NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 28, 2021

Last sale price $485,000

120 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Detached Garage
  • Heating System Uses Natural Gas
  • Horace Mann Elementary School Rated A
  • Entrance Foyer
  • 3-minute walk to Field Park

About This Home

As of May 2021

PLEASED TO PRESENT 813 FOREST AVENUE IN OAK PARK, ILLINOIS. THE SUBJECT PROPERTY CONTAINS TWO LARGE TWO-BEDROOM / ONE-BATHROOM UNITS (APPROXIMATELY 1,000 TO 1,200 SQUARE FEET). BOTH UNITS FEATURE SUNROOMS AND VINTAGE CHARM. ON-SITE THERE IS A TWO-CAR GARAGE. CONVENIENTLY LOCATED, 813 FOREST AVENUE SITS APPROXIMATELY ONE AND ONE HALF MILES NORTH OF THE HARLEM / LAKE CTA GREEN LINE STATION, OAK PARK METRA STATION AND DOWNTOWN OAK PARK. THIS ASSET OFFERS A POTENTIAL INVESTOR OR OWNER-OCCUPANT THE OPPORTUNITY TO ACQUIRE A HIGH-QUALITY, WELL-MAINTAINED BUILDING IN A SUPERB LOCATION. THE SUBJECT PROPERTY FITS WELL AS A STAND-ALONE PROPERTY OR WITHIN A LARGER INVESTMENT PORTFOLIO.

Last Agent to Sell the Property

Brigette Bell

B2B Investment Properties LLC License #471006530 Listed on: 11/25/2020

Last Buyer's Agent

Scott Berg

Berg Properties License #475110440

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,143

Year Built

  • Built in 1893

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Horace Mann Elementary School
  • Percy Julian Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $47,160
  • Net Operating Income $25,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,143

Year Built

Built in 1893

Lot Details

9,148 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: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Room Type: Foyer, Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 21478

Schools

  • Elementary School: Horace Mann Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Percy Julian Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.21
  • Lot Dimensions: 0.21 ACRES
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Multi Family

  • Net Operating Income: 25682
  • GrossIncome: 47160
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 15142.65
  • Tax Year: 2019
  • Tax Exemptions: None

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
Nov 25, 2020
Closed on
Apr 28, 2021
Sold by
Bought by
Seller's Agent
Brigette Bell
B2B Investment Properties LLC
Buyer's Agent
Scott Berg
Berg Properties
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
0.0325%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
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
$259,600
Interest Rate
0.0603%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 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
$222,400
Interest Rate
0.0743%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 1996
Sold by
Bought by
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

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
$485,000 Chicago Title
$335,000 Chicago Title Insurance Comp
$278,000 Chicago Title Insurance Co
$215,000 --
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
Open $388,000
Previous Owner $259,600
Previous Owner $222,400
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
05/28/2021 05/28/21 Sold $485,000 -2.8% --
03/25/2021 03/25/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $499,000 -- --
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 $15,545 $48,734 $11,989 $36,745
2024 $15,545 $48,734 $11,989 $36,745
2023 $13,571 $51,000 $11,989 $39,011
2022 $13,571 $35,342 $10,375 $24,967
2021 $13,224 $35,341 $10,374 $24,967
2020 $12,901 $35,341 $10,374 $24,967
2019 $15,143 $39,469 $9,452 $30,017
2018 $14,575 $39,469 $9,452 $30,017
2017 $15,584 $43,146 $9,452 $33,694
2016 $12,326 $30,624 $7,838 $22,786
2015 $11,750 $32,583 $7,838 $24,745
2014 $12,063 $35,997 $7,838 $28,159
2013 $10,630 $32,663 $7,838 $24,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10941489

Midwest Real Estate Data (MRED)
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