407 Franklin Ave Unit 5F River Forest, IL 60305
2
Beds
2
Baths
1,250
Sq Ft
$377/mo
HOA Fee
Highlights
- Elevator
- Stainless Steel Appliances
- Resident Manager or Management On Site
- Lincoln Elementary School Rated A
- Balcony
- Laundry Room
About This Home
As of July 2025Welcome to this fantastic updated River Forest condo! A rare find on the top floor with a skylight! Entire unit is bright and airy with loads of closets, large balcony and TWO parking spaces (1 indoor/1 outdoor). Beautifully renovated in 2016 with replacements of: all doors throughout, closet shelving, flooring, wall switches, electric sockets, new trim in every room, newer custom bedroom blinds, SS appliances, upgraded granite kitchen counters/backsplash, lighting in every room and 2 totally new baths. High end professional painting and custom wood like blinds in both bedrooms. This gorgeous condo is in a well managed/capitalized building (no special assessments). So walkable! 2 blocks to award winning Lincoln School, Metra and 5 min. walk to RF Town Square. Near village hall, Oak Park restaurants, highways, airport, shopping and parks. You'll love it!
Last Agent to Sell the Property
Coldwell Banker Realty License #475121736 Listed on: 06/09/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,339
Year Built
- Built in 1968 | Remodeled in 2016
HOA Fees
- $377 Monthly HOA Fees
Parking
- 1 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,250 Sq Ft Home
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Laminate
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
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
- Overhead Sewers
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- Association fees include heat, water, gas, parking, insurance, exterior maintenance, lawn care, scavenger, snow removal
- 29 Units
- 5-Story Property
Amenities
- Coin Laundry
- Elevator
- Community Storage Space
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2025
Closed on
Jul 15, 2025
Sold by
Janet Dahlberg Living Trust
Bought by
Mcpherson Charlotte F
Seller's Agent
Nancy Sliwa
Coldwell Banker Realty
Buyer's Agent
April Moon
@properties Christie's International Real Estate
List Price
$337,900
Sold Price
$337,900
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.10%
Original Mortgage
$195,000
Outstanding Balance
$195,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$139,947
Purchase Details
Closed on
Aug 1, 2019
Sold by
Dahlberg Janet and Dahlberg Robert
Bought by
Dahlberg Janet and Janet Dahlberg Living Trust
Purchase Details
Closed on
Dec 4, 2015
Sold by
Tatter Sarah J and Jersild Harriette
Bought by
Dahlberg Janet and Dahlberg Robert
Purchase Details
Closed on
Dec 3, 2002
Sold by
Rasmundson Lester J and Rasmundson Linda S
Bought by
Tatter Sarah J and Jersild Harriette
Purchase Details
Closed on
Feb 16, 1999
Sold by
Rasmunson Lester J
Bought by
Rasmunson Lester J and Rasmunson Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.88%
Purchase Details
Closed on
Jan 14, 1999
Sold by
Stipek Daniel A and Stipek Carmelita I
Bought by
Rasmunson Lester J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.88%
Purchase Details
Closed on
Nov 15, 1996
Sold by
Shaw James C and Shaw James C
Bought by
Stipek Daniel A
Purchase Details
Closed on
Jun 26, 1995
Sold by
Lasalle National Trust Na
Bought by
Shaw James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.79%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $338,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $183,500 | Prairie Title | |
| Warranty Deed | $245,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $145,000 | -- | |
| Warranty Deed | $147,000 | -- | |
| Trustee Deed | $132,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $195,000 | New Conventional | |
| Previous Owner | $112,000 | No Value Available | |
| Previous Owner | $144,500 | Unknown | |
| Previous Owner | $105,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $337,900 | 0.0% | $270 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | For Sale | $337,900 | -- | $270 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $4,339 | $21,818 | $817 | $21,001 |
| 2023 | $3,752 | $21,818 | $817 | $21,001 |
| 2022 | $3,752 | $17,777 | $1,387 | $16,390 |
| 2021 | $3,664 | $17,776 | $1,386 | $16,390 |
| 2020 | $3,705 | $17,776 | $1,386 | $16,390 |
| 2019 | $3,297 | $16,794 | $1,253 | $15,541 |
| 2018 | $3,118 | $16,794 | $1,253 | $15,541 |
| 2017 | $3,139 | $16,794 | $1,253 | $15,541 |
| 2016 | $4,694 | $14,591 | $1,044 | $13,547 |
| 2015 | $3,190 | $14,591 | $1,044 | $13,547 |
| 2014 | $2,949 | $14,591 | $1,044 | $13,547 |
| 2013 | $2,777 | $14,348 | $1,044 | $13,304 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Nancy Sliwa
Coldwell Banker Realty
(630) 464-0555
2 in this area
207 Total Sales
-
Buyer's Agent in 2025
April Moon
@ Properties
(708) 935-6183
11 in this area
94 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12388198
APN: 15-12-116-024-1057
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