NOT LISTED FOR SALE

407 Franklin Ave Unit 5A River Forest, IL 60305

Estimated Value: $279,000 - $345,000

2 Beds
2 Baths
1,500 Sq Ft
1.16 Acres Lot

Sale Details

Date Sold: February 3, 2022

Last sale price $236,000 $157 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,674 / mo

5 Days on Market

Highlights

  • Open Floorplan
  • Lock-and-Leave Community
  • Formal Dining Room
  • Lincoln Elementary School Rated A
  • Party Room
  • Balcony

About This Home

As of February 2022

Let's talk BOHO Chic. Looking for something that's unique? This is it. Terrific top floor unit boasts a flexible layout with a huge living room and dining room. Newer hardwood floors. The kitchen has a skylight and opens to the living/dining room. 2 large bedrooms and 2 full baths. Enjoy western sunlight from every window with a large balcony to grow those tomato plants. Feel like splurging? River Forest Chocolates is around the corner. Pray for will power. It comes with a heated garage space. This is a well-managed elevator building with gorgeous landscaping. Laundry room and storage. Walk to downtown River Forest and Oak Park. The Metra is just a few blocks away. Garage parking space number 10. No rentals, no pets.

Last Agent to Sell the Property

April Moon

@properties Christie's International Real Estate License #475139031 Listed on: 01/03/2022

@properties Christie's International Real Estate

Last Buyer's Agent

Dan McCarthy

McCarthy & Associates License #471007008

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1968

Lot Details

  • 1.16

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Open Floorplan
  • Skylights
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Laminate Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 58 Units
  • Mary Swindell Association, Phone Number (708) 488-0757
  • Property managed by Monroe
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Party Room
  • Coin Laundry
  • Lobby
  • Community Storage Space
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,179

Year Built

Built in 1968

Lot Details

1.16 Acres

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1968
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 5
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Skylight(s), Elevator, Wood Laminate Floors, Storage, Open Floorplan, Lobby
  • LivingArea: 1500
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 375
  • Association Amenities: Coin Laundry, Elevator(s), Storage, Party Room, Security Door Lock(s), Intercom, Skylights
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Monroe
  • Management Contact Name: Mary Swindell
  • Management Phone: 708-488-0757
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, 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

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5179
  • Tax Year: 2020
  • Tax Exemptions: None

Multi Family

  • Units in Building: 58

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2024
Sold by
Bought by
Current Estimated Value
$321,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Outstanding Balance
$222,229
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$99,514

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 4, 2022
Sold by
Bought by
Seller's Agent
April Moon
@properties Christie's International Real Estate
Buyer's Agent
Dan McCarthy
McCarthy & Associates
List Price
$259,000
Sold Price
$236,000
Premium/Discount to List
-$23,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 3, 2022
Sold by
Bought by
Seller's Agent
April Moon
@properties Christie's International Real Estate
Buyer's Agent
Dan McCarthy
McCarthy & Associates
List Price
$259,000
Sold Price
$236,000
Premium/Discount to List
-$23,000
-8.88%

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 8, 2016
Sold by
Bought by
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
April Moon
@properties Christie's International Real Estate
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Closed on
Jul 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2001
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$282,000 Chicago Title
$282,000 Chicago Title
$236,000 --
$236,000 --
$185,000 American Land Title Associat
$210,000 First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $225,600
Closed $225,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2022 02/03/22 Sold $236,000 -8.9% $157 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $259,000 +40.0% $173 / Sq Ft
07/15/2016 07/15/16 Sold $185,000 -11.9% -- View Prior Sale
06/18/2016 06/18/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $210,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,769 $24,728 $926 $23,802
2024 $6,769 $24,728 $926 $23,802
2023 $5,401 $24,728 $926 $23,802
2022 $5,401 $20,147 $1,571 $18,576
2021 $5,229 $20,146 $1,571 $18,575
2020 $5,179 $20,146 $1,571 $18,575
2019 $4,844 $19,033 $1,420 $17,613
2018 $4,584 $19,033 $1,420 $17,613
2017 $4,585 $19,033 $1,420 $17,613
2016 $5,320 $16,537 $1,183 $15,354
2015 $3,705 $16,537 $1,183 $15,354
2014 $4,787 $16,537 $1,183 $15,354
2013 $3,188 $16,261 $1,183 $15,078
Source: Public Records

Agents Affiliated with this Home

  • April Moon

    Seller's Agent in 2022

    April Moon

    @ Properties

    (708) 935-6183

    9 in this area

    85 Total Sales

    April Moon
    Section Image

  • D

    Buyer's Agent in 2022

    Dan McCarthy

    McCarthy & Associates

    (708) 785-1002

    1 in this area

    10 Total Sales

    Dan McCarthy
    Section Image
  • Andrew Gagliardo

    Seller's Agent in 2016

    Andrew Gagliardo

    Compass

    (708) 456-6965

    38 in this area

    101 Total Sales

    Andrew Gagliardo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11297405

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1052

Illinois Cook County River Forest 60305

407 Franklin Ave Unit 5A, River Forest, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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