NOT LISTED FOR SALE

1519 Franklin Ave River Forest, IL 60305

Estimated Value: $602,000 - $746,000

3 Beds
3 Baths
1,768 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $385,000 $218 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,847/month

150 Days on Market

Highlights

  • Sun or Florida Room
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Willard Elementary School Rated A
  • Property is near a bus stop
  • 4-minute walk to Constitution Park

About This Home

As of February 2020

Perfect Rehab opportunity- ARV is $720,000- asking $425,000 AS IS Work needed to get it into sparkling shape. PERMITS, FFE AND PLANS INCLUDED. Photos are renderings of what the finished product could look like. Gorgeous brick home in the heart of River Forest- 3 bedrooms- 2.5 baths (with potential for 3rd)-2 car garage and massive fenced in PRIVATE yard. Don't let this one pass you by! Excellent schools and close to great dining, shopping and more!

Last Agent to Sell the Property

Sondra Barrett

@properties Christie's International Real Estate License #475155434 Listed on: 07/25/2019

@properties Christie's International Real Estate

Last Buyer's Agent

Kris Maranda

@properties Christie's International Real Estate License #475128964

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,604

Year Built

  • 1952

Lot Details

  • 10,454

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Community Well

Additional Features

  • Sun or Florida Room
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,604

Year Built

1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Additional 900 sf in basement - could also finish Florida room for additional 150sf
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 24X13, On Level: Main Level
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 15X12, On Level: Main Level
  • Kitchen Type: Dimensions: 14X10, On Level: Main Level
  • Additional Rooms: Sun/Florida Room
  • Master Bedroom: Dimensions: 18X12, On Level: 2nd Level
  • Additional Room 1 Name: Sunroom, Dimensions: 12X14, On Level: Main Level
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level
  • Estimated Sq Ft: 1768

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 0.2493

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Community, Well-Private
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Assessed Sq Ft: 1768

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: 50X184
  • Parcel Identification Number: 15011050340000

Tax Info

  • Taxes: 12752.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Feb 7, 2020
Sold by
Zeegar Properties Llc Series 15
Bought by
Kadriu Luan and Gashi Shpresa
Seller's Agent
Sondra Barrett
@properties Christie's International Real Estate
Buyer's Agent
Kris Maranda
@properties Christie's International Real Estate
List Price
$519,000
Sold Price
$385,000
Premium/Discount to List
-$134,000
-25.82%
Current Estimated Value
$669,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,013
Avg. Annual Appreciation
10.24%
Original Mortgage
$365,750
Outstanding Balance
$326,203
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$342,810

Purchase Details

Listed on
Mar 3, 2018
Closed on
Apr 25, 2018
Sold by
Lowery James and Arredia Cynthia
Bought by
Zeegar Properties Llc Series 15
Seller's Agent
Susan Maienza
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Michelle Chicago
@properties Christie's International Real Estate
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.99%
Original Mortgage
$479,100
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2001
Sold by
Midwest Bank & Trust Company
Bought by
Majeed Kader and Majeed Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%

Purchase Details

Closed on
Jan 29, 1998
Sold by
Majeed Kader and Majeed Carol
Bought by
Midwest Trust Services Inc and Trust #98-1-7293
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
Kadriu Luan $385,000 Liberty Title & Escrow Co
Zeegar Properties Llc Series 15 $430,000 Chicago Title
Majeed Kader -- --
Midwest Trust Services Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadriu Luan $365,750
Previous Owner Zeegar Properties Llc Series 15 $479,100
Previous Owner Majeed Kader $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2020 02/07/20 Sold $385,000 -6.1% $218 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
12/12/2019 12/12/19 Price Changed $410,000 -3.5% $232 / Sq Ft
11/07/2019 11/07/19 Price Changed $425,000 -3.4% $240 / Sq Ft
09/26/2019 09/26/19 Price Changed $440,000 -4.3% $249 / Sq Ft
09/10/2019 09/10/19 Price Changed $460,000 -5.2% $260 / Sq Ft
08/08/2019 08/08/19 Price Changed $485,000 -6.6% $274 / Sq Ft
07/25/2019 07/25/19 For Sale $519,000 +20.7% $294 / Sq Ft
04/26/2018 04/26/18 Sold $430,000 -13.8% $243 / Sq Ft View Prior Sale
03/08/2018 03/08/18 Pending -- -- --
03/03/2018 03/03/18 For Sale $499,000 -- $282 / 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 $15,604 $57,001 $16,562 $40,439
2023 $12,979 $57,001 $16,562 $40,439
2022 $12,979 $40,195 $14,390 $25,805
2021 $12,500 $40,193 $14,389 $25,804
2020 $12,213 $40,193 $14,389 $25,804
2019 $13,519 $43,548 $13,032 $30,516
2018 $12,798 $43,548 $13,032 $30,516
2017 $12,752 $43,548 $13,032 $30,516
2016 $5,776 $41,204 $10,860 $30,344
2015 $5,961 $41,204 $10,860 $30,344
2014 $5,346 $41,204 $10,860 $30,344
2013 $5,335 $49,324 $10,860 $38,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10464073

Midwest Real Estate Data (MRED)

APN: 15-01-105-034-0000