• Status Active
  • Price $449,000
  • Bed 4
  • Bath 2
  • Location Forest Park
  • View Tour

122 Belvidere Avenue

Introducing a remarkable investment opportunity that promises both an impressive income stream and a chance to live in one unit while renting out the other. Nestled on the desirable North End of Forest Park, this stunning two-unit building is conveniently located in close proximity to the Metra and Green Line "L" stations, ensuring easy access to transportation. Boasting an attractive exterior with aluminum siding, this property exudes charm and character. Step inside to discover a spacious first-floor owner's unit, offering ample living space and direct access to a full unfinished basement-an ideal canvas for creating additional living areas or storage space to suit your needs. The rental unit, although cozy, presents an excellent opportunity for generating consistent rental income. Both units feature separate forced air heating, ensuring optimal comfort for all occupants. Outside, a delightful yard awaits, accompanied by a three-car garage-an invaluable asset in this neighborhood. While the property may require a little tender loving care, it presents an incredible opportunity for the next visionary owner to transform it into a magnificent investment. The location of this property is simply unbeatable, earning a phenomenal 95% Walk Score, classifying it as a Walker's Paradise. Leave your car behind as daily errands can be accomplished on foot, enhancing convenience and reducing commuting stress. Additionally, the property is just a short 10-minute stroll from the Harlem-Green stop on the Green Line and offers easy access to the Forest Park terminal on the CTA Blue Line, making commuting a breeze. For those who prefer biking, the property boasts a commendable 55% Bike Score, providing excellent cycling infrastructure and options for outdoor enthusiasts. Enjoy nearby parks such as Cummings Square, Mills Park, and Austin Gardens Park, perfect for leisurely strolls, picnics, or active recreation. Forest Park itself offers an array of amenities and attractions. The Park District of Forest Park features a magnificent 15-acre park with an aquatic center, providing opportunities for relaxation and enjoyment. The village also offers a vibrant shopping scene on Madison Street, where you'll find a delightful mix of antique merchants, boutiques, and exceptional dining establishments. In fact, Forest Park was recently recognized by the readers of the Chicago Tribune as the "Best Neighborhood Dining" in the entire Chicago area-a testament to its culinary excellence. Education is well-catered for in Forest Park, with the property falling within the esteemed Forest Park School District 91 and Proviso Township High Schools District 209. The community boasts four excellent elementary schools and the Forest Park Middle School, ensuring a quality education for children. Additionally, the renowned Proviso Mathematics and Science Academy, a prestigious magnet school, is conveniently located right here in Forest Park. Currently, the property has a month-to-month tenant, providing a flexible arrangement for the next owner. The rental terms include a $1000 security deposit and a monthly rent of $950, which also includes one parking space in the garage-an added convenience for tenants. *Tenant would love the opportunity to extend their lease, well into the future, should an investor or home owner be interested in that opportunity. Embrace the opportunity to secure this remarkable investment property and unlock the potential for substantial monthly income and mortgage contributions. With its unbeatable location, charming features, and incredible potential, this property truly epitomizes the epitome of a fantastic investment opportunity. Don't miss out-schedule your showing today and envision the possibilities that await!

General Info

  • Price $449,000
  • Bed 4
  • Bath 2
  • Taxes $4,275
  • Market Time 333 days
  • Year Built 1878
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Buyer's Agent Commission 2%
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 9
  • Bedrooms 4
  • Bathrooms 2

Features

  • Heat Gas, Forced Air, 2+ Sep Heating Systems
  • Air Conditioning Not provided
  • Appliances Not provided
  • Amenities Curbs/Gutters, Sidewalks, Street Lights, Street Paved
  • Parking Garage
  • Age 100+ Years
  • Exterior Aluminum Siding

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