Seller's Agent in 2025
Zak Knebel
@ Properties
(773) 290-9293
36 in this area
239 Total Sales
704 Monroe Ave River Forest, IL 60305
3
Beds
2
Baths
2,055
Sq Ft
8,699
Sq Ft Lot
Highlights
- Formal Dining Room
- Living Room
- Family Room
- Roosevelt Middle School Rated A
- Laundry Room
- 3-minute walk to Centennial Park
About This Home
As of March 2025Opportunity awaits at 704 Monroe - located ideally in the center of River Forest on a charming brick-lined street. This 3 bedroom, 2 bathroom home needs extensive renovation and TLC but offers so much potential on a wonderful block with a deep lot. Potential to add primary suite on first floor, while still maintaining formal living and dining space. Lot size is 50 x 174. Taxes are $9,316.70. Property sold "as-is" - turn your vision into reality in this coveted location.
Last Agent to Sell the Property
@properties Christie's International Real Estate License #475131969 Listed on: 03/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,317
Year Built
- Built in 1913
Lot Details
- 8,699 Sq Ft Lot
- Lot Dimensions are 50 x 174
Parking
- 2 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2,055 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Lincoln Elementary School
- Roosevelt Middle School
- Oak Park & River Forest High Sch
Utilities
- No Cooling
- Radiator
- Lake Michigan Water
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 5, 2025
Closed on
Mar 20, 2025
Sold by
Lau Fernando and Lau Ines Guerra
Bought by
Green Development Llc
Seller's Agent
Zak Knebel
@properties Christie's International Real Estate
Buyer's Agent
Elissa Palermo
Berkshire Hathaway HomeServices Chicago
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,539
Avg. Annual Appreciation
134.86%
Original Mortgage
$778,545
Interest Rate
6.81%
Mortgage Type
Construction
Purchase Details
Listed on
May 18, 2023
Closed on
Jun 5, 2023
Sold by
Simon Richard J and Simon Mary Ellen
Bought by
Lau Fernando and Lau Ines Guerra
Seller's Agent
Julie Downey
Compass
Buyer's Agent
Diane Vargas
MPower Residential Brokerage LLC
List Price
$415,000
Sold Price
$415,000
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | Proper Title | |
| Warranty Deed | $415,000 | Citywide Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $778,545 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $475,000 | -4.8% | $231 / Sq Ft | |
| 03/11/2025 03/11/25 | Pending | -- | -- | -- | |
| 03/11/2025 03/11/25 | Price Changed | $499,000 | -5.0% | $243 / Sq Ft | |
| 03/06/2025 03/06/25 | For Sale | $525,000 | +26.5% | $255 / Sq Ft | |
| 06/14/2023 06/14/23 | Sold | $415,000 | 0.0% | $342 / Sq Ft | View Prior Sale |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- | |
| 05/18/2023 05/18/23 | For Sale | $415,000 | -- | $342 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $9,317 | $40,000 | $11,310 | $28,690 |
| 2024 | $9,317 | $40,000 | $11,310 | $28,690 |
| 2023 | $10,990 | $40,000 | $11,310 | $28,690 |
| 2022 | $10,990 | $40,193 | $9,788 | $30,405 |
| 2021 | $10,635 | $40,191 | $9,787 | $30,404 |
| 2020 | $10,516 | $40,191 | $9,787 | $30,404 |
| 2019 | $10,357 | $39,536 | $8,917 | $30,619 |
| 2018 | $9,802 | $39,536 | $8,917 | $30,619 |
| 2017 | $9,798 | $39,536 | $8,917 | $30,619 |
| 2016 | $9,961 | $35,245 | $7,395 | $27,850 |
| 2015 | $9,717 | $35,245 | $7,395 | $27,850 |
| 2014 | $8,928 | $35,245 | $7,395 | $27,850 |
| 2013 | $9,754 | $37,199 | $7,395 | $29,804 |
Source: Public Records
Agents Affiliated with this Home
-
Zak Knebel
-
Camille Hoover
Seller Co-Listing Agent in 2025
Camille Hoover
@ Properties
(708) 207-1214
16 in this area
86 Total Sales
-
Elissa Palermo
Buyer's Agent in 2025
Elissa Palermo
Berkshire Hathaway HomeServices Chicago
(773) 297-7995
2 in this area
52 Total Sales
-
Julie Downey
Seller's Agent in 2023
Julie Downey
Compass
(708) 203-0289
27 in this area
69 Total Sales
-
Diane Vargas
D
Buyer's Agent in 2023
Diane Vargas
MPower Residential Brokerage LLC
(773) 727-8063
1 in this area
48 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12299262
APN: 15-12-201-024-0000
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