NOT LISTED FOR SALE

519 Jackson Blvd Forest Park, IL 60130

12 Beds
6 Baths
-- Sq Ft
1918 Built

Last Sold October 30, 2020

Last sale price $865,000

5 Days on Market

About This Home

As of October 2020

Incredible turnkey 6 unit apartment building in the heart of downtown Forest Park and steps from the Blue Line train. 6 huge 2 bedroom units with full bathroom, separate kitchen with pantry and private rear enclosed porches, hardwood floors. Massive 4 car garage and 2 legal outdoor parking spaces offering parking options for every unit, a huge value add. Full/High basement with large individual storage units, washer and dryer and duplex down opportunities. Extremely well maintained and in Impeccable condition. The multiple commuter options available to this location is highly desirable. A premier investment property opportunity in stellar location.

Last Agent to Sell the Property

Michael Kearney

Berkshire Hathaway HomeServices Chicago License #475140165 Listed on: 09/21/2020

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Luke Chirayil

Achieve Real Estate Group Inc License #475171378

Property Details

Home Type

  • Multi-Family

Year Built

  • 1918

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Slab Foundation

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar

Utilities

  • Window Unit Cooling System

Listing and Financial Details

  • Tenant pays for electric, heat, varies by tenant

Property Details

Home Type

Multi-Family

Year Built

1918

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Outdoor Parking: 1-5 Spaces
  • Roof Coverings: Membrane, Reflective Coating
  • Roof Structure: Flat
  • Total Annual Income: 101220
  • Total Monthly Income: 8435
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 2
  • Estimated Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Basement: Unfinished, Cellar, Exterior Access

Exterior Features

  • Foundation: Block, Brick, Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Indoor Parking: 1-5 Spaces
  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Window Unit/s
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Forced Air, Gas

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 50X125
  • Lot Sq Ft: 6250
  • Land Amenities: Security Entrance, Sidewalks, Cable Ready
  • Parcel Identification Number: 15131050210000

Rental Info

  • Gross Rental Income: 101220
  • Tenant Pays: Electric, Heat, Varies by Tenant

Multi Family

  • Number Of Dishwashers: 6
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 18081
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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 Prior Sale
10/30/2020 10/30/20 Sold $865,000 +1.9% --
09/26/2020 09/26/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $849,000 +16.3% --
08/24/2018 08/24/18 Sold $730,000 -7.6% -- View Prior Sale
06/23/2018 06/23/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $790,000 0.0% --
06/08/2016 06/08/16 Rented $1,050 0.0% --
06/01/2016 06/01/16 For Rent $1,050 -- --
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 $21,025 $70,000 $6,250 $63,750
2024 $21,025 $70,000 $6,250 $63,750
2023 $23,676 $70,000 $6,250 $63,750
2022 $23,676 $66,058 $4,063 $61,995
2021 $22,489 $66,057 $4,062 $61,995
2020 $21,915 $66,057 $4,062 $61,995
2019 $18,081 $51,351 $4,062 $47,289
2018 $17,709 $51,351 $4,062 $47,289
2017 $17,319 $51,351 $4,062 $47,289
2016 $15,446 $43,103 $3,750 $39,353
2015 $15,204 $43,103 $3,750 $39,353
2014 $14,917 $43,103 $3,750 $39,353
2013 $14,178 $43,837 $3,750 $40,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10876944

Midwest Real Estate Data (MRED)
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