NOT LISTED FOR SALE

1539 Franklin Ave Unit 1 River Forest, IL 60305

Estimated Value: $254,000 - $348,000

3 Beds
2 Baths
1,500 Sq Ft
$444/mo HOA Fee

Last Sold August 03, 2023

Last sale price $235,000 $157 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,578/month

128 Days on Market

Highlights

  • Stainless Steel Appliances
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Willard Elementary School Rated A
  • Laundry Room
  • 5-minute walk to Constitution Park

About This Home

As of August 2023

Live in River Forest! Welcome home to this affordable, bright and spacious, 3 bedroom, 2 bath condominium on a quiet tree lined street in North RF. This first floor unit features an open floor plan with ample living space, dining area and freshly updated kitchen with stainless appliances and plenty of counter space. All bedrooms are generously sized and the primary even has an ensuite bathroom! In unit laundry with gorgeous parquet floors throughout. Space to grill outside your backdoor and 1 attached garage space along with 1 outdoor space make this place unbeatable! Steps to great restaurants, grocery store, park, schools and shops along North Avenue. No rental restrictions.

Last Agent to Sell the Property

Julie Downey

Compass License #475141756 Listed on: 02/03/2023

Compass

Last Buyer's Agent

Erica Cuneen

Beyond Properties Realty Group License #471004571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1955

Lot Details

  • 7,536

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Stainless Steel Appliances
  • Laundry Room

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Lauren Schrader Association, Phone Number (773) 219-3559
  • Property managed by Haus Financial Services

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,228

Year Built

Built in 1955

Lot Details

0

HOA Fees

$444 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • 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): No
  • Unit Floor Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Parquet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 237000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Association Fee: 444
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Haus Financial Services
  • Management Contact Name: Lauren Schrader
  • Management Phone: 773-219-3559
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

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 Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 30

Tax Info

  • Tax Annual Amount: 4228
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Aug 1, 2023
Sold by
Gleeson Edward and Gleeson Laura
Bought by
Velazquez Karina
Seller's Agent
Julie Downey
Compass
Buyer's Agent
Erica Cuneen
Beyond Properties Realty Group
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Views
594
Current Estimated Value
$293,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,113
Avg. Annual Appreciation
12.20%
Original Mortgage
$230,743
Outstanding Balance
$226,487
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$66,626

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 11, 2022
Sold by
Genovese David B
Bought by
Harkins Laura and Gleeson Edward
Seller's Agent
Mary Carlin
Baird & Warner
Buyer's Agent
Julie Downey
Compass
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$223,250
Interest Rate
3.92%

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 25, 2022
Sold by
Genovese David B
Bought by
Harkins Laura and Gleeson Edward
Seller's Agent
Mary Carlin
Baird & Warner
Buyer's Agent
Julie Downey
Compass
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
3.92%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Lopez Elizabeth Perez
Bought by
Genovese David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,578
Interest Rate
5.74%
Mortgage Type
FHA
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
Velazquez Karina $235,000 Prairie Title
Harkins Laura $235,000 --
Harkins Laura $235,000 --
Genovese David B $196,500 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Karina $230,743
Previous Owner Harkins Laura $223,250
Previous Owner Harkins Laura $223,250
Previous Owner Genovese David $183,801
Previous Owner Genovese David B $186,853
Previous Owner Genovese David B $190,578
Previous Owner Perez Lopez Elizabeth $149,000
Previous Owner Perez Lopez Elizabeth $39,274
Previous Owner Perez Lopez Elizabeth $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $235,000 -0.8% $157 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $237,000 -2.1% $158 / Sq Ft
05/20/2023 05/20/23 Price Changed $242,000 -2.8% $161 / Sq Ft
02/03/2023 02/03/23 For Sale $249,000 +6.0% $166 / Sq Ft
03/08/2022 03/08/22 Sold $235,000 0.0% $157 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/26/2022 01/26/22 For Sale -- -- --
01/25/2022 01/25/22 Off Market $235,000 -- --
01/20/2022 01/20/22 For Sale $259,900 -- $173 / 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 $6,184 $22,590 $2,337 $20,253
2023 $4,361 $22,590 $2,337 $20,253
2022 $4,361 $16,925 $2,452 $14,473
2021 $4,228 $16,924 $2,451 $14,473
2020 $4,200 $16,924 $2,451 $14,473
2019 $6,068 $22,975 $2,221 $20,754
2018 $5,742 $22,975 $2,221 $20,754
2017 $5,739 $22,975 $2,221 $20,754
2016 $5,247 $18,809 $1,838 $16,971
2015 $5,115 $18,809 $1,838 $16,971
2014 $4,701 $18,809 $1,838 $16,971
2013 $4,352 $18,053 $1,838 $16,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712523

Midwest Real Estate Data (MRED)

APN: 15-01-105-047-1001