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12 Properties Within 0.5 miles of: 1401 Marengo, Forest Park
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1401 Marengo
Forest Park, IL 60130

  • Built In 1962
Price

$725,000

Est Payment
$5,554 / month (details)  
Taxes
$19,548  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
41X126  
Built
1962  
Neighborhood
Forest Park  
MLS
#11966180
Status
Cancelled

Property Description

Welcome to the heartbeat of Forest Park! Nestled in this vibrant, hipster haven just moments from downtown Chicago, this 6-flat investment property embodies convenience and community charm. Built in 1961, this sturdy brick building houses 5 active tenants across its 6 well-maintained units. Boasting a total of 8 bedrooms and 6 full baths, this property offers a diverse layout, featuring four two-bedroom apartments and two cozy one-bedroom garden units. Most of the bathrooms have been updated since 2018 with new tile, updated porcelain, new vanity in a bright and upbeat well-lit bathroom. Most of the kitchens have been updated since 2018 with new sinks, appliances, newly painted cabinetry and flooring. Positioned on a corner lot, this property surprises with its spaciousness, showcasing expansive grassy areas between the sidewalk and curb. Convenience meets comfort with shared amenities including low-cost laundry in the basement, ensuring an easy, hassle-free living experience for tenants. There is dedicated outdoor parking for each unit. Forest Park is more than a location; it's a lifestyle-a place where live, work, play, dine, and shop converge seamlessly amidst a backdrop of year-round festivals and family events. Don't miss this opportunity to invest in the beating heart of a community that embodies the essence of modern living.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
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Assessments
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Home Insurance
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Mortgage Insurance
$0

Listing History

01-23-2024 Listed at $749,900
02-23-2024 Price decreased by $24,900 to $725,000
03-30-2024 Status changed to Under Contract
04-05-2024 Status changed to Cancelled
Last Modified 4/5/24 10:01 AM

Nearby Transportation

  • Bus 21 0.7 mi
  • Blue Line 0.8 mi
  • I 290 East 0.9 mi
  • I 290 West 0.9 mi
  • I 88 East 3.9 mi
  • Hwy 171 South 4.0 mi
  • Hwy 171 North 4.0 mi
  • I 55 South 4.1 mi
  • I 55 North 4.1 mi
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