NOT LISTED FOR SALE

1223 Franklin Ave River Forest, IL 60305

Estimated Value: $931,000 - $1,059,605

3 Beds
4 Baths
2,748 Sq Ft
$370/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $855,000 $311 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,206/month

101 Days on Market

Highlights

  • Bar or Lounge
  • Open Floorplan
  • Property is near a park
  • Willard Elementary School Rated A
  • Deck
  • 4-minute walk to Constitution Park

About This Home

As of November 2022

This mid century modern ranch offers tons of functional living space & natural light on the main level. The main floor features 3 large bedrooms, 2 Full baths and a powder room off of the foyer for guests. Many original items have been kept in place from the original front door, flagstone foyer with period mirrored glass and large coat closets. Midcentury modern lovers will adore the vintage den which received new oak wood floors to tie into the rest of the home. The classic den retains its wood burning fireplace and original stone hearth with built-in cabinets & secretary for all of your albums, books, work and tech needs from Hi-Fi to Wi Fi. A completely new custom kitchen has been completed and includes a walk-in pantry, laundry room/mud room with lockers and are conveniently located off the attached large 2 car garage. New kitchen picture window, new custom CountrysideCabinets Kitchen cabinets feature soft closing cabinets and dovetailed drawers with matte gold handles/pulls & faucets to accentuate the white Quartz countertops and marble lit bascksplashs. Brand new stainless steel GE Profile appliance package features new stove with hood vent above a marble backsplash, energy efficient refrigerator and below shelf microwave. All new bathrooms throughout: The ensuite primary bedroom features a full bath remodel with skylight, large white marble shower with bench and glass partition, dresser style sink with below sink storage drawers. The 2nd full bathroom is easily accessible between the other two large main floor bedrooms. The full bath was recently completed keeping the style of the period with updated modern conveniences: New shower/tub combination, new porcelain tile flooring, dual sink vanity, linen closet, new mirrors, porcelain tiled backsplash, and matte gold 3 station fixtures and new solid doors. *The listing pictures show the large 2nd and 3rd bedrooms currently and what they may look like with virtual paint and adult furniture. The popcorn ceilings have been removed throughout the residence while keeping the original recessed light fixtures in place and adding additional recessed lighting over the formal dining area. The completely refinished basement boasts all new windows, solid doors, new recessed lighting on dimmer switches throughout. The floors were redone using a luxury vinyl tile, that is cork backed and mold resistant. The additional framed-out basement bonus room with closet would make for a fantastic office, gym, home theater or 4th bedroom. Ideal finished basement with access to a powder room, full working wet bar with mini fridge, microwave, and white quartz counter bar top. Currently the lower level is being used as a guest room with HUGE recreation room divided into multiple sitting areas. Need storage space? 4 additional storage closets including a cedar-lined closet for seasonal clothing. MECHANICS: Bryant furnace 2016, Payne AC 2022, hot water tank 2016. New Electrical, new windows. GARAGE: The attached 2.5 car heated garage offers built-in cabinets and additional refrigerator. EXTERIOR Improvements include: 2016 removal of old electric lines, new roof 2016, complete painting of exterior 2022, new window wells 2022, complete 2020 renovation of drainage system, downspouts & sewer clean out. Pet lovers will be glad to know the entire yard has been gated. ARCHITECTURE: Designed by Harold H. Croft, built with its mirror image example next door at 1227 Franklin in 1954, the homes were then built by his father Sam L. Croft. LOCATION: Easy walk to Willard elementary School next door. Conveniently located near great restaurants, multiple grocery stores, fitness/health clubs and mix of active and serene parks. 1223 Franklin truly is a great home.

Last Agent to Sell the Property

Thomas Youngblood

@properties Christie's International Real Estate License #475129915 Listed on: 07/13/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Gail Spreen

Jameson Sotheby's Intl Realty License #471004676

Jameson Sotheby's Intl Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,473

Year Built

  • Built in 1955 | Remodeled in 2020

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65x181
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,748 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Lower Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Bar or Lounge

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,473

Year Built

Built in 1955 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1378
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Bar-Wet, Hardwood Floors, First Floor Laundry, Built-in Features, Open Floorplan, Cocktail Lounge, Granite Counters
  • LivingArea: 2748
  • Room Type: Foyer, Recreation Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 3784
  • Basement Description: Finished,Rec/Family Area,Sleeping Area,Storage Space
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2406
  • Basement Sq Ft: 1378
  • Fireplace Location: Family Room
  • Square Footage Comments: Please see Floor plans for total finished living sq. ft. including finished basement puts livable sq. footage @3700
  • Total Sq Ft: 3784
  • Upper Level Sq Ft: 2406
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 869000
  • OtherStructures: Garage(s)
  • 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
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • 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
  • Middle/Junior School District: 90

Lot Info

  • Lot Size Acres: 0.2701
  • Lot Dimensions: 65X181
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 18473.23
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Kehoe Donna
Bought by
Kehoe Family Revocable Trust and Kehoe
Current Estimated Value
$995,355

Purchase Details

Listed on
Jul 13, 2022
Closed on
Nov 2, 2022
Sold by
Struck Katharine E
Bought by
Kehoe Donna
Seller's Agent
Thomas Youngblood
@properties Christie's International Real Estate
Buyer's Agent
Gail Spreen
Jameson Sotheby's Intl Realty
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
May 16, 2017
Sold by
Bailey Bailey Larry Lee Larry Lee
Bought by
Struck Katharine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1998
Sold by
Bailey Larry Lee and Bailey Neva J
Bought by
Bailey Larry Lee and Bailey Neva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.12%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Christopher Esther
Bought by
Bailey Larry L and Bailey Neva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.12%
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
Kehoe Family Revocable Trust -- None Listed On Document
Kehoe Donna $855,000 Fidelity National Title
Struck Katharine E $535,000 First American Title
Bailey Larry Lee -- --
Bailey Larry L $377,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Struck Katharine E $424,100
Previous Owner Bailey Larry Lee $347,650
Previous Owner Bailey Larry Lee $350,000
Previous Owner Bailey Larry Lee $200,000
Previous Owner Bailey Larry Lee $100,000
Previous Owner Bailey Larry Lee $195,000
Previous Owner Bailey Larry Lee $100,000
Previous Owner Bailey Larry Lee $75,000
Previous Owner Bailey Larry L $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $855,000 -1.6% $311 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/27/2022 09/27/22 Price Changed $869,000 -0.7% $316 / Sq Ft
09/08/2022 09/08/22 For Sale $875,000 0.0% $318 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $875,000 -3.8% $318 / Sq Ft
08/11/2022 08/11/22 Price Changed $910,000 -2.7% $331 / Sq Ft
07/13/2022 07/13/22 For Sale $935,000 -- $340 / 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 $21,088 $83,000 $17,942 $65,058
2023 $18,260 $83,000 $17,942 $65,058
2022 $18,260 $59,969 $15,589 $44,380
2021 $17,614 $59,968 $15,588 $44,380
2020 $18,437 $63,777 $15,588 $48,189
2019 $19,338 $62,291 $14,118 $48,173
2018 $18,306 $62,291 $14,118 $48,173
2017 $17,253 $62,291 $14,118 $48,173
2016 $16,801 $54,724 $11,765 $42,959
2015 $16,465 $54,724 $11,765 $42,959
2014 $15,098 $54,724 $11,765 $42,959
2013 $15,922 $59,058 $11,765 $47,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11462854

Midwest Real Estate Data (MRED)

APN: 15-01-112-041-0000