$467,500
OPEN SUN 2PM - 4PM

941 Marengo Ave Forest Park, IL 60130

Estimated payment $3,409/month

5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near a park
  • Community Pool
  • Forced Air Heating System
  • Farmhouse Style Home
  • Enclosed Patio or Porch
  • 2-minute walk to Maple Park

About This Home

Charming Two-Flat on an Extra-Wide Lot - Your Home, with Built-In Income Potential! This rare 60-foot-wide lot offers a unique opportunity to enjoy the space, comfort and yard of a single-family home while benefiting from rental income. Family-owned and lovingly maintained, this two-unit property is ideal for an owner-occupant looking for a long-term tenant, short-term rental/Airbnb or multi-generational living. From the moment you arrive, you'll be drawn in by the inviting curb appeal and the welcoming open front porch-a perfect spot to sip your favorite beverage. The main-level unit lives like a home, with a private entrance, foyer, spacious living room with plantation shutters, formal dining room, kitchen, three bedrooms, a full bath, and a sunroom that overlooks the lush backyard. This unit also features an interior staircase to the basement for added privacy. Upstairs, the second unit also has it's own entrance and features a spacious front bedroom with French doors, a cozy living room, a second bedroom with giant walk-in closet, full bath, eat-in kitchen, and a large back porch for three-season enjoyment or additional storage. The unfinished basement offers laundry, separate storage areas and potential for future finishing with a staircase already built in from the owners unit as well as a back staircase for tenants to have laundry access. Set on more than a double lot, the fenced in backyard is a true retreat-perfect for entertaining, gardening, or simply relaxing. Thoughtfully landscaped with blooming perennials that return year after year, plus a dedicated side garden space ready for your seasonal plantings. A two-car garage and additional rear/side parking space add convenience. All of this in an unbeatable location-just a short walk to the Blue Line, minutes to I-290, Forest Park Pool, and the Park District, the dog park, and Madison Street's shopping and dining. Don't miss this chance to own a home that offers both lifestyle and income potential on a beautiful lot.

Listing Agent

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363 Listed on: 09/11/2025

Berkshire Hathaway HomeServices Chicago

Co-Listing Agent

Crystal Rodriguez

Berkshire Hathaway HomeServices Chicago License #475179513

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,018

Year Built

  • Built in 1917

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60x125

Parking

  • 2 Car Garage
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Farmhouse Style Home

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Lake Michigan Water

Additional Features

  • Enclosed Patio or Porch
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,018

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1917
  • 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
  • New Construction Y/N: No
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Enclosed Porch
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner

Exterior Features

  • Construction Materials: Frame
  • List Price: 467500
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Off Alley, Owned, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Pool

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 60X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 11018.43
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

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

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
09/11/2025 09/11/25 Price Changed $467,500 0.0% --
09/11/2025 09/11/25 For Sale $467,500 -1.6% --
08/25/2025 08/25/25 For Sale $475,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12442338

Midwest Real Estate Data (MRED)

APN: 15-13-413-032