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922 Marengo Avenue

Forest Park, IL 60130
  • $599,900
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • MLS #: 11455939
Under Contract
UPDATED: 35 min ago
$599,900
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Information

Elementary School:
School District:
91

Description

Here's what everyone wants! Solid brick, truly turnkey 3 unit building in Forest Park. Built in 1984, and extensively rehabbed in 2010, this perfectly maintained building is an outstanding investment! As it stands right now, simply purchase and rent out the basement for a competitive yield. Current rents could be pushed slightly higher to maximize returns. No deferred maintenance - new sewer line and tuckpointing was just performed! These apartments are jumbo sized, and live great! The two 3 bedroom units have modern kitchens with separate dining areas, great sized bedrooms, including one that is ensuite to a half bath (could rework to make a full bath primary suite). Detached 3 car garage for parking behind the large yard! Perfect for an investor or owner occupant - building will comply with VA or FHA lending. This prime location is a block from Roos Rec Center, 2 blocks to the blue line, and an easy walk to Madison Ave. These opportunities are rare in FP - don't miss it!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2022-08-13T13:00:17.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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922 Marengo Avenue Forest Park, IL 60130

  • Price: $599,900
  • Status: Active Under Contract
  • On Site: 37 Days
  • Updated: 35 min ago
  • MLS #: 11455939
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1984
Built
Neighborhood:
Forest Park
County:
Cook
Area:
Forest Park
Elementary School:
Betsy Ross Elementary School
High School:
Proviso East High School
School District:
91
Property Description
Here's what everyone wants! Solid brick, truly turnkey 3 unit building in Forest Park. Built in 1984, and extensively rehabbed in 2010, this perfectly maintained building is an outstanding investment! As it stands right now, simply purchase and rent out the basement for a competitive yield. Current rents could be pushed slightly higher to maximize returns. No deferred maintenance - new sewer line and tuckpointing was just performed! These apartments are jumbo sized, and live great! The two 3 bedroom units have modern kitchens with separate dining areas, great sized bedrooms, including one that is ensuite to a half bath (could rework to make a full bath primary suite). Detached 3 car garage for parking behind the large yard! Perfect for an investor or owner occupant - building will comply with VA or FHA lending. This prime location is a block from Roos Rec Center, 2 blocks to the blue line, and an easy walk to Madison Ave. These opportunities are rare in FP - don't miss it!
Exterior Features

Exterior Building Type Brick Exterior Features Patio Garage Details Garage Door Opener(S)Transmitter(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Roof Asphalt Waterfront YN No

Interior Features

Basement Finished Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 3 Half Baths In Building 2 Heating SteamBaseboardRadiantIndv Controls Rooms Total 22

Property Features

Age 31-40 Years Built Before1978 YN No Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Forest Park General Information Commuter Train Gross Income 62400 Insurance Expense 2956 Maintenance Expense 1056 Mls Actual Status Contingent Net Operating Income 49363 New Construction YN No Other Additional Income Coin Laundry Other Equipment Co DetectorsCeiling Fan(S)Sump Pump Ownership Fee Simple Rebuilt YN No Rehab Year 2010 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 11683 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 63600 Township Proviso Type Two To Four Units Water Source Lake MichiganPublic Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Scout Real Estate Partners.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2022-08-13T13:00:17.09 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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