,968
Avg. Annual Appreciation
7.47%
Original Mortgage
$362,700
Outstanding Balance
$358,045
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$95,834

Purchase Details

Closed on
Jun 2, 1995
Sold by
Alexander Patricia and Raymondi Albert J
Bought by
Ryan James M and Ryan Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
8.26%
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
Castillo Samia Nader $403,000 None Listed On Document
Ryan James M $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Samia Nader $362,700
Previous Owner Ryan James M $3,640
Previous Owner Ryan Mary D $40,000
Previous Owner Ryan James M $20,000
Previous Owner Ryan James M $146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $403,000 +0.8% $366 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $399,999 -- $364 / 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 $10,418 $38,000 $4,620 $33,380
2023 $9,815 $38,000 $4,620 $33,380
2022 $9,815 $30,805 $3,003 $27,802
2021 $9,354 $30,805 $3,003 $27,802
2020 $9,190 $30,805 $3,003 $27,802
2019 $9,499 $30,407 $3,003 $27,404
2018 $9,301 $30,407 $3,003 $27,404
2017 $9,765 $32,328 $3,003 $29,325
2016 $6,864 $21,652 $2,772 $18,880
2015 $6,712 $21,652 $2,772 $18,880
2014 $6,605 $21,652 $2,772 $18,880
2013 $6,588 $22,999 $2,772 $20,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11926685

Midwest Real Estate Data (MRED)

APN: 15-12-422-002-0000