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Forest Park 60130
516 Marengo Avenue
$740,000
● House - Off Market

516 Marengo Avenue

Forest Park, IL 60130
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,700 Ft²
$5,124
Est. Monthly
5.66%
Cap Rate

About This Property

Don't miss this amazing opportunity to mark your stamp in the history of this wonderful Forest Park home. Beautifully presented and immaculately maintained residence; this stunning Prairie style property is sure to impress. The home features 5 bedrooms, 3 full bathrooms and a detached 3 car garage. The grand scale of the home at approx. 3700 sqft. and the exquisite original millwork make the home so inviting, you feel like you're walking into something very special to create long lasting memories with family and friends. As you enter the home you are immediately drawn into the living room, the space is ideal for large parties & intimate family gatherings, which leads to the large attached all season sun-room / porch overlooking the perfectly landscaped lawn and boulevard.  The dining room features original preserved stain glass windows, and the kitchen was thoughtfully crafted to mold into the fabric of the homes original design but with a contemporary feel to meet today's acquired taste and finishes. Also, on the main level we have the primary bedroom en-suite, the 2nd and 3rd bedrooms and a full bathroom. The upper level leads us to what feels like a home within a home: an enormous space that can be used as a family/media/recreational room, along with a 2nd dining area and an in-home office nook. The 4th and 5th bedrooms and 3rd full bathroom complete the space, it is a very multi-functional space, and could be the perfect in-law / guest suite of the home. The full level partially finished basement has exceptional storage and rooms for an array of hobbies & crafts. The laundry is on this level also. The rear exterior patio and lawn are the perfect outdoor retreats. This home is Ideally located with quick access to the expressway, CTA Blue line, and steps from all the restaurants & shopping on Madison Ave. Only 3 families have had the pleasure of living in this property over the past 100 years, there is no better testament to the quality of life this home will bring you! Welcome home!!
Unit Size
3,700 Ft²
Days on Market
-
Land Size
-
Price per sqft
$202
Property Type
House
Property Taxes
$1,445
HOA Dues
-
Year Built
1915

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Last updated: 2 years ago (MRED MLS #12151832)

Price History

Date / Event Date Event Price
Dec 10, 2024 Sold
Sold
Oct 15, 2024 In contract -
In contract
Sep 9, 2024 Listed by Berkshire Hathaway HomeServices Chicago $749,000
Listed by Berkshire Hathaway HomeServices Chicago
May 23, 2024 Listed by Berkshire Hathaway HomeServices Chicago $749,000
Listed by Berkshire Hathaway HomeServices Chicago
Don't miss this amazing opportunity to mark your stamp in the history of this wonderful Forest Park home. Beautifully presented and immaculately maintained residence; this stunning Prairie style property is sure to impress. The home features 5 bedrooms, 3 full bathrooms and a detached 3 car garage. The grand scale of the home at approx. 3700 sqft. and the exquisite original millwork make the home so inviting, you feel like you're walking into something very special to create long lasting memories with family and friends. As you enter the home you are immediately drawn into the living room, the space is ideal for large parties & intimate family gatherings, which leads to the large attached all season sun-room / porch overlooking the perfectly landscaped lawn and boulevard. The dining room features original preserved stain glass windows, and the kitchen was thoughtfully crafted to mold into the fabric of the homes original design but with a contemporary feel to meet today's acquired taste and finishes. Also, on the main level we have the primary bedroom en-suite, the 2nd and 3rd bedrooms and a full bathroom. The upper level leads us to what feels like a home within a home: an enormous space that can be used as a family/media/recreational room, along with a 2nd dining area and an in-home office nook. The 4th and 5th bedrooms and 3rd full bathroom complete the space, it is a very multi-functional space, and could be the perfect in-law / guest suite of the home. The full level partially finished basement has exceptional storage and rooms for an array of hobbies & crafts. The laundry is on this level also. The rear exterior patio and lawn are the perfect outdoor retreats. This home is Ideally located with quick access to the expressway, CTA Blue line, and steps from all the restaurants & shopping on Madison Ave. Only 3 families have had the pleasure of living in this property over the past 100 years, there is no better testament to the quality of life this home will bring you! Welcome home!!

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • 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: 3,481
  • Gross Building Area: 3,481
  • Building Area: 3,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,481
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CARNEYS ADD
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (RESUBDIVISION) OF LT6 OF BLK3 LTS 6-7 OF BLK4 LTS1&2 OF BLK5 BLK7 & PT OF BLK6 IN CARNEYS ADD TO HARLEM IN SEC13 SEC 13-39-1

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816000

Geography

  • District: 31
  • Parcel: 15-13-214-005-0000
  • Block: 2-7
  • Lot: 1,2,6
  • Meridian: SEC 13 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8771
  • Longitude: -87.8066

    Address

  • Full Address: 516 Marengo Ave
  • Address - House Number: 516
  • Address - Street Name: Marengo
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Forest Park
  • Carrier Code: C002
  • 4-Digit Zip Code: 1915
  • Zip Code: 60130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,588,435
  • Tax Rate Code Area: 31038

    Appraisal Valuation

  • Standard Deviation: 0.232
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 720,264
  • High Value: 887,401
  • Low Value: 553,126

    Market Valuation

  • Market Total Value: $612,350
  • Market Land Value: $80,000
  • Market Improvement Value: $532,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,235
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $53,235

    Sales

  • Current Sale Contract Date: Aug 17, 2006
  • Current Sale Recording Date: Sep 18, 2006
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0626126143
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forest Park


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Frequently Asked Questions

When was property at 516 Marengo Avenue built and last sold?
The property at 516 Marengo Avenue was built in 1915 and last sold on Aug 17, 2006 for $612,500.
How much is this home worth?
The estimated value of the home located at 516 Marengo Avenue is $0.
What are some comparable homes to 516 Marengo Avenue?
There are currently no comparable homes to 516 Marengo Avenue.