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Renovated 2-Unit Duplex
New
For Sale
$649,900

1029 Marengo Avenue, Forest Park, IL 60130

Residential Income, Forest Park, IL

Property SizeContact for details
Days on Market1

Property Features for 1029 Marengo Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Basement, Bathroom 3, Bedroom 1
Parking 6
Parking features Owned
Basement Full, Unfinished
Middle school Field Stevenson Elementary Schoo
High school Proviso East High School
Elementary school district 91
Middle school district 91
High school district 209
Directions HARLEM TO HARVARD WEST TO MARENGO TO BUILDING
Subdivision Forest Park
Standard status Active
APN 15134210430000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 7809

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam

Amenities

in-unit laundry
enclosed porch

Building Details

Year built 1918
Building materials Brick
Roof type Tar/Gravel
Listing Agency: GMC Realty LTD
Listed By: Abdul Mohammed
Added: Sep 24 Last Checked: Sep 24 at 9:06PM
MLS# 12768888

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick duplex contains two residences, each arranged with three bedrooms and two full bathrooms, including a primary suite. Interior work completed in 2024-2025 brought open layouts, updated kitchens with appliances, quartz counters and breakfast islands, in-unit laundry, enclosed porches, and replacement windows. The building also has an unfinished basement and two rear parking spaces.

Major improvements include new plumbing and water service, upgraded electrical service, furnaces, air conditioning units, and water heaters. Exterior work includes a TPO roof, gutters, tuckpointing, landscaping, and a fresh paint finish backed by a 20-year warranty. Built in 1918, the property is zoned MULTI and served by public sewer.

Shops, restaurants, parks, and transit are nearby. The two-unit layout offers the option to occupy one residence while leasing the other.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • Renovation work completed in 2024‑2025
  • Two rear parking spaces

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,184
Businesses Nearby

Demographics for 60130, IL

14,346
Population
7,777
Households
1.8
Avg Household Size
42
Median Age
50%
College-Educated
95%
High-School Grad
2.8 sq mi
ZIP Area
5,124
Density / Sq Mi
$81,323
Median Household Income
$61,518
Median Earnings
$1,352
Median Rent
$293,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer three bedrooms, two full baths, private laundry, and enclosed porches.
Where is this duplex located?
The property is located at 1029 Marengo Avenue Forest Park, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Renovation work completed in 2024‑2025; Two rear parking spaces
More about this property
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