NOT LISTED FOR SALE

1531 Forest Ave River Forest, IL 60305

6 Beds
5 Baths
-- Sq Ft
1951 Built

Sale Details

Date Sold: June 12, 2024

Last sale price $939,000

2 Days on Market

Highlights

  • 2 Car Attached Garage
  • Willard Elementary School Rated A
  • Forced Air Heating System

About This Home

As of June 2024

Don't miss out on the opportunity to own this unique property that feels like a single-family home, but also has additional income potential. The entire building showcases the Designer/Contractor Owner's high-end personal touches throughout. The owner's unit has 3 bedrooms including an Office that previously served as a Master En suite, potentially providing you a 4 bedroom with 3 full bathrooms all with high-end finishes and fixtures. 3800 square feet of spacious living. Their top Floor features a deluxe kitchen with Viking & Liegnerr Appliances and a built-in Miele Coffee Maker with Quartzite countertops and Dornbracht Faucet. The top Floor also includes a large Living Room and dining room and Laundry. The downstairs includes a dining room, and a family room with a second Kitchen including a 48" Thermador Professional Oven along with a Thermador built-in double over and Quartzite Countertops...the perfect place to accommodate all holiday get-togethers and entertaining. In addition, the top-floor apartment also showcases the high-end finishes in the kitchen and bathrooms where Dornbracht fixtures were used , a living room, a dining room, 3 bedrooms, and 2 bathrooms and Laundry. The property comes with an attached garage, on-site parking, and a large private backyard with a fire pit. You'll also enjoy the convenience of central AC, dishwasher, microwaves and forced air.

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 04/05/2024

Compass

Last Buyer's Agent

Nancy Souchet

Real People Realty License #475151031

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,649

Year Built

  • Built in 1951

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 5 Bathrooms

Lot Details

  • Lot Dimensions are 52 x 185
  • Additional Parcels

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Gross Income $30,600

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,649

Year Built

Built in 1951

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 4
  • Parking Features: Off Street, Driveway
  • ParkingTotal: 6
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 52 X 185
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Multi Family

  • GrossIncome: 30600
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 15648.78
  • Tax Year: 2022
  • Tax Exemptions: Homeowner
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $939,000 0.0% --
04/08/2024 04/08/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $939,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $6,921 $28,598 $5,173 $23,425
2023 $7,429 $28,598 $5,173 $23,425
2022 $7,429 $26,426 $4,311 $22,115
2021 $7,182 $26,425 $4,310 $22,115
2020 $7,087 $26,425 $4,310 $22,115
2019 $5,052 $19,703 $3,879 $15,824
2018 $4,781 $19,703 $3,879 $15,824
2017 $4,781 $19,703 $3,879 $15,824
2016 $6,255 $21,940 $3,232 $18,708
2015 $6,105 $21,940 $3,232 $18,708
2014 $5,608 $21,940 $3,232 $18,708
2013 $4,666 $19,168 $3,232 $15,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020085

Midwest Real Estate Data (MRED)
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