Backup offers
#12392088, Julie Downey, Listing office: Compass
$825,000 List price
505 Marengo Ave Forest Park, IL 60130
5 beds
3 full, 1 partial
4,752 sqft
$174 / sqft
House
Property details
About 505 Marengo Ave
Spacious, creative and full of character, this one-of-a-kind home offers four levels of living space on a rare double lot, complete with a 4-car garage and an incredible finished loft-perfect for creatives, guests, or flexible use. Inside the home, you'll find 5 bedrooms & 3.5 baths filled with original charm, including stained glass, hardwood floors, and beautiful vintage woodwork. The main floor features a large open layout with high ceilings, a cozy gas-start wood-burning fireplace, and a spacious living and dining area. The kitchen is big and bright with granite countertops, stainless steel appliances, and opens right out to a massive wraparound deck overlooking the yard-great for relaxing or entertaining. Upstairs on the second floor are four generous bedrooms & a full bath, all with more of that gorgeous original woodwork. The finished attic on the third floor has vaulted ceilings, a skylight, and tons of opportunity to use as an office, extra bedroom, or creative space.The finished basement adds even more room to spread out with a family room, updated full bath, potential 6th bedroom, and a separate laundry area. But what really sets this home apart is the huge loft above the garage. It's a dream space with a massive art studio featuring vaulted ceilings, skylights, and tons of natural light. Two more private rooms and a full bath make it perfect for an art studio, home office, guest suite, home gym, or all of the above. Located close to everything Forest Park has to offer - downtown shopping, restaurants, cafes, parks, and more. Easy access to the CTA, Metra, and major highways makes commuting a breeze. Don't miss this one-it's a truly special home with space, charm, and endless possibilities.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas, Radiant
StatusActive
CoolingWindow Unit(s)
Size4,752 sqft
BasementYes
Year built1898
ParkingGarage Door Opener, Garage, On Site, Garage Owned, Detached
MLS #12401277
Garage4 spaces
FireplaceWood Burning, Gas Starter
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Basement: Yes
- Interior: Hot Tub, 1st Floor Full Bath, Walk-In Closet(s)
- Fireplace: Wood Burning, Gas Starter
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Parking: Garage Door Opener, Garage, On Site, Garage Owned, Detached
- Exterior: Dog Run
- Heating: Natural Gas, Radiant
- Cooling: Window Unit(s)
- List Price: $825,000
- Price/SqFt: $173
- HOA Amount: $0
- Annual Tax Amount: $23,351
- Tax Year: 2022
- Directions: Madison St to Marengo Ave - South on Marengo, follow to property.
- Year Built: 1898
- Living Area: 4,752 SqFt
- MLS Number: 12401277
- MLS Name: MRED
- Office Name: Redfin Corporation
- Office Phone: (224) 699-5002
- Listing Agent: Peggy Sersen
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 26, 2021 | Home Sold | $521,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $68,571 | $23,351 |
| 2021 | $68,571 | $- |
| 2020 | $68,571 | $- |
| 2019 | $45,784 | $- |
| 2018 | $47,120 | $- |
| 2017 | $48,541 | $- |
History based on county public records data.
Nearby schools
3
Field Stevenson Elementary School
Public District 3-5
0.6 mi
•925 Beloit Ave
5
Abraham Lincoln Elementary School
Public District KG-5
0.9 mi
•1111 S Grove Ave
10
Lincoln Elementary School
Public District KG-4
1.0 mi
•511 Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,543. The most common annual income of people living in Forest Park, IL is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
38%
<35k
38%
35k-100k
16%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
9%
Single, with Kids
21%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Tennis
Major League Soccer (MLS)- Men's Tennis
Where do the neighbors shop?
Crate & Barrel
Banana Republic
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Jack In The Box
The Cheesecake Factory
What do the neighbors drive?
BMW
Toyota
Volvo
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Marengo Ave
The listing price of 505 Marengo Ave property is $825,000.
The property 505 Marengo Ave is a house located in Forest Park, Illinois, 60130.
Active Listing: 505 Marengo Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Marengo Ave are: Field Stevenson Elementary School (GreatSchools Rating 3/10), Abraham Lincoln Elementary School (GreatSchools Rating 5/10), Lincoln Elementary School (GreatSchools Rating 10/10), Forest Park Middle School (GreatSchools Rating 4/10), Brooks Middle School (GreatSchools Rating 6/10), Roosevelt School (GreatSchools Rating 8/10), Oak Park & River Forest High School (GreatSchools Rating 8/10), Proviso East High School (GreatSchools Rating 2/10), Proviso Math and Science Academy (GreatSchools Rating 10/10).
According to the records, the last property tax for 2022 is $23,351 (source: MLS/based on county public records data).
The last sale was on April 26, 2021 for $521,000 (source: MLS/tax record).
The property at 505 Marengo Ave has 5 bedrooms and 3 full and 1 half bathrooms.
The property 505 Marengo Ave is 4,752 SqFt (source: MLS/tax record).
The year of construction for 505 Marengo Ave is 1898.
This home is located at 505 Marengo Ave in Forest Park, IL and zip code 60130. This 4,752 square foot home was built in 1898. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $825,000.
In June 2025, from all listings sold in Forest Park, IL there were more than 10 sold above asking price, over 9 sold below and more than 2 were sold right at the asked price. In June 2025 in Forest Park, IL there were 10.7% more homes for sale than in May. Listings spent 31 days on the market in June 2025, and had a median list price of $309,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.