NOT LISTED FOR SALE

1023 Park Ave River Forest, IL 60305

Estimated Value: $1,837,000 - $2,081,000

7 Beds
7 Baths
4,312 Sq Ft
$451/Sq Ft Est. Value

Last Sold June 15, 2020

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

Est. 26% increase in value since last sale

Current estimated payment $12,878/month

20 Days on Market

Highlights

  • Second Kitchen
  • Rooftop Deck
  • Recreation Room
  • Willard Elementary School Rated A
  • Heated Floors
  • Tudor Architecture

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

  • $23,932

Year Built

  • 1927

Lot Details

  • Southern Exposure
  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Utility Room with Study Area
  • Home Gym
  • Storm Screens

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Brick Porch or Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiator
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,932

Year Built

1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 6.1
  • Style Of House: Tudor
  • Type Detached: 3 Stories
  • Estimated Year Built: 1927
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors, 2nd Floor Laundry, Built-in Features, Walk-In Closet(s)
  • Number Of Rooms: 17
  • Living Room: Dimensions: 28X17, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Oven/Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Freezer, Washer, Dryer, Disposal, Grill-Indoor, All Stainless Steel Kitchen Appliances, Range Hood
  • Equipment: Security System, CO Detectors
  • Fireplace Details: Wood Burning, Gas Logs
  • Attic: Full, Unfinished
  • Fireplace Location: Living Room, Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 7
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 7
  • Laundry: Dimensions: 16X11, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 18X18, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: 5th Bedroom, 6th Bedroom, 7th Bedroom, Breakfast Room, Office, Study, Recreation Room, Exercise Room, 2nd Kitchen, Foyer
  • Master Bedroom: Dimensions: 23X17, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: 6th Bdrm, Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 17X18, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: 7th Bdrm, Dimensions: 10X10, On Level: 3rd Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Breakfast Rm, Dimensions: 13X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 4: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 5 Name: Office, Dimensions: 10X15, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 6 Name: Study, Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet, Windows: All
  • Additional Room 7 Name: Recreation Rm, Dimensions: 27X16, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 8 Name: Exercise Rm, Dimensions: 18X13, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 9 Name: 2nd Kitchen, Dimensions: 7X10, On Level: Basement, Flooring: Other, Windows: None
  • Additional Room 10 Name: Foyer, Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 4312
  • Dining Room Type: Separate
  • Family Room: Dimensions: 21X17, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Slate
  • Exterior Property Features: Balcony, Patio, Roof Deck, Brick Paver Patio, Storms/Screens, Outdoor Grill, Fire Pit
  • Exposure: N (North), S (South), E (East), W (West)
  • Acreage: 0.4224

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric, Forced Air, Radiators, 2+ Sep Heating Systems, Indv Controls, Zoned

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 185
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 15013090040000

Tax Info

  • Taxes: 27026

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%
Total Days on Market
20
Current Estimated Value
$1,946,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,369
Avg. Annual Appreciation
1.93%
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

Range of Values:

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Average Value
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List Price
Sold Price
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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
Previous Owner Ong Jerry J $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
2024 $23,932 $129,406 $22,080 $107,326
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: MRD10623752

Midwest Real Estate Data (MRED)

APN: 15-01-309-004-0000