NOT LISTED FOR SALE

1026 Park Ave River Forest, IL 60305

Estimated Value: $1,336,078 - $2,154,000

6 Beds
6 Baths
7,423 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $1,850,000 $249 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $10,712/month

7 Days on Market

Highlights

  • Heated Floors
  • 0.48 Acre Lot
  • Mature Trees
  • Willard Elementary School Rated A
  • Landscaped Professionally
  • Fireplace in Primary Bedroom

About This Home

As of August 2022

The magnificent home of G. Herbert Shorney, designed by noted north shore architect Stanley D Anderson captures your imagination from the moment you step inside. This timeless and elegant estate in River Forest has all the charm of yesterday, yet is designed for today's luxury lifestyle. Beautiful hardwood flooring, significant millwork, arched windows and doorways, wainscoting, French doors, majestic spiral staircase. Every room is flooded with natural light. The oversized living room and dining rooms are well suited for all your life's celebrations. The chef's kitchen- with professional-grade appliances (Wolf, Miele, and SubZero) custom cabinetry, stunning display China cabinet, breakfast bar, walk-in pantry, and built in the window seat- opens to an AMAZING family room with Marvin windows and doors that showcases the private garden that is nothing short of SPECTACULAR. Just imagine the incredible gatherings you can host here - or just simply relax and enjoy nature's beauty. A sunroom with arched and exposed brick walls overlooks the blue stone patio. The richly appointed library is ideal for working from home. The second floor features 5 bedrooms and 4 full baths (all remodeled in the last 3 years.) The primary suite, with lookout Juliet balconies is simply exceptional with a luxury spa bath (finished with Italian Vallelunga tile, Robern mirrors, Rohl shower fixtures, Nuheat heated floors) dressing area with built-in dressers, wardrobes and vanity table and custom-designed California Closet. The second floor includes 3 add' l generously sized bedrooms, perfectly placed to ensure privacy, and 2 full luxe baths (updated in the past 3 years with high-end finishes such as Restoration Hardware, Grohe, Kohler, Maxx, Toto). Plus, an au pair/ in-law suite with sitting room, dressing area, private bath, and bedroom) can accommodate long-term living arrangements. The loft space makes for a quaint reading nook. Linen and cedar closets provide plenty of storage. 3rd floor finished walk-up attic easily converts to a playroom or second office. The lower level offers a recreation room, cellar, storage, laundry room, mechanical room, and space for a gym. Minutes from shopping, schools, and transit. An incredible property for those who demand the finest.

Last Agent to Sell the Property

Rosaria Becker

@properties Christie's International Real Estate License #475157984 Listed on: 06/07/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Juana Honeycutt

Compass License #475122247

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,008

Year Built

  • Built in 1937 | Remodeled in 2019

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 95 x 218
  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,423 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Bar Fridge
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Library with Fireplace
  • Recreation Room
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Attic

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry
  • Laundry Chute

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

Schools

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

Utilities

  • Zoned Heating and Cooling
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,008

Year Built

Built in 1937 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1937
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Gas Log
  • Fireplaces: 5
  • Interior Amenities: Bar-Wet, Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Bookcases
  • LivingArea: 7423
  • Room Type: Bedroom 5, Bedroom 6, Sitting Room, Library, Attic, Recreation Room, Heated Sun Room, Foyer, Storage, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Exterior Access
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement,Den/Library
  • Square Footage Comments: PER VHT- MEASURED LIVING SPACE IS 7423
  • Total Sq Ft: 0
  • Attic: Finished,Interior Stair
  • Door Features: French Doors,Sliding Doors,Pocket Door(s),Sliding Glass Door(s)
  • Flooring: Hardwood

Exterior Features

  • Lot Features: Fenced Yard, Landscaped, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Window/Wall Unit - 1, Zoned
  • Heating: Natural Gas, Steam
  • Laundry Features: Gas Dryer Hookup, Laundry Chute, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

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: Yes
  • Lot Size Acres: 0.475
  • Lot Dimensions: 95 X 218
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 29008.2
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2003
Sold by
Ryan Thomas C and Ryan Jody L
Bought by
Mclaughlin Brian and Mclaughlin Linda
Current Estimated Value
$1,771,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$361,849
Interest Rate
6.23%
Mortgage Type
Unknown
Estimated Equity
$1,363,671
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclaughlin Brian $1,500,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Brian $800,000
Closed Mclaughlin Brian $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2022 08/08/22 Sold $1,850,000 +0.1% $249 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $1,849,000 -- $249 / 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 $17,520 $65,657 $13,140 $52,517
2024 $17,520 $65,657 $13,140 $52,517
2023 $15,548 $65,657 $13,140 $52,517
2022 $15,548 $49,860 $11,498 $38,362
2021 $14,988 $49,858 $11,497 $38,361
2020 $14,679 $49,858 $11,497 $38,361
2019 $17,912 $59,414 $10,402 $49,012
2018 $19,350 $67,561 $10,402 $57,159
2017 $20,749 $72,544 $10,402 $62,142
2016 $16,771 $53,383 $8,760 $44,623
2015 $17,460 $56,558 $8,760 $47,798
2014 $16,614 $58,676 $8,760 $49,916
2013 $13,290 $48,417 $8,760 $39,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11428122

Midwest Real Estate Data (MRED)

APN: 15-01-308-017-0000