
407 Franklin Ave Unit 5F River Forest, IL 60305
Estimated payment $2,532/month
Highlights
- Elevator
- Stainless Steel Appliances
- Resident Manager or Management On Site
- Lincoln Elementary School Rated A
- Balcony
- Laundry Room
About This Home
Welcome 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!
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
- Range
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,752 | $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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/09/2025 06/09/25 | For Sale | $337,900 | -- | $270 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
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 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $112,000 | No Value Available | |
Previous Owner | $144,500 | Unknown | |
Previous Owner | $105,600 | No Value Available |
About the Listing Agent

I'm an expert real estate broker for 30+ years with Coldwell Banker Realty in Elmhurst, IL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Nancy's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12388198

APN: 15-12-116-024-1057
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