1214 Marengo Avenue
Forest Park, IL, 60130
$1,050,000
3 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12743148 image #0
The subject investment property is a 6 unit walkup located in Forest Park. The property is comprised of four, one-bedroom / one-bath and two, two-bedroom / one-bath units. A total of three units have been recently rehabbed. The property features five parking spaces at the rear of the property. Current ownership has taken pride in the maintenance of the asset. A qualified investor has the opportunity to acquire a well maintained asset in an attractive Forest Park location with immediate upside in renovating the three remaining apartments to increase cash flow. Excellent Forest Park Location – Attractive Unit Mix 1 & 2 Bedroom Layouts – Surface Parking – Immediate Upside in Rents

Property Details

Price:
$1,050,000
MLS #:
MRD12743148
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
forestpark
Listed Date:
Aug 26, 2026
Year Built:
1966
Forest ParkForestpark

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Schools

Interior

Exterior

Stories
2

Financial

Maintenance Fee
$1,500
Net Operating Income
$83,200
Tax Year
2025
Taxes
$16,060

Map

Community

Market Summary

Current real estate data for Commercial in Forest Park as of Oct 05, 2026
5
Commercial Listed
196
Avg DOM
$1,947,800
Avg List Price

Property Summary

    1214 Marengo Avenue Forest Park IL is a Commercial for sale in Forest Park, IL, 60130. It is listed for $1,050,000

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Forest Park, IL