$706,000
SOLD MAY 30, 2025

644 Marengo Ave Forest Park, IL 60130

7 Beds
5 Baths
-- Sq Ft
1972 Built

Recently Sold

1% Above List Price

19 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • 2-minute walk to Veterans Park
  • Corner Lot
  • Baseboard Heating

About This Home

As of May 2025

Attention Investors! Don't miss this incredible investment opportunity in a prime Forest Park location. This property features four units, including a spacious 3-bedroom, 2-bath unit with an en-suite primary bath, a 2-bedroom, 1-bath unit, and two 1-bedroom, 1-bath units. Each unit is equipped with a refrigerator, stove, microwave, and dishwasher for tenant convenience. Additional amenities include basement storage and a shared washer/dryer. The property offers assigned parking spaces for each unit and is ideally situated with easy access to expressways, trains, and shopping. Priced to sell-this opportunity won't last!

Last Agent to Sell the Property

Gabe Caporale

Caporale Realty Group License #471015147 Listed on: 04/01/2025

Caporale Realty Group

Last Buyer's Agent

Laura Young

Kale Realty License #475155064

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,619

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 33x125
  • Corner Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Window Screens
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Propane
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $355
  • Fuel Expense $2,060
  • Insurance Expense $6,098
  • Water Sewer Expense $4,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,619

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Year Built: 1972
  • Age: 51-60 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
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Exterior Entry, Storage Space, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Window Features: Screens
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site
  • ParkingTotal: 8

Utilities

  • Sewer: Storm Sewer
  • Heating: Natural Gas, Propane, Baseboard, Radiant
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Fee Information

  • Water Sewer Expenses: 4767

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Fuel Expense: 2060
  • Insurance Expense: 6098
  • ElectricExpense: 355
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 15619.29
  • Tax Year: 2023
  • Tax Exemptions: None
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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
05/30/2025 05/30/25 Sold $706,000 +0.9% --
04/20/2025 04/20/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $699,900 +133.3% --
12/19/2014 12/19/14 Sold $300,000 -20.0% -- View Prior Sale
11/04/2014 11/04/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $375,000 -- --
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 $15,619 $43,961 $4,271 $39,690
2024 $15,619 $43,961 $4,271 $39,690
2023 $10,720 $52,000 $4,271 $47,729
2022 $10,720 $29,911 $2,776 $27,135
2021 $10,183 $29,910 $2,776 $27,134
2020 $9,923 $29,910 $2,776 $27,134
2019 $11,013 $31,276 $2,776 $28,500
2018 $11,567 $33,541 $2,776 $30,765
2017 $11,313 $33,541 $2,776 $30,765
2016 $10,897 $30,409 $2,562 $27,847
2015 $10,727 $30,409 $2,562 $27,847
2014 $10,524 $30,409 $2,562 $27,847
2013 $10,337 $31,962 $2,562 $29,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12326925

Midwest Real Estate Data (MRED)