NOT LISTED FOR SALE

1010 Franklin Ave River Forest, IL 60305

Estimated Value: $1,500,665 - $1,744,000

5 Beds
5 Baths
4,091 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $1,165,000 $285 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,976/month

76 Days on Market

Highlights

  • Recreation Room
  • Heated Sun or Florida Room
  • Balcony
  • Willard Elementary School Rated A
  • Double Oven
  • Galley Kitchen

About This Home

As of August 2018

Stately home situated on a 100' x 183' park like lot. Located in the prestigious estate section of River Forest. Designed by architects Perkins & will in 1941. This beauty was built like a castle. Be greeted by a circular drive and private English courtyard. High ceilings and spectacular built-ins thru-out. 3 Wood burning fireplaces. Charming outdoor covered patio. Library w/book-matched wood paneling. Dining room features floor to ceiling windows w/views of the amazing backyard & perennial gardens. Light filled kitchen boasts an abundance of counter and cabinet space. The impressive lower level has a dazzling 18' neon lit, glass block bar w/stainless ref, icemaker and wine cooler. Upstairs enjoy generously sized bedrooms w/plenty of closet space, built-ins and a 2nd floor laundry. The mechanicals have been impeccably maintained. Set back from the quiet street for privacy, this home exudes elegance and character. A must see!

Last Agent to Sell the Property

Tom Poulos

Compass License #471004158 Listed on: 04/10/2018

Compass

Last Buyer's Agent

Colleen Navigato

Compass License #475134714

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,350

Year Built

  • 1941

Lot Details

  • 0.42

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Tile Roof
  • Stone Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Wet Bar
  • Entrance Foyer
  • Library
  • Recreation Room
  • Heated Sun or Florida Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Galley Kitchen
  • Double Oven
  • Dishwasher
  • Wine Cooler
  • Disposal

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,350

Year Built

1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Age: 71-80 Years
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Square Footage Comments: Upper Floor Square Footage: 1868 Main Floor Square Footage: 2223 Basement Finished Square Footage: 924
  • Total Full or Half Bathrooms: 4.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1941
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1941

Interior Features

  • Interior Property Features: Bar-Wet, 2nd Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 27X18, On Level: Main Level
  • Appliances: Oven-Double, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Wine Cooler/Refrigerator
  • Equipment: Humidifier, TV-Cable, TV-Dish, Security System, Sump Pump, Sprinkler-Lawn
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished, Unfinished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 19X17, On Level: Main Level
  • Kitchen Type: Dimensions: 30X11, On Level: Main Level
  • Kitchen Type: Galley
  • Additional Rooms: 5th Bedroom, Library, Recreation Room, Foyer, Sun/Florida Room Heated
  • Master Bedroom: Dimensions: 26X20, On Level: 2nd Level
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 12X9, On Level: 2nd Level
  • Additional Room 2 Name: Library, Dimensions: 17X12, On Level: Main Level
  • Bedroom 2: Dimensions: 19X14, On Level: 2nd Level
  • Additional Room 3 Name: Recreation Rm, Dimensions: 42X22, On Level: Basement
  • Bedroom 3: Dimensions: 16X14, On Level: 2nd Level
  • Additional Room 4 Name: Foyer, Dimensions: 9X7, On Level: Main Level
  • Bedroom 4: Dimensions: 17X13, On Level: 2nd Level
  • Additional Room 5 Name: Sun/Florida Room Heated, Dimensions: 14X13, On Level: Main Level
  • Estimated Sq Ft: 4091
  • Dining Room Type: Separate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Stone
  • Roof Type: Tile
  • Exterior Property Features: Balcony, Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 400 Amp Service or Greater
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • School District: 200
  • Elementary School: WILLARD ELEMENTARY SCHOOL
  • Middle School: ROOSEVELT SCHOOL
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: 100 X 183
  • Parcel Identification Number: 15013090110000

Tax Info

  • Taxes: 21323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Aug 6, 2018
Sold by
Locascio Lawrence J and Locascio Anne G
Bought by
Nix Matthew T and Nix Katherine S
Seller's Agent
Tom Poulos
Compass
Buyer's Agent
Colleen Navigato
Compass
List Price
$1,325,000
Sold Price
$1,165,000
Premium/Discount to List
-$160,000
-12.08%
Total Days on Market
76
Current Estimated Value
$1,593,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,916
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Locascio Lawrence J and Locascio Anne G
Bought by
Locascio Lawrence J and Locascio Anne G

Purchase Details

Closed on
Sep 1, 1994
Sold by
Locascio Lawrence J and Locascio Anne G
Bought by
Locascio Lawrence J and Locascio Anne G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nix Matthew T $1,165,000 Prairie Title
Locascio Lawrence J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nix Matthew T $590,000
Closed Nix Matthew T $600,000
Previous Owner Locascio Lawrence J $399,000
Previous Owner Locascio Lawrence J $200,000
Previous Owner Locascio Lawrence J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $1,165,000 -7.5% $285 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $1,259,000 -5.0% $308 / Sq Ft
04/10/2018 04/10/18 For Sale $1,325,000 -- $324 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,350 $112,861 $22,080 $90,781
2023 $24,350 $112,861 $22,080 $90,781
2022 $24,350 $78,825 $19,320 $59,505
2021 $23,478 $78,825 $19,320 $59,505
2020 $24,075 $78,825 $19,320 $59,505
2019 $25,431 $81,919 $17,480 $64,439
2018 $24,075 $81,919 $17,480 $64,439
2017 $23,037 $84,744 $17,480 $67,264
2016 $21,324 $70,567 $14,720 $55,847
2015 $21,472 $72,440 $14,720 $57,720
2014 $19,695 $72,440 $14,720 $57,720
2013 $25,074 $93,373 $14,720 $78,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09910887

Midwest Real Estate Data (MRED)

APN: 15-01-309-011-0000