Welcome to your next great investment or owner-occupied opportunity in the heart of Forest Park! While you might see standard multi-unit buildings hitting the market, this unique property stands out by offering an incredible, flexible setup: a charming front two-flat plus a beautifully refreshed rear coach house with a fenced yard between the buildings. Coach house recently vacated after a 4-year tenancy. Front building units are on month-to-month leases. Whether you are looking to house-hack by living in the private coach house while the front units add to your income, or you want a solid, income-producing addition to your portfolio, this property is ready to deliver. All units have been consistently rented, demonstrating a proven track record of demand and income. Truly fabulous location in close proximity to Forest Park's Madison Street corridor just steps away from shops, restaurants, entertainment and vibrant community events. Parking is rented for tenants right across the street at Silverland Bakery @$60/space. This arrangement has been in place for the last 15 years. Some deferred maintenance is reflected in the price. Offered as-is.
Listed By
Agency Name: RE/MAX In The Village
Agency Phone: 708-386-1400
Shown By
Agent Name: Dawn Karns
Agent Phone: (815) 494-6507
Agency Title: Gambino Realtors
Estimated Payment
$ 3,601.94 per month $2,493.73 Principal & Interest $948.08 Property Tax $160.13 Homeowner's Insurance
7625 Monroe Street | MLS# 12601682
This multi-family property located at 7625 Monroe Street, Forest Park, IL 60130 is currently listed for sale with an asking price of $549,000. Monroe Street is located within the District 209 school district. Search Forest Park real estate on dkarns.gogambino.com today.