RENTED MAR 1, 2025

550 Monroe Ave River Forest, IL 60305

Estimated Value: $975,140 - $1,454,000

4 Beds
3.5 Baths
6,043 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $715,000 $118 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,793/month

Highlights

  • Landscaped Professionally
  • Deck
  • Recreation Room
  • Roosevelt Middle School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of March 2025

Nestled on a quiet, tree-lined street, this stunning 4-bedroom, 3.5-bathroom home offers the perfect blend of charm, comfort, and convenience. All bedrooms on the 2nd level including a luxurious master suite with a newly remodeled bathroom and adjoining nursery. Relax by the wood-burning fireplace or enjoy the sunroom that opens to a wide backyard patio, complete with a gas grill - perfect for entertaining. Central air, a large open basement with new carpet, and a fully equipped laundry room. Walk to top-rated schools, the Metra, Green Line, and vibrant downtown Oak Park. Available immediately and partially furnished, this home is a rare opportunity to enjoy space, style, and a prime River Forest location.

Last Agent to Rent the Property

Jennifer Vande Lune

@properties Christie's International Real Estate License #475141942 Listed on: 01/24/2025

@properties Christie's International Real Estate

Last Renter's Agent

Elizabeth August

@properties Christie's International Real Estate License #475135225

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 60 x177
  • Landscaped Professionally

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,043 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Heatilator
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Storm Screens

Kitchen

  • Double Oven
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Outdoor Grill
  • Brick Porch or Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 2/1/25

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-02-01
  • Board Number: 10
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Detached
  • Rental Price: 5500
  • Security Deposit: 1 MO.
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 2 Stories
  • Property Sub-Type: Detached
  • Year Built: 2019
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Freezer, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Refrigerator, Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Heatilator
  • Fireplaces: 3
  • Furnished: Yes
  • Interior Amenities: Cathedral Ceiling(s), Bar-Wet, Hardwood Floors, Wood Laminate Floors, Second Floor Laundry
  • LivingArea: 6043
  • Room Type: Foyer, Recreation Room, Storage, Sun Room, Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Plans

Exterior Features

  • ExteriorFeatures: Patio, Porch, Brick Paver Patio, Storms/Screens, Outdoor Grill
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Sep Heating Systems - 2+, Zoned
  • Laundry Features: Gas Dryer Hookup, In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Rent Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 60 X177
  • Rural (Y/N): N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 19, 2013
Sold by
Hoover Russell J and Hoover Joann D
Bought by
Gloor David P and Gloor Kirstin L
Seller's Agent
Denise Dohman
Coldwell Banker Realty
Buyer's Agent
Kirstin Gloor
Coldwell Banker Realty
List Price
$739,000
Sold Price
$715,000
Premium/Discount to List
-$24,000
-3.25%
Current Estimated Value
$1,183,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,785
Avg. Annual Appreciation
4.10%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gloor David P $715,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gloor David P $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2025 03/01/25 Rented $5,500 0.0% --
02/17/2025 02/17/25 Price Changed $5,500 -15.4% $1 / Sq Ft
01/24/2025 01/24/25 For Rent $6,500 0.0% --
06/19/2013 06/19/13 Sold $715,000 -3.2% $316 / Sq Ft View Prior Sale
05/09/2013 05/09/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $739,000 -- $327 / 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 $19,088 $73,042 $17,940 $55,102
2023 $17,576 $76,000 $17,940 $58,060
2022 $17,576 $57,848 $15,525 $42,323
2021 $16,954 $57,847 $15,525 $42,322
2020 $16,635 $57,847 $15,525 $42,322
2019 $16,921 $57,937 $14,145 $43,792
2018 $17,207 $61,986 $14,145 $47,841
2017 $17,163 $61,986 $14,145 $47,841
2016 $19,055 $59,232 $11,730 $47,502
2015 $18,719 $59,232 $11,730 $47,502
2014 $19,679 $67,980 $11,730 $56,250
2013 $13,960 $52,107 $11,730 $40,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12276811

Midwest Real Estate Data (MRED)

APN: 15-12-213-012-0000