$440,000
SOLD SEP 23, 2025

540 Ferdinand Ave Forest Park, IL 60130

3 Beds
3 Baths
866 Sq Ft
1904 Built

Recently Sold

$508 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • Recreation Room
  • Patio
  • Baseboard Heating
  • 2 Car Detached Garage
  • Two Heating Systems
  • Senior Tax Exemptions

About This Home

As of September 2025

There's No Place Like Home! Nestled in the heart of Forest Park, 540 Ferdinand is a charming 2-flat that offers versatile living and a location you'll love. The spacious first-floor unit features two bedrooms, a bright and open living and dining area, and a bonus room at the rear-perfect for a home office, studio, guest space, or whatever suits your needs. This bonus room includes a half bath and is fully heated and cooled for year-round comfort. Upstairs, the second unit offers one bedroom, one full bath, and an additional bonus room-ideal for work-from-home, creative use, or added storage. A full basement provides even more space for owners needs or tenants use. The property includes a two-car garage plus one exterior parking space. Located in close proximity to downtown Forest Park, CTA Blue Line, and easy access to I-290, this is an excellent opportunity for any buyer!

Last Agent to Sell the Property

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711 Listed on: 08/07/2025

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Caitlin Gillian Thorsen

Berkshire Hathaway HomeServices Chicago License #476437995

Last Buyer's Agent

Joey Diaz

Pak Home Realty License #475191698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,922

Year Built

  • Built in 1904

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Patio
  • Lot Dimensions are 40x125

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,922

Year Built

Built in 1904

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Room Type: Recreation Room
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Walk-In Closet

Exterior Features

  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Baseboard, Radiant, Sep Heating Systems - 2+
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40x125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9922
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Sep 23, 2025
Sold by
Buno John Milan and Mattax Elizabeth Rose
Bought by
Reyes Antonio
Seller's Agent
Anna Gillian Cramer
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Joey Diaz
Pak Home Realty
List Price
$424,900
Sold Price
$440,000
Premium/Discount to List
$15,100
3.55%
Views
29
Current Estimated Value
$457,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,849
Avg. Annual Appreciation
8.28%
Original Mortgage
$432,030
Outstanding Balance
$431,639
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$26,210

Purchase Details

Closed on
Oct 17, 2008
Sold by
Buno John Milan and Mattax Elizabeth Rose
Bought by
The Elizabeth Rose Mattax John Milan Bun

Purchase Details

Closed on
Feb 6, 1998
Sold by
Buno John M and Buno John Milan
Bought by
Buno John Milan and Mattax Elizabeth Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.95%
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 Type Sale Price Title Company
Warranty Deed $440,000 Chicago Title Insurance Compan
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,030 FHA
Previous Owner $97,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $440,000 +3.6% $508 / Sq Ft
08/18/2025 08/18/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $424,900 -- $491 / Sq Ft
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 $9,922 $39,000 $5,000 $34,000
2024 $9,922 $39,000 $5,000 $34,000
2023 $8,641 $39,000 $5,000 $34,000
2022 $8,641 $30,267 $3,250 $27,017
2021 $8,263 $30,266 $3,250 $27,016
2020 $8,188 $30,266 $3,250 $27,016
2019 $9,654 $30,847 $3,250 $27,597
2018 $9,453 $30,847 $3,250 $27,597
2017 $9,265 $30,847 $3,250 $27,597
2016 $9,220 $28,225 $3,000 $25,225
2015 $5,846 $19,195 $3,000 $16,195
2014 $5,754 $19,195 $3,000 $16,195
2013 $5,451 $19,483 $3,000 $16,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12439973

Midwest Real Estate Data (MRED)

APN: 15-13-209-011-0000

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