NOT LISTED FOR SALE

240 Forest Ave River Forest, IL 60305

7 Beds
4 Baths
-- Sq Ft
1909 Built

Last Sold January 31, 2025

Last sale price $750,000

Highlights

  • Victorian Architecture
  • Sun or Florida Room
  • Fenced Yard
  • Lincoln Elementary School Rated A
  • Sitting Room
  • 5-minute walk to Washington Square Park

About This Home

As of January 2025

Charming and spacious Victorian 2-flat on an expansive double lot in a quiet cul-de-sac street. This magnificent property is located on a corner lot and features high ceilings and charming bay windows bringing in incredible natural light along with beautiful original woodwork throughout. The first floor offers 3 bedrooms, 2 baths, and the potential to duplex down to the unfinished basement. It also includes a lovely enclosed rear porch. The top-floor duplex boasts 5 bedrooms, an office, and 2 baths, with each unit offering separate living and dining rooms. Both kitchens include stainless steel appliances, complemented by stunning maple hardwood floors. Additional features include central heat/air, two laundry sets in the basement for convenience, a 2-car garage plus an extra parking pad, and a lovely side lot with endless possibilities. Some updates could be done to truly add massive value to this property, making it perfect for an investor, owner-occupant, or a single-family conversion. PRIME LOCATION- close to parks, schools, Metra, and downtown. A rare opportunity with incredible potential!

Last Agent to Sell the Property

Melanie Giglio-Vakos

Compass License #475149215 Listed on: 11/12/2024

Compass

Last Buyer's Agent

Amber Kardosh

@properties Christie's International Real Estate License #475166467

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,172

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 134x63x133x62
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • Sitting Room
  • Library
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,172

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1909
  • Age: 100+ 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: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Room Type: Enclosed Porch, Library, Sitting Room, Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Fireplace-Gas

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Block
  • Lot Features: Fenced Yard
  • Patio And Porch Features: Patio, Porch
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street, Side Apron
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

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

Lot Info

  • Lot Dimensions: 134X63X133X62
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 20171.59
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat
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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
01/31/2025 01/31/25 Sold $750,000 0.0% --
11/20/2024 11/20/24 For Sale $750,000 -- --
11/19/2024 11/19/24 Pending -- -- --
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
2025 $20,172 $77,001 $8,579 $68,422
2024 $20,172 $77,001 $8,579 $68,422
2023 $13,393 $77,001 $8,579 $68,422
2022 $13,393 $44,895 $7,382 $37,513
2021 $12,926 $44,893 $7,381 $37,512
2020 $12,699 $44,893 $7,381 $37,512
2019 $18,598 $63,338 $6,783 $56,555
2018 $17,605 $63,338 $6,783 $56,555
2017 $17,559 $63,338 $6,783 $56,555
2016 $15,550 $50,834 $5,586 $45,248
2015 $15,236 $50,834 $5,586 $45,248
2014 $13,972 $50,834 $5,586 $45,248
2013 $14,293 $53,285 $5,586 $47,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12206002

Midwest Real Estate Data (MRED)