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  • $790,000

    501 Elgin Ave, Forest Park, IL 60130

    7beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $4,139 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,139/mo

    Zestimate® history
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    What's special

    Rare opportunity to own three units in a prime Forest Park location - stunning blend of vintage charm + modern upgrades! Property consists of a main building with two units and basement PLUS a free-standing, two-story coach house with basement. All three LARGE units feature updated kitchens and baths, dishwashers, and their own laundry. 1st floor of main building lives like a single family home - you'll find three bedrooms (one currently built out as a home gym!), an office, and a formal dining room. Prepare to fall in love with high ceilings, intricately detailed hardwood floors, stained glass windows, built-ins, original woodwork and more. This unit has access to a massive basement as well as a large storage closet. Recently renovated 4 season back porch off the kitchen with built-in seating and great view of the yard. Second floor unit boasts two bedrooms, a walk-in closet, and a cozy back porch overlooking the garden. Free standing coach house features two full bedrooms, two full baths, and full basement. Gorgeous details include a claw foot tub, more stained glass, exquisitely carved wooden doors, a large walk in closet, and primary en-suite. The yard space presents a wide variety of options: relax on the patio, garden, or cook out in a lovely setting. The location is a dream for tenants or an owner-occupant: steps to all the shopping and dining options on Madison Street, blue line, and nearby parks, pool, and rec center! Recent updates include a new roof on the coach house (2020) new gutters on main + coach house (2023) and newer hot water heaters. Don't miss this incredible property!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Warren 847-894-2433,

    Forte Properties, Inc.,

    Sharon Knickerbocker 315-727-2028,

    Forte Properties, Inc.

    Bought with:

    Sarah Anderson

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12438480MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air, Steam, Radiator(s)
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Driveway, On Site, Owned
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    • Fencing: Fenced
    Lot
    • Size: 8,000 Square Feet
    • Dimensions: 50X160
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 15132140100000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany
    • Other equipment: Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Frame, Other
    Condition
    • New construction: No
    • Major remodel year: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Forest Park

    Financial & listing details

    • Tax assessed value: $608,650
    • Annual tax amount: $17,285
    • Date on market: 8/6/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/30/2025Sold$790,000+5.5%
    Source: MRED as distributed by MLS GRID #12438480 Report a problem
    8/12/2025Contingent$749,000
    Source: MRED as distributed by MLS GRID #12438480 Report a problem
    8/6/2025Listed for sale$749,000+41.3%
    Source: MRED as distributed by MLS GRID #12438480 Report a problem
    3/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/13/2024Price change$2,395-4%
    Source: Zillow Rentals Report a problem
    3/12/2024Listed for rent$2,495-4%
    Source: Zillow Rentals Report a problem
    3/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/27/2024Listed for rent$2,600
    Source: Zillow Rentals Report a problem
    7/30/2019Sold$530,000+21.8%
    Source: MRED as distributed by MLS GRID #10382375 Report a problem
    10/7/2013Sold$435,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $60,865
    2023$17,286 -2.7%$60,865 +14.8%
    2022$17,770 +5.1%$53,000
    2021$16,910 +2.2%$53,000
    2020$16,554 +10.2%$53,000 +14.9%
    2019$15,027 +2.1%$46,108
    2018$14,716 +2.1%$46,108
    2017$14,413 +11.3%$46,108 +19.3%
    2016$12,954 +1.9%$38,644
    2015$12,706 -11.6%$38,644 -7%
    2014$14,379 +67.5%$41,547 -5.1%
    2013$8,586 +1.3%$43,774 -16.2%
    2009$8,477 +7%$52,242 -5%
    2008$7,924 +7.2%$54,990 +15.4%
    2007$7,390 +2.1%$47,632
    2006$7,238 +2.5%$47,632
    2005$7,063 -19%$47,632 +33%
    2004$8,723 +66.9%$35,814
    2002$5,225 +3.9%$35,814 +34.2%
    2001$5,028 +6.4%$26,680
    2000$4,725 -0.3%$26,680
    1999$4,740 $26,680
    Find assessor info on the county website

    Neighborhood: 60130

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 91

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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