934 Marengo Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing investor opportunity. Solid brick 6 unit- three 2br and three 1br. Two units are in the process of being updated and the other four units are scheduled for updates. Current tenants are long time renters and are paying below market rates. Upside potential for rents. Prime Forest Park location: close to transportation, schools and Forest Park park which includes an aquatic center. Parking in rear for nine cars. Being sold "as is".Amazing investor opportunity. Solid brick 6 unit- three 2br and three 1br. Two units are in the process of being updated and the other four units are scheduled for updates. Current tenants are long time renters and are paying below market rates. Upside potential for rents. Prime Forest Park location: close to transportation, schools and Forest Park park which includes an aquatic center. Parking in rear for nine cars. Being sold "as is".

Listing Agent

  1. Jack Lattner

    Jack Lattner

    Listing Agent

    Compass

    jack.lattner@compass.com

    P: (630)-336-4080

Sold By Second City Real Estate

Property Details for 934 Marengo Avenue

Area
Forest Park
Township
Proviso
Num Of Parking Spaces
9.0
Air Conditioning Type
Central Individual, Wall Sleeve
Zoning
MULTI
LISTING UPDATED: 08/03/2023 01:42 PM

Property Details for 934 Marengo Avenue

StatusClosed
MLS #11115178
Days on Market5
Taxes$11,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1970
Lot Size0.14 AC / 6,250 SF
CountyCook County
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Building Information for 934 Marengo Avenue

Stories2Residences6Year Built1970Building Size-Lot Size0.14 AC / 6,250 SF

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Principal and Interest

$2,729

Property Taxes

$997

HOA Dues

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Property Information for 934 Marengo Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual, Wall Sleeve
  • Electric: Service - 201 to 600 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • Num of Baths: 6.0
Exterior Features
  • Building Unit Info: Smoke/Alarm Detector
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 50X124
  • Lot Size Square Feet: 6250.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Roof Type: Composition
  • Building Area Total: 3520
  • Lot Size Source: County Records
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2021-06-11T19:47:44
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 06-09-2021
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $360.00
  • Fuel Expense: $3,000.00
  • Gross Income: $64,800.00
  • Gross Scheduled Income: $64,800.00
  • Insurance Expense: $4,800.00
  • Maintenance Expense: $.00
  • Expense Year: 2020
  • Janitor Expense: 0
  • Net Operating Income Year: 2020
  • Total Monthly Income: 5400
  • Net Operating Income: $39,254.00
  • Operating Expense: $13,584.00
  • Other Expense: $.00
  • Trash Expense: $1,224.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 934 Marengo Avenue

DateEvent & SourcePriceAppreciation
Jul 6, 2021

Sold

MRED #11115178

$560,000
Jul 2, 2021

Sold (Public Record)

Public Record #1472125726

$560,000

+1.4% / yr

Jun 11, 2021

Pending

MRED #11115178

Jun 7, 2021

Listed (Active)

MRED #11115178

$545,000
Jul 2, 2001

Sold (Public Record)

Public Record #75487676

$425,000
DateEvent & SourcePrice
07/06/2021

Sold

MRED #11115178

$560,000
07/02/2021

Sold (Public Record)

Public Record #1472125726

$560,000

+1.4% / yr

06/11/2021

Pending

MRED #11115178

06/07/2021

Listed (Active)

MRED #11115178

$545,000
07/02/2001

Sold (Public Record)

Public Record #75487676

$425,000

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

Public Records for 934 Marengo Avenue

Taxable ValueLand$4,687Additions$44,599Total$49,286
Tax Record2023$14,804 ($1,234 / month)
Home Facts
Baths6Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories2Lot Size6,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyCOOKAPN15-13-414-014

Schools near 934 Marengo Avenue

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

Betsy Ross Elementary School
PublicK to 2

Field Stevenson Elementary School
Public3 to 5

Forest Park Middle School
Public6 to 8

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Gagliardo Realty Associates LLC

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. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/03/2023 01:42 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.