NOT LISTED FOR SALE

406 Franklin Ave Unit 3B River Forest, IL 60305

Estimated Value: $140,000 - $175,000

1 Bed
1 Bath
800 Sq Ft
$223/mo HOA Fee

Last Sold May 26, 2021

Last sale price $115,000 $144 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,308/month

1 Day on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Storage
  • Lincoln Elementary School Rated A
  • Breakfast Bar
  • 3-minute walk to Keystone Park East

About This Home

As of May 2021

There's No Place Like Home! Beautifully rehabbed condo ready for you. Bright and sunny living room with dining area and hardwood floors throughout. Brand new kitchen (2016) with granite countertops and stainless steel appliances and room for a table. All new bath. (2016). Large bedroom with double closets. Coin laundry and storage unit (#3) in basement. Outdoor parking space #10 included (separate PIN). Newer windows. Pets allowed. Rentals allowed. Great investment property. Close to trains, shops and restaurants.

Last Agent to Sell the Property

Dorothy Gillian

Berkshire Hathaway HomeServices Chicago License #475141002 Listed on: 03/27/2021

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Anna Gillian Cramer

Berkshire Hathaway HomeServices Chicago License #475172711

Last Buyer's Agent

Susan Abbott

Compass License #475139258

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,128

Year Renovated

  • 2016

Lot Details

  • 10,106

HOA Fees

  • $223 per month

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Parking

  • Parking Available
  • Driveway
  • Parking Included in Price
  • Assigned Parking

Utilities

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

Community Details

  • Pets Allowed

Listing and Financial Details

  • $2,000 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,128

Year Renovated

2016

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 3
  • Age: 51-60 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Rehab Year: 2016
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: U
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Renovated: 2016

Interior Features

  • Interior Property Features: Hardwood Floors, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: COMBO, On Level: Main Level
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 800
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Assigned Spaces
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: 1 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 223
  • Management Contact Name: LAUREN FREITAG
  • Management Phone: 630-941-0135

Fee Information

  • Management Company: REIS

Schools

  • Junior High Dist: 90

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 15121150181009

Multi Family

  • Total Number Unitsin Building: 12
  • Number Stories: 3

Tax Info

  • Taxes: 3566.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 26, 2021
Sold by
Mcnally James R and Mcnally Mary Catherine
Bought by
Yulen Vivian and Yim Trust
Seller's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Susan Abbott
Compass
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$156,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,580
Avg. Annual Appreciation
7.23%

Purchase Details

Closed on
Mar 31, 2018
Sold by
Mcnally James R and Mcnally Mary Catherine
Bought by
Mcnally James R and Mcnally Mary Catherine

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jul 27, 2016
Sold by
Chaurize Marine Z
Bought by
Mcnally James R and Mcnally Mary Catherine
Seller's Agent
Rebecca McDermott
Baird & Warner
Buyer's Agent
Dorothy Gillian
Berkshire Hathaway HomeServices Chicago
List Price
$105,500
Sold Price
$98,000
Premium/Discount to List
-$7,500
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
May 2, 2005
Sold by
Flaherty Patrick J
Bought by
Chaurize Marine Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,575
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1998
Sold by
Lasalle National Bank
Bought by
Flaherty Patrick J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yulen Vivian $115,000 Chicago Title
Mcnally James R -- Attorney
Mcnally James R $98,000 Baird & Warner Title Servic
Chaurize Marine Z $138,500 Prairie Title
Flaherty Patrick J $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaurize Marine Z $131,575
Previous Owner Flaherty Patrick J $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2021 05/26/21 Sold $115,000 0.0% $144 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $115,000 0.0% $144 / Sq Ft
09/28/2016 09/28/16 Rented $1,275 0.0% --
09/23/2016 09/23/16 Under Contract -- -- --
09/17/2016 09/17/16 Price Changed $1,275 -5.6% $2 / Sq Ft
09/01/2016 09/01/16 Price Changed $1,350 -3.2% $2 / Sq Ft
08/21/2016 08/21/16 For Rent $1,395 0.0% --
07/27/2016 07/27/16 Sold $98,000 -5.3% -- View Prior Sale
06/14/2016 06/14/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $103,500 -1.9% --
03/07/2016 03/07/16 For Sale $105,500 -- --
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 $3,128 $11,428 $842 $10,586
2023 $3,578 $11,942 $841 $11,101
2022 $3,578 $11,081 $685 $10,396
2021 $3,446 $11,080 $684 $10,396
2020 $3,367 $11,080 $684 $10,396
2019 $3,544 $11,416 $626 $10,790
2018 $4,194 $14,271 $626 $13,645
2017 $4,179 $14,271 $626 $13,645
2016 $2,775 $11,123 $528 $10,595
2015 $2,686 $11,123 $528 $10,595
2014 $3,220 $11,123 $528 $10,595
2013 $2,965 $10,510 $528 $9,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11034422

Midwest Real Estate Data (MRED)

APN: 15-12-115-018-1009