438-440 Thomas Avenue, Forest Park, Illinois 60130


$642,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1916
Property Taxes: $17,343
Days On Market: 1260
Lot Size: 0,00
Map
Street View

Description

There's No Place Like Home! Rare opportunity to own a turnkey 3-unit property a half block from the center of vibrant downtown Forest Park with all its shops and restaurants! Live or rent out the coach house which is extensively renovated and redesigned by the current owner-occupant. The sunny open-concept main floor with its restored maple flooring, has the living room, dining area, foyer, a main floor bedroom (or office) with custom closets/storage drawers, large kitchen, and new full bath. Upstairs you'll find 2 bedrooms (one currently used as a den), large custom walk-in closet, loft area which is used as an office, and a brand new big, beautiful bath with a large walk-in shower, double vanity, skylight, and heated floors. There is a large, finished room with a huge closet in the basement that can be an additional bedroom, office, exercise room, or craft room. The 2 flat apartments each have a large living area, eat in kitchens, 1 bedroom, 1 bath and a bonus room. The first floor was totally rehabbed in 2015 with new kitchen, bath, floors, and central air! The second floor of the two flat is in good condition but not updated. Long-time tenants occupy both floors. The coach house has a lovely front porch to relax or entertain! There are 3 separate beautifully landscaped areas, that allow the residents to all enjoy the fabulous gardens. Additional improvements since 2015: new siding, roofs, many windows and doors, garage doors, awnings, sidewalks, vinyl fence, patio, pergola, landscaping (Forest Park Garden Walk Winners 2019!) and new copper water supply. The coach house has a new furnace (2017) and the 2 Flat has 2 new water heaters (2021). Many neighbors rent extra alley parking for the tenants and/or the city parking lot is just 5 houses away. This is a desirable neighborhood, and this is an unusual opportunity to own anappreciating income property/home that helps pay the expenses. ROI 8% -10% depending on the down payment.

Property Specifics

Multi-unit
1916
No
0
Cook
— / —
11430335
15132030150000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Garfield Elementary School
91
Middle School
Forest Park Middle School
91 Not in DB
High School
Proviso East High School
209 Not in DB
Alternate Elementary School
Field Stevenson Elementary Schoo
Not in DB
Alternate High School
Proviso Mathematics And Science
Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
31 Aug, 2015 Sold $401,000 MRED MLS
25 Jun, 2015 Under contract $429,900 MRED MLS
18 May, 2015 Listed for sale $429,900 MRED MLS
26 Aug, 2022 Sold $642,000 MRED MLS
20 Jul, 2022 Under contract $649,000 MRED MLS
Last price change $665,000 MRED MLS
17 Jun, 2022 Listed for sale $665,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished

Other Specifics

1
50X125
Not in DB

Tax History

Year Property Taxes
2015 $11,941
2022 $17,343

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Listing Provided By

Berkshire Hathaway HomeServices Chicago