Forest Park, IL 60130 501 Elgin Avenue
$749,000



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Presented By: Forte Properties, Inc.
Home Details
Rare opportunity to own three units in a prime Forest Park location - stunning blend of vintage charm + modern upgrades! Property consists of a main building with two units and basement PLUS a free-standing, two-story coach house with basement. All three LARGE units feature updated kitchens and baths, dishwashers, and their own laundry. 1st floor of main building lives like a single family home - you'll find three bedrooms (one currently built out as a home gym!), an office, and a formal dining room. Prepare to fall in love with high ceilings, intricately detailed hardwood floors, stained glass windows, built-ins, original woodwork and more. This unit has access to a massive basement as well as a large storage closet. Recently renovated 4 season back porch off the kitchen with built-in seating and great view of the yard. Second floor unit boasts two bedrooms, a walk-in closet, and a cozy back porch overlooking the garden. Free standing coach house features two full bedrooms, two full baths, and full basement. Gorgeous details include a claw foot tub, more stained glass, exquisitely carved wooden doors, a large walk in closet, and primary en-suite. The yard space presents a wide variety of options: relax on the patio, garden, or cook out in a lovely setting. The location is a dream for tenants or an owner-occupant: steps to all the shopping and dining options on Madison Street, blue line, and nearby parks, pool, and rec center! Recent updates include a new roof on the coach house (2020) new gutters on main + coach house (2023) and newer hot water heaters. Don't miss this incredible property!
Presented By: Forte Properties, Inc.
Interior Features for 501 Elgin Avenue
Bedrooms
Bedrooms Possible7
Total Bedrooms7
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementPartially Finished, Full
Total Number of Units3
General for 501 Elgin Avenue
Additional Parcels Y/NNo
Architectural StyleVictorian
CityForest Park
Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsFrame, Other
ContingencyAttorney/Inspection
CountyCook
DirectionsHarlem, W on Jackson, N on Elgin; 1 blk W of Harlem
Elementary School District91
HeatingNatural Gas, Forced Air, Steam, Radiator(s)
High School District209
MLS AreaForest Park
Middle/Junior School District91
ModificationTimestamp2025-08-12T22:09:02.202Z
New ConstructionNo
Other StructuresShed(s)
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount17285.79
Tax Year2023
Total Rooms19
TownshipProviso
ZoningMULTI
Exterior for 501 Elgin Avenue
BuyerOfficeFax(630) 462-1500
Lot Dimensions50X160
Lot FeaturesCorner Lot
Other EquipmentCO Detectors, Ceiling Fan(s)
Parking FeaturesOff Street, Driveway, On Site, Owned
Total Parking4
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
