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Listed by Jonathan Paulof Berkshire Hathaway HomeServices Chicago
$ 590,000
Est. payment /mo
Price Dropped by $10K
7415 Dixon Street Forest Park, IL 60130
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12452749
Style Victorian
Bedrooms 5
Year Built 1923
Annual Tax Amount $13,181
Tax Year 2024
Lot Dimensions 7750
Property Sub-Type Two to Four Units
Property Description
Motivated owner welcomes offers for 7415 Dixon Street, a truly rare opportunity in Forest Park-a classic two-unit property on an oversized double lot, just blocks from downtown Forest Park, Oak Park, and River Forest. Properties offering this combination of space, flexibility, and location are exceptionally hard to find. The main residence spans approximately 2,314 square feet and lives like a single-family home, featuring three bedrooms and two full baths. A gracious entry opens to formal living and dining rooms accented by hardwood floors, crown molding, and abundant natural light. A first-floor bedroom with an adjacent full bath provides ideal flexibility for guests, in-laws, or multigenerational living. The kitchen offers 42" maple cabinetry, ample counter space, and stainless steel appliances, flowing seamlessly into a breakfast area and sunroom with newer Andersen windows overlooking the expansive yard. Upstairs, you'll find two additional bedrooms, a home office, and an expansive family/recreation room, perfect for working from home, entertaining, or creating a separate living zone. The second unit is a self-contained two-bedroom, one-bath in-suite apartment of approximately 700 square feet, currently rented month-to-month at $850 per month, offering immediate income potential or flexibility for owner-occupants. Set on a lush double lot with mature trees, perennial gardens, and two garages, the outdoor space is truly exceptional-ideal for gardening, entertaining, expansion, or future development. The basement provides additional versatility with laundry, storage, and living options. Whether your vision is to enjoy as a spacious owner-occupied home, maximize rental income, or reconfigure into a three-unit investment, this property delivers rare upside in a premier location. Close to restaurants, shops, parks, the Green Line, Metra, and I-290, with easy access to Oak Park, River Forest, O'Hare, and Midway. Bring your vision-opportunities like this don't come along often.
Location
State IL
County Cook
Community Sidewalks, Street Lights
Rooms
Basement Finished, Exterior Entry, Partial
Interior
Heating Natural Gas, Electric, Radiator(s)
Fireplace N
Exterior
Garage Spaces 4.0
View Y/N true
Building
Sewer Storm Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Other
New Construction false
Schools
Elementary Schools Garfield Elementary School
School District 91, 91, 209
Others
Ownership Fee Simple
Special Listing Condition None
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