$725,000 Price Analysis 1401 Marengo AveForest Park, IL 60130 Unknown bed 2 bath unknown SqFt ($0/SqFt) 5,166SqFt lot. Built 1962 Listed 2024-04-05, Taxes $19,048 | Ⓧ USDA Ineligible due to location near Forest Park |
Nestled in this vibrant, hipster haven moments from downtown Chicago, this 6-flat investment property embodies convenience and community charm. Built in 1961, this sturdy brick building houses 5 active tenants across its 6 well-maintained units. Boasting a total of 8 bedrooms and 6 full baths, this property offers a diverse layout, featuring four two-bedroom apartments and two cozy one-bedroom garden units. Most of the bathrooms have been updated since 2018 with new tile, updated porcelain, new vanity in a bright and upbeat well-lit bathroom.
Most of the kitchens have been updated since 2018 with new sinks, appliances, newly painted cabinetry and flooring. Positioned on a corner lot, this property surprises with its spaciousness, showcasing expansive grassy ares between the sidewalk and curb. Convenience meets comfort with shared amenities including low-cost laundry in the basement, ensuring an easy, hassle-free living experience for tenants. There is dedicated outdoor parking for each unit. Forest Park is more than a location; it's a lifestyle-a place where live, work, play, dine and shop converge seamlessly amidst a backdrop of year-round festivals and family events. Don't miss this opportunity to invest in the beating heart of a community that embodies the essence of modern living.
Presented by Marty Dunne at
Berkshire Hathaway HomeServices Chicago.
Property MLS #12021824 from MRED
Year | Assessments Building + Land Total | Tax |
---|---|---|
2020 | $54,561 + $2,857 $57,418 | $19,048 |
2019 | $45,998 + $2,609 $48,607 | $17,114 |
2018 | $45,998 + $2,609 $48,607 | $16,762 |
2017 | $45,998 + $2,609 $48,607 | $16,393 |
2016 | $36,416 + $2,360 $38,776 | $13,895 |
2015 | $36,416 + $2,360 $38,776 | $13,678 |
2014 | $36,416 + $2,360 $38,776 | $13,419 |
2013 | $32,647 + $2,360 $35,007 | $11,321 |
2012 | $32,647 + $2,360 $35,007 | $10,980 |
2011 | $32,647 + $2,360 $35,007 | $10,839 |
2010 | $38,357 + $2,360 $40,717 | $11,739 |
2009 | $38,357 + $2,360 $40,717 | $11,354 |
2007 | $39,820 + $2,981 $42,801 | $10,755 |
2006 | $39,820 + $2,981 $42,801 | $10,433 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.