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New Construction Homes for Sale in River Forest, IL

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    $2,250,000 Custom Home

    704 Monroe Ave, River Forest, IL 60305

    • 6 Beds
    • 5.5 Baths
    • 5,200 Sq Ft

    NEW CONSTRUCTION ALERT! BRAND NEW BUILD,,,, PER PLANS...5200 SQUARE FEET INCLUDING BASEMENT, 9 FOOT CEILINGS ON ALL LEVELS. 6 BEDROOMS, 5 FULL & 1 HALF BATHROOMS. SPECTACULAR PLANS INCLUDE: FIRST FLOOR CONSISTS OF A LIVING ROOM, FORMAL DINING ROOM, BUTLERS PANTRY, KITCHEN WITH BREAKFAST AREA OVERLOOKING A COVERED TERRACE AREA, FAMILY ROOM WITH FIREPLACE AND FRENCH DOORS LEADING TO THE TERRACE

    Elissa Palermo Berkshire Hathaway HomeServices Chicago

    704 Monroe Ave, River Forest, IL 60305

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
$670,000
Median Single Family Sale Price
$950,000
Median Townhouse Sale Price
$370,000
Median 2 Bedroom Sale Price
$246,000
Median 1 Bedroom Sale Price
$155,000
Average Price Per Sq Ft
$314
Number of Homes for Sale
20
Last 12 months Home Sales
174
Months of Supply
1.40
Median List Price
$680,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%
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