NOT LISTED FOR SALE

542 Franklin Ave River Forest, IL 60305

Estimated Value: $1,226,786 - $1,624,000

5 Beds
4.5 Baths
2,950 Sq Ft
$454/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $970,000 $329 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,173/month

2 Days on Market

Highlights

  • Pool House
  • Landscaped Professionally
  • Deck
  • Lincoln Elementary School Rated A
  • Mature Trees
  • Recreation Room

About This Home

As of November 2019

This exquisite brick home is a combination of quality, luxurious livability and an unbeatable location. The elegant foyer opens to a bright LR/DR combo featuring rich wood floors,fireplace and flows into an even brighter sunroom. The stunning kitchen & family room are perfect for entertaining! Kitchen features a huge butcher block island, stainless appliances, 5 burner cooktop, beverage frig and quartz counters. Gorgeous master with huge walk-in closet, luxurious bath w jetted tub, walk-in shower and balcony overlooking backyard. All 4 1/2 bathrooms have been recently renovated. 3rd FL offers an additional bedroom w/ office space & full bath. Backyard retreat boasts trex porch, beautiful paver patio overlooking a newer pool w/auto safety cover, outdoor shower, gazebo, & heated pool house (w small living space, kitchenette, bathroom & loft). Finished basement features full bath and 2nd laundry rm. New roof. Short walk to schools, metra and easy access to I290 & airport.

Last Agent to Sell the Property

Lisa Grimes

Engel & Voelkers Chicago License #475155715 Listed on: 09/23/2019

Engel & Voelkers Chicago

Last Buyer's Agent

Tony & Kathy Iwersen

@properties Christie's International Real Estate License #471005402

@properties   Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,851

Year Built

  • Built in 1924 | Remodeled in 2017

Lot Details

  • 10,049 Sq Ft Lot
  • Lot Dimensions are 50 x 201
  • Fenced
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,950 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Pool

  • Pool House
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Porch

Schools

  • Lincoln Elementary School
  • Roosevelt Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,851

Year Built

Built in 1924 | Remodeled in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Georgian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2017

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Finished, Exterior Entry, Full, Walk-Out Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Walk-In Closet(s)
  • LivingArea: 2950
  • Room Type: Breakfast Room, Bonus Room, Recreation Room, Balcony/Porch/Lanai, Deck, Sun Room, Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Finished,Full,Interior Stair
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stucco
  • ExteriorFeatures: Balcony
  • Fencing: Fenced
  • Lot Features: Landscaped, Mature Trees
  • OtherStructures: Gazebo, Pool House
  • Patio And Porch Features: Deck, Porch, Patio
  • Pool Features: In Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Brick Driveway, Concrete, Side Driveway, Garage Door Opener, Carport, Heated Garage, On Site, Garage Owned, Detached, Side Apron, Driveway, Owned, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Upper Level, Multiple Locations, Sink
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2307
  • Lot Dimensions: 50 X 201
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 17850.88
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 1, 2019
Sold by
Irvin Jayne and Hopps Sidney
Bought by
Augustyn James and Merlau Danita N
Seller's Agent
Lisa Grimes
Engel & Voelkers Chicago
Buyer's Agent
Tony & Kathy Iwersen
@properties Christie's International Real Estate
List Price
$975,000
Sold Price
$970,000
Premium/Discount to List
-$5,000
-0.51%
Current Estimated Value
$1,338,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,947
Avg. Annual Appreciation
5.39%
Original Mortgage
$776,000
Outstanding Balance
$681,793
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$657,154

Purchase Details

Listed on
Jul 8, 2014
Closed on
Sep 5, 2014
Sold by
Jones Lisa M
Bought by
Irvin Jayne and Hopps Sidney
Seller's Agent
Greer Haseman
@properties Christie's International Real Estate
Buyer's Agent
Julie Downey
Compass
List Price
$894,900
Sold Price
$890,000
Premium/Discount to List
-$4,900
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Aug 19, 2010
Sold by
Mcallister Timothy I
Bought by
Jones Lisa M

Purchase Details

Closed on
Apr 18, 2008
Sold by
Lauber Whalen Judith Lauber and Lauber Henness Susan
Bought by
Mcallister Timothy I and Jones Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2005
Sold by
Lauber Alyce K
Bought by
Lauber Alyce K and Trust A Of The Lauber Trust

Purchase Details

Closed on
Dec 10, 1999
Sold by
Lauber Robert R and Lauber Alyce K
Bought by
Lauber Robert R and Lauber Alyce K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Augustyn James $970,000 Prairie Title
Irvin Jayne $890,000 Fidelity Natl Title Ins Co
Jones Lisa M -- None Available
Mcallister Timothy I $790,000 Multiple
Lauber Alyce K -- --
Lauber Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustyn James $776,000
Previous Owner Mcallister Timothy I $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2019 11/01/19 Sold $970,000 -0.5% $329 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $975,000 +9.6% $331 / Sq Ft
09/08/2014 09/08/14 Sold $890,000 -0.5% $302 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $894,900 -- $303 / 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 $25,647 $97,000 $13,065 $83,935
2023 $25,465 $97,000 $13,065 $83,935
2022 $25,465 $82,278 $11,306 $70,972
2021 $24,552 $82,278 $11,306 $70,972
2020 $25,002 $82,278 $11,306 $70,972
2019 $19,029 $64,728 $10,301 $54,427
2018 $18,013 $64,728 $10,301 $54,427
2017 $19,228 $69,036 $10,301 $58,735
2016 $17,717 $57,571 $8,542 $49,029
2015 $18,288 $60,492 $8,542 $51,950
2014 $18,394 $66,111 $8,542 $57,569
2013 $15,457 $57,412 $8,542 $48,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10526908

Midwest Real Estate Data (MRED)

APN: 15-12-109-035-0000