Erik Schwab
Corcoran Urban Real Estate
(312) 957-7984
82 Total Sales
1 in River Forest
$180,000 Price
407 Franklin Ave Unit 5F River Forest, IL 60305
River Forest AreaEstimated Value: $330,000 - $349,287
2
Beds
2
Baths
1,250
Sq Ft
1968
Built
Highlights
- Elevator
- Stainless Steel Appliances
- 1 Car Attached Garage
- Lincoln Elementary School Rated A
- Balcony
- Resident Manager or Management On Site
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
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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 Attached Garage
- Heated Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Entry on the 5th floor
- 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
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
Listed on
Jun 9, 2025
Closed on
Jul 15, 2025
Sold by
Bought by
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
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,738
Avg. Annual Appreciation
0.97%
Original Mortgage
$195,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2019
Sold by
Bought by
Purchase Details
Closed on
Dec 4, 2015
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 16, 1999
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Jun 26, 1995
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Forest, IL
-
Erik Schwab
-
Brian Behan
Brian Behan
@properties Christie's International Real Estate
(833) 418-3024
139 Total Sales
70 in River Forest
$115K - $2M Price Range
-
Edward Gunther
Edward Gunther
Keller Williams North Shore West
(224) 287-9194
24 Total Sales
1 in River Forest
$100,000 Price
-
Helen Paredes
Helen Paredes
@properties Christies International Real Estate
(877) 801-0624
48 Total Sales
1 in River Forest
$245,000 Price
-
Rafay Qamar
Rafay Qamar
Real Broker LLC
(833) 359-9113
1,068 Total Sales
3 in River Forest
$103K - $260K Price Range
-
Lisa Magidson
Lisa Magidson
North Clybourn Group, Inc.
(888) 367-2916
143 Total Sales
1 in River Forest
$365,000 Price
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 |
|---|---|---|---|
| $338,000 | None Listed On Document | ||
| -- | None Available | ||
| $183,500 | Prairie Title | ||
| $245,000 | -- | ||
| -- | -- | ||
| $145,000 | -- | ||
| $147,000 | -- | ||
| $132,000 | -- |
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 |
|---|---|---|---|
| Closed | $195,000 | ||
| Previous Owner | $112,000 | ||
| Previous Owner | $144,500 |
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 |
|---|---|---|---|---|
| 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
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 | $4,339 | $21,818 | $817 | $21,001 |
| 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
-
Nancy Sliwa
Seller's Agent in 2025
Nancy Sliwa
Coldwell Banker Realty
(630) 464-0555
180 Total Sales
-
April Moon
Buyer's Agent in 2025
April Moon
@ Properties
(708) 935-6183
79 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12388198
APN: 15-12-116-024-1057
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.
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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