NOT LISTED FOR SALE

443 Marengo Ave Forest Park, IL 60130

7 Beds
3 Baths
-- Sq Ft
1908 Built

Last Sold May 19, 2023

Last sale price $499,000

50 Days on Market

Highlights

  • Greystone Architecture
  • 3 Car Detached Garage
  • Ceiling Fan
  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • 5-minute walk to Veterans Park

About This Home

As of May 2023

This beautiful Greystone has been lovingly cared for and maintained by the same family for over 45 years. The building is ideal for a live-in owner or as an investment. This 2 flat features 2 units and a basement unit with 2 bedrooms, a bath and a kitchen. The basement unit is not a legal unit. The property also features a 3 car garage and another additional outside parking space. Unit 1 has vintage charm with an elegant entryway, Living room, dining room 2 bedrooms and a nice size kitchen with an enclosed porch off the back. Unit 2 has a more contemporary feel with some vintage charm. Unit 2 is a 3 bedroom with an updated kitchen that features new appliances, new cabinets, and an enclosed porch is off the kitchen. Bathroom has a new vanity, new tile, new toilet and new medicine cabinet. Both units have their own private entry way. Laundry is in the basement and there is a space outside, on the side of the building, for your grill and a table for entertaining or just hanging out. Close to the Blue Line, all that Madison Street has to offer and the Eisenhower expressway.

Last Agent to Sell the Property

Renate Martin

Baird & Warner License #475141997 Listed on: 02/21/2023

Baird & Warner

Last Buyer's Agent

Alan Nichols

HomeSmart Realty Group License #475159404

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,572

Year Built

  • Built in 1908

Lot Details

  • Lot Dimensions are 45 x 140
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Greystone Architecture
  • Stone Siding

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sub-Basement
  • Bedroom in Basement

Additional Features

  • Enclosed Patio or Porch
  • Radiator

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,000
  • Fuel Expense $5,400
  • Insurance Expense $1,400
  • Maintenance Expense $2,600
  • Trash Expense $825
  • Water Sewer Expense $825
  • Gross Income $2,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,572

Year Built

Built in 1908

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1908
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch, Utility Room-Lower Level
  • Basement Description: Finished,Sub-Basement,Sleeping Area
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Lot Features: Sidewalks, Streetlights
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Off Alley
  • ParkingTotal: 1
  • Number of Cars: 4
  • 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: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Trash Expense: 825
  • Water Sewer Expenses: 825

Lot Info

  • Lot Dimensions: 45 X 140
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 24000
  • Fuel Expense: 5400
  • Insurance Expense: 1400
  • ElectricExpense: 2000
  • GrossIncome: 2000
  • Maintenance Expense: 2600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 8571.75
  • Tax Year: 2021
  • Tax Exemptions: None
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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
05/19/2023 05/19/23 Sold $499,000 -0.2% --
04/13/2023 04/13/23 Pending -- -- --
03/22/2023 03/22/23 Price Changed $500,000 -2.9% --
03/06/2023 03/06/23 Price Changed $515,000 -1.9% --
02/21/2023 02/21/23 For Sale $525,000 -- --
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 $12,282 $40,891 $6,300 $34,591
2024 $12,282 $40,891 $6,300 $34,591
2023 $9,024 $40,891 $6,300 $34,591
2022 $9,024 $25,178 $4,095 $21,083
2021 $8,572 $25,178 $4,095 $21,083
2020 $8,353 $25,178 $4,095 $21,083
2019 $9,526 $27,053 $4,095 $22,958
2018 $9,329 $27,053 $4,095 $22,958
2017 $10,203 $30,251 $4,095 $26,156
2016 $8,339 $23,271 $3,780 $19,491
2015 $8,913 $25,266 $3,780 $21,486
2014 $8,744 $25,266 $3,780 $21,486
2013 $9,104 $28,150 $3,780 $24,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11723081

Midwest Real Estate Data (MRED)
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