NOT LISTED FOR SALE

540 Forest Ave Oak Park, IL 60302

Oak Park Area

Estimated Value: $812,000 - $1,174,000

5 Beds
3 Baths
2,431 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2016

Last sale price $705,000 $290 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,715 / mo

1 Day on Market

Highlights

  • The property is located in a historic district
  • Deck
  • American Four Square Architecture
  • Oliver W Holmes Elementary School Rated A-
  • Recreation Room
  • 4-minute walk to Holmes School Playground

About This Home

As of May 2016

Geographically correct! Center of town location. 5 BR, 2.1 baths in 4 comfortable levels of living space. Lots of new improvements to this turn of the century (1902) American Foursquare style beauty. Exterior newly painted a crisp cadet grey with accenting white trim. New wood fence with black iron automated security gate. All new baths and newly finished 3rd floor with huge bedroom and full bath. New windows throughout, new kitchen appliances & W/D. Kitchen is large enough for any gathering! An abundance of natural woodwork and stained glass windows. Honestly, very close to everything!

Last Agent to Sell the Property

Diane Davis

Coldwell Banker Realty License #475125456 Listed on: 03/16/2016

Co-Listed By

Patsy Bonniwell

Coldwell Banker Realty License #475125445

Last Buyer's Agent

Steve Nasralla

Compass License #475130818

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1903

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • American Four Square Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • Two Cooling Systems Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Fenced Yard
  • The property is located in a historic district

Home Details

Home Type

Single Family

Year Built

1903

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Historical District
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: American 4-Sq.
  • Type Detached: 3 Stories
  • Estimated Year Built: 1903
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 9
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Attic: Finished, Interior Stair
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Dining Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 12X23, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: 5th Bedroom, Deck, Recreation Room
  • Master Bedroom: Dimensions: 25X12, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 15X13, On Level: 3rd Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 18X11, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm, Dimensions: 14X11, On Level: Basement, Flooring: Carpet
  • Bedroom 3: Dimensions: 15X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 13X13, On Level: Main Level
  • Additional Room 5 Name: Deck, Dimensions: 20X12, On Level: Main Level
  • Estimated Sq Ft: 2431
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Porch, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air, Partial, 2 (Window/Wall Unit)
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 50X148
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 16063200160000

Tax Info

  • Taxes: 17,082.

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

Closed on
Feb 18, 2021
Sold by
Bought by
Current Estimated Value
$944,826

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 9, 2016
Sold by
Bought by
Seller's Agent
Diane Davis
Coldwell Banker Realty
Buyer's Agent
Steve Nasralla
Compass
List Price
$695,000
Sold Price
$705,000
Premium/Discount to List
$10,000
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Mar 23, 2015
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
$450,619
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 16, 2013
Sold by
Bought by
Seller's Agent
Marcee Gavula
Baird & Warner
Buyer's Agent
Patsy Bonniwell
Coldwell Banker Realty
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$452,000
Interest Rate
0.0437%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Attorney
$705,000 None Available
-- Fidelity Natl Title Ins Co
$565,000 Baird And Warner Title Servi
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
Previous Owner $450,619
Closed $452,000
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 Prior Sale
05/02/2016 05/02/16 Sold $705,000 +1.4% $290 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $695,000 +23.0% $286 / Sq Ft
10/01/2013 10/01/13 Sold $565,000 -4.1% $268 / Sq Ft View Prior Sale
08/25/2013 08/25/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $589,000 -- $279 / 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 $18,805 $61,000 $9,620 $51,380
2024 $18,805 $61,000 $9,620 $51,380
2023 $16,543 $61,000 $9,620 $51,380
2022 $16,543 $46,502 $8,325 $38,177
2021 $16,155 $46,502 $8,325 $38,177
2020 $15,843 $46,502 $8,325 $38,177
2019 $18,651 $52,043 $7,585 $44,458
2018 $17,950 $52,043 $7,585 $44,458
2017 $21,801 $60,360 $7,585 $52,775
2016 $17,664 $43,887 $6,290 $37,597
2015 $18,383 $50,975 $6,290 $44,685
2014 $17,082 $50,975 $6,290 $44,685
2013 $13,877 $45,269 $6,290 $38,979
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Diane Davis

    Coldwell Banker Realty

  • P

    Seller Co-Listing Agent in 2016

    Patsy Bonniwell

    Coldwell Banker Realty

    Section Image
  • Steve Nasralla

    Buyer's Agent in 2016

    Steve Nasralla

    Compass

    (708) 466-5164

    195 Total Sales

    Steve Nasralla
    Section Image

  • M

    Seller's Agent in 2013

    Marcee Gavula

    Baird Warner

  • J

    Seller Co-Listing Agent in 2013

    Jim Gilllespie

    Baird Warner

    (708) 278-1766

    10 Total Sales

    Jim Gilllespie
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09167330

Midwest Real Estate Data (MRED)

APN: 16-06-320-016-0000

Illinois Cook County Oak Park 60302

540 Forest Ave, Oak Park, IL

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.

Midwest Real Estate Data (MRED) 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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