517 Thomas Avenue, Forest Park, IL 60130 - Photo 1

1/1

$449,000

Sold
Closed
Multi-Family
4 Total Beds
Updated 7 days ago

1/1

Property Description

Investors Delight! Both Units duplexed with tons of room making this a very desirable property for owners and tenants alike. Both Units have In-Unit, Full, Side by Side Laundry. Huge side yard adds beauty and natural light to the rentals. Rents reported based on last tenants leases. With a little clean up, rents can be increased to add to cash flow positive. Both Units have additional living space that could be converted to, or used as, additional bedroom. New roof May 2024. Newer Vinyl Windows. 6 parking spaces for additional income. Close to Blue Line, Parks, Highway Access and Shopping.

Full Property Details

Full Property Details for 517 Thomas Ave

General

Sold For: $449,000
Taxes: $13,215 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12221392
Added to Site: 50 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 4

Additional Information

Other Features: Commuter Train, Interstate Access

Exterior

Exterior Features: Deck

Parking

Total Spaces: 6
Parking Features: Off-Alley, More Than 1 Spc/Unit, Rear/Side Entry
Parking Type: Space(s)
Parking On-Site: Yes

Location

Area: Forest Park
County: Cook
Driving Directions: Adams to Thomas, South to Address

School Information

School District: 91
Midd School District: 91
Elementary School: Garfield Elementary School
Middle School: Field Stevenson Elementary Schoo

Heating & Cooling

Heating Type: Natural Gas, Forced Air

Utilities

Water: Lake Michigan, Public

Structural Information

Exterior Const.: Cedar, Frame
Basement Desc.: Full
Roof: Asphalt
Year Built: 1888
Built Before 1978: Yes

Unit Information

Units in Building: 2

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 6350
Zoning: MULTI

Financial Considerations

Assessment Year: 1888
Tax Amount: $13,215.96
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 15132100160000

Listed by Ask Nagel
Sold by Berkshire Hathaway HomeServices Chicago

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Schools

Schools serving 517 Thomas Ave

School Districts:Forest Park School District 91, Proviso Township Hsd 209

Name	Grades	Distance
Garfield Primary Elementary School 543 Hannah Ave, Forest Park, IL 60130	PK-2	0.1 mi
Field Stevenson Intermediate School 925 Beloit Ave, Forest Park, IL 60130	3-5	0.5 mi
Forest Park Middle School, Forest Park, IL 925 Beloit Ave, Forest Park, IL 60130	6-8	0.5 mi
Proviso East High School 807 S 1st Ave, Maywood, IL 60153	9-12	1.2 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 517 Thomas Ave

Date

Details

Price

Change

Source

1/17/2025

Sold

$449,000

—

MLS

12/06/2024

Listed

$449,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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517 Thomas Avenue, Forest Park, IL 60130 (MLS# 12221392) is a Multi-Family property that was sold at $449,000 on January 17, 2025. Want to learn more about 517 Thomas Avenue? Do you have questions about finding other Multi-Family real estate for sale in Forest Park? You can browse all Forest Park real estate or contact a Coldwell Banker agent to request more information.

517 Thomas Ave Forest Park, IL 60130