$1,507,000
RENTED APR 27, 2025

1540 Franklin Ave Unit B River Forest, IL 60305

2 Beds
1.5 Baths
1,800 Sq Ft
$837 Price per Sq Ft

Last Sold December 20, 2019

Last sale price $194,500 $108 Per Sq Ft

Est. 675% increase in value since last sale

Current estimated payment $8,008/month

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Willard Elementary School Rated A
  • Stainless Steel Appliances
  • 5-minute walk to Constitution Park

About This Home

As of April 2025

Rarely available and beautiful two bedroom, 1 1/2 bath two level town home in River Forest features central air, all stainless steel appliances, gas oven/range, built-in microwave, top of the line fridge with ice/water dispenser, separate dining area, tall ceilings, recessed lighting, window treatments, 2nd level has two bathrooms, bathroom, fully finished lower level family room, in unit laundry, garage parking included, and well behaved pets considered. Fantastic location convenient to public transportation, shopping, cafes and restaurants! CAN BE RENTED FOR MAY OR JUNE

Last Agent to Rent the Property

Berthene Christos

Urban Abodes Chicago License #471015787 Listed on: 03/22/2025

Last Renter's Agent

Berthene Christos

Urban Abodes Chicago License #471015787 Listed on: 03/22/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $233

Year Built

  • Built in 1955 | Remodeled in 2022

Lot Details

  • 4,356

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

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

Schools

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

Utilities

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

Listing and Financial Details

  • Property Available on 6/1/25
  • Rent includes water, parking, scavenger, exterior maintenance, lawn care

Community Details

Overview

  • 6 Units

Pet Policy

  • Pets up to 60 lbs
  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit Required
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$233

Year Built

Built in 1955 | Remodeled in 2022

Lot Details

0

Rental Info

  • Available Date: 2025-06-01
  • Board Approval: No
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 2500
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 60

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Townhouse-2 Story
  • EntryLevel: 1
  • Property Attached: Yes
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Furnished: No
  • LivingArea: 1800
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • List Price: 2500
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK, Number Limit, Size Limit
  • Rent Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care

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

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 18, 2019
Sold by
Pinzer Bradley and Arandia Erika Gonzalez
Bought by
Cortez Debbie
Seller's Agent
Laraine Hanson
Laraine Hanson
Buyer's Agent
Sandra Ardon
Su Familia Real Estate Inc
List Price
$199,500
Sold Price
$194,500
Premium/Discount to List
-$5,000
-2.51%
Current Estimated Value
$1,507,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,312,500
Avg. Annual Appreciation
42.25%
Original Mortgage
$190,779
Outstanding Balance
$168,528
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$1,338,472

Purchase Details

Listed on
Jun 30, 2014
Closed on
Sep 8, 2014
Sold by
Boulahanis Nancy J
Bought by
Gonzalez Pinzer Bradley and Gonzalez Arandia Erika
Seller's Agent
Steve Scheuring
Baird & Warner
Buyer's Agent
John Trandel
Baird & Warner
List Price
$169,900
Sold Price
$172,800
Premium/Discount to List
$2,900
1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$169,670
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2009
Sold by
Midwest Bank & Trust Company
Bought by
Boulahanis Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,779
Interest Rate
5.09%
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
Cortez Debbie $194,500 Chicago Title
Gonzalez Pinzer Bradley $173,000 First American Title Ins Co
Boulahanis Nancy J -- National Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Debbie $190,779
Previous Owner Gonzalez Pinzer Bradley $169,670
Previous Owner Boulahanis Nancy J $192,779
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2025 04/27/25 Rented $2,500 0.0% --
04/07/2025 04/07/25 Under Contract -- -- --
03/22/2025 03/22/25 For Rent $2,500 0.0% --
05/16/2023 05/16/23 Rented $2,500 0.0% --
05/02/2023 05/02/23 Price Changed $2,500 -13.8% $1 / Sq Ft
04/28/2023 04/28/23 For Rent $2,900 0.0% --
12/20/2019 12/20/19 Sold $194,500 -2.5% $150 / Sq Ft View Prior Sale
10/31/2019 10/31/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $199,500 +15.5% $153 / Sq Ft
09/09/2014 09/09/14 Sold $172,800 +1.7% $133 / Sq Ft View Prior Sale
07/24/2014 07/24/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $169,900 -- $131 / 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 $233 $852 $686 $166
2023 $373 $852 $686 $166
2022 $373 $1,156 $990 $166
2021 $359 $1,155 $990 $165
2020 $351 $1,155 $990 $165
2019 $331 $1,065 $900 $165
2018 $313 $1,065 $900 $165
2017 $312 $1,065 $900 $165
2016 $330 $1,026 $753 $273
2015 $324 $1,026 $753 $273
2014 $297 $1,026 $753 $273
2013 $289 $1,026 $753 $273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12318946

Midwest Real Estate Data (MRED)

APN: 15-01-104-040-0000