NOT LISTED FOR SALE

329 Park Ave River Forest, IL 60305

7 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 29, 2021

Last sale price $727,000

33 Days on Market

Highlights

  • American Four Square Architecture
  • Screened Porch
  • Ceiling Fan
  • Lincoln Elementary School Rated A
  • 2 Car Detached Garage
  • Paved or Partially Paved Lot

About This Home

As of July 2021

Rarely available 2 flat, set in the middle of the block on a beautiful tree lined street. This updated and spacious property has so many features and upgrades! The 1st floor was duplexed down into the lower level in 2015, so has 2 full floors of living space. Unit 1 is 2,400 sq ft, has ten rooms with 4 bedrooms + 2.5 bathrooms. The kitchen is high end, with a center island and stainless-steel appliances. There are tons of cabinets, and it all overlooks the deep back yard. The lower level has a ginormous family room and playroom with built in cabinets, a laundry room with more cabinets, 2 of the 4 bedrooms and a gorgeous full bathroom. The 2nd floor unit is 1,250 sq ft with 3 bedrooms + one bathroom and was updated in 2002. The kitchen is large and opens to a breakfast room and screened in porch, all looking out onto the backyard. The dining room is generously sized and has a vintage built in. There is central AC, private laundry, many new windows and hardwood floors in both units. The exterior is just as fabulous as the interior! The yard is deep and lush. Off the alley, there are 4 total parking spots: 2 inside the garage and 2 outside. The cherry on top is the location! 329 Park is within walking distance to the Metra and CTA, local schools and parks for camps, sledding, baseball and more. It is also a short distance to the restaurants and shopping along Madison Street in downtown Forest Park. Both units have a solid rental history and have had several long-term tenants. Each time a unit was listed for rent, it was scooped up quickly. 329 is wonderful as an owner-occupied building OR as an investment option! Click the VIRTUAL TOUR link to see the interactive floor plans and many photos! Click the VIDEO link to see a narrated full interior and exterior DRONE TOUR!

Last Agent to Sell the Property

Kara Keller

Baird & Warner License #471000649 Listed on: 05/22/2021

Baird & Warner

Co-Listed By

Jon Keller

@properties Christie's International Real Estate License #471020535

Last Buyer's Agent

Michael Nowicki

Ideal Location Oak Park RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,662

Year Built

  • Built in 1924 | Remodeled in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 45 x 178
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • On-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Home Design

  • American Four Square Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Screened Porch

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,640
  • Water Sewer Expense $1,296
  • Gross Income $58,200
  • Net Operating Income $55,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,662

Year Built

Built in 1924 | Remodeled in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: American 4-Sq.
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Screened Porch
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Side Apron
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • 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: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 1296

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 45 X 178
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Multi Family

  • Net Operating Income: 55264
  • Insurance Expense: 1640
  • GrossIncome: 58200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 13661.91
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/29/2021 07/29/21 Sold $727,000 -2.9% --
06/24/2021 06/24/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $749,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kara Keller

    Seller's Agent in 2021

    Kara Keller

    Baird & Warner

    (708) 705-5272

    28 in this area

    181 Total Sales

    Kara Keller
    Section Image
  • Jon Keller

    Seller Co-Listing Agent in 2021

    Jon Keller

    @ Properties

    (312) 388-3443

    17 in this area

    103 Total Sales

    Jon Keller
    Section Image
  • Michael Nowicki

    Buyer's Agent in 2021

    Michael Nowicki

    Ideal Location Oak Park RE

    (312) 925-0807

    7 in this area

    79 Total Sales

    Michael Nowicki
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11097567

Midwest Real Estate Data (MRED)
Illinois Cook County River Forest 60305

329 Park Ave, River Forest, IL

Not Listed for Sale

MultiFamily

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