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Sold for $485,000
  • $485,000

    509 Elgin Ave, Forest Park, IL 60130

    4beds
    --sqft
    Multi Family
    Built in 1894
    -- sqft lot
    $549,900 Zestimate®
    $--/sqft
    $2,123 Estimated rent

    Home value

    $549,900

    $522,000 - $577,000

    $2,123/mo

    Zestimate® history
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    What's special

    ** Multiple offers received, highest and best offers due by Sunday at 7 PM ** Welcome to this charming 2-unit building in downtown Forest Park, offering an ideal blend of comfort and convenience. Step into the updated owner's unit flooded with natural light and modern finishes. The recently renovated kitchen features two-tone cabinets, stone counters, stainless steel appliances, and a movable island. Large windows throughout the unit enhance the bright, airy atmosphere, complemented by modern paint colors and an updated bathroom. Located close to restaurants, shops, parking, and public transportation including the el and I-290, this property provides easy access to all downtown Forest Park and Oak Park have to offer. The spacious 50X160 lot provides ample outdoor space, while the central location makes it ideal for AirBnB or rental opportunities. Live in the first floor and rent out the 2nd floor unit, offering 2 beds, 1 bath and additional parking in back to supplement your monthly expenses. Experience the best of Forest Park living in this inviting space, whether making it your home or seizing a lucrative investment opportunity.

    Zillow last checked:

    Bought with:

    , stephaniem@atproperties.com

    Berkshire Hathaway HomeServices Chicago

    Source: @Properties sold,MLS#: 12035525

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Has basement: Yes

    Property

    Details
    • Parcel number: 1513214012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    Condition
    • Year built: 1894

    Community & HOA

    Location
    • Region: Forest Park

    Financial & listing details

    • Tax assessed value: $360,000
    • Date on market: 6/4/2024

    Price history

    DateEventPrice
    5/29/2024Sold$485,000+26%
    Source: MRED as distributed by MLS GRID #12035525 Report a problem
    4/13/2021Sold$385,000-3.5%
    Source: Public Record Report a problem
    2/12/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    2/12/2021Contingent$399,000+11.8%
    Source: MRED as distributed by MLS GRID #10988932 Report a problem
    2/6/2021Listed for rent$1,575
    Source: Zillow Rental Network Premium Report a problem
    2/15/2006Sold$357,000+93%
    Source: Public Record Report a problem
    4/6/1998Sold$185,000+51.6%
    Source: Public Record Report a problem
    10/30/1995Sold$122,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $36,000
    2023$10,813 +22.8%$36,000 +46.6%
    2022$8,804 +5.3%$24,564
    2021$8,363 +2.6%$24,564
    2020$8,149 +1.8%$24,564 +8.1%
    2019$8,002 +2.1%$22,726
    2018$7,837 +2.2%$22,726
    2017$7,665 +7.3%$22,726 +14%
    2016$7,142 +1.6%$19,930
    2015$7,030 +1.9%$19,930
    2014$6,897 -9.8%$19,930 -15.7%
    2013$7,650 +3.1%$23,655
    2012$7,420 +1.3%$23,655
    2011$7,324 -18.3%$23,655 -23.9%
    2010$8,960 +3.4%$31,077
    2009$8,667 +8.7%$31,077 -5%
    2008$7,976 -3%$32,713 0%
    2007$8,221 +3.1%$32,714
    2006$7,975 +32.6%$32,714
    2005$6,014 +34.7%$32,714 +69.7%
    2004$4,464 +4.5%$19,277
    2003$4,271 +16.9%$19,277
    2002$3,654 +15.2%$19,277 +25.3%
    2001$3,173 +5.8%$15,385
    2000$3,001 +2.9%$15,385
    1999$2,917 $15,385
    Find assessor info on the county website

    Neighborhood: 60130

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $549,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $549,900