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Off market
  • $503,500

    427 Elgin Ave, Forest Park, IL 60130

    4beds
    2baths
    1,875sqft
    MultiFamily
    Built in 1902
    -- sqft lot
    $503,500 Zestimate®
    $269/sqft
    $2,007 Estimated rent

    Home value

    $503,500

    $468,000 - $544,000

    $2,007/mo

    Zestimate® history
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    $2,007/mo

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    $3,555/mo

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    $3,555/mo

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    What's special

    Unbeatable location for this charming farmhouse 2 flat in highly desirable downtown Forest Park! Fabulous opportunity to run your own Airbnb, Own for less than rent or become a smart investor. First floor could be rented for $1800+ and 2nd 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. There are two bedrooms on this floor and a remodeled bath. Walk out the back door to a large deck. Unit has high ceilings and lovely hardwood floors. 2nd floor unit has an eat-in white cabinet kitchen, a remodeled ceramic tile bath. Very open combined living room/dining room along with 2 spacious bedrooms. The high-ceilinged basement is unfinished but provides laundry, storage and has a walk out to huge fenced in back yard(50x160)! The property also has all new windows. Truly a great Forest Park find... walking distance to Metra, El, downtown Forest Park with numerous restaurants, shops and fun festivals. EZ access to 290 expressway, downtown Oak Park and River Forest. Hi! It's kyra pych w RE/MAX regarding 427 Elgin 2 flat in Forest Park. monthly utilities averages Electric: 2nd floor approximately $20 1st floor approximately $35 HEAT: winter months approximately $300 Off seasons approximately $75 Water: $127 every other month Lawn: $160 per month weekly service No service for snow removal (self removed)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Other
    Cooling
    • None
    Interior area
    • Total interior livable area: 1,875 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 8,000 sqft
    Details
    • Parcel number: 1513206022

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1902

    Community & neighborhood

    Location
    • Region: Forest Park

    Price history

    DateEventPrice
    12/12/2022Sold$360,000-9.8%$192/sqft
    Source: MRED as distributed by MLS GRID #11621197 Report a problem
    10/18/2022Pending sale$399,000$213/sqft
    Source: RE/MAX International #11621197 Report a problem
    10/18/2022Contingent$399,000$213/sqft
    Source: MRED as distributed by MLS GRID #11621197 Report a problem
    9/3/2022Price change$399,000-5%$213/sqft
    Source: MRED as distributed by MLS GRID #11621197 Report a problem
    6/30/2022Price change$419,800-3.5%$224/sqft
    Source: MRED as distributed by MLS GRID #11396671 Report a problem
    5/14/2022Price change$435,000-3.1%$232/sqft
    Source: MRED as distributed by MLS GRID #11396671 Report a problem
    5/6/2022Listed for sale$448,800+28.2%$239/sqft
    Source: MRED as distributed by MLS GRID #11396671 Report a problem
    6/6/2005Sold$350,000+120.1%$187/sqft
    Source: Public Record Report a problem
    12/7/1999Sold$159,000$85/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $38,000
    2023$11,414 -7.5%$38,000 +0.4%
    2022$12,337 +5%$37,840
    2021$11,749 +1.9%$37,840
    2020$11,524 +19.3%$37,840 +22.6%
    2019$9,661 +2.1%$30,866
    2018$9,460 +2%$30,866
    2017$9,272 -1.6%$30,866 +7.2%
    2016$9,425 +2.1%$28,798
    2015$9,233 +1.7%$28,798
    2014$9,078 +7.5%$28,798 +0.2%
    2013$8,446 +2.6%$28,744
    2012$8,233 +7.9%$28,744 -2.6%
    2011$7,628 -9.2%$29,513 -16.2%
    2010$8,405 +2.3%$35,213 -5.3%
    2009$8,217 +20.1%$37,181 -5%
    2008$6,842 +10.8%$39,138 +23.9%
    2007$6,173 -6.1%$31,598 -8%
    2006$6,571 -19.2%$34,344
    2005$8,134 +60.9%$34,344 +74.9%
    2004$5,057 +5.2%$19,636
    2003$4,807 +16.9%$19,636
    2002$4,111 +7.2%$19,636 +21.6%
    2001$3,834 +5.9%$16,142
    2000$3,619 +15.6%$16,142
    1999$3,129 $16,142

    Find assessor info on the county website

    Neighborhood: 60130

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $503,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $503,500