Back 922 Marengo Ave
Off Market

922 Marengo Ave

Forest Park IL 60130

8
5
3
Multi-Family
Last sold for $602,000
Nicholas FournierNicholas Fournier, last sold this property on 20 September 2022 after 110 days on market.

Overview

Here's what everyone wants! Solid brick, truly turnkey 3 unit building in Forest Park. Built in 1984, and extensively rehabbed in 2010, this perfectly maintained building is an outstanding investment! As it stands right now, simply purchase and rent out the basement for a competitive yield. Current rents could be pushed slightly higher to maximize returns. No deferred maintenance - new sewer line and tuckpointing was just performed! These apartments are jumbo sized, and live great! The two 3 bedroom units have modern kitchens with separate dining areas, great sized bedrooms, including one that is ensuite to a half bath (could rework to make a full bath primary suite). Detached 3 car garage for parking behind the large yard! Perfect for an investor or owner occupant - building will comply with VA or FHA lending. This prime location is a block from Roos Rec Center, 2 blocks to the blue line, and an easy walk to Madison Ave. These opportunities are rare in FP - don't miss it!

Features

8 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Forest Park over the last 12 months.

Property history for 922 Marengo Ave

2022
Sold
$602,000
20 Sep 2022 by Nicholas Fournier, of Scout Real Estate Partners
2017
Sold
$413,000
22 Sep 2017 by Adriana Cook, of Berkshire Hathaway HomeServices Chicago
2009
Sold
$282,000
12 Jun 2009 by Coya Smith, of REMAX Premier | Burr Ridge

Happy sellers in Forest Park

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We have insufficient information to provide an overview of customer satisfaction for Forest Park. Viewing the agent profiles, reviews and sales for Forest Park can provide insights for this location.

Local market activity for 8 bedroom multi families in Forest Park

In the last 12 months, 2 eight-bedroom multi families similar to 922 Marengo Ave, have been sold.

This represents a 100% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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