$350,000
SOLD APR 17, 2025

8250 W Forest Preserve Ave Chicago, IL 60634

Belmont Terrace Neighborhood
4 Beds
2 Baths
-- Sq Ft
1927 Built

Recently Sold

9% Above List Price

1 Day on Market

About This Home

As of April 2025

ESTATE SALE !!! Attention - Rehabbers - Do-it-Yourselvers, and builders. 2 Flat/Income property. Two very similar apartments, 1st floor has 2 bedrooms with cedar closets, full bath, kitchen, very generous dining room and living rooms. Hardwood floors thru out except kitchens. Hardwood floor under rug in dining rooms. Entry to basement in kitchen 1st floor. 2nd floor has 2 bedrooms with cedar closets, full bath, kitchen, large dining room and living rooms. Both floors have some newer vinyl windows. This is a fantastic fixer upper with income potential !! 2 car garage. Front & rear entry for both floors. Full basement. 100 amp service for both floors with circuit breakers. Not very many buildings in this price range available !

Last Agent to Sell the Property

John Drake

Charles Rutenberg Realty of IL License #475151884 Listed on: 03/15/2025

Charles Rutenberg Realty of IL

Last Buyer's Agent

John Drake

Charles Rutenberg Realty of IL License #475151884 Listed on: 03/15/2025

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1927

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Radiator
  • Heating System Uses Steam
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 30 x 125

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,018

Year Built

Built in 1927

Lot Details

0

Parking

2

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 Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 320000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 30 X 125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 4018
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

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

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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
04/17/2025 04/17/25 Sold $350,000 +9.4% --
03/16/2025 03/16/25 Pending -- -- --
03/15/2025 03/15/25 For Sale $320,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12313058

Midwest Real Estate Data (MRED)