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$549,000
Est. payment /mo
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12601682
Style Traditional
Bedrooms 6
Maintenance Fees $2,561
Year Built 1904
Annual Tax Amount $11,377
Tax Year 2024
Lot Dimensions 28 X 125
Property Sub-Type Two to Four Units
Property Description
Welcome to your next great investment or owner-occupied opportunity in the heart of Forest Park! While you might see standard multi-unit buildings hitting the market, this unique property stands out by offering an incredible, flexible setup: a charming front two-flat plus a beautifully refreshed rear coach house with a fenced yard between the buildings. Coach house recently vacated after a 4-year tenancy. Front building units are on month-to-month leases. Whether you are looking to house-hack by living in the private coach house while the front units add to your income, or you want a solid, income-producing addition to your portfolio, this property is ready to deliver. All units have been consistently rented, demonstrating a proven track record of demand and income. Truly fabulous location in close proximity to Forest Park's Madison Street corridor just steps away from shops, restaurants, entertainment and vibrant community events. Parking is rented for tenants right across the street at Silverland Bakery @$60/space. This arrangement has been in place for the last 15 years. Some deferred maintenance is reflected in the price. Offered as-is.
Location
State IL
County Cook
Area Forest Park
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Baseboard, Radiator(s)
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Cedar,Shake Siding, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Cedar,Shake Siding
New Construction false
Schools
School District 91 , 91, 209
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Marion Digre of RE/MAX In The Village
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