NOT LISTED FOR SALE

406 Franklin Ave Unit 3A River Forest, IL 60305

Estimated Value: $174,000 - $193,000

2 Beds
1 Bath
800 Sq Ft
10,106 Sq Ft Lot

Last Sold June 15, 2015

Last sale price $87,000 $109 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,216/month

Highlights

  • Wood Flooring
  • Living Room
  • Laundry Room
  • Lincoln Elementary School Rated A
  • Resident Manager or Management On Site
  • 3-minute walk to Keystone Park East

About This Home

As of October 2023

There's No Place Like Home! Lovely, fresh and bright updated top floor condo in the perfect commuter location! Enjoy cooking in the large, renovated kitchen with QUARTZ counters and gorgeous backsplash! Clean lines and updated fixtures greet you in the updated bathroom. The spacious living room accommodates both relaxation and dining. Beautiful hardwood floors throughout. The convenient location near the Metra, Green Line, shopping, dining and more makes your life easy! Parking is included, laundry and additional storage is on-site. *Property is also listed for sale**Pets considered on a case-by-case basis*

Last Agent to Rent the Property

April Baker

Berkshire Hathaway HomeServices Chicago License #475159541 Listed on: 07/19/2023

Berkshire Hathaway HomeServices Chicago

Last Renter's Agent

Beth Uhen

Baird & Warner License #475142057

Baird & Warner

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,028

Year Built

  • 1965

Lot Details

  • 10,106

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

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

Listing and Financial Details

  • Property Available on 7/19/23
  • Rent includes heat, water, parking, scavenger, exterior maintenance, snow removal

Community Details

Overview

  • 12 Units
  • Lauren Freitag Association, Phone Number (630) 941-0135
  • Property managed by REIS

Pet Policy

  • Pet Deposit Required
  • Dogs and Cats Allowed

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,028

Year Built

1965

Lot Details

0

Rental Info

  • Available Date: 2023-07-19
  • Board Number: 16
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1650
  • Security Deposit: 1 MO
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • 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
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1965

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: No
  • 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
  • Flooring: Hardwood
  • 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: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK
  • Rent Includes: Heat, Water, Parking, Scavenger, Exterior Maintenance, Snow Removal
  • Management: Manager Off-site
  • Management Company: REIS
  • Management Contact Name: Lauren Freitag
  • Management Phone: 630-941-0135X116

Schools

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

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Dold Sharon
Bought by
Flynn Matthew C and Biesterfield Sarah D
Current Estimated Value
$183,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$99,541
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$83,829

Purchase Details

Listed on
Dec 8, 2014
Closed on
May 7, 2015
Sold by
U S Bank National Association
Bought by
Dold Sharon
Seller's Agent
Cheryl Rabin
Realhome Services & Solutions, Inc.
Buyer's Agent
Greg Jaroszewski
Compass
List Price
$132,500
Sold Price
$87,000
Premium/Discount to List
-$45,500
-34.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Borbor Luis O
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 14, 2005
Sold by
Parker David J
Bought by
Borbor Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2003
Sold by
Rudnick Debra A
Bought by
Parker David J and Parker Bonnie S

Purchase Details

Closed on
Jul 13, 1998
Sold by
Lasalle National Bank
Bought by
Mayfield Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
9.55%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Flynn Matthew C $120,000 Citywide Title Corporation
Dold Sharon $87,000 None Available
U S Bank National Association -- None Available
Borbor Luis $180,000 Chicago Title Insurance Comp
Parker David J $150,000 Multiple
Mayfield Curtis $97,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Matthew C $114,000
Previous Owner Borbor Luis $144,000
Previous Owner Mayfield Curtis $87,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Rented $1,650 0.0% --
10/04/2023 10/04/23 Off Market -- -- --
09/28/2023 09/28/23 Price Changed $1,650 0.0% $2 / Sq Ft
09/28/2023 09/28/23 For Rent $1,650 -2.9% --
08/04/2023 08/04/23 Off Market $1,700 -- --
07/19/2023 07/19/23 For Rent $1,700 +36.0% --
05/13/2016 05/13/16 Rented $1,250 0.0% --
05/02/2016 05/02/16 For Rent $1,250 0.0% --
06/15/2015 06/15/15 Sold $87,000 -15.1% $92 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Price Changed $102,500 +17.8% $108 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
12/08/2014 12/08/14 Off Market $87,000 -- --
12/08/2014 12/08/14 For Sale $132,500 -- $139 / 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 $3,028 $14,377 $1,059 $13,318
2023 $2,878 $15,025 $1,059 $13,966
2022 $2,878 $12,336 $862 $11,474
2021 $3,836 $12,334 $861 $11,473
2020 $3,748 $12,334 $861 $11,473
2019 $3,947 $12,713 $787 $11,926
2018 $3,736 $12,713 $787 $11,926
2017 $5,257 $17,953 $787 $17,166
2016 $4,501 $13,993 $664 $13,329
2015 $4,422 $13,993 $664 $13,329
2014 $4,051 $13,993 $664 $13,329
2013 $3,731 $13,222 $664 $12,558
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11836415

Midwest Real Estate Data (MRED)

APN: 15-12-115-018-1008