NOT LISTED FOR SALE
5 Beds
3 Baths
-- Sq Ft
1920 Built

Sale Details

Date Sold: November 12, 2021

Last sale price $395,000

61 Days on Market

Highlights

  • Deck
  • Community Pool
  • 2 Car Detached Garage
  • Property is near park
  • Tennis Courts
  • 4-minute walk to Veterans Park

About This Home

As of November 2021

This classic brick bungalow two flat is located in the heart of Forest Park. Only steps from the blue line "L" stop, Harlem Avenue buses, Eisenhower Expressway, and Forest Park's downtown shopping and nightlife, this is the home that has it all! The first floor unit is duplexed into the basement for true single family home living. The first floor offers an expansive living room which opens to a formal dining room with original built in china cabinet and picture frame moldings! There are also two bedrooms both large enough for king sized beds. The eat in kitchen plus pantry is in the back of the home, and off the kitchen is a three season porch. Outside that porch is an extremely large deck. Making your way to the finished basement you will find a large study at the bottom of the stairs, deep walk in closet, a full family room, second full bathroom, and a third large bedroom. The basement has a laundry room with two sets of washer and dryers separated for the second floor apartment. And that takes us to apartment number two on the top floor. This cozy unit has been rented since 2006 when I sold the building to the current owner. Never a day with a vacancy it is a cozy two bedroom unit with eat in kitchen and living room. There is also an enclosed back porch. The two and a half car garage has ample room for parking and storage with a full on pull down walk up attic. Don't worry about parking for your tenants because they have a full driveway off the front for their cars. An added bonus is the full on lift station flood control system that has kept the basement dry for years. This is a great starter home, regular investment(run the numbers!), or a perfect place to retire!

Last Agent to Sell the Property

Patrick Jacknow

Jacknow Inc., Realtor License #471013187 Listed on: 08/13/2021

Last Buyer's Agent

James D'Astice

Compass License #475152334

Compass
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,841

Year Built

  • Built in 1920

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Lot Details

  • Lot Dimensions are 45x124
  • Paved or Partially Paved Lot

Schools

  • Grant-White Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Property is near park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • 2 Units
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,841

Year Built

Built in 1920

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Fireplace-Gas,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Garage/Space

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool, Tennis Court(s), Curbs, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Grant-White 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
  • Junior High/Middle School #2: Field Stevenson Elementary School
  • Elementary School #2: Garfield Elementary School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 45X124
  • Zoning: LNC
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 13200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat,2 Story Unit/s

Tax Info

  • Tax Annual Amount: 7841
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 12, 2021
Sold by
Bought by
Seller's Agent
Patrick Jacknow
Jacknow Inc., Realtor
Buyer's Agent
James D'Astice
Compass
List Price
$440,000
Sold Price
$395,000
Premium/Discount to List
-$45,000
-10.23%

Purchase Details

Closed on
Apr 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Forest Park, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$395,000 --
$460,000 Prairie Title Inc
$335,000 Prairie Title
$230,000 Chicago Title Insurance Co
-- Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $380,000
Previous Owner $301,500
Previous Owner $140,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $395,000 -10.2% --
10/14/2021 10/14/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $440,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,418 $38,000 $5,625 $32,375
2024 $10,418 $38,000 $5,625 $32,375
2023 $8,358 $38,000 $5,625 $32,375
2022 $8,358 $26,740 $3,656 $23,084
2021 $7,969 $26,739 $3,656 $23,083
2020 $7,841 $26,739 $3,656 $23,083
2019 $8,446 $27,415 $3,656 $23,759
2018 $8,269 $27,415 $3,656 $23,759
2017 $8,108 $27,415 $3,656 $23,759
2016 $7,790 $24,236 $3,375 $20,861
2015 $7,624 $24,236 $3,375 $20,861
2014 $7,499 $24,236 $3,375 $20,861
2013 $8,239 $28,105 $3,375 $24,730
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11189499

Midwest Real Estate Data (MRED)
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