NOT LISTED FOR SALE

1122 Forest Ave River Forest, IL 60305

Estimated Value: $1,660,000 - $1,970,000

6 Beds
5.5 Baths
5,362 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $1,200,000 $224 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,728/month

124 Days on Market

Highlights

  • Home Theater
  • 0.5 Acre Lot
  • Family Room with Fireplace
  • Willard Elementary School Rated A
  • Deck
  • Recreation Room

About This Home

As of June 2020

Gracious center entrance brick home located on a half acre lot in the Northwoods section of River Forest. The open floor plan meets today's style of living. Huge, chef's kitchen opens to bright & spacious family room. The kitchen features high-end appliances, large center island & casual dining space. There is also a formal dining room. The family room has vaulted ceiling, bands of windows and gas fireplace. French doors open to beautifully landscaped, park-like yard. There is also a separate fenced dog run. The master bedroom is located in a separate wing of the house with lots of closets and private spa bath. The first floor guest suite with full bath is currently being used as office space. There is an additional office also located on the first floor. You will love the attached, heated, 3 car garage. Gorgeous family home - move in ready. Great schools - easy commute.

Last Agent to Sell the Property

Tony & Kathy Iwersen

@properties Christie's International Real Estate License #471005402 Listed on: 01/14/2020

@properties   Christie's International Real Estate

Co-Listed By

Kathy Iwersen

@properties Christie's International Real Estate License #475135543

Last Buyer's Agent

Karen Stierwalt

@properties Christie's International Real Estate License #475135573

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,341

Year Built

  • Built in 1928 | Remodeled in 2004

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100 x 218
  • Dog Run

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,362 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Window Screens
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Loft
  • Heated Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Home Gym
  • Tandem Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,341

Year Built

Built in 1928 | Remodeled in 2004

Lot Details

0

Parking

3

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: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2004
  • New Construction Y/N: No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Renovated: 2004

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Partially Finished, Full
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 5362
  • Room Type: Bedroom 5, Bedroom 6, Breakfast Room, Exercise Room, Foyer, Loft, Media Room, Mud Room, Office, Recreation Room, Storage, Heated Sun Room, Tandem Room, Utility Room-Lower Level, Walk In Closet, Other Room
  • Window Features: Screens, Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Cedar
  • ExteriorFeatures: Dog Run
  • Foundation Details: Concrete Perimeter
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Screened
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, On Site, Garage Owned, Attached, Driveway, Owned, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Radiant Floor
  • Water Source: 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: 0.5028
  • Lot Dimensions: 100 X 218
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 42341
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Jun 28, 2020
Sold by
Lipton Cheryl K and Lipton Robert L
Bought by
Armstrong Julie A and Mohan Craig
Seller's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
Buyer's Agent
Karen Stierwalt
@properties Christie's International Real Estate
List Price
$1,219,000
Sold Price
$1,200,000
Premium/Discount to List
-$19,000
-1.56%
Current Estimated Value
$1,826,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,435
Avg. Annual Appreciation
7.84%
Original Mortgage
$840,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2001
Sold by
Nickels Paula K
Bought by
Lipton Cheryl K and Cheryl K Lipton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Armstrong Julie A $1,200,000 Chicago Title Company
Lipton Cheryl K $1,182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Julie A $840,000
Previous Owner Lipton Cheryl K $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $1,200,000 -1.6% $224 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $1,219,000 0.0% $227 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,219,000 -- $227 / 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 $38,240 $143,000 $26,280 $116,720
2024 $38,240 $143,000 $26,280 $116,720
2023 $42,958 $143,000 $26,280 $116,720
2022 $42,958 $136,451 $22,995 $113,456
2021 $42,434 $136,450 $22,995 $113,455
2020 $40,520 $136,450 $22,995 $113,455
2019 $40,267 $133,139 $20,805 $112,334
2018 $42,341 $147,509 $20,805 $126,704
2017 $42,207 $147,509 $20,805 $126,704
2016 $36,206 $115,044 $17,520 $97,524
2015 $35,528 $115,044 $17,520 $97,524
2014 $32,560 $115,044 $17,520 $97,524
2013 $27,576 $100,363 $17,520 $82,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10587706

Midwest Real Estate Data (MRED)

APN: 15-01-301-018-0000