NOT LISTED FOR SALE

1241 Park Ave River Forest, IL 60305

Estimated Value: $786,000 - $893,000

3 Beds
3 Baths
2,329 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $589,500 $253 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,510/month

4 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Sitting Room
  • Willard Elementary School Rated A
  • 3 Fireplaces
  • Balcony

About This Home

As of March 2023

Expanded mid-century ranch home in the heart of River Forest on a beautiful block populated by distinguished homes. The home was extensively remodeled in the 1990's, when a huge, well-appointed kitchen was designed with glass doors to a rear deck overlooking a lovely back yard and patio. Two upstairs bedrooms and a large master bath were also added during the 1990 remodel. Most rooms are large and bright. Flexible first floor - room next to kitchen is currently used as a family room but could easily be a formal dining room. The 2nd floor bedrooms have sliding doors to a balcony overlooking back yard. The master bedroom has a walk in closet and an adjoining huge master bath with double sinks, whirlpool tub and separate shower. The finished basement has a large family room with fireplace, a separate wet bar, and recreation area, and a kitchen/laundry room. The fully fenced backyard has a deck, and two separate paver patios, one with a large, unique, brick barbeque/oven. This home needs updating but represents a great opportunity for either a homeowner or a professional contractor/builder who may wish to rehab or expand. This 3 Bedroom/3 bath home is an estate sale and is being sold "as is".

Last Agent to Sell the Property

Jane McClelland

RE/MAX In The Village License #475127734 Listed on: 02/16/2023

RE/MAX In The Village

Last Buyer's Agent

Tom Campone

Keller Williams ONEChicago License #475168205

Keller Williams ONEChicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,896

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 50 x 180

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,329 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights
  • 3 Fireplaces
  • Family Room
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Brick Porch or Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,896

Year Built

Built in 1953

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: 1953
  • 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): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 3
  • Interior Amenities: Skylight(s), Bar-Wet, Walk-In Closet(s)
  • LivingArea: 2329
  • Room Type: Recreation Room, Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Balcony, Deck, Patio, Brick Paver Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air, Baseboard, Sep Heating Systems - 2+
  • 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: No
  • Lot Dimensions: 50 X 180
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 15896
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 17, 2023
Sold by
Marani Felio
Bought by
Miller Samuel Donald Dougl and Miller Shannon Hume
Seller's Agent
Jane McClelland
RE/MAX In The Village
Buyer's Agent
Tom Campone
Keller Williams ONEChicago
List Price
$589,500
Sold Price
$589,500
Views
72
Current Estimated Value
$830,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,110
Avg. Annual Appreciation
12.78%
Original Mortgage
$560,025
Outstanding Balance
$542,594
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$288,016

Purchase Details

Closed on
Apr 2, 2009
Sold by
Marani Felio I and Marani Lillian L
Bought by
Marani Felio I and Marani Lillian L
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
Miller Samuel Donald Dougl $589,500 Prairie Title
Marani Felio I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Samuel Donald Dougl $560,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $589,500 0.0% $253 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $589,500 -- $253 / 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 $14,504 $58,950 $13,801 $45,149
2024 $14,504 $58,950 $13,801 $45,149
2023 $15,593 $77,000 $13,801 $63,199
2022 $15,593 $54,445 $11,991 $42,454
2021 $15,896 $54,445 $11,991 $42,454
2020 $15,602 $54,445 $11,991 $42,454
2019 $14,695 $50,767 $10,860 $39,907
2018 $14,340 $52,230 $10,860 $41,370
2017 $15,797 $57,322 $10,860 $46,462
2016 $11,747 $39,012 $9,050 $29,962
2015 $12,269 $41,445 $9,050 $32,395
2014 $13,115 $47,873 $9,050 $38,823
2013 $13,804 $51,554 $9,050 $42,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11711099

Midwest Real Estate Data (MRED)

APN: 15-01-111-009-0000