Three units in prime Forest Park location with a solid track record of income, great for investor or live-in owner! The front building is a two flat with an open front porch and cedar shake siding. It has a new 200 amp electrical service with three meters. The first floor is a large two bedroom plus office that includes a formal dining room and eat in kitchen. The second floor is another large two bedroom unit with a recently remodeled bathroom, an eat in kitchen and formal dining room. Both units have hardwood flooring running throughout the living area. The two flat has one boiler system, tenants pay their own electric. The rear of the property has a cozy little one bedroom cottage with a living room, formal dining room, large bedroom with tandem room perfect for an office/den and a full unfinished basement. This tenant pays their own electricity and gas. Units in main building are rented M-T-M with 60 day notice to vacate. Coach house has 1 year lease which can be vacated with 120 Notice. The property has a nice backyard area. Parking is rented for all the tenants at Silverland Bakery across the street. The location is truly fabulous in close proximity to all the attractions of the downtown Forest Park Madison Street area - shops, restaurants, entertainment and community events. All work for Forest Park compliance has been done and we're ready for a quick closing!
Active
$539,000
7625 Monroe St, Forest Park, IL 60130
5beds
--sqft
Est.:
Multi Family
Built in 1904
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large bedroomTandem roomOpen front porchRecently remodeled bathroomFormal dining roomFull unfinished basementHardwood flooring
- 69 days
- on Zillow |
- 525 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 01:10pm
Listing courtesy of:
Marion Digre, ABR,SFR 708-692-8050,
RE/MAX In The Village,
Morgan Digre 708-370-1675,
RE/MAX In The Village
Source: MRED as distributed by MLS GRID,MLS#: 12392774

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard, Radiator(s)
Features
- Windows: Screens
- Basement: Unfinished,Full
Property
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,500 Square Feet
- Dimensions: 28 X 125
Details
- Parcel number: 15131020380000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Cedar, Shake Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Forest Park
Financial & listing details
- Tax assessed value: $360,000
- Annual tax amount: $10,813
- Date on market: 6/13/2025
- Ownership: Fee Simple
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