Contact For Estimate
501 Elgin Ave
Forest Park, IL 60130
Off Market · Public Record
Contact For Estimate

501 Elgin Ave Forest Park, IL 60130

  • 2 baths
  • 2,608 sqft
  • 8,000 sqft lot size
  • Multi-Family
  • See the local terrain and how close this home is to parks and main streets.

    View More

  • Take a virtual walk around the neighborhood.

    View More

  • Lowest crime relative to the rest of Cook county.

    View More

  • 72 Elementary Schools

    49 Middle Schools

    16 High Schools

    View More

Property Details for 501 Elgin Ave


This property is no longer available to rent or buy. This description is from March 14, 2013
Great opportunity in downtown Forest Park! This huge three unit complex w/ separate coach house is a must see. 3 bed owners unit with dining room + eat in kitchen. Second floor 2 bed unit is recent rehab with new kitchen and bath. Coach home is perfect 2 bed/2 bth cottage w/ full basement. Many vintage elements & original woodwork throughout. Rents are low for area due to long term tenants. projected income/m=$4,500

501 Elgin Ave Public Records


Official property, sales, and tax information from county (public) records as of 12/2016:
    • Multi-Family Dwellings (Generic, any combination 2+)
    • Lot Size: 8,000 sqft
    • Parking Spaces: 2
    • Construction: Frame
    • County: Cook
    • 2 Bathrooms
    • Built In 1898
    • Roof: Shingle (Not Wood)
    • Basement: Unfinished Basement
    • Tax Rate Code Area: 31038
    • 2,608 sqft
    • Parking: Detached Garage
    • 2 Buildings
    • Subdivision: RESUBDIVISION OF LT6 OF BLK3 LTS 6-7 O
See businesses, schools, and crimes near this home

Additional Costs For 501 Elgin Ave


Property Taxes and Assessment of 501 Elgin Ave


Land
Improvement
Total
$4,800
+
$33,844
=
$38,644
Year Tax Assessment Market
2015 $12,706 $38,644  N/A
Source: Public Records

Price History & Trends


Price History for 501 Elgin Ave


Date Event Price Source Agents
10/07/2013 Sold view detail $435,000 Public records Public records  
  • Recording Date
    10/07/2013
  • Contract Date
    08/24/2013
  • Sale Price
    $435,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $218
  • Total Transfer Tax
    $435
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed

Real Estate Trends in this area

Median sale price for all homes in this area $203,000 0% below listing price

Sold Homes near 501 Elgin Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
1617 Kenilworth Ave, Berwyn IL 1.51 Multi-Family $232,000 09/07/16 5 3 2,474
7625 Adams St, Forest Park IL 0.47 Multi-Family $303,500 04/26/17 5 2 1,890
1111 Superior St, Oak Park IL 1.06 Multi-Family $440,000 09/09/16 5 2 2,786
1846 Kenilworth Ave, Berwyn IL 1.68 Multi-Family $290,000 09/20/16 6 3 2,832
1825 Wesley Ave, Berwyn IL 1.74 Multi-Family $335,000 02/03/17 6 3 3,429
7030 16th St, Berwyn IL 1.42 Multi-Family $271,000 10/05/16 4 2 1,752
619 Ferdinand Ave, Forest Park IL 0.43 Multi-Family $341,000 01/17/17 4 2 2,310
605 Marengo Ave, Forest Park IL 0.15 Multi-Family $368,000 04/26/17 6 2 3,001
4137 N McVicker Ave, Chicago IL 5.60 Multi-Family $320,000 05/03/17 6 3 2,956
1516 Grove Ave #2, Berwyn IL 1.40 Multi-Family $250,000 10/14/16 4 3 2,080