Airel Hermosillo
Smart Home Realty
(630) 761-5132
274 Total Sales
1 in Forest Park
$161,000 Price
501 Elgin Ave Forest Park, IL 60130
Forest Park AreaEstimated Value: $827,030
7
Beds
4
Baths
--
Sq Ft
--
Built
Highlights
- Property is near park
- Corner Lot
- Shed
- Victorian Architecture
- Patio
- Forced Air Heating System
About This Home
As of September 2025Rare opportunity to own three units in a prime Forest Park location - stunning blend of vintage charm + modern upgrades! Property consists of a main building with two units and basement PLUS a free-standing, two-story coach house with basement. All three LARGE units feature updated kitchens and baths, dishwashers, and their own laundry. 1st floor of main building lives like a single family home - you'll find three bedrooms (one currently built out as a home gym!), an office, and a formal dining room. Prepare to fall in love with high ceilings, intricately detailed hardwood floors, stained glass windows, built-ins, original woodwork and more. This unit has access to a massive basement as well as a large storage closet. Recently renovated 4 season back porch off the kitchen with built-in seating and great view of the yard. Second floor unit boasts two bedrooms, a walk-in closet, and a cozy back porch overlooking the garden. Free standing coach house features two full bedrooms, two full baths, and full basement. Gorgeous details include a claw foot tub, more stained glass, exquisitely carved wooden doors, a large walk in closet, and primary en-suite. The yard space presents a wide variety of options: relax on the patio, garden, or cook out in a lovely setting. The location is a dream for tenants or an owner-occupant: steps to all the shopping and dining options on Madison Street, blue line, and nearby parks, pool, and rec center! Recent updates include a new roof on the coach house (2020) new gutters on main + coach house (2023) and newer hot water heaters. Don't miss this incredible property!
Last Agent to Sell the Property
Forte Properties, Inc. License #471020680 Listed on: 08/06/2025
Last Buyer's Agent
@properties Christie's International Real Estate License #475197853
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,286
Year Renovated
- 2016
Lot Details
- Lot Dimensions are 50x160
- Fenced
- Corner Lot
- Paved or Partially Paved Lot
Home Design
- Victorian Architecture
- Frame Construction
Interior Spaces
- Ceiling Fan
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
- Parking Included in Price
Outdoor Features
- Patio
- Shed
Location
- Property is near park
Utilities
- Forced Air Heating System
- Radiator
- Heating System Uses Steam
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2025
Closed on
Sep 25, 2025
Sold by
Austen Brad and Casten Gillian
Bought by
Seller's Agent
John Warren
Forte Properties, Inc.
Buyer's Agent
Sarah Anderson
@properties Christie's International Real Estate
List Price
$749,000
Sold Price
$790,000
Premium/Discount to List
$41,000
5.47%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,030
Avg. Annual Appreciation
5.22%
Original Mortgage
$632,000
Outstanding Balance
$626,874
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$200,156
Purchase Details
Listed on
May 16, 2019
Closed on
Jul 24, 2019
Sold by
Reilly Timothy P and Reilly Molly M
Bought by
Casten Gillian and Austen Brad
Seller's Agent
Michelle Liffick
Jameson Sotheby's Intl Realty
Buyer's Agent
Kelly Smith
Kelly Smith Realty LLC
List Price
$624,900
Sold Price
$530,000
Premium/Discount to List
-$94,900
-15.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Purchase Details
Listed on
Mar 13, 2013
Closed on
Aug 24, 2013
Sold by
Connor Maurice J O and Connor Ellen D O
Bought by
Reilly Timothy P and Reilly Molly M
Seller's Agent
Riley Mockler
Avenue 1 Realty Group Inc
Buyer's Agent
Michelle Liffick
Jameson Sotheby's Intl Realty
List Price
$589,900
Sold Price
$435,000
Premium/Discount to List
-$154,900
-26.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$432,030
Interest Rate
4.87%
Mortgage Type
FHA
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest Park, IL
-
Airel Hermosillo
-
Ron Donavon
Ron Donavon
Keller Williams Inspire - Geneva
(331) 258-3865
191 Total Sales
1 in Forest Park
$115,000 Price
-
Gene Villamiel
Gene Villamiel
Villa Miel Realty, Inc.
(708) 729-5413
41 Total Sales
2 in Forest Park
$130K - $400K Price Range
-
Joelle Venzera
Joelle Venzera
Compass
(708) 564-3952
112 Total Sales
20 in Forest Park
$74K - $665K Price Range
-
Angela Walker
Angela Walker
Angela Walker Homes Real Estate Group
(708) 300-9563
151 Total Sales
1 in Forest Park
$370,000 Price
-
Cecil Sabu
Cecil Sabu
Responds QuicklyALLURE Real Estate
(312) 854-7471
77 Total Sales
1 in Forest Park
$450,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $790,000 | Fidelity National Title | ||
| Casten Gillian | $530,000 | Chicago Title | |
| Reilly Timothy P | $435,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $632,000 | ||
| Previous Owner | Reilly Timothy P | $432,030 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $790,000 | +5.5% | -- | |
| 08/12/2025 08/12/25 | Pending | -- | -- | -- | |
| 08/06/2025 08/06/25 | For Sale | $749,000 | +41.3% | -- | |
| 07/30/2019 07/30/19 | Sold | $530,000 | -15.2% | -- | View Prior Sale |
| 05/24/2019 05/24/19 | Pending | -- | -- | -- | |
| 05/16/2019 05/16/19 | For Sale | $624,900 | -- | -- |
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 | $17,286 | $60,865 | $8,000 | $52,865 |
| 2024 | $17,286 | $60,865 | $8,000 | $52,865 |
| 2023 | $17,770 | $60,865 | $8,000 | $52,865 |
| 2022 | $17,770 | $53,000 | $5,200 | $47,800 |
| 2021 | $16,910 | $53,000 | $5,200 | $47,800 |
| 2020 | $16,554 | $53,000 | $5,200 | $47,800 |
| 2019 | $15,027 | $46,108 | $5,200 | $40,908 |
| 2018 | $14,716 | $46,108 | $5,200 | $40,908 |
| 2017 | $14,413 | $46,108 | $5,200 | $40,908 |
| 2016 | $12,954 | $38,644 | $4,800 | $33,844 |
| 2015 | $12,706 | $38,644 | $4,800 | $33,844 |
| 2014 | $14,379 | $41,547 | $4,800 | $36,747 |
| 2013 | $8,586 | $43,774 | $4,800 | $38,974 |
Source: Public Records
Agents Affiliated with this Home
-
John Warren
Seller's Agent in 2025
John Warren
Forte Properties, Inc.
(847) 894-2433
235 Total Sales
-
Sharon Knickerbocker
Seller Co-Listing Agent in 2025
Sharon Knickerbocker
Forte Properties, Inc.
(708) 315-7310
89 Total Sales
-
Sarah Anderson
Buyer's Agent in 2025
Sarah Anderson
@ Properties
(847) 797-0200
108 Total Sales
-
Michelle Liffick
ML
Seller's Agent in 2019
Michelle Liffick
Jameson Sotheby's Intl Realty
(312) 751-0300
45 Total Sales
-
Kelly Smith
Buyer's Agent in 2019
Kelly Smith
Kelly Smith Realty LLC
(312) 399-0094
46 Total Sales
-
Riley Mockler
Seller's Agent in 2013
Riley Mockler
Avenue 1 Realty Group Inc
(773) 704-7376
20 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12438480
APN: 15-13-214-010-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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