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Map
$449,000
●
Multifamily -
For Sale
122 BELVIDERE Avenue
Forest Park, IL 60130
4 Beds
0 Bath
$2,561
Estimated Monthly
$0
HOA / Fees
About This Property
Introducing a remarkable investment opportunity that promises both
an impressive income stream and a chance to live in one unit while
renting out the other. Nestled on the desirable North End of Forest
Park, this stunning two-unit building is conveniently located in
close proximity to the Metra and Green Line "L" stations, ensuring
easy access to transportation. Boasting an attractive
exterior with aluminum siding, this property exudes charm and
character. Step inside to discover a spacious first-floor owner's
unit, offering ample living space and direct access to a full
unfinished basement-an ideal canvas for creating additional living
areas or storage space to suit your needs. The rental unit,
although cozy, presents an excellent opportunity for generating
consistent rental income. Both units feature separate
forced air heating, ensuring optimal comfort for all occupants.
Outside, a delightful yard awaits, accompanied by a three-car
garage-an invaluable asset in this neighborhood. While the property
may require a little tender loving care, it presents an incredible
opportunity for the next visionary owner to transform it into a
magnificent investment. The location of this property
is simply unbeatable, earning a phenomenal 95% Walk Score,
classifying it as a Walker's Paradise. Leave your car behind as
daily errands can be accomplished on foot, enhancing convenience
and reducing commuting stress. Additionally, the property is just a
short 10-minute stroll from the Harlem-Green stop on the Green Line
and offers easy access to the Forest Park terminal on the CTA Blue
Line, making commuting a breeze. For those who prefer
biking, the property boasts a commendable 55% Bike Score, providing
excellent cycling infrastructure and options for outdoor
enthusiasts. Enjoy nearby parks such as Cummings Square, Mills
Park, and Austin Gardens Park, perfect for leisurely strolls,
picnics, or active recreation. Forest Park itself
offers an array of amenities and attractions. The Park District of
Forest Park features a magnificent 15-acre park with an aquatic
center, providing opportunities for relaxation and enjoyment. The
village also offers a vibrant shopping scene on Madison Street,
where you'll find a delightful mix of antique merchants, boutiques,
and exceptional dining establishments. In fact, Forest Park was
recently recognized by the readers of the Chicago Tribune as the
"Best Neighborhood Dining" in the entire Chicago area-a testament
to its culinary excellence. Education is well-catered
for in Forest Park, with the property falling within the esteemed
Forest Park School District 91 and Proviso Township High Schools
District 209. The community boasts four excellent elementary
schools and the Forest Park Middle School, ensuring a quality
education for children. Additionally, the renowned Proviso
Mathematics and Science Academy, a prestigious magnet school, is
conveniently located right here in Forest Park.
Currently, the property has a month-to-month tenant,
providing a flexible arrangement for the next owner. The rental
terms include a $1000 security deposit and a monthly rent of $950,
which also includes one parking space in the garage-an added
convenience for tenants. *Tenant would love the opportunity to
extend their lease, well into the future, should an investor or
home owner be interested in that opportunity. Embrace
the opportunity to secure this remarkable investment property and
unlock the potential for substantial monthly income and mortgage
contributions. With its unbeatable location, charming features, and
incredible potential, this property truly epitomizes the epitome of
a fantastic investment opportunity. Don't miss out-schedule your
showing today and envision the possibilities that await!
Unit Size
-
Days on Market
350 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$356
HOA Dues
-
Year Built
1878
Listed By
Last updated: 5 months ago (MREDIL #11785114)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 9, 2023 | Relisted | $449,000 | |
Relisted | |||
Jul 8, 2023 | No longer available | - | |
No longer available | |||
Jun 21, 2023 | Price Decreased |
$449,000
↓ $26K
(5.5%)
|
|
Price Decreased | |||
May 17, 2023 | Listed by Dream Town Realty | $475,000 | |
Listed by Dream Town Realty |
Property Highlights
Exterior Details
Exterior Information
Aluminum Siding
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
3
Baths
1,985 ft²
$219/ft²
$435,000
May 24, 2023
-
$905/mo
In Contract
Townhouse
3
Beds
3.5
Baths
2,203 ft²
$225/ft²
$495,000
May 24, 2023
-
$1,516/mo
In Contract
Townhouse
3
Beds
4.5
Baths
2,450 ft²
$204/ft²
$499,000
Jun 7, 2023
-
$1,335/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
122 Belvidere Avenue
122 Belvidere Avenue, Forest Park, IL 60130
- 1 Unit for Sale
About Forest Park
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