NOT LISTED FOR SALE

1540 Park Ave Unit 2D River Forest, IL 60305

River Forest Area

Estimated Value: $218,000 - $230,000

2 Beds
1.5 Baths
1,100 Sq Ft
1964 Built

Sale Details

Date Sold: May 23, 2025

Last sale price $215,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,103 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Central Air
  • Willard Elementary School Rated A
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of May 2025

Welcome to this beautifully updated 2-bedroom, 1.5-bath condo in the highly desirable River Forest community! Offering approximately 1,100 sq. ft. of thoughtfully designed living space, this home combines comfort, style, and an unbeatable location. Step inside to find gleaming Bamboo floors in the main areas and freshly painted interiors, creating a warm and inviting space. Built with solid concrete construction, this unit provides exceptional soundproofing-no creaking floors or unwanted noise from neighbors above and below. The spacious living and dining room combo features elegant floating shelves and a convenient coat closet, offering additional storage. Enjoy the ease of two entrances, front and back, offering accessibility and practicality. The modern eat-in kitchen is a standout, boasting stainless steel appliances, granite countertops, and abundant shaker-style maple cabinetry, providing plenty of storage and prep space. Retreat to the generously sized bedrooms, each featuring large closets, ensuring comfort and functionality. The full bathroom includes a large vanity and a luxurious jetted tub, while the additional half bath adds convenience. This condo also comes equipped with an in-unit washer and dryer, a rare and valuable feature. Three dedicated parking spots (#1, #9, and #10) offer unmatched convenience, along with three huge private storage units in the lower level. Stay comfortable year-round with central air and boiler heat, powered by a large chiller unit on the roof-covered by assessments. Situated in a restaurant and food capital, this home is just moments from a diverse array of top-rated dining options, charming cafes, and shopping. With easy access to all major highways, commuting to work or heading out for a night on the town has never been more convenient. Don't miss this incredible opportunity! Schedule your private showing today! Sold as-is.

Last Agent to Sell the Property

Rosie Gonzalez

Coldwell Banker Realty License #475127111 Listed on: 04/23/2025

Coldwell Banker Realty

Last Buyer's Agent

Edgar Diaz

Duarte Realty Company License #475214096

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,485

Year Built

  • Built in 1964

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

  • 3 Parking Spaces
  • Side Driveway
  • Parking Included in Price
  • Assigned Parking

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, air conditioning, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Michael J Lapidus, President Association, Phone Number (708) 860-2929
  • Property managed by Self-managed - michaeljlapidus@gmail.com

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,485

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$577 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1964
  • 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
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • LivingArea: 1100
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Driveway, Assigned, On Site
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit, Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 577
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Self-managed - michaeljlapidus@gmail.com
  • Management Contact Name: Michael J LaPidus, President
  • Management Phone: 708-860-2929
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Air Conditioning, Water, 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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3485.46
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
May 12, 2025
Sold by
Lapidus Michael J and Ruzycki Jaclyn A
Bought by
Seller's Agent
Rosie Gonzalez
Coldwell Banker Realty
Buyer's Agent
Edgar Diaz
Duarte Realty Company
List Price
$214,900
Sold Price
$215,000
Premium/Discount to List
$100
0.05%
Views
29
Current Estimated Value
$224,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,037
Avg. Annual Appreciation
3.34%
Original Mortgage
$7,500
Outstanding Balance
$4,651
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$219,570

Purchase Details

Closed on
Oct 2, 2001
Sold by
Firstar Bank Na
Bought by
Lapidus Michael J and Ruzycki Jaclyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.37%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in River Forest, IL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 None Listed On Document
Lapidus Michael J $195,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $7,500
Open Hernandez Mario I $208,550
Previous Owner Ruzycki Jaclyn A $118,500
Previous Owner Lapidus Michael $260,000
Previous Owner Lapidus Michael J $54,000
Previous Owner Lapidus Michael J $203,700
Previous Owner Lapidus Michael J $56,900
Previous Owner Lapidus Michael J $206,000
Previous Owner Lapidus Michael J $27,900
Previous Owner Lapidus Michael J $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $215,000 0.0% $195 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $214,900 -- $195 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,485 $16,048 $1,509 $14,539
2024 $3,485 $16,048 $1,509 $14,539
2023 $4,278 $16,048 $1,509 $14,539
2022 $4,278 $16,667 $1,823 $14,844
2021 $4,148 $16,667 $1,823 $14,844
2020 $4,122 $16,667 $1,823 $14,844
2019 $3,645 $15,170 $1,666 $13,504
2018 $3,449 $15,170 $1,666 $13,504
2017 $3,454 $15,170 $1,666 $13,504
2016 $3,499 $13,375 $1,383 $11,992
2015 $3,398 $13,375 $1,383 $11,992
2014 $3,128 $13,375 $1,383 $11,992
2013 $3,448 $14,849 $1,383 $13,466
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12346006

Midwest Real Estate Data (MRED)

APN: 15-01-103-082-1008

Your Personal Tour Guide

Ask me questions while you tour the home.