122 Belvidere Avenue

Forest Park, IL 60130

$449,000
Price
4
Beds
2
Baths
1,702 Sq. Ft.
$264 / Sq. Ft.
1,702
Sq. Ft.
$264
per Sq. Ft.

Description

Introducing a remarkable investment opportunity that promises both an impressive income stream and a chance to live in one unit while renting out the other. Nestled on the desirable North End of Forest Park, this stunning two-unit building is conveniently located in close proximity to the Metra and Green Line "L" stations, ensuring easy access to transportation. Boasting an attractive exterior with aluminum siding, this property exudes charm and character. Step inside to discover a spacious first-floor...Introducing a remarkable investment opportunity that promises both an impressive income stream and a chance to live in one unit while renting out the other. Nestled on the desirable North End of Forest Park, this stunning two-unit building is conveniently located in close proximity to the Metra and Green Line "L" stations, ensuring easy access to transportation. Boasting an attractive exterior with aluminum siding, this property exudes charm and character. Step inside to discover a spacious first-floor owner's unit, offering ample living space and direct access to a full unfinished basement-an ideal canvas for creating additional living areas or storage space to suit your needs. The rental unit, although cozy, presents an excellent opportunity for generating consistent rental income. Both units feature separate forced air heating, ensuring optimal comfort for all occupants. Outside, a delightful yard awaits, accompanied by a three-car garage-an invaluable asset in this neighborhood. While the property may require a little tender loving care, it presents an incredible opportunity for the next visionary owner to transform it into a magnificent investment. The location of this property is simply unbeatable, earning a phenomenal 95% Walk Score, classifying it as a Walker's Paradise. Leave your car behind as daily errands can be accomplished on foot, enhancing convenience and reducing commuting stress. Additionally, the property is just a short 10-minute stroll from the Harlem-Green stop on the Green Line and offers easy access to the Forest Park terminal on the CTA Blue Line, making commuting a breeze. For those who prefer biking, the property boasts a commendable 55% Bike Score, providing excellent cycling infrastructure and options for outdoor enthusiasts. Enjoy nearby parks such as Cummings Square, Mills Park, and Austin Gardens Park, perfect for leisurely strolls, picnics, or active recreation. Forest Park itself offers an array of amenities and attractions. The Park District of Forest Park features a magnificent 15-acre park with an aquatic center, providing opportunities for relaxation and enjoyment. The village also offers a vibrant shopping scene on Madison Street, where you'll find a delightful mix of antique merchants, boutiques, and exceptional dining establishments. In fact, Forest Park was recently recognized by the readers of the Chicago Tribune as the "Best Neighborhood Dining" in the entire Chicago area-a testament to its culinary excellence. Education is well-catered for in Forest Park, with the property falling within the esteemed Forest Park School District 91 and Proviso Township High Schools District 209. The community boasts four excellent elementary schools and the Forest Park Middle School, ensuring a quality education for children. Additionally, the renowned Proviso Mathematics and Science Academy, a prestigious magnet school, is conveniently located right here in Forest Park. Currently, the property has a month-to-month tenant, providing a flexible arrangement for the next owner. The rental terms include a $1000 security deposit and a monthly rent of $950, which also includes one parking space in the garage-an added convenience for tenants. Tenant would love the opportunity to extend their lease, well into the future, should an investor or home owner be interested in that opportunity. Embrace the opportunity to secure this remarkable investment property and unlock the potential for substantial monthly income and mortgage contributions. With its unbeatable location, charming features, and incredible potential, this property truly epitomizes the epitome of a fantastic investment opportunity. Don't miss out-schedule your showing today and envision the possibilities that await!
  1. Listed by Samantha Powell • Dream Town Realty

Property Details for 122 Belvidere Avenue

Area
Forest Park
Township
Proviso
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Cars
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+
Architectural Style
Traditional

Location

Listing Courtesy of Dream Town Realty
Add your commute
LISTING UPDATED: 06/26/2023 12:07 AM

Property Details for 122 Belvidere Avenue

StatusActive
MLS #11785114
Days on Market535
Taxes$4,275 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1878
Lot Size0.11 AC / 4,625 SF
CountyCook County

Location

Listing Courtesy of Dream Town Realty
Add your commute

Building Information for 122 Belvidere Avenue

Stories-Residences2Year Built1878Building Size-Lot Size0.11 AC / 4,625 SF

Payment Calculator

$2,807 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$356

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 122 Belvidere Avenue

General Information
School Information
  • Elementary School District: 91
  • High School District: 209
  • Middle Or Junior School District: 91
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Location and General Information
  • Postal Code Plus 4: 0
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public, Sewer-Storm
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 37X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 8
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 4
  • Document Date: 2023-05-17T18:12:03
  • Photos Count: 36
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Multi Family
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2

Property History for 122 Belvidere Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 122 Belvidere Avenue

Taxable ValueLand$3,071Additions$21,729Total$24,800
Tax Record2022$6,682 ($557 / month)
Home Facts
Baths2Total Finished SqFt1,658 SqFtAbove Grade Finished SqFt1,658 SqFtStories2Lot Size4,725 SqFtStyleMulti-Family Res (5+ Units)Year Built1878CountyCOOKAPN15-12-411-023

Schools near 122 Belvidere Avenue

This home is within Proviso Twp Hsd 209 School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Garfield Elementary School
PublicPK to 2

Field Stevenson Elementary School
Public3 to 5

Forest Park Middle School
Public6 to 8

Proviso East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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122 Belvidere Avenue is a multi-family home for sale in Forest Park, IL 60130. This property was listed for sale on May 17, 2023 by Dream Town Realty, it's currently listed at $449,000. This listing's school districts are Proviso Twp Hsd 209 School District, Forest Park School District 91. Nearby schools include Garfield Elementary School, Field Stevenson Elementary School and Forest Park Middle School. 122 Belvidere Avenue is a 4-bed, 2-bath, 1,702 sqft multi-family home built in 1878.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dream Town Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.