$337,900

407 Franklin Ave Unit 5F River Forest, IL 60305

Estimated payment $2,532/month

Total Views 5,450
2 Beds
2 Baths
1,250 Sq Ft
$270 Price per Sq Ft

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!

Last Listed By

Nancy Sliwa

Coldwell Banker Realty License #475121736 Listed on: 06/09/2025

Coldwell Banker Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,339

Year Built

Built in 1968 | Remodeled in 2016

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple
  • EntryLevel: 5
  • 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: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1250
  • Room Type: Foyer
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 0
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick
  • ExteriorFeatures: Balcony
  • List Price: 337900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Asphalt, Garage Door Opener, Heated Garage, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 377
  • Association Amenities: Coin Laundry, Elevator(s), Storage
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

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
  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 1.16
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4339
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 29

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,752 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $337,900 -- $270 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 --
Source: Public Records

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
Source: Public Records

About the Listing Agent

Nancy Sliwa

Coldwell Banker Realty

(833) 771-0730

Section Image

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.

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12388198

Midwest Real Estate Data (MRED)

APN: 15-12-116-024-1057