$450,000
PENDING $50K PRICE DROP

627 Harlem Ave Forest Park, IL 60130

Estimated payment $3,384/month

Total Views 27,963
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Den
  • Soaking Tub
  • Sun or Florida Room
  • Sitting Room
  • 5-minute walk to Veterans Park

About This Home

Discover an incredible investment opportunity with this solid, well-maintained red brick two-flat featuring numerous updates and excellent tenant occupancy. The first floor offers 3 bedrooms, an office, a sunroom, a spacious living room, and 1 bathroom, while the second floor includes 2 bedrooms, an office, a sunroom, separate living and dining areas, and 1 bathroom. The spacious basement provides ample storage and includes a washer and dryer for added convenience. Ideally located just steps from the CTA Blue Line and Forest Park's vibrant Madison Street with its restaurants, shops, and boutiques, this property also offers easy access to I-290, putting downtown Chicago and Oak Brook just 20 minutes away. Nearby attractions include River Forest, the historic Frank Lloyd Wright Studio, and downtown Oak Park's parks and museums. Set in a highly sought-after area blending historic charm and modern convenience, this property is a remarkable opportunity to invest or call home. Easy to show!

Listing Agent

Adriana Laura Cook

eXp Realty License #475149276 Listed on: 01/06/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,414

Year Built

  • Built in 1927 | Remodeled in 2016

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sitting Room
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Parking

  • 5 Parking Spaces
  • Parking Included in Price
  • Unassigned Parking

Schools

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

Utilities

  • Radiator
  • Lake Michigan Water

Additional Features

  • Lot Dimensions are 122 x 33
  • Property is near a park

Community Details

  • 2 Units
  • Gross Income $49,200

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,414

Year Built

Built in 1927 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Room Type: Den, Screened Porch, Sitting Room, Sun Room
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • List Price: 450000
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, On Site, Owned
  • ParkingTotal: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91
  • Junior High/Middle School #2: PROVISO MATHEMATICS AND SCIENCE ACADEMY
  • Elementary School #2: GRANT-WHITE ELEMENTARY SCHOOL

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 122 X 33
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 49200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 11413.76
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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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 Change Sq Ft Price
08/01/2025 08/01/25 Pending -- -- --
06/28/2025 06/28/25 Price Changed $450,000 -2.2% --
06/18/2025 06/18/25 Price Changed $459,900 0.0% --
06/18/2025 06/18/25 For Sale $459,900 -4.2% --
04/04/2025 04/04/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $479,900 -4.0% --
01/06/2025 01/06/25 For Sale $500,000 +22.0% --
08/12/2021 08/12/21 Sold $409,900 0.0% --
07/09/2021 07/09/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $409,900 +151.5% --
08/28/2015 08/28/15 Sold $163,000 -11.9% --
08/01/2015 08/01/15 Pending -- -- --
07/21/2015 07/21/15 Price Changed $185,000 -5.1% --
06/24/2015 06/24/15 For Sale $195,000 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12265769

Midwest Real Estate Data (MRED)