NOT LISTED FOR SALE

431 Elgin Ave Forest Park, IL 60130

5 Beds
3 Baths
-- Sq Ft
1893 Built

Sale Details

Date Sold: August 4, 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 License #475170026

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

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
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

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 $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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