$523,000
SOLD JUN 30, 2025

332 Franklin Ave River Forest, IL 60305

3 Beds
1.5 Baths
1,472 Sq Ft
1923 Built

Recently Sold

$355 Per Sq Ft

10% Above List Price

5 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Room
  • Screened Porch
  • Lincoln Elementary School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of June 2025

Welcome to this well-maintained, classic Georgian home built in 1923, offering a perfect blend of historic charm and modern potential. This 3-bedroom, 1.5-bath gem features beautiful hardwood floors throughout and a traditional layout that includes a formal living room with a cozy fireplace, perfect for relaxing evenings or entertaining guests. A screened-in porch off the living room adds to the home's inviting character, while the formal dining room is ideal for hosting gatherings. Upstairs, you'll find three spacious bedrooms, all with hardwood flooring, and an enclosed second-floor porch that makes an excellent home office, studio, or reading nook. The full basement includes a half bath and is ready for your creative updates-ideal for adding a family room, home gym, or workshop. Enjoy outdoor living in the expansive backyard, offering ample space for a garden, entertaining area, or even a pool-or consider future expansion possibilities. Just a short walk to the Metra station, this home offers both convenience and classic curb appeal in a sought-after neighborhood. Don't miss the opportunity to own this timeless beauty with so much potential!

Last Agent to Sell the Property

Diane Quattrochi

Stellar Properties, Inc. License #475125739 Listed on: 06/04/2025

Last Buyer's Agent

Lorena Verdin

Verdin Real Estate Group License #471010039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,039

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 45x177

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Basement

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

Schools

  • Lincoln 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,039

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1923
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood
  • LivingArea: 1472
  • Room Type: Recreation Room, Enclosed Porch, Screened Porch
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1472
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 475000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Lot Dimensions: 45X177
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12039
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jun 23, 2025
Sold by
Marilyn J Schmid Declaration Of Trust and Mclane Susan Steinhauer
Bought by
Verdin Luis R and Verdin Lorena
Seller's Agent
Diane Quattrochi
Stellar Properties, Inc.
Buyer's Agent
Lorena Verdin
Verdin Real Estate Group
List Price
$475,000
Sold Price
$523,000
Premium/Discount to List
$48,000
10.11%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-54.49%
Original Mortgage
$248,000
Outstanding Balance
$248,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$235,406

Purchase Details

Closed on
Sep 9, 2004
Sold by
Schmid Marilyn J
Bought by
Schmid Marilyn J and Marilyn J Schmid Declaration Of Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $523,000 Chicago Title Insurance Compan
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $523,000 +10.1% $355 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $475,000 -- $323 / 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 $12,039 $47,723 $8,611 $39,112
2023 $8,984 $54,000 $8,611 $45,389
2022 $8,984 $33,979 $7,409 $26,570
2021 $8,703 $33,979 $7,409 $26,570
2020 $9,026 $35,289 $7,409 $27,880
2019 $9,242 $35,945 $6,808 $29,137
2018 $9,182 $37,426 $6,808 $30,618
2017 $9,180 $37,426 $6,808 $30,618
2016 $8,396 $30,381 $5,607 $24,774
2015 $8,180 $30,381 $5,607 $24,774
2014 $7,520 $30,381 $5,607 $24,774
2013 $9,468 $38,065 $5,607 $32,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12384690

Midwest Real Estate Data (MRED)

APN: 15-12-303-017-0000