$575,000
$50K PRICE DROP

Estimated payment $4,255/month

Total Views 91,187
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Victorian Architecture
  • Sun or Florida Room
  • Entrance Foyer
  • Loft
  • 4 Car Detached Garage
  • Ceiling Fan

About This Home

7415 Dixon Street is a truly rare opportunity in Forest Park, featuring 5 total bedrooms and 3 full baths throughout the property. Fantastic location on a lovely, quiet block, occupying an oversized double-lot, mere blocks from downtown Forest Park, Oak Park, and River Forest. Properties offering this combination of space, flexibility, and location are exceptionally hard to find. The main residence spans approximately 2,314 square feet and lives like a single-family home, featuring three bedrooms and two full baths. A gracious entry opens to formal living and dining rooms accented by hardwood floors, crown molding, and abundant natural light. First-floor bedroom with an adjacent full bath provides ideal flexibility for guests, in-laws, or multigenerational living. The kitchen offers 42" maple cabinetry, ample counter space, and stainless steel appliances, flowing seamlessly into a breakfast area and sunroom with newer Andersen windows overlooking the expansive yard. Upstairs, you'll find two additional bedrooms, a home office, and an expansive family/recreation room, perfect for working from home, entertaining, or creating a separate living zone. The lower-level unit is a self-contained two-bedroom, one-bath en-suite apartment of approximately 700 square feet, currently rented month-to-month at $850 per month, offering immediate income potential or flexibility for owner-occupants. Set on a lush double lot with mature trees, perennial gardens, and two garages, the outdoor space is truly exceptional-ideal for gardening, entertaining, expansion, or future development. The basement provides additional versatility with laundry, storage, and living options. Whether your vision is to enjoy as a spacious owner-occupied home, maximize rental income, or reconfigure into a three-unit investment, this property delivers rare upside in a premier location. Close to restaurants, shops, parks, the Green Line, Metra, and I-290, with easy access to Oak Park, River Forest, O'Hare, and Midway. Bring your vision, opportunities like this don't come along often.

Listing Agent

Jonathan Paul

Berkshire Hathaway HomeServices Chicago License #475161439 Listed on: 08/22/2025

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,181

Year Built

  • Built in 1923

Parking

  • 4 Car Detached Garage
  • Parking Available
  • Off Alley Parking

Home Design

  • Victorian Architecture
  • Converted Dwelling
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer
  • Loft
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Schools

  • Garfield Elementary School

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,181

Year Built

Built in 1923

Lot Details

0 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Exterior Entry, Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Foyer, Loft, Sun Room
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Garage/Space,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding, Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Yes, Detached, Off Alley
  • ParkingTotal: 8

Utilities

  • Sewer: Storm Sewer
  • Heating: Natural Gas, Electric, Radiator(s)
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Garfield Elementary School

Lot Info

  • Lot Dimensions: 7750
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 13181
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,999 $54,583 $9,533 $45,050
2024 $5,828 $47,279 $8,257 $39,022
2023 $5,124 $42,153 $7,362 $34,791
2022 $5,124 $35,849 $6,060 $29,789
2021 $5,305 $33,630 $5,685 $27,945
2020 $5,203 $31,631 $5,347 $26,284
2019 $5,032 $29,465 $4,981 $24,484
2018 $4,968 $28,254 $4,527 $23,727
2017 $5,004 $26,209 $4,199 $22,010
2016 $4,750 $23,792 $3,812 $19,980
2015 $4,632 $21,588 $3,459 $18,129
2014 -- $21,408 $3,332 $18,076
2012 $4,545 $22,798 $3,548 $19,250
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
07/09/2026 07/09/26 Price Changed $575,000 -2.5% --
03/15/2026 03/15/26 Price Changed $590,000 -1.7% --
01/15/2026 01/15/26 Price Changed $600,000 -2.8% --
11/14/2025 11/14/25 Price Changed $617,500 -0.4% --
10/09/2025 10/09/25 Price Changed $620,000 -0.8% --
08/22/2025 08/22/25 For Sale $625,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12452749

Midwest Real Estate Data (MRED)
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