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1214 Marengo Avenue Forest Park, IL $ 1,050,000
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1214 Marengo Avenue
$ 1,050,000
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1214 Marengo Avenue

Forest Park, IL, 60130
$ 1,050,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 6,630

1214 Marengo Avenue, Forest Park, IL 60130 - Image 1
1214 Marengo Avenue, Forest Park, IL 60130 - Image 2
1214 Marengo Avenue, Forest Park, IL 60130 - Image 3
1214 Marengo Avenue, Forest Park, IL 60130 - Image 4
1214 Marengo Avenue, Forest Park, IL 60130 - Image 5
1214 Marengo Avenue, Forest Park, IL 60130 - Image 6
1214 Marengo Avenue, Forest Park, IL 60130 - Image 7
1214 Marengo Avenue, Forest Park, IL 60130 - Image 8

Multi-Family Home for sale in Forest Park, IL

for $1,050,000 with 3 bedrooms. This home was built in 1966.

The subject investment property is a 6 unit walkup located in Forest Park. The property is comprised of four, one-bedroom / one-bath and two, two-bedroom / one-bath units. A total of three units have been recently rehabbed. The property features five parking spaces at the rear of the property. Current ownership has taken pride in the maintenance of the asset. A qualified investor has the opportunity to acquire a well maintained asset in an attractive Forest Park location with immediate upside in renovating the three remaining apartments to increase cash flow. Excellent Forest Park Location - Attractive Unit Mix 1 & 2 Bedroom Layouts - Surface Parking - Immediate Upside in Rents

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 16,060

Style

Year Built

1966

Town/City

Forest Park

County/Region

Cook

MLS | Web ID

12743148
Features
General
Zoning MULTI
Year Built 1966
Tenant Pays Electricity
Stories Count 2
Township Proviso
Tax Year 2025
Gross Income 9415
County Cook
Net Operating Income 83200
Operating Expense 30730
Insurance Expense 3952
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 1500
Status New
Directions 290 East to Harlem. Harlem South to Roosevelt. Roosevelt West to Marengo. Marengo south to property.
City Forest Park
Number Of Units Total 6
MLS Area Forest Park
Tax Annual Amount 16060
Electric Expense 777
Fuel Expense 2318
Trash Expense 951
Water Sewer Expense 4796
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 90X100
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* Excluded Features
List By
Vollman Real Estate

Broker

vollman5@gmail.com

Email

Affordability Calculator

$7,968
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,630
Monthly Property Taxes
$1,338
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
8/26/2026$1,050,000 Listed Price

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1214 Marengo Avenue, Forest Park, IL, 60130 is a Multi-Family Home for sale at $1,050,000. 1214 Marengo Avenue has 3 bedrooms, 0.0 baths, and was built in 1966. The property's zip code is 60130 which is in Forest Park, IL

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