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    937 Marengo Ave Forest Park, IL 60130

    New
    Under Contract
    For Sale
    $280,000

    Residential Income - Forest Park, IL

    Lot size:
    0.07 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 937 Marengo Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    15134130380000
    Parking
    2
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1909
    Roof type
    Asphalt
    Architectural style
    Other

    Redfin Corporation [email protected]

    Listing agent Marina Collazo (224) 699-5002 License #475116062

    Listing date Dec 1, 2025

    MLS# 12520816 Listing URL

    Copyright © 2025 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.

    Overview

    Forest Park Income Property

    This two-unit property in Forest Park, IL, presents a great investment opportunity. The building features two flats, each with its own private entrance, a spacious living room, a kitchen, two bedrooms, and a full bath. The finished basement provides additional living space, a laundry area, and another full bath. A large fenced-in yard and a detached 2-car garage with alley access are included. The property is close to major highways, public transit, parks, and groceries. The property can easily be a great rental property or used as a single-family home perfect for multi-generational living. The property is tenant occupied, and 48 hours' notice is required for all showings. Utilities are separate and are the tenant's responsibility. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Forest Park
    County
    Will
    State
    Illinois
    Longitude
    -87.8144
    Latitude
    41.8677

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with potential for rental or single-family use.
    Where is this duplex located?
    The property is located at 937 Marengo Ave Forest Park, IL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Potential for rental income or multi-generational living (2-flat configuration); - Features 4 bedrooms and 3 bathrooms; - Finished basement providing additional living space
    (224) 699-5002
    Request Owner's contact information
    937 Marengo Ave Forest Park, IL 60130
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    Forest Park, IL 60130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    937 Marengo Ave Forest Park, IL 60130
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