$492,500
$525,900
6.4%For more information regarding the value of a property, please contact us for a free consultation.
1220 Marengo AVE Forest Park, IL 60130
6 Beds
5 Baths
6,098 Sqft Lot
Key Details
Sold Price $492,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11023043
Sold Date 06/29/21
Bedrooms 6
Full Baths 5
Year Built 1973
Annual Tax Amount $13,551
Tax Year 2019
Lot Size 6,098 Sqft
Lot Dimensions 6,125
Property Sub-Type Two to Four Units
Property Description
8.01% CAP Rate 8 GRM estimated. Total Annual Gross Income including units and coin laundry is $62,592. Total Annual Expenses including utilities and property tax is $18,994.28. Current property tax is $13,551.53. 2 year old roof and few apartments remodeled last year. Property located on a quiet residential street, but close to the highway and shopping centers. 1 - 3 Bedrooms 2 Full Baths. 3 - 1 Bedroom 1 Full Bath. 4 assigned parking spaces for tenants. Utility room and coin operated laundry are in basement. Close to Harlem Ave, schools, park, shopping, I-290, CTA Blue Line and Metra. Great tenants, clean and well managed building. Ready for pre-qualified investors or owner occupants.
Location
State IL
County Cook
Area Forest Park
Rooms
Basement Finished, Full
Interior
Heating Natural Gas
Fireplace N
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Betsy Ross Elementary School
Middle Schools Forest Park Middle School
High Schools Proviso East High School
School District 91 , 91, 209
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Keith Tarasiewicz of Redfin Corporation
Nearby Locations