Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
17 Properties Within 0.5 miles of: 7625 Monroe, Forest Park

7625 Monroe
Forest Park, IL 60130

  • 5 Beds
  • Built In 1904
Price

$549,000

Est Payment
$3,713 / month (details)  
Taxes
$11,378  
Beds
5  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
28 X 125  
Built
1904  
Neighborhood
Forest Park  
MLS
#12601682
Status
Active (1 day)

Property Description

Welcome to your next great investment or owner-occupied opportunity in the heart of Forest Park! While you might see standard multi-unit buildings hitting the market, this unique property stands out by offering an incredible, flexible setup: a charming front two-flat plus a beautifully refreshed rear coach house with a fenced yard between the buildings. Coach house recently vacated after a 4-year tenancy. Front building units are on month-to-month leases. Whether you are looking to house-hack by living in the private coach house while the front units add to your income, or you want a solid, income-producing addition to your portfolio, this property is ready to deliver. All units have been consistently rented, demonstrating a proven track record of demand and income. Truly fabulous location in close proximity to Forest Park's Madison Street corridor just steps away from shops, restaurants, entertainment and vibrant community events. Parking is rented for tenants right across the street at Silverland Bakery @$60/space. This arrangement has been in place for the last 15 years. Some deferred maintenance is reflected in the price. Offered as-is.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Baseboard, Radiator(s)
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
Parking not included in price
Schools
District 209, District 91

Payment Calculator

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

Listing History

04-07-2026 Listed at $549,000
Last Modified 4/7/26 2:00 PM

Nearby Transportation

  • Bus 90 0.8 mi
  • Union Pacific West 0.8 mi
  • Blue Line 0.3 mi
  • Green Line 0.8 mi
  • I 290 West 0.3 mi
  • I 290 East 0.6 mi
  • I 88 East 3.6 mi
grid
Register to see 2 more properties