When was property at 516 Elgin Avenue built and last sold?

The property at 516 Elgin Avenue was built in 1898 and last sold on Aug 12, 2023 for $190,000.

How much is this home worth?

The estimated value of the home located at 516 Elgin Avenue is $0.

What are some comparable homes to 516 Elgin Avenue?

There are currently no comparable homes to 516 Elgin Avenue.

Forest Park

60130

516 Elgin Avenue

$350,000

● House - Off Market

516 Elgin Avenue

Forest Park, IL 60130

6 Beds

2 Baths

1,850 Ft²

$2,576

Est. Monthly

7.27%

Cap Rate

About This Property

Single Family in Forest Park! Freshly painted on the inside and out! All new windows, hardwood floors throughout! Full basement and 2 car garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.

Unit Size

1,850 Ft²

Days on Market

Land Size

Price per sqft

$200

Property Type

House

Property Taxes

$759

HOA Dues

Year Built

1898

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12167464)

Price History

Date / Event	Date	Event
Nov 1, 2024	Sold	Premium
Sold
Oct 9, 2024	In contract	-
In contract
Oct 3, 2024	Price Decreased	$369,900 ↓ $9K (2.4%)
Price Decreased
Sep 28, 2024	Price Decreased	$379,000 ↓ $11K (2.8%)
Price Decreased
Sep 19, 2024	Temporarily off market	-
Temporarily off market
Sep 18, 2024	Listed by Grandview Realty, LLC	$389,900
Listed by Grandview Realty, LLC
Aug 16, 2024	Price Decreased	$404,900 ↓ $5K (1.2%)
Price Decreased
Aug 1, 2024	Price Decreased	$409,900 ↓ $5K (1.2%)
Price Decreased
Jul 11, 2024	Price Decreased	$414,900 ↓ $10K (2.4%)
Price Decreased
Jun 25, 2024	Price Decreased	$424,900 ↓ $15K (3.4%)
Price Decreased
Mar 8, 2024	Listed by Grandview Realty, LLC	$439,900
Listed by Grandview Realty, LLC

	Single Family in Forest Park! Freshly painted on the inside and out! All new windows, hardwood floors throughout! Full basement and 2 car garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.

Property Highlights

Building Info

Overview

General

Year Built: 1898

Effective Year Built: 1898
Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 6
Building Style: 63
Exterior Walls Type: 17
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 11
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,000

Lot Size Depth Feet: 1,600
Lot Size Frontage Feet: 500
Total Building Area: 1,464
Gross Building Area: 1,464
Building Area: 1,464
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 10
Heated Square Feet: 1,464
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CARNEYS ADD TO HARLEM
Land Acres: 0000000184
Standard Land Use Code: 1001
County Land Use Code: 2-05
Legal Description 1: (CARNEYS) ADD TO (HARLEM) IN SEC13 BOOK 33 PAGE 43 SEC 13-39-12

Neighborhood

School District Name: Proviso Township High School District 209

Census Tract: 816000

Geography

District: 31

Parcel: 15-13-215-007-0000
Block: 8
Meridian: SEC 13 TWN 39N RNG 12E
Municipality: PROVISO
Latitude: 41.8771
Longitude: -87.8052

Address

Full Address: 516 Elgin Ave

Address - House Number: 516
Address - Street Name: Elgin
Address - Suffix Type: Ave
State: IL
City Name: Forest Park
Carrier Code: C002
4-Digit Zip Code: 1923
Zip Code: 60130

Valuation

Tax

Tax Year: 2022

Tax Amount: $910,966
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 31038

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 466,808
High Value: 514,005
Low Value: 419,610

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $370,000

Market Land Value: $80,000
Market Improvement Value: $290,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $37,000
Assessed Land Value: $8,000
Assessed Improvements Value: $29,000

Sales

Current Sale Contract Date: Aug 12, 2023

Current Sale Recording Date: Sep 11, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 16040

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Forest Park

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

Average Home Size

1180 ft²

Average Home Age

71.8 years

Currently For Sale

33 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 309 Elgin Avenue, Forest Park, IL, 60130

$3,000 /mo

2 Beds
2 Baths
1,564 ft²

309 Elgin Avenue #D, Forest Park, IL, 60130 Listing by Loretha Lott

Unit for rent at 950 Washington Boulevard, Oak Park, IL, 60302

$3,045 /mo

3 Beds
2 Baths
1,500 ft²

950 Washington Boulevard #101, Oak Park, IL, 60302 Listing by Terrell Shell

Unit for rent at 1508 S 1st Avenue, Maywood, IL, 60153

$3,000 /mo

6 Beds
2 Baths
2,500 ft²

1508 S 1st Avenue, Maywood, IL, 60153 Listing by Babajide Okechukwu

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12167464

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

516 Elgin Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Forest Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions