7415 Dixon Street
Forest Park, IL, 60130 $ 590,000
Bedrooms5 Baths3.0 Sq 3,014 Monthly Estimate*
$ 3,633
for $590,000 with 5 bedrooms and 3 full baths. This 3,014 square foot home was built in 1923.
Motivated owner welcomes offers for 7415 Dixon Street, a truly rare opportunity in Forest Park-a classic two-unit property on an oversized double lot, just blocks from downtown Forest Park, Oak Park, and River Forest. Properties offering this combination of space, flexibility, and location are exceptionally hard to find. The main residence spans approximately 2,314 square feet and lives like a single-family home, featuring three bedrooms and two full baths. A gracious entry opens to formal living and dining rooms accented by hardwood floors, crown molding, and abundant natural light. A first-floor bedroom with an adjacent full bath provides ideal flexibility for guests, in-laws, or multigenerational living. The kitchen offers 42" maple cabinetry, ample counter space, and stainless steel appliances, flowing seamlessly into a breakfast area and sunroom with newer Andersen windows overlooking the expansive yard. Upstairs, you'll find two additional bedrooms, a home office, and an expansive family/recreation room, perfect for working from home, entertaining, or creating a separate living zone. The second unit is a self-contained two-bedroom, one-bath in-suite apartment of approximately 700 square feet, currently rented month-to-month at $850 per month, offering immediate income potential or flexibility for owner-occupants. Set on a lush double lot with mature trees, perennial gardens, and two garages, the outdoor space is truly exceptional-ideal for gardening, entertaining, expansion, or future development. The basement provides additional versatility with laundry, storage, and living options. Whether your vision is to enjoy as a spacious owner-occupied home, maximize rental income, or reconfigure into a three-unit investment, this property delivers rare upside in a premier location. Close to restaurants, shops, parks, the Green Line, Metra, and I-290, with easy access to Oak Park, River Forest, O'Hare, and Midway. Bring your vision-opportunities like this don't come along often.
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FeaturesGeneralSewer Storm Sewer
Heating Natural Gas Electric Radiator(s)
Possession Closing
Garage Spaces 4
Architectural Style Victorian
Construction Materials Vinyl Siding Other
Year Built 1923
Township Proviso
Tax Year 2024
Ownership Fee Simple
Community Features Sidewalks Street Lights
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status Price Change
Directions From Harlem go west on Randolph North on Brown East on Dixon to property.
City Forest Park
High School District 209
MLS Area Forest Park
Elementary School Garfield Elementary School
Tax Annual Amount 13181
Standard Status Active
Middle/Junior School District 91
Elementary School District 91
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InteriorBasement Finished Exterior Entry Partial
Total Bedrooms 5
Room Type Foyer Loft Sun Room
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Yes Detached Off Alley
Water Source Lake Michigan
Total Parking 8
Lot Dimensions 7750
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices ChicagoBroker
rhann@bhhschicago.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,633
- Monthly Property Taxes
- $1,098
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Forest Park, IL
Average List Price $547,000
Percent of Sale Price 7%
About Forest Park, IL 14,146 Population
-9% Since 2002
$ 52,758 Median Income
41.46 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
565690 Elementary School
567770 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/15/2026 | $590,000 | -1.67% | Price Down |
| 1/16/2026 | $600,000 | -2.83% | Price Down |
| 11/14/2025 | $617,500 | -0.40% | Price Down |
| 10/9/2025 | $620,000 | -0.80% | Price Down |
| 8/22/2025 | $625,000 | | Listed Price |