NOT LISTED FOR SALE

1420 Park Ave River Forest, IL 60305

Estimated Value: $890,348 - $1,216,000

4 Beds
3 Baths
3,012 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $800,000 $266 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,320/month

26 Days on Market

Highlights

  • Sauna
  • Recreation Room
  • Vaulted Ceiling
  • Willard Elementary School Rated A
  • Wooded Lot
  • 3-minute walk to Constitution Park

About This Home

As of August 2019

Don't miss this one! Tremendous value in the this River Forest home located in Willard Elementary District. Updated and upgraded throughout. 2 story home with finished basement. First floor features include hardwood flooring, large living room with built ins and fireplace, dining room, updated kitchen with custom cabinets, stainless steel appliances, center island designed for entertaining. Expansive family room with views of the backyard and an additional fireplace. 2nd story features four large bedrooms, including a master suite with vaulted ceilings, beams and a renovated bathroom with designer finishes and steam shower. Additional office/5th bedroom on second level. Finished basement, 2 car garage, new siding and roof. Home is situated on a tree lined street with incredible architecture all around. Close to shopping, nightlife and transportation. So many news! Move in today

Last Agent to Sell the Property

Nathan Stillwell

john greene, Realtor License #475147609 Listed on: 05/24/2019

john greene, Realtor

Last Buyer's Agent

Adriana Laura Cook

eXp Realty License #475149276

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,411

Year Built | Renovated

  • 1942 | 2016

Lot Details

  • Wooded Lot

Parking

  • Detached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Sauna
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Partial Air Conditioning Available
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,411

Year Built | Renovated

1942 | 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 71-80 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 3
  • Ownership: Fee Simple
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1942
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Sauna/Steam Room, Hardwood Floors, Wood Laminate Floors
  • Number Of Rooms: 11
  • Living Room: Dimensions: 20X13, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 18X12, On Level: Basement
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Office, Breakfast Room, Recreation Room
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Breakfast Rm, Dimensions: 9X7, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 24X13, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 20X10, On Level: 2nd Level, Flooring: Hardwood
  • Estimated Sq Ft: 3012
  • Dining Room Type: Separate
  • Family Room: Dimensions: 23X19, On Level: Main Level, Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.2034

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Partial, Zoned
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, Zoned

Condo/Co-op/Association

  • Assessed Sq Ft: 2326

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: 48 X 185
  • Lot Description: Wooded
  • Parcel Identification Number: 15011030540000

Tax Info

  • Taxes: 19913.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 30, 2019
Sold by
Licht Michael
Bought by
Williams Travis and Williams Autumn
Seller's Agent
Nathan Stillwell
john greene, Realtor
Buyer's Agent
Adriana Laura Cook
eXp Realty
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%
Current Estimated Value
$1,071,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,968
Avg. Annual Appreciation
4.88%
Original Mortgage
$525,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2019
Sold by
Licht Sara S
Bought by
Licht Michael J

Purchase Details

Listed on
Nov 9, 2015
Closed on
May 2, 2016
Sold by
Latz Leo J and Latz Mary K
Bought by
Licht Michael J and Licht Sara S
Seller's Agent
Michael O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Susan Maienza
Berkshire Hathaway HomeServices Chicago
List Price
$739,000
Sold Price
$685,000
Premium/Discount to List
-$54,000
-7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$548,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1993
Sold by
Moroney Paul
Bought by
Latz Leo J and Latz Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7%
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
Williams Travis $800,000 Affinity Title Services Llc
Licht Michael J -- None Available
Licht Michael J $685,000 Prairie Title
Latz Leo J $283,333 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Autumn $547,500
Closed Williams Travis $525,000
Previous Owner Licht Michael J $75,000
Previous Owner Licht Michael J $548,000
Previous Owner Latz Leo J $244,425
Previous Owner Latz Leo J $417,000
Previous Owner Latz Leo J $200,000
Previous Owner Latz Leo J $383,100
Previous Owner Latz Leo J $305,000
Previous Owner Latz Leo J $50,000
Previous Owner Latz Leo J $292,000
Previous Owner Latz Leo J $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $800,000 -3.5% $266 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $829,000 +21.0% $275 / Sq Ft
05/06/2016 05/06/16 Sold $685,000 -7.3% $254 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $739,000 -- $274 / 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 $17,411 $65,456 $10,631 $54,825
2023 $18,747 $66,916 $10,631 $56,285
2022 $18,747 $61,475 $9,302 $52,173
2021 $18,082 $61,473 $9,301 $52,172
2020 $19,582 $67,544 $9,301 $58,243
2019 $17,195 $58,820 $8,416 $50,404
2018 $16,277 $58,820 $8,416 $50,404
2017 $19,913 $68,001 $8,416 $59,585
2016 $18,954 $61,415 $7,087 $54,328
2015 $18,580 $61,415 $7,087 $54,328
2014 $17,035 $61,415 $7,087 $54,328
2013 $17,472 $64,552 $16,389 $48,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10391280

Midwest Real Estate Data (MRED)

APN: 15-01-103-054-0000