1404 Elgin Avenue, Forest Park, Illinois 60130
$410,000
|
For Sale
|
|
| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1919 |
| Property Taxes: | $8,534 |
| Days On Market: | 22 |
| Lot Size: | 0,07 |
Description
MULTIPLE OFFERS RECEIVED BEST AND FINAL DUE BY 5pm MONDAY 2/16 - Located 10 miles from downtown Chicago, Come see this well-maintained 2-flat that is an excellent opportunity for an owner-occupant buyer looking to live in one unit while collecting rental income from the other. Both units feature similar layouts with 2 bedrooms and 1 full bath, offering functional floor plans and consistent rental demand. The first-floor unit is vacant and move-in ready, featuring hardwood floors and an updated kitchen with dark cabinetry, stone countertops, and stainless steel appliances, and a work from home space off the kitchen- perfect for a buyer who wants immediate occupancy. The second-floor unit is currently rented at $1,400/month, tenant responsible for gas and electric. The lease is month-to-month, giving the new owner flexibility to adjust rents toward current market levels if desired, or sign tenant to a longer lease. Second-floor rent is WELL BELOW current market levels as the rent has not been increased in almost 5 years. The property also includes a detached 2-car garage with two parking spaces, basement laundry, separate living areas, and a straightforward setup ideal for house-hackers and first-time multi-unit buyers. Strong blend of livability and upside potential - live in one unit and let the rental income help support your mortgage. Great opportunity to build equity while keeping monthly costs down. Schedule your showing today!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1919 | |
| — | |
| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12565604 | |
| 15242120030000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Mar, 2012 | Sold | $75,000 | MRED MLS |
| 3 Feb, 2012 | Under contract | $79,000 | MRED MLS |
| — | Last price change | $99,000 | MRED MLS |
| 2 Mar, 2011 | Listed for sale | $126,500 | MRED MLS |
| 10 Oct, 2013 | Sold | $215,500 | MRED MLS |
| 10 Sep, 2013 | Under contract | $219,000 | MRED MLS |
| 10 Sep, 2013 | Listed for sale | $219,000 | MRED MLS |
| 30 Jun, 2016 | Sold | $220,000 | MRED MLS |
| 20 May, 2016 | Under contract | $229,900 | MRED MLS |
| 2 May, 2016 | Listed for sale | $229,900 | MRED MLS |
| 18 Feb, 2026 | Under contract | $410,000 | MRED MLS |
| 10 Feb, 2026 | Listed for sale | $410,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25X125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $6,592 |
| 2013 | $5,890 |
| 2016 | $5,485 |
| 2026 | $8,534 |
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Listing Provided By
Carioti Properties
