517 Thomas Avenue

Forest Park, IL 60130

$449,000
Price
4
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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....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.
  1. Listed by Michael Busking • Ask Nagel

Property Details for 517 Thomas Avenue

Area
Forest Park
Township
Proviso
Ownership
Fee Simple
Num Of Parking Spaces
6.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 12/15/2024 09:54 PM

Property Details for 517 Thomas Avenue

StatusContingent
MLS #12221392
Days on Market11
Taxes$13,216 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1888
Lot Size0.15 AC / 6,350 SF
CountyCook County

Building Information for 517 Thomas Avenue

Stories-Residences2Year Built1888Building Size-Lot Size0.15 AC / 6,350 SF

Property Information for 517 Thomas Avenue

General Information
School Information
  • Elementary School District: 91
  • Elementary School: Garfield Elementary School
  • Jr High Middle School: Field Stevenson Elementary Schoo
  • High School District: 209
  • Middle Or Junior School District: 91
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley, More Than 1 Spc/Unit, Rear/Side Entry
  • Parking On Site: true
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Sidewalks
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 6350
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Cedar, Frame
  • Roof Type: Asphalt
  • General Information: Commuter Train,Interstate Access
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-12-06T16:01:08
  • Photos Count: 47
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,795.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: EXP
Unit 2
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: EXP

Property History for 517 Thomas 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 517 Thomas Avenue

Taxable ValueLand$4,127Additions$21,407Total$25,534
Tax Record2022$9,152 ($763 / month)
Home Facts
Baths2Total Finished SqFt2,381 SqFtAbove Grade Finished SqFt2,381 SqFtStories2Lot Size6,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN15-13-210-016

Schools near 517 Thomas 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ask Nagel

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. Based on information submitted to the MLS GRID as of 12/15/2024 09:54 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.