7625 Monroe Street Forest Park, IL 60130 • Multi Unit - Multiple • New $549,000

Open Houses

Description

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.

Property Highlights