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517 Thomas Ave, Forest Park, IL, 60130

$449,000

Home List Price

$5,332*

Closing Credit

4 Bedrooms
3 Baths
House

Location

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517 Thomas Ave, Forest Park$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Alley, More Than 1 Spc/Unit, Rear/Side Entry
Year Built1888
HeatingNatural Gas, Forced Air
BasementYes
MLS #12221392
StatusAccepting Backup Offers
(Contingent)

About 517 Thomas Ave

Investors Delight! Both Units duplexed with tons of room making this a very desirable property for owners and tenants alike. Both Units have In-Unit, Full, Side by Side Laundry. Huge side yard adds beauty and natural light to the rentals. Rents reported based on last tenants leases. With a little clean up, rents can be increased to add to cash flow positive. Both Units have additional living space that could be converted to, or used as, additional bedroom. New roof May 2024. Newer Vinyl Windows. 6 parking spaces for additional income. Close to Blue Line, Parks, Highway Access and Shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1888

Listing Office:

  • Office Name: Ask Nagel
  • Office Phone: (773) 819-9210
  • Listing Agent: Michael Busking

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Parking: Off Alley, More Than 1 Spc/Unit, Rear/Side Entry

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Adams to Thomas, South to Address

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000

Tax Information:

  • Annual Amount: $10,044
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Forest Park, IL.

Med. Sold Price

$330K

Med. Price/SqFt

$212

Avg. Days On Market

21

# of Sold Homes

17

517 Thomas Ave vs Forest Park

11 DAYS ON ROCKET

-10 Days

$449,000

+$119K More

KEY TAKEAWAY

This property is $119K more than the Median Sold Price in Forest Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12221392

Listing Office:

  • Office Name: Ask Nagel
  • Office Phone: (773) 819-9210
  • Listing Agent: Michael Busking

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$10,044$28,525
2018$9,836$28,525
2017$9,620$28,525

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4471969
4
/10
  • Field Stevenson Elementary School

  • 925 Beloit Ave

  • 0.50 miles

  • Public District Grades 3-5

school-card-donut-4471970
10
/10
  • Lincoln Elementary School

  • 511 Park Ave

  • 0.92 miles

  • Public District Grades KG-4

school-card-donut-4471971
6
/10
  • Abraham Lincoln Elementary School

  • 1111 S Grove Ave

  • 1.00 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,258. Most Forest Park, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 517 Thomas Ave

What is the listing price of this property?

The listing price of 517 Thomas Ave property is $449,000.

What type of property is this?

The property 517 Thomas Ave is a house located in Forest Park, Illinois, 60130.

Is this property for sale now?

Accepting Backup Offers: 517 Thomas Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $10,044 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 517 Thomas Ave has 4 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 517 Thomas Ave is 1888.

Rocket Homes›Illinois›Cook County›Forest Park›60130›517 Thomas Ave

This home is located at 517 Thomas Ave in Forest Park, IL and zip code 60130. This home was built in 1888. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $449,000.

While more than 4 listings in Forest Park, IL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. The number of listings in Forest Park, IL increased by 1.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 21 days, the median list price was $330,000.

From Rocket Homes Real Estate and based on county public records data.

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