Seller's Agent in 2023
Michael O'Neill
@ Properties
(708) 267-8995
6 in this area
34 Total Sales
518 Keystone Ave River Forest, IL 60305
Estimated Value: $497,000 - $748,000
7
Beds
4.5
Baths
7,975
Sq Ft
$76/Sq Ft
Est. Value
Highlights
- 0.71 Acre Lot
- 4-minute walk to River Forest Station
- Mature Trees
- Lincoln Elementary School Rated A
- Landscaped Professionally
- 5-minute walk to Keystone Park East
About This Home
As of November 2023Welcome to the Solomon Thatcher Jr. Home, one of the first and finest homes built in River Forest. This home was built on 516 and 518 Keystone Avenue. Keystone Avenue is affectionately referred to as "The Street of Dreams" with some of the deepest parkways, setbacks, and yards up to 235' deep. A rare opportunity to own a very distinctive home situated one block from beautiful Keystone Park, and the River Forest Metra train station. This impressive three story home features a Mansard roof, elongated windows, and a welcoming porch and veranda. Solomon built this home with thoughtful, hand crafted millwork. He was a builder that also owned a sawmill which accounts for the incredible selection and execution of the woodwork displayed throughout the home. The home is designed around a grand central foyer with soaring ceilings, 8' pocket doors and a transom of french panes. The foyer and the first floor rooms are filled with art and stained glass, fireplaces, some original gas light sconces, hand carved woodwork, wainscoting, beamed ceilings and more. Moving through the grand foyer is the intimate dining room showcasing warm walnut wainscoting and breathtaking crown moldings found frequently in great Chicago architecture of this period. Off the dining room is a breakfast room flooded with light and panoramic views of the expansive yard and mature trees. The chef's kitchen features custom cabinetry, granite counter tops, an island with seating for six, high-end stainless steel appliances including a professional 48" oven/range, two refrigerators and two dishwashers for quick clean up. Off of the kitchen is a convenient mudroom that includes first floor laundry. This awesome kitchen was selected for the annual Parenthesis Kitchen walk. The home was also featured as an ASID showcase home, a Wright Plus house walk home and was on the 2022 River Forest Historic Homes Tour. The second floor includes a magnificent hallway with a striking floor to ceiling mahogany trimmed mirror. There are 4 bedrooms, 3 baths and a sunroom on the second floor. The Primary suite includes a fireplace, sitting area, walk-in closet, luxurious spa bath, separate shower and elegant double sink vanity. Third floor includes a game room, an office, 3 bedrooms and a full bath. There is a Coach House above the garage that is freshly painted and includes one bedroom, a family room, kitchen and a full bath. This is your opportunity to live in a wonderful home in a fabulous location on one of the largest lots in River Forest.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #471014865 Listed on: 07/24/2022
Last Buyer's Agent
@properties Christie's International Real Estate License #475135225
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $53,260
Year Built
- Built in 1874
Lot Details
- 0.71 Acre Lot
- Lot Dimensions are 135 x 230
- Landscaped Professionally
- Paved or Partially Paved Lot
- Sprinkler System
- Mature Trees
- Wooded Lot
- Garden
- Additional Parcels
Parking
- 2 Car Detached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Coach House
- Brick Foundation
Interior Spaces
- 7,975 Sq Ft Home
- 3-Story Property
- Wet Bar
- Built-In Features
- Dry Bar
- Historic or Period Millwork
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Decorative Fireplace
- Attached Fireplace Door
- Gas Log Fireplace
- Some Wood Windows
- Insulated Windows
- Shades
- Blinds
- Stained Glass
- Center Hall Plan
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 4 Fireplaces
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Game Room
- Heated Sun or Florida Room
- Utility Room with Study Area
- Wood Flooring
Kitchen
- Gas Oven
- Range with Range Hood
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry in multiple locations
- Dryer
- Washer
- Sink Near Laundry
Unfinished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Home Security System
- Storm Screens
- Carbon Monoxide Detectors
Outdoor Features
- Balcony
- Deck
- Brick Porch or Patio
Schools
- Lincoln Elementary School
- Roosevelt Middle School
- Oak Park & River Forest High Sch
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Lake Michigan Water
- Cable TV Available
Additional Features
- Halls are 42 inches wide
- Property is near a park
Community Details
- Tennis Courts
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2022
Closed on
Nov 21, 2023
Sold by
Marguerite T Pizzo Revocable Trust
Bought by
John Brauc Living Trust
Seller's Agent
Michael O'Neill
@properties Christie's International Real Estate
Buyer's Agent
Elizabeth August
@properties Christie's International Real Estate
List Price
$1,575,000
Sold Price
$1,130,000
Premium/Discount to List
-$445,000
-28.25%
Views
1030
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
-$508,419
Avg. Annual Appreciation
-31.46%
Purchase Details
Closed on
Apr 13, 2020
Sold by
Pizzo James J
Bought by
Pizzo James J and Marguerite T Pizzo Revocable Trust
Purchase Details
Closed on
Nov 29, 2012
Sold by
Pizzo James Joseph and Pizzo Marguerite Ann Triolo
Bought by
Pizzo Marguerite T and Marguerite T Pizzo Revocable Trust
Purchase Details
Closed on
May 3, 2005
Sold by
Irvin Thomas J and Irvin Jayne L
Bought by
Pizzo James Joseph and Pizzo Marguerite Ann Triolo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 9, 2001
Sold by
Farrales Rodrigo L and Farrales Elouisa
Bought by
Irvin Thomas J and Irvin Jayne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John Brauc Living Trust | $1,130,000 | Chicago Title Company | |
| Pizzo James J | -- | Attorney | |
| Pizzo Marguerite T | -- | None Available | |
| Pizzo James Joseph | $1,200,000 | Prairie Title | |
| Irvin Thomas J | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pizzo James J | $290,000 | |
| Previous Owner | Pizzo James Joseph | $100,000 | |
| Previous Owner | Pizzo James Joseph | $355,000 | |
| Previous Owner | Irvin Thomas J | $600,000 | |
| Closed | Irvin Thomas J | $562,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $1,130,000 | -9.6% | $142 / Sq Ft |
| 10/25/2023 10/25/23 | Pending | -- | -- | -- |
| 10/07/2023 10/07/23 | Price Changed | $1,250,000 | -15.3% | $157 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $1,475,000 | -6.3% | $185 / Sq Ft |
| 07/24/2022 07/24/22 | For Sale | $1,575,000 | -- | $197 / 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 | $11,361 | $28,902 | $15,756 | $13,146 |
| 2023 | $5,855 | $41,501 | $15,756 | $25,745 |
| 2022 | $5,855 | $18,131 | $13,787 | $4,344 |
| 2021 | $5,638 | $18,130 | $13,786 | $4,344 |
| 2020 | $5,509 | $18,130 | $13,786 | $4,344 |
| 2019 | $6,760 | $21,775 | $5,580 | $16,195 |
| 2018 | $1,949 | $6,632 | $5,580 | $1,052 |
| 2017 | $1,942 | $6,632 | $5,580 | $1,052 |
| 2016 | $1,865 | $5,798 | $4,595 | $1,203 |
| 2015 | $1,832 | $5,798 | $4,595 | $1,203 |
| 2014 | $1,678 | $5,798 | $4,595 | $1,203 |
| 2013 | $1,636 | $5,798 | $4,595 | $1,203 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Elizabeth August
@ Properties
(773) 610-8000
41 in this area
168 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11473344
APN: 15-12-106-019-0000
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