Vipin Gulati
RE/MAX Professionals Select
(708) 859-6295
267 Total Sales
1 in River Forest
$125,000 Price
542 Thatcher Ave River Forest, IL 60305
River Forest AreaEstimated Value: $1,520,000 - $1,798,000
5
Beds
4.5
Baths
1,500
Sq Ft
$1,110/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 4-minute walk to River Forest Station
- Wood Flooring
- Lincoln Elementary School Rated A
- Dining Room with Fireplace
- Sun or Florida Room
About This Home
As of June 2025Iconic Colonial Revival Meets Modern Luxury in Prime River Forest Location. Welcome to the David A. Thatcher Home. Just a 4-minute walk to the Metra and surrounded by top-rated schools, nearby Oak Park boutiques, and lush green spaces, this iconic home offers the perfect blend of architectural charm and contemporary living. With 5 bedrooms, 4.1 baths, and 4 expansive levels, this residence is ideal for those who crave timeless design with space to live, work, and play in style. Step into the dramatic foyer and immediately feel the grandeur, soaring 11-foot ceilings, oversized windows, and two stunning fireplaces set the tone for elevated living. Whether hosting friends or just vibing at home, the formal living and dining rooms deliver elegance with a cozy twist. At the heart of the home is the sun-drenched chef's kitchen, outfitted with sleek granite countertops, premium Miele and Bosch appliances, and an inviting breakfast area that opens to the family/sunroom with stunning backyard views. Enjoy peaceful views of the massive, professionally landscaped backyard-a rare private escape just steps from city life. Upstairs, the primary suite is a dream retreat-a fully updated spa-like bathroom with soaking tub, glass-enclosed shower, dual vanities, and walk-in closets. Three additional and spacious rooms on this floor offer flexible space for bedrooms, home offices, or your creative zone. Head to the third floor and discover a sunlit loft-style hideaway with vaulted ceilings, skylights, and a newly renovated full bath-perfect for a guest suite, gaming lounge, additional bedroom, or remote work sanctuary. The fully finished lower level is freshly updated with a chic new bath, large laundry area, and plenty of space to unwind, work out, or hang out. Key Updates & Features: Newer roof, new boiler, water heater, and 2nd-floor windows, Fresh interior + exterior paint, New landscaping + curb appeal refresh, Tons of storage + versatile living areas throughout Live the River Forest Lifestyle with an easy walk to Lincoln Elementary, and a close commute to Roosevelt Middle, and OPRF High School. Explore the River Forest Tennis Club, Thatcher Woods trails, and enjoy quick access to downtown Oak Park for shopping, dining, and entertainment. With I-290 just minutes away, you're 20 minutes from downtown Chicago. Whether you're drawn to the architectural pedigree, the modern updates, or the unbeatable walkable location, this home delivers on all fronts. Don't miss your chance to own a piece of River Forest history, refreshed.
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 Details
Home Type
- Single Family
Est. Annual Taxes
- $35,315
Year Built
- Built in 1896 | Remodeled in 2025
Lot Details
- Lot Dimensions are 119 x 200
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Parking Available
- Driveway
- Parking Included in Price
Home Design
- Colonial Architecture
- Traditional Architecture
- Stone Foundation
- Asphalt Roof
- Stucco
Interior Spaces
- 1,500 Sq Ft Home
- 3-Story Property
- Wood Burning Fireplace
- Replacement Windows
- Mud Room
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room with Fireplace
- 2 Fireplaces
- Breakfast Room
- Formal Dining Room
- Den
- Sun or Florida Room
Kitchen
- Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Oak Park & River Forest High Sch
Utilities
- Central Air
- Heating System Uses Natural Gas
- Radiant Heating System
- Lake Michigan Water
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
Nov 11, 2025
Sold by
Tak Gaurav and Shirazi Aniseh
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 30, 2025
Sold by
Anderson Ross C
Bought by
Shirazi Aniseh and Tak Gaurav
Seller's Agent
Victoria Krause Schutte
@properties
Buyer's Agent
Swati Saxena
Baird & Warner
List Price
$1,575,000
Sold Price
$1,500,000
Premium/Discount to List
-$75,000
-4.76%
Views
85
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$1,200,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 21, 2020
Closed on
Jan 7, 2021
Sold by
Skelding David L and Deighan Karen J
Bought by
Anderson Ross
Seller's Agent
Claudine Cantu
@properties Christie's International Real Estate
Buyer's Agent
Victoria Krause Schutte
@properties
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Purchase Details
Closed on
Apr 25, 1997
Sold by
Wesolowski James J and Wesolowski Karen K
Bought by
Skelding David L and Deighan Karen J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in River Forest, IL
-
Vipin Gulati
-
Joelle Venzera
Joelle Venzera
Compass
(708) 564-3952
112 Total Sales
6 in River Forest
$143K - $1.3M Price Range
-
Deneen Ruffolo
Deneen Ruffolo
Realty Executives Midwest
(708) 286-5683
92 Total Sales
1 in River Forest
$112,000 Price
-
Ali Bakir
Ali Bakir
MorphEasy Realty
(833) 433-0982
131 Total Sales
2 in River Forest
$270K - $495K Price Range
-
Israel Hernandez
Israel Hernandez
Epique Realty Inc
(219) 351-6354
94 Total Sales
1 in River Forest
$147,500 Price
-
Elizabeth Goodchild
Elizabeth Goodchild
Realty of America
(224) 479-1826
470 Total Sales
1 in River Forest
$135,000 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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Shirazi Aniseh | $1,500,000 | First American Title | |
| Anderson Ross | $1,075,000 | Prairie Title | |
| Skelding David L | $650,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $1,200,000 |
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 |
|---|---|---|---|---|---|
| 06/04/2025 06/04/25 | Sold | $1,500,000 | -4.8% | $1,000 / Sq Ft | |
| 04/28/2025 04/28/25 | Pending | -- | -- | -- | |
| 04/10/2025 04/10/25 | For Sale | $1,575,000 | +46.5% | $1,050 / Sq Ft | |
| 01/11/2021 01/11/21 | Sold | $1,075,000 | 0.0% | $235 / Sq Ft | View Prior Sale |
| 11/20/2020 11/20/20 | Off Market | $1,075,000 | -- | -- | |
| 10/28/2020 10/28/20 | Pending | -- | -- | -- | |
| 08/27/2020 08/27/20 | Price Changed | $1,098,000 | -4.5% | $241 / Sq Ft | |
| 07/21/2020 07/21/20 | For Sale | $1,150,000 | -- | $252 / 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 | $35,315 | $129,000 | $30,589 | $98,411 |
| 2024 | $35,315 | $129,000 | $30,589 | $98,411 |
| 2023 | $32,542 | $129,000 | $30,589 | $98,411 |
| 2022 | $32,542 | $100,775 | $26,766 | $74,009 |
| 2021 | $30,304 | $100,774 | $26,765 | $74,009 |
| 2020 | $29,680 | $100,774 | $26,765 | $74,009 |
| 2019 | $26,720 | $89,500 | $24,216 | $65,284 |
| 2018 | $25,293 | $89,500 | $24,216 | $65,284 |
| 2017 | $25,220 | $89,500 | $24,216 | $65,284 |
| 2016 | $31,951 | $101,817 | $20,392 | $81,425 |
| 2015 | $31,348 | $101,817 | $20,392 | $81,425 |
| 2014 | $28,731 | $101,817 | $20,392 | $81,425 |
| 2013 | $32,472 | $117,714 | $20,392 | $97,322 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Krause Schutte
Seller's Agent in 2025
Victoria Krause Schutte
@properties
(708) 214-8108
105 Total Sales
-
Swati Saxena
Buyer's Agent in 2025
Swati Saxena
Baird Warner
(847) 477-3655
221 Total Sales
-
Claudine Cantu
Seller's Agent in 2021
Claudine Cantu
@ Properties
(312) 735-6062
44 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12333176
APN: 15-11-208-033-0000
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
Nearby Homes
- 560 Park Ave
- 424 Park Ave Unit 206
- 415 Park Ave Unit D
- 406 Franklin Ave Unit 3B
- 406 Franklin Ave Unit 1B
- 739 Park Ave
- 820 Ashland Ave
- 409 Lathrop Ave Unit 1B
- 410 S 2nd Ave
- 7575 Lake St Unit 4B
- 22 Gale Ave
- 417 S 3rd Ave
- 22 Keystone Ave
- 619 N 4th Ave
- 606 S 2nd Ave
- 7521 Brown Ave Unit E
- 212 S 5th Ave Unit A3
- 704 Monroe Ave
- 700 Monroe Ave
- 7505 Brown Ave Unit E
- 532 Thatcher Ave
- 526 Thatcher Ave
- 520 Thatcher Ave
- 544 Thatcher Ave
- 516 Thatcher Ave
- 546 Thatcher Ave
- 531 Edgewood Place
- 535 Edgewood Place
- 512 Thatcher Ave
- 525 Edgewood Place
- 539 Edgewood Place
- 543 Edgewood Place
- 519 Edgewood Place
- 506 Thatcher Ave
- 535 Thatcher Ave
- 531 Thatcher Ave
- 547 Edgewood Place
- 527 Thatcher Ave
- 511 Edgewood Place
- 523 Thatcher Ave
Your Personal Tour Guide
Ask me questions while you tour the home.