505 Marengo Ave Forest Park, IL 60130
Estimated payment $6,130/month
Total Views
8,823
5
Beds
3.5
Baths
4,752
Sq Ft
$168
Price per Sq Ft
Highlights
- Guest House
- Deck
- Recreation Room
- Spa
- Property is near a park
- 5-minute walk to Veterans Park
About This Home
Spacious, creative and full of character, this one-of-a-kind home offers four levels of living space on a rare double lot, complete with a 4-car garage and an incredible finished loft-perfect for creatives, guests, or flexible use. Inside the home, you'll find 5 bedrooms & 3.5 baths filled with original charm, including stained glass, hardwood floors, and beautiful vintage woodwork. The main floor features a large open layout with high ceilings, a cozy gas-start wood-burning fireplace, and a spacious living and dining area. The kitchen is big and bright with granite countertops, stainless steel appliances, and opens right out to a massive wraparound deck overlooking the yard-great for relaxing or entertaining. Upstairs on the second floor are four generous bedrooms & a full bath, all with more of that gorgeous original woodwork. The finished attic on the third floor has vaulted ceilings, a skylight, and tons of opportunity to use as an office, extra bedroom, or creative space.The finished basement adds even more room to spread out with a family room, updated full bath, potential 6th bedroom, and a separate laundry area. But what really sets this home apart is the huge loft above the garage. It's a dream space with a massive art studio featuring vaulted ceilings, skylights, and tons of natural light. Two more private rooms and a full bath make it perfect for an art studio, home office, guest suite, home gym, or all of the above. Located close to everything Forest Park has to offer - downtown shopping, restaurants, cafes, parks, and more. Easy access to the CTA, Metra, and major highways makes commuting a breeze. Don't miss this one-it's a truly special home with space, charm, and endless possibilities.
Listing Agent
Margaret Sersen
Redfin Corporation License #475175228 Listed on: 08/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,317
Year Built
- Built in 1898
Lot Details
- Dog Run
- Fenced
- Paved or Partially Paved Lot
Parking
- 4 Car Garage
- Parking Included in Price
Home Design
- Radon Mitigation System
Interior Spaces
- 4,752 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Family Room with Fireplace
- Combination Dining and Living Room
- Recreation Room
- Bonus Room
- Finished Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Finished Basement Bathroom
Outdoor Features
- Spa
- Deck
- Patio
Schools
- Garfield Elementary School
- Forest Park Middle School
- Proviso East High School
Utilities
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Lake Michigan Water
- ENERGY STAR Qualified Water Heater
Additional Features
- Guest House
- Property is near a park
Community Details
- Tennis Courts
- Community Pool
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $21,317 | $74,287 | $7,000 | $67,287 |
| 2023 | $23,351 | $74,287 | $7,000 | $67,287 |
| 2022 | $23,351 | $68,572 | $4,550 | $64,022 |
| 2021 | $6,320 | $68,571 | $4,550 | $64,021 |
| 2020 | $6,320 | $68,571 | $4,550 | $64,021 |
| 2019 | $6,320 | $45,784 | $4,550 | $41,234 |
| 2018 | $0 | $47,120 | $4,550 | $42,570 |
| 2017 | $0 | $48,541 | $4,550 | $43,991 |
| 2016 | $0 | $39,442 | $4,200 | $35,242 |
| 2015 | $0 | $39,442 | $4,200 | $35,242 |
| 2014 | $11,491 | $39,442 | $4,200 | $35,242 |
| 2013 | $9,200 | $36,811 | $4,200 | $32,611 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $799,000 | +53.4% | $168 / Sq Ft |
| 03/31/2021 03/31/21 | Sold | $520,750 | 0.0% | $147 / Sq Ft |
| 02/27/2021 02/27/21 | Pending | -- | -- | -- |
| 02/27/2021 02/27/21 | For Sale | $520,750 | -- | $147 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $521,000 | Attorney | |
| Deed | -- | Oconnor Title Guaranty Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12435758
APN: 15-13-213-016-0000
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