NOT LISTED FOR SALE

516 Hannah Ave Forest Park, IL 60130

5 Beds
2 Baths
1,070 Sq Ft
6,098 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $419,000 $392 Per Sq Ft

6 Days on Market

Highlights

  • Property is near park
  • 2 Car Detached Garage
  • Baseboard Heating
  • Recreation Room
  • Entrance Foyer
  • 3-minute walk to Veterans Park

About This Home

As of July 2021

MUST SEE!! WONDERFUL 2 unit property that lives like a single family in popular Forest Park - Walk to Madison St and all that Forest Park has to offer! Charming 516 Hannah can be a single family home with option to bring in rental income as a 2 unit! Enter into the first floor unit - 3 bedrooms and 1 full bath! 1st BD can be used as a perfect work from home office space! Beautiful hardwood floors in the dining room with so much detail! PLUS screened in porch - prefect for morning coffee or after work drinks! Upstairs you'll another full living space with 2 bedrooms, 1 full bath, kitchen, living room space, and extra "billiards" room by back staircase! DOUBLE LOT! 2 car detached garage AND 3 exterior parking spots! Don't miss your chance to own this amazing Forest Park home!!

Last Agent to Sell the Property

Sabrina Conti Erangey

Baird & Warner License #475163152 Listed on: 06/01/2021

Baird & Warner

Co-Listed By

Anthony Erangey

Baird & Warner License #475186988

Last Buyer's Agent

Patrick Jacknow

Jacknow Inc., Realtor License #471013187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,686

Year Built

  • Built in 1903

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 124x50
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Recreation Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Location

  • Property is near park

Schools

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

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,686

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Foyer, Recreation Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Radiant
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Junior High/Middle School #2: Proviso Mathematics and Science Academy

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 124X50
  • 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: 8686.39
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

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

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $419,000 +2.2% $392 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $410,000 -- $383 / 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 $11,714 $39,000 $6,250 $32,750
2024 $11,714 $39,000 $6,250 $32,750
2023 $9,498 $39,000 $6,250 $32,750
2022 $9,498 $26,502 $4,063 $22,439
2021 $7,888 $26,500 $4,062 $22,438
2020 $7,762 $26,500 $4,062 $22,438
2019 $8,686 $28,099 $4,062 $24,037
2018 $8,505 $28,099 $4,062 $24,037
2017 $8,339 $28,099 $4,062 $24,037
2016 $6,329 $20,158 $3,750 $16,408
2015 $6,185 $20,158 $3,750 $16,408
2014 $6,088 $20,158 $3,750 $16,408
2013 $6,163 $21,684 $3,750 $17,934
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11053846

Midwest Real Estate Data (MRED)

APN: 15-13-212-005