1404 Elgin Avenue, Forest Park, IL 60130

Local realty services provided by:Better Homes and Gardens Real Estate Connections
1404 Elgin Avenue,Forest Park, IL 60130
$410,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: frank carioti, carly randulich
Office: carioti properties
MLS#:12565604
Source:MLSNI

Price summary

  • Price:$410,000

About this home

Located 10 miles from downtown Chicago, Come see this well-maintained 2-flat that is an excellent opportunity for an owner-occupant buyer looking to live in one unit while collecting rental income from the other. Both units feature similar layouts with 2 bedrooms and 1 full bath, offering functional floor plans and consistent rental demand. The first-floor unit is vacant and move-in ready, featuring hardwood floors and an updated kitchen with dark cabinetry, stone countertops, and stainless steel appliances, and a work from home space off the kitchen- perfect for a buyer who wants immediate occupancy. The second-floor unit is currently rented at $1,400/month, tenant responsible for gas and electric. The lease is month-to-month, giving the new owner flexibility to adjust rents toward current market levels if desired, or sign tenant to a longer lease. Second-floor rent is WELL BELOW current market levels as the rent as not been increased in almost 5 years. The property also includes

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Home facts

  • Year built:1919
  • Listing ID #:12565604
  • Added:1 day(s) ago
  • Updated:February 12, 2026 at 06:28 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1919
  • Lot area:0.07 Acres

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$410,000
  • Tax amount:$8,534 (2024)
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