427 Elgin Avenue, Forest Park, Illinois 60130

$419,800
4
BD
2
BA
List Price
$419,800
Price Change
▼ $15,200 1656618157
MLS#
MRD11396671
Status
ACTIVE
Type
Multifamily
Subtype
Two to Four Units
Bedrooms
4
Bathrooms
2
County
Cook
City
Forest Park
Neighborhood
Forest Park
Days On Market
105

Property Description

Charming Farmhouse two flat in best downtown Forest Park location! The numbers don't lie.This is a fabulous opportunity to run your own Airbnb, Own for less than rent or property works for an investor too.. Owner occupied first floor can be rented for $1800+, the 2nd floor can be rented for $1400+ monthly. Tons of additional income with the garage which fits 4 cars in tandem and the three parking spaces will fit 6 cars total in tandem. The first-floor owners' unit is very spacious and features formal living room and dining room and a wonderful eat in kitchen with ample table space. First floor bath has also been nicely remodeled. There are two bedrooms on this floor. Walk out the back door to a large deck. Unit has high ceilings and lovely hard wood floors. The units have separate electric. The 2nd floor unit is currently vacant. This unit has a huge eat-in white cabinet kitchen and ceramic tile bath. There is a very open combined living room/dining room along with 2 spacious bedrooms on second. The high-ceilinged basement is unfinished but provides laundry, storage and has a walk out to back yard.. Huge fenced in yard with large deck! Truly a great Forest Park find... walking distance to metra, el, HOT downtown Forest Park, Oak Park and River Forest!

Additional Information

School District
209
Elementary School
Garfield Elementary School
Middle School
Forest Park Middle School
High School
Proviso East High School
Corporate Limits
Forest Park
Tax Year
2020
Tax Exemptions
Homeowner
Year Built
1902
Exterior Building Type
Aluminum Siding
Lot Dimensions
50X160
Lot Size Range
Less Than .25 Acre
Units
2
Parking
Garage, Space/s
Number Of Cars
10
Garage Spaces
4
Garage
Garage Door Opener(s), Transmitter(s), Tandem
Parking Spaces
6
Parking Ownership
Owned
Parking On Site
Yes
Parking Details
Off Alley
Heating
Natural Gas, Steam
Sewer
Public Sewer, Sewer-Storm
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX In The Village.



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