$179,000 - $202,000
RENTED JUL 11, 2025

316 Marengo Ave Unit 3B Forest Park, IL 60130

2 Beds
1 Bath
1,032 Sq Ft
1974 Built

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Resident Manager or Management On Site
  • Ceramic Tile Flooring
  • Family Room

About This Home

As of July 2025

Newly Remodeled 2-Bedroom, 1-Bath Forest Park Condo for Rent! This gem offers spacious bedrooms, a stylish full bath, and fresh, modern upgrades throughout. The kitchen is a chef's dream with brand new quartz countertops and stainless steel appliances, all complemented by new cabinetry ready for your culinary adventures! Step into a bright and inviting living room with brand new luxury vinyl flooring. Enjoy meals and entertaining in the separate dining area, perfect for gatherings or quiet dinners at home. The bathroom is designed to impress, featuring sleek black fixtures and elegant marble tiling, creating a sophisticated, spa-like retreat. Additional features include on-site laundry for ultimate convenience. Water, Garbage, 1 Exterior Parking Space, and a dedicated Storage Unit are INCLUDED in the Rent! Live just moments from Forest Park's best dining, shopping, and entertainment. Experience the perfect blend of style, comfort, and prime location! 1 Pet ok, Dogs up to 35 lbs, pet fees apply. No Security Deposit - Lighthouse Security Deposit Alternative Required.

Last Agent to Rent the Property

Mary Gilardi

Keyrenter Chicago Metro Property Management License #471021153 Listed on: 06/27/2025

Last Renter's Agent

Kit Welch

Baird & Warner License #475164869

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 1974 | Remodeled in 2025

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,032 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 6/27/25
  • Rent includes water, parking, scavenger, exterior maintenance, lawn care, storage lockers, snow removal
  • 12 Month Lease Term

Community Details

Overview

  • 9 Units
  • Association Phone (708) 435-2900
  • Property managed by Keyrenter Chicago Metro Property Management

Amenities

  • Coin Laundry
  • Community Storage Space

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,954

Year Built

Built in 1974 | Remodeled in 2025

Lot Details

0

Rental Info

  • Available Date: 2025-06-27
  • Lease Term: 12 Months
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 1950
  • Max Pet Weight: 35

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • EntryLevel: 2
  • Property Attached: Yes
  • Property Sub-Type: Condo
  • Year Built: 1974
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking Building,Non-Smoking Unit
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2025

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • LivingArea: 1032
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Vinyl

Exterior Features

  • Construction Materials: Brick
  • List Price: 1950
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Dogs OK, Number Limit, Size Limit
  • Association Amenities: Coin Laundry, Storage
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Storage Lockers, Snow Removal
  • Management: Manager Off-site
  • Management Company: Keyrenter Chicago Metro Property Management
  • Management Phone: 708-435-2900

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: COMMON

Multi Family

  • Units in Building: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2023
Sold by
Richard G Lim Declaration Of Trust
Bought by
Lim Marengo Rental Llc
Current Estimated Value
$189,189

Purchase Details

Closed on
Feb 5, 2020
Sold by
Lim Richard and Lim Cliona
Bought by
Lim Richard and Richard G Lim Declaration Of T

Purchase Details

Closed on
Oct 20, 2005
Sold by
Us Bank Na
Bought by
Lim Richard and Lim Clonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,920
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac
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
Lim Marengo Rental Llc -- None Listed On Document
Lim Richard -- Attorney
Lim Richard $180,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Richard $143,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Rented $1,950 0.0% --
07/07/2025 07/07/25 Under Contract -- -- --
06/27/2025 06/27/25 For Rent $1,950 -- --
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 $4,954 $16,493 $786 $15,707
2023 $2,028 $16,494 $787 $15,707
2022 $2,028 $5,658 $826 $4,832
2021 $1,926 $5,657 $825 $4,832
2020 $1,877 $5,657 $825 $4,832
2019 $2,618 $7,434 $747 $6,687
2018 $2,564 $7,434 $747 $6,687
2017 $2,507 $7,434 $747 $6,687
2016 $2,401 $6,701 $688 $6,013
2015 $2,364 $6,701 $688 $6,013
2014 $2,319 $6,701 $688 $6,013
2013 $3,043 $9,410 $688 $8,722
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12406147

Midwest Real Estate Data (MRED)

APN: 15-12-435-028-1008