Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12452749MLS Provider

7415 Dixon StreetForest Park, IL 60130

Multi-Family · 5 Beds
$590,000 Active

7415 Dixon Street Overview

Time on Site:
311 days
Visits:
23

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.

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7415 Dixon Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 209
  • Elementary School: Garfield Elementary School

Building Information

  • New Construction: No
  • Year Built: 1923

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Forest Park
  • Township: Proviso

Community/Development

  • Community Features: Sidewalks, Street Lights

Tax Information

  • Tax Annual Amount: $13,181.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 15124090140000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Possible: 5
  • Full Baths Building: 3

General Information

  • Basement: Finished, Exterior Entry, Partial
  • Heating: Natural Gas, Electric, Radiator(s)
  • Other Equipment: Ceiling Fan(s)
  • Rooms Total: 16

Exterior

Parking Information

  • Parking Features: Garage, Yes, Detached, Off Alley
  • Parking Total: 8

Lot Information

  • Lot Size Dimensions: 7750
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Victorian
  • Construction Materials: Vinyl Siding, Other

General Information

  • Sewer: Storm Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 850
  • Beds Total: 2
  • Baths Total: 1

7415 Dixon Street Neighborhood

Community

60130 (Forest Park) Demographics

40
Median Age
4,986
Population Density (per sq. mile)
61%
College Educated
$70,670
Estimated Median Income
3,299
Estimated Total Home Owners
3,396
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7415 Dixon Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7415 Dixon Street Market Data

Based on the last 30 days in this zip code

$354,873
Average List Price
$278
Average Price per Square Foot
18
Properties Sold
52
Average Days on Market
53
Properties for Sale
Calculations provided by Reliance Network

7415 Dixon Street History

Date Event Value Agent
3/20/2026Source: MRED Status Change
Active
Jonathan Paul
Listing Agent
3/15/2026Source: MRED Price Reduction
$590,000 -1.7%
Jonathan Paul
Listing Agent
3/15/2026Source: MRED Status Change
Price Change
Jonathan Paul
Listing Agent
1/20/2026Source: MRED Status Change
Active
Jonathan Paul
Listing Agent
1/15/2026Source: MRED Price Reduction
$600,000 -2.8%
Jonathan Paul
Listing Agent
1/15/2026Source: MRED Status Change
Price Change
Jonathan Paul
Listing Agent
11/19/2025Source: MRED Status Change
Active
Jonathan Paul
Listing Agent
11/14/2025Source: MRED Price Reduction
$617,500 -0.4%
Jonathan Paul
Listing Agent
11/14/2025Source: MRED Status Change
Price Change
Jonathan Paul
Listing Agent
10/14/2025Source: MRED Status Change
Active
Jonathan Paul
Listing Agent
10/9/2025Source: MRED Price Reduction
$620,000 -0.8%
Jonathan Paul
Listing Agent
10/9/2025Source: MRED Status Change
Price Change
Jonathan Paul
Listing Agent
8/27/2025Source: MRED Status Change
Active
Jonathan Paul
Listing Agent
8/22/2025Source: MRED Added to Database
August 22, 2025
Jonathan Paul
Listing Agent