946 Ferdinand Ave Forest Park, IL 60130
Estimated payment $3,292/month
About This Home
Introducing a prime 3-unit brick corner building in the desirable Forest Park neighborhood. A fantastic opportunity for investors looking for an add-value opportunity or owner-occupants looking to offset their mortgage with rental income. This property features two 2-bedroom, 1-bathroom units and an impressive 3-bedroom, 2-bathroom duplex. With garage parking, tenants benefit from added convenience. Tenants pay for their own gas and electricity, ensuring lower expenses and maximizing cash flow. Lender-owned and being SOLD- AS-IS. Bring all OFFERS! Seller would consider seller financing including repairs as part of the loan.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,413
Year Built
- Built in 1927
Lot Details
- 3,920 Sq Ft Lot
- Lot Dimensions are 30x125
Parking
- 2 Car Garage
Home Design
- Rowhouse Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Basement
- Partial Basement
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2025 12/10/25 | Price Changed | $444,900 | -7.3% | -- |
| 12/03/2025 12/03/25 | Price Changed | $479,900 | -2.0% | -- |
| 11/08/2025 11/08/25 | Price Changed | $489,900 | -2.0% | -- |
| 10/14/2025 10/14/25 | Price Changed | $499,900 | 0.0% | -- |
| 10/14/2025 10/14/25 | For Sale | $499,900 | +12.4% | -- |
| 04/11/2025 04/11/25 | Off Market | $444,900 | -- | -- |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/02/2025 03/02/25 | Price Changed | $444,900 | -1.1% | -- |
| 02/15/2025 02/15/25 | For Sale | $449,900 | 0.0% | -- |
| 11/17/2024 11/17/24 | Off Market | $449,900 | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $449,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12202149
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