NOT LISTED FOR SALE

431 Elgin Ave Forest Park, IL 60130

5 Beds
3 Baths
-- Sq Ft
1893 Built

Last Sold August 04, 2023

Last sale price $420,000

148 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • Lower Floor Utility Room
  • Property is near park
  • Sitting Room
  • 4 Car Detached Garage

About This Home

As of August 2023

**CASH COW!!!**Motivated Seller **Beautiful 2-flat w/ Finished Basement*Perfect for Owner Occupant, Investor or Single Family Conversion* Forced Central Air*New Roof 2022**Centrally Located Steps from Downtown Forest Park*VACANT Sun Filled First Floor Unit with a Large Open Floor Plan*Oversized Living Room*High Ceilings*Hardwood and Ceramic Floors*Crown Molding*Kitchen has tons of Space!*Sought after Modern White Cabinets *Opens to the Dining Room and Another Family Room* 3 good Size Bedrooms*Tons of Storage**SIDE DRIVE **Huge Deck Overlooking a Beautiful Backyard *4 car Garage + 6 exterior parking spaces that all leased making the cash flow on this property Insane* Interior Parking $65 monthly Exterior Parking $95 monthly *No Tandem Parking Here* Additional Storage above the garage *2nd Floor Unit has 2 bedrooms*Large Combined Living and Dining*Updated Kitchen*Full Size DRY Basement with Full Bath *Each unit has it's own washer/dryer*Beautifully Maintained property steps to Forest Park Downtown Nightlife, Restaurants and Boutiques*Easy Walk to Greenline, Metra or Blueline*

Last Agent to Sell the Property

Laura Maressa

Kale Realty License #475175482 Listed on: 01/07/2023

Kale Realty

Last Buyer's Agent

Alex Cross

Best Chicago Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,817

Year Built

  • Built in 1893 | Remodeled in 2022

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Additional Parking
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sitting Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms
  • Soaking Tub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Lot Details

  • Lot Dimensions are 50x150
  • Paved or Partially Paved Lot
  • Level Lot

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Deck
  • Property is near park

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,817

Year Built

Built in 1893 | Remodeled in 2022

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable, Ceiling Fan(s), Sump Pump
  • Room Type: Sitting Room, Utility Room-Lower Level
  • Basement Description: Finished
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors,Walk-In Closet,Oven/Built-in
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Range Hood,Hardwood Floors,Walk-In Closet,Oven/Built-in

Exterior Features

  • ExteriorFeatures: Deck, Cable Access
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level, Sidewalks, Streetlights
  • OtherStructures: Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Assigned, Off Street, Driveway, Additional Parking
  • ParkingTotal: 6
  • Number of Cars: 10
  • Garage Details: Garage Door Opener(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: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 50X150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9816.92
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
08/04/2023 08/04/23 Sold $420,000 -11.2% --
06/05/2023 06/05/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $472,900 -0.2% --
05/09/2023 05/09/23 Price Changed $473,900 -0.6% --
04/30/2023 04/30/23 Price Changed $476,900 -0.6% --
04/08/2023 04/08/23 Price Changed $480,000 -1.2% --
03/18/2023 03/18/23 Price Changed $485,900 -0.6% --
01/29/2023 01/29/23 Price Changed $488,900 -1.2% --
01/07/2023 01/07/23 For Sale $494,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $12,615 $42,000 $8,000 $34,000
2024 $12,615 $42,000 $8,000 $34,000
2023 $10,606 $42,000 $8,000 $34,000
2022 $10,606 $29,592 $5,200 $24,392
2021 $10,074 $29,591 $5,200 $24,391
2020 $9,817 $29,591 $5,200 $24,391
2019 $11,727 $33,304 $5,200 $28,104
2018 $11,485 $33,304 $5,200 $28,104
2017 $11,233 $33,304 $5,200 $28,104
2016 $9,830 $27,431 $4,800 $22,631
2015 $9,676 $27,431 $4,800 $22,631
2014 $9,494 $27,431 $4,800 $22,631
2013 $9,895 $30,595 $4,800 $25,795
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11697112

Midwest Real Estate Data (MRED)
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