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New Construction Homes for Sale in River Forest, IL

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    $4,500,000 Lot/Land

    7525 Madison St, Forest Park, IL 60130

    • 0 Acre

    Incredible Redevelopment or Investment Opportunity! Over 38,000 sq. ft. single-story former bank with dedicated drive-thru and adjacent restaurant. Massive basement offers excellent accessibility and potential indoor parking for 100+ cars. Positioned on a high-traffic corridor surrounded by popular shops, restaurants, and specialty stores. Ideal site for a luxury residential rental development or

    Barry Newman eXp Realty

    7525 Madison St, Forest Park, IL 60130

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in River Forest, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in River Forest, IL hold their value?
Yes, especially in fast-growing areas of River Forest, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in River Forest, IL

Housing Trends

Median Sale Price
$655,000
Median Single Family Sale Price
$942,500
Median Townhouse Sale Price
$465,000
Median 2 Bedroom Sale Price
$292,665
Median 1 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$306
Number of Homes for Sale
21
Last 12 months Home Sales
170
Months of Supply
1.50
Median List Price
$600,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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