NOT LISTED FOR SALE

1023 Park Ave River Forest, IL 60305

Estimated Value: $1,681,000 - $2,005,000

7 Beds
6.5 Baths
4,312 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,540,000 $357 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,358/month

20 Days on Market

Highlights

  • Second Kitchen
  • Rooftop Deck
  • Living Room with Fireplace
  • Willard Elementary School Rated A
  • 0.42 Acre Lot
  • Recreation Room

About This Home

As of June 2020

Welcome to this beautifully appointed English Tudor in the estate section of River Forest. This luxurious Burma built home is filled with natural light and is the epitome of form, function and style. Enter through the gracious large foyer to experience the 10 foot ceilings, crown moldings, hardwood floors & ornate wrought iron bannister. Step down to the living room with beautiful crown moldings, stone fireplace and french doors. The large sunny family room has great backyard views and french doors that open to the paver brick patio. There is a spacious, private office just off the family room. The formal dining room has a bay window and will accommodate large family gatherings. The updated custom kitchen features new tile backsplash, counter tops and recently refinished cherry cabinets. There is a breakfast bar and adjacent built in office space which could be easily converted to extra kitchen cabinetry. The breakfast room has built-in cabinetry and a view of the back yard entertainment area. Just off the upstairs landing is a private balcony which accommodates furniture. The extra large master suite has a new bath & walk-in closet. 2nd & 3rd bedrooms share a "Jack & Jill" bath. The 4th bedroom features a large balcony with a wall mounted TV - a great summer hangout. The 2nd floor extends to a large "study room" with a laundry closet. There are two addition bedrooms off the "study room" and a full bath. The 3rd floor has a great "nanny suite" with a full bath. The remainder of the 3rd floor is unfinished storage space. The lower level is "party central" with a kitchenette, fireplace, full bath, and heated floors. There is also a spacious laundry room and separate workout room. This home has been meticulously maintained with newer mechanicals. New (2019) zoned HVAC, two water heaters, 400 amp electric service, whole house generator, drain tiles, sump pump and lift system ejector pump. There are newer windows throughout the house and built in speakers on the 1st floor, lower level and patio. The beautifully landscaped yard has a pergola/outdoor dining, lighted basketball court and storage unit. There is an attached, heated, 2 1/2 car garage, and a fully fenced yard with electric gate. This is a gorgeous home!

Last Agent to Sell the Property

Tony & Kathy Iwersen

@properties Christie's International Real Estate License #471005402 Listed on: 01/31/2020

@properties   Christie's International Real Estate

Co-Listed By

Kathy Iwersen

@properties Christie's International Real Estate License #475135543

Last Buyer's Agent

Elizabeth August

@properties Christie's International Real Estate License #475135225

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,026

Year Built

  • Built in 1927

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 185
  • Fenced

Parking

  • 2.5 Car Garage
  • Parking Included in Price

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,312 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Utility Room with Study Area
  • Home Gym
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Double Oven
  • Indoor Grill
  • Range with Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Fire Pit
  • Pergola
  • Outdoor Grill

Schools

  • Willard Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 200+ Amp Service
  • Lake Michigan Water

Community Details

  • English Tutor

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,026

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Tudor
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Indoor Grill, Stainless Steel Appliance(s), Range Hood
  • Basement: Finished, Full
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • LivingArea: 4312
  • Other Equipment: Security System, CO Detectors
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Breakfast Room, Office, Study, Recreation Room, Exercise Room, Kitchen, Foyer
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 0
  • Attic: Full,Unfinished
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony, Roof Deck, Outdoor Grill, Fire Pit
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Other, Pergola
  • Patio And Porch Features: Patio, Deck
  • Roof: Slate
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Side Driveway, Other, Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2.5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Electric, Forced Air, Radiator(s), Sep Heating Systems - 2+, Indv Controls, Zoned, Radiant Floor
  • Laundry Features: Upper Level, Gas Dryer Hookup, Electric Dryer Hookup, Laundry Chute, Multiple Locations, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Willard Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.4224
  • Lot Dimensions: 100 X 185
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 27026
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jun 8, 2020
Sold by
Moore Noel G and Moore Michele M
Bought by
Cheronis Damon M and Cheronis Andrea M
Seller's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth August
@properties Christie's International Real Estate
List Price
$1,650,000
Sold Price
$1,540,000
Premium/Discount to List
-$110,000
-6.67%
Current Estimated Value
$1,815,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,071
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,078,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Ong Jerry J
Bought by
Moore Noel G and Moore Michele M
Source: Public Records
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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
Cheronis Damon M $1,540,000 Attorneys Ttl Guaranty Fund
Moore Noel G $1,550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheronis Damon M $1,078,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $1,540,000 -6.7% $357 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $1,650,000 -- $383 / 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
2025 $34,518 $122,032 $22,080 $99,952
2024 $34,518 $122,032 $22,080 $99,952
2023 $23,932 $129,406 $22,080 $107,326
2022 $23,932 $77,532 $19,320 $58,212
2021 $24,447 $78,610 $19,320 $59,290
2020 $22,944 $78,610 $19,320 $59,290
2019 $28,551 $95,398 $17,480 $77,918
2018 $27,026 $95,398 $17,480 $77,918
2017 $26,947 $95,398 $17,480 $77,918
2016 $30,349 $96,839 $14,720 $82,119
2015 $29,775 $96,839 $14,720 $82,119
2014 $27,290 $96,839 $14,720 $82,119
2013 $27,392 $99,710 $14,720 $84,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10623752

Midwest Real Estate Data (MRED)

APN: 15-01-309-004-0000