NOT LISTED FOR SALE

406 Franklin Ave Unit 2A River Forest, IL 60305

Estimated Value: $176,000 - $201,000

2 Beds
1 Bath
800 Sq Ft
$412/mo HOA Fee

Last Sold November 03, 2023

Last sale price $145,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,640/month

2 Days on Market

Highlights

  • Resident Manager or Management On Site
  • Heating System Uses Steam
  • Dogs and Cats Allowed
  • Lincoln Elementary School Rated A
  • Laundry Facilities
  • 3-minute walk to Keystone Park East

About This Home

As of November 2023

There's No Place Like Home! Spacious 2 bedroom condo in the perfect commuter location! Enjoy cooking in the large kitchen with ample counterspace and room for a table. The spacious living room accommodates both relaxation and dining. Freshly painted and hardwood floors throughout. Deeded parking is included, laundry and additional storage is on-site. This building is investor and pet friendly. Heat is included in the monthly assessment, and laundry is on the main floor of the building. The convenient location near the Metra, Green Line, shopping, dining and more makes your life easy! Don't miss your opportunity to own in beautiful River Forest!

Last Agent to Sell the Property

April Baker

Berkshire Hathaway HomeServices Chicago License #475159541 Listed on: 08/25/2023

Berkshire Hathaway HomeServices Chicago

Last Buyer's Agent

Jessica Rebolledo

Keller Williams Infinity License #475200349

Keller Williams Infinity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,321

Lot Details

  • Additional Parcels

HOA Fees

  • $412 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Assigned Parking

Schools

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

Utilities

  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 12 Units
  • Lauren Freitag Association, Phone Number (630) 941-0135
  • Property managed by REIS

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,321

Lot Details

10,106 Sq Ft Lot

HOA Fees

$412 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: Unknown
  • 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): No
  • Unit Floor Level: 3
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned
  • ParkingTotal: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Unit - 1
  • Heating: Natural Gas, Steam
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 412
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: REIS
  • Management Contact Name: Lauren Freitag
  • Management Phone: 630-941-0135X116
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3321.28
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 27, 2023
Sold by
Muhammad Bashir
Bought by
Rebolledo Jessica
Seller's Agent
April Baker
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Jessica Rebolledo
Keller Williams Infinity
List Price
$145,000
Sold Price
$145,000
Views
8
Current Estimated Value
$189,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,512
Avg. Annual Appreciation
12.40%
Original Mortgage
$116,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Simner Rachel R
Bought by
Muhammad Bashir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,410
Interest Rate
7.61%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 8, 1998
Sold by
Lasalle National Bank
Bought by
Simner Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,400
Interest Rate
6.83%
Source: Public Records
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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
Rebolledo Jessica $145,000 Chicago Title
Muhammad Bashir $175,000 Ticor Title
Simner Rachel R $100,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rebolledo Jessica $116,000
Previous Owner Muhammad Bashir $157,410
Previous Owner Simner Rachel R $80,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $145,000 0.0% $181 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $145,000 -- $181 / Sq Ft
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 $3,028 $14,377 $1,059 $13,318
2024 $3,028 $14,377 $1,059 $13,318
2023 $3,397 $15,025 $1,059 $13,966
2022 $3,397 $13,941 $862 $13,079
2021 $3,299 $13,939 $861 $13,078
2020 $3,293 $13,939 $861 $13,078
2019 $3,394 $14,361 $787 $13,574
2018 $4,266 $17,953 $787 $17,166
2017 $4,269 $17,953 $787 $17,166
2016 $3,698 $13,993 $664 $13,329
2015 $3,593 $13,993 $664 $13,329
2014 $3,307 $13,993 $664 $13,329
2013 $2,989 $13,222 $664 $12,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11860036

Midwest Real Estate Data (MRED)

APN: 15-12-115-018-1004

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