NOT LISTED FOR SALE

227 Forest Ave Oak Park, IL 60302

Estimated Value: $1,116,990 - $2,173,000

7 Beds
3 Baths
3,551 Sq Ft
$418/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $1,275,000 $359 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,338/month

3 Days on Market

Highlights

  • Spa
  • Vaulted Ceiling
  • Wood Flooring
  • Oliver W Holmes Elementary School Rated A-
  • Traditional Architecture
  • 3-minute walk to Austin Gardens

About This Home

As of June 2015

Location, style and condition converge into one special offering on this sizable 3 story home in the heart of the village. Welcoming L shaped front porch is a favorite neighborhood gathering spot. Home features large bright rooms in a neutral color palette & has many upgrades including high efficiency boilers. Space Pac C/A. Fantastic rentable 4 room coach house w/separate laundry & 2 tandem parking spots.

Last Agent to Sell the Property

Greer Haseman

@properties Christie's International Real Estate License #475109657 Listed on: 03/09/2015

@properties   Christie's International Real Estate

Last Buyer's Agent

Patsy Bonniwell

Coldwell Banker Realty License #475125445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,006

Year Built

  • Built in 1883

Lot Details

  • 9,749 Sq Ft Lot
  • Lot Dimensions are 50 x 195
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Door Opener
  • Off Alley Driveway
  • On-Street Parking
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Coach House
  • Asphalt Roof

Interior Spaces

  • 3,551 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Sitting Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Porch

Schools

  • Oliver W Holmes Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,006

Year Built

Built in 1883

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories,Coach House
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 3 Stories,Coach House
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Historical District
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Trash Compactor
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 3551
  • Room Type: Bonus Room, Bedroom 5, Bedroom 6, Bedroom 7, Foyer, Office, Sitting Room
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Attic: Finished,Full,Interior Stair

Exterior Features

  • ExteriorFeatures: Patio, Porch, Hot Tub, Storms/Screens
  • List Price: 1295000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar,Frame,Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley, Side Apron
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned
  • Type: Eating Area-Table Space,Pantry-Butler,Pantry-Closet

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Steam
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: OLIVER W HOLMES ELEMENTARY SCHOO
  • High School: OAK PARK & RIVER FOREST HIGH SCH
  • Middle/Junior School: GWENDOLYN BROOKS MIDDLE SCHOOL
  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2238
  • Lot Dimensions: 50 X 195
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21006.1
  • Tax Year: 2013
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jun 11, 2015
Sold by
Rasche Thad D and Rasche Diana O
Bought by
Cleghorn Christopher and Treadway Heather
Seller's Agent
Greer Haseman
@properties Christie's International Real Estate
Buyer's Agent
Patsy Bonniwell
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%
Current Estimated Value
$1,484,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,998
Avg. Annual Appreciation
-0.20%
Original Mortgage
$147,000
Interest Rate
3.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Cleghorn Christopher $1,275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleghorn Christopher $734,250
Closed Cleghorn Christopher $742,000
Closed Cleghorn Christopher $130,000
Closed Cleghorn Christopher $750,000
Closed Cleghorn Christopher $977,000
Closed Cleghorn Christopher $147,000
Closed Cleghorn Christopher $1,000,000
Previous Owner Rasche Thad D $250,000
Previous Owner Rasche Thad D $265,000
Previous Owner Rasche Thad D $204,000
Previous Owner Rasche Thad D $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $1,275,000 -1.5% $359 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $1,295,000 -- $365 / 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 $26,955 $158,000 $13,650 $144,350
2023 $28,436 $86,000 $13,650 $72,350
2022 $28,436 $77,474 $10,238 $67,236
2021 $27,744 $77,472 $10,237 $67,235
2020 $27,149 $77,472 $10,237 $67,235
2019 $28,471 $77,640 $9,262 $68,378
2018 $27,402 $77,640 $9,262 $68,378
2017 $26,823 $77,640 $9,262 $68,378
2016 $26,649 $68,708 $7,800 $60,908
2015 $23,832 $68,708 $7,800 $60,908
2014 $22,164 $68,708 $7,800 $60,908
2013 $21,006 $67,176 $7,800 $59,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08855851

Midwest Real Estate Data (MRED)

APN: 16-07-114-014-0000