The median home value in Forest Park, IL is $266,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Forest Park, IL is $266,000.
Approximately 44% of Forest Park homes are owned,
compared to 46% rented, while
9% are vacant.
Forest Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Forest Park real estate agent to arrange a tour today! Learn more about Forest Park.
What A Excellent locations in the DBD (downtown business district) of Forest Park Madison Street. 4580sqft of beautifully finished work space. 2 levels of flexible work space the possibilities are many. A retail space, gallery, studio, or multiple office shared space there are many possibilities with the central location of this property. Ground level has hardwood floors ,bathroom and kitchen, high ceilings, separate heat and central air control with lots of storage. The lower level also has it's own kitchen and bathrooms, heat and central air control, office space, workroom, storage. Separate zoned HVAC over 4500 sq. ft. Finely finished and ready for a new owner to make their own. loads of possibilities await, surrounded by dining, banks, mixed use properties, entertainment and other business makes this the perfect location. The property has great lighting on both levels with high ceilings, approximately 17 feet on the 1st floor and 9 feet on the lower level. Excellent foot traffic and good parking, walk to the Blue Line, Metra, Post Office. Also the space has a very impressive window space for multiple usages. Stop in take a look you will love the space. Presently both levels are used as a working retail space. Seller willing to entertain all offers with a quick response. Thanks For looking and or showing, Flexible seller so lets make a deal. Stop in take a look you will be surprised at the many possibilities.
Welcome to the heartbeat of Forest Park! Nestled in this vibrant, hipster haven just moments from downtown Chicago, this 6-flat investment property embodies convenience and community charm. Built in 1961, this sturdy brick building houses 5 active tenants across its 6 well-maintained units. Boasting a total of 8 bedrooms and 6 full baths, this property offers a diverse layout, featuring four two-bedroom apartments and two cozy one-bedroom garden units. Most of the bathrooms have been updated since 2018 with new tile, updated porcelain, new vanity in a bright and upbeat well-lit bathroom. Most of the kitchens have been updated since 2018 with new sinks, appliances, newly painted cabinetry and flooring. Positioned on a corner lot, this property surprises with its spaciousness, showcasing expansive grassy areas between the sidewalk and curb. Convenience meets comfort with shared amenities including low-cost laundry in the basement, ensuring an easy, hassle-free living experience for tenants. There is dedicated outdoor parking for each unit. Forest Park is more than a location; it's a lifestyle-a place where live, work, play, dine, and shop converge seamlessly amidst a backdrop of year-round festivals and family events. Don't miss this opportunity to invest in the beating heart of a community that embodies the essence of modern living.
Great corner lot location in Forest Park. Investment opportunity in a growing community. Property ripe for redevelopment. Directly across from Forest Park public school. The second floor residential unit is on a month to month with rent at $795.00. It is a one bedroom one bath unit. Needs 24 hour notice to view. The first floor is vacant. Pending zoning review and updates, Village has designated this lot for residential development. The property is being sold as is. Village of Forest Park has completed its inspection. All remodeling or new construction is required to follow 2008 and beyond codes by Buyer.
Own the building with the hottest new boutique music venue Robert's Westside! This fully occupied large building is also perfect for an investor (1031 exchange). This beautiful brick multi tenant/investment is in the heart of Forest Park on bustling Madison St just west of Harlem. Be part of this busy stretch of bars/restaurants/shops. Tenants also include Jimmy Johns and an IT company. Plenty of street parking and public parking in the area and close to public transportation and the highway! Many updates and improvements/turn key but tons of value add options.
OWNER OF ARCHERY STORE IS RETIRING...Investment opportunity on vibrant Madison Street in the business district. Conscientious owner diligently maintained building and property. Street level storefront extends the entire lot. Second floor includes a huge sundrenched 2-bedroom apartment (1,700 sqft) and is easy to rent. An additional 1,725sqft on 2nd floor is currently part of commercial use. Attached deep 2 car heated garage and loads of storage. New boiler was installed on the 1st floor & furnace on the 2nd floor (2022). High visibility and lots of foot traffic. Currently, property is operating as a longtime archery store & range. Please contact listing agent for details and do not disturb clientele.
This retail condo unit is located on Madison Street in Forest Park and covers an area of 1784 square feet. It is currently up for sale and was previously used as a cigar shop and lounge. The unit comprises a front retail space, an encased glass humidor area, and a back lounge area with a small kitchenette setup and a half bathroom and storage. The unit boasts high-end wood finishes throughout and has front doors that open up to the street. You can use it in its current layout and finishes or remake it to your specifications. Additionally, the unit comes with two deeded exterior parking spaces.
Looking for Passive Cash Flow? Renovated mixed use investment property featuring three, 1BR/1BA spacious apartments with great size rooms on the 2nd Floor. The first floor retail space is a laundromat (with an office space in the rear) in its 3rd year of a 5yr lease. Tenants easily can walk to Jewel, Walmart, and Forest Park Shopping plaza for supplies and decor. Enjoy a bike ride or exercise at the lovely Maple Park only a few blocks away. Located near Forest Park Blue Line, I-290, and several Bus Routes. Emergency Lighting and Exit Signs in Laundromat. Electric Power at 400 amps along with Plumbing upgrades! Fully Occupied and Well Kept Building! Great Investment opportunity! Schedule a showing and see for yourself!
Listings courtesy of MRED as distributed by MLS GRID
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