NOT LISTED FOR SALE

540 Thomas Ave Forest Park, IL 60130

Estimated Value: $472,000 - $555,119

3 Beds
2 Baths
1,337 Sq Ft
$391/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $530,000 $396 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,560/month

2 Days on Market

Highlights

  • Recreation Room
  • Farmhouse Style Home
  • Formal Dining Room
  • Wood Flooring
  • Mud Room
  • 4-minute walk to Veterans Park

About This Home

As of July 2023

** Multiple Offers Received. Highest and Best by 7:00 pm on Thu, Jun 1st. ** Charming, stylish, updated and deceptively spacious home on a quiet, tree-lined street beckons! Step onto the inviting front porch and into the large, open living room and be wowed by the tall, sun-drenched southern exposure windows, the gleaming hardwood floors, and the soaring ceilings. This living room is perfect for entertaining friends as well as for cozy nights with loved ones and the generous adjacent bright dining room with tall windows can easily host your biggest holiday gatherings. Whipping up your gourmet meals is a delight in the bright, clean, thoughtfully-designed gut rehabbed kitchen (2019) with all stainless appliances, loads of cabinetry, miles of quartz countertops, an extra deep undermount sink, an appliance nook and even under cabinet heating to keep your tootsies warm! Past the kitchen, you'll find a huge, sunny family room with windows on three sides and so many potential uses - make it the perfect family room, office, craft room or more. A gut rehabbed full bath (2019) with a mix of trendy and classic tile, upgraded fixtures, a deep soaking tub, and a convenient drop zone area round out the first floor. When you're ready to retire, head upstairs where you'll find an elegant primary bed and two additional charming, sun-filled bedrooms. The stylish, fully rehabbed hallway bath (2019) has beautiful finishes and a walk-in shower. The expansive, dry basement boasts new drain tile and sump pump (both 2021) and with its classy luxury vinyl flooring, is open to your ideas for use - workout space, another family room, or play space? Past the clean laundry space (2019) and water heater (2020) is the surprise in the home - a large heated room with its own private entrance that can be used as a bedroom, an office or a space to meet with clients - the possibilities are endless! Al fresco, the double wide lot has beautiful landscaping to enjoy nature with plenty of space for a vegetable gardening or throwing a ball, with a low maintenance concrete patio for warm weather grilling and dining. A newer two-car garage (2018) offers additional room for storage and external parking pad is great for out-of-town guests! So much has been done in this home - blown insulation in attic (2021), all new copper water main (2019), new plumbing (2019), updated electric (2019), new windows (2019-2020) and more! All this on a fabulous, double lot on a lovely, leafy, Forest Park street that's just blocks from public transit, the 290, schools, parks, and all the fun of Madison Street's cafes, shopping, dining, and entertainment. This is the one you've been waiting for - all you have to do is move in and unpack. Welcome home!

Last Agent to Sell the Property

Swati Saxena

Baird & Warner License #471003778 Listed on: 05/30/2023

Baird & Warner

Last Buyer's Agent

Megan Oswald

Coldwell Banker Realty License #471010557

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,675

Year Built

  • Built in 1893

Lot Details

  • 6,351 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Off Alley Parking
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,337 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Schools

  • Garfield Elementary School
  • Forest Park Middle School
  • Proviso East High School

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • One Cooling System Mounted To A Wall/Window
  • Radiator
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,675

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Full Bath
  • LivingArea: 1337
  • Room Type: Recreation Room, Mud Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1337
  • Basement Description: Partially Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Double Pane Windows,Window Treatments
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 495000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Partial, Window/Wall Unit - 1
  • Electric: 200+ Amp Service
  • Heating: Radiator(s)
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Garfield Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Forest Park Middle School
  • Middle/Junior School District: 91

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1458
  • Lot Dimensions: 50X126
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9675.06
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 3, 2023
Sold by
Ross Callum F and Rowsell Donna M
Bought by
Ringel Lowell A and Marion Hannah
Seller's Agent
Swati Saxena
Baird & Warner
Buyer's Agent
Megan Oswald
Coldwell Banker Realty
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%
Views
46
Current Estimated Value
$523,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,970
Avg. Annual Appreciation
-0.60%
Original Mortgage
$503,500
Outstanding Balance
$491,841
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$31,189

Purchase Details

Closed on
May 23, 2023
Sold by
Callum Ross Revocable Trust
Bought by
Ross Callum F and Rowsell Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Outstanding Balance
$491,841
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$31,189

Purchase Details

Closed on
May 23, 2022
Sold by
Callum Ross Revocable Trust
Bought by
Ross Callum F and Rowsell Donna M

Purchase Details

Closed on
May 4, 2021
Sold by
Ross Callum F and Rowsell Donna M
Bought by
Ross Callum F and Callum Ross Revocable Trust

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 20, 2018
Sold by
Littlejohn Kristy M and Littlejohn Aaron M
Bought by
Ross Callum F and Rowsell Donna M
Seller's Agent
Lisa Pasquesi
@properties Christie's International Real Estate
Buyer's Agent
Margaret McSheehy
Historic Homes Realty
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$231,200
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2012
Sold by
Steinbach Stephanie L
Bought by
Steinbach Theresa A and Littlejohn Kristy M

Purchase Details

Closed on
Oct 29, 2007
Sold by
Koch Philipp
Bought by
Steinbach Stephanie and Steinbach Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.45%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Ringel Lowell A $530,000 Chicago Title Company
Ross Callum F -- Prairie Title
Ross Callum F -- Prairie Title
Ross Callum F -- Lakeland Title Services
Ross Callum F $289,000 Chicago Title
Steinbach Theresa A -- None Available
Steinbach Stephanie $335,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ringel Lowell A $503,500
Previous Owner Ross Callum F $231,200
Previous Owner Steinbach Stephanie $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2023 07/24/23 Sold $530,000 +7.1% $396 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $495,000 +71.3% $370 / Sq Ft
07/27/2018 07/27/18 Sold $289,000 0.0% $216 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $289,000 -- $216 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $9,441 $34,748 $6,350 $28,398
2023 $9,770 $34,748 $6,350 $28,398
2022 $9,770 $30,682 $4,128 $26,554
2021 $9,675 $31,749 $4,127 $27,622
2020 $9,845 $32,779 $4,127 $28,652
2019 $8,195 $23,273 $4,127 $19,146
2018 $6,841 $23,273 $4,127 $19,146
2017 $7,506 $25,630 $4,127 $21,503
2016 $7,477 $23,361 $3,810 $19,551
2015 $7,315 $23,361 $3,810 $19,551
2014 $7,196 $23,361 $3,810 $19,551
2013 $6,786 $23,613 $3,810 $19,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11791355

Midwest Real Estate Data (MRED)

APN: 15-13-211-012-0000