NOT LISTED FOR SALE

501 Marengo Ave Forest Park, IL 60130

Estimated Value: $519,000 - $600,000

3 Beds
2 Baths
2,107 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $475,000 $225 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,826/month

Highlights

  • Heated Floors
  • Recreation Room
  • Gallery
  • Landscaped Professionally
  • Whirlpool Bathtub
  • 5-minute walk to Veterans Park

About This Home

As of January 2023

This home is located at 501 Marengo Ave, Forest Park, IL 60130 since 16 November 2022 and is currently estimated at $555,322, approximately $263 per square foot. This property was built in 1904. 501 Marengo Ave is a home located in Cook County with nearby schools including Garfield Elementary School, Field Stevenson Elementary School, and Forest Park Middle School.

Last Agent to Sell the Property

Amber Kardosh

@properties Christie's International Real Estate License #475166467 Listed on: 11/16/2022

@properties Christie's International Real Estate

Co-Listed By

Robin Phelps

@properties Christie's International Real Estate License #475154106

Last Buyer's Agent

Luis Ortiz

RE/MAX Partners License #475136884

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,730

Year Built

  • Built in 1904 | Remodeled in 2008

Lot Details

  • 4,948 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,107 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Heated Enclosed Porch
  • Gallery

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Shower Body Spray

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Finished Basement Bathroom

Outdoor Features

  • Patio

Schools

  • Garfield Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,730

Year Built

Built in 1904 | Remodeled in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2008
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2008

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, Heated Floors
  • LivingArea: 2107
  • Room Type: Recreation Room, Gallery, Foyer, Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 2107
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Whirlpool,Full Body Spray Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio, Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School

Lot Info

  • Lot Size Acres: 0.1136
  • Lot Dimensions: 50 X 100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 9729.82
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

MLS Schools

  • Othr Public Sch: Proviso Math & Science Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 7, 2023
Sold by
Lochtun Eric M and Lochtun Sarah B
Bought by
Costello Kevin and Costello James
Seller's Agent
Amber Kardosh
@properties Christie's International Real Estate
Buyer's Agent
Luis Ortiz
RE/MAX Partners
List Price
$475,000
Sold Price
$475,000
Views
11
Current Estimated Value
$555,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,322
Avg. Annual Appreciation
5.29%
Original Mortgage
$380,000
Outstanding Balance
$365,457
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$189,865

Purchase Details

Listed on
Oct 18, 2017
Closed on
Apr 29, 2018
Sold by
Stawski Barbara Z and Stawski Terence S
Bought by
Jochum Eric M and Jochum Sarah B
Seller's Agent
Joanne Baker
RE/MAX Professionals Select
Buyer's Agent
Roz Byrne
Roz Real Estate
List Price
$495,000
Sold Price
$422,500
Premium/Discount to List
-$72,500
-14.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.52%
Original Mortgage
$215,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2012
Sold by
Stawski Barbara Z
Bought by
Stawski Barbara Z and Stawski Terence S
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Costello Kevin $475,000 None Listed On Document
Jochum Eric M $422,500 Fidelity National Title
Stawski Barbara Z -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Kevin $380,000
Previous Owner Jochum Eric M $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $475,000 0.0% $225 / Sq Ft
01/03/2023 01/03/23 For Sale $475,000 +12.4% $225 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
05/01/2018 05/01/18 Sold $422,500 -6.1% $201 / Sq Ft View Prior Sale
03/14/2018 03/14/18 Pending -- -- --
03/09/2018 03/09/18 Price Changed $450,000 -2.2% $214 / Sq Ft
02/17/2018 02/17/18 Price Changed $460,000 -3.2% $218 / Sq Ft
02/01/2018 02/01/18 Price Changed $475,000 -2.1% $225 / Sq Ft
01/10/2018 01/10/18 Price Changed $485,000 -2.0% $230 / Sq Ft
10/18/2017 10/18/17 For Sale $495,000 -- $235 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $11,319 $38,089 $4,950 $33,139
2024 $11,319 $38,089 $4,950 $33,139
2023 $10,211 $41,000 $4,950 $36,050
2022 $10,211 $31,912 $3,218 $28,694
2021 $9,730 $31,910 $3,217 $28,693
2020 $9,557 $31,910 $3,217 $28,693
2019 $8,129 $26,515 $3,217 $23,298
2018 $7,959 $26,515 $3,217 $23,298
2017 $7,804 $26,515 $3,217 $23,298
2016 $8,213 $25,415 $2,970 $22,445
2015 $8,040 $25,415 $2,970 $22,445
2014 $7,907 $25,415 $2,970 $22,445
2013 $7,397 $25,500 $2,970 $22,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11674352

Midwest Real Estate Data (MRED)

APN: 15-13-213-015-0000