NOT LISTED FOR SALE

706 Monroe Ave River Forest, IL 60305

Estimated Value: $1,558,000 - $1,712,682

5 Beds
5.5 Baths
5,293 Sq Ft
$314/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $1,600,000 $302 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,634/month

79 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Main Floor Bedroom
  • Roosevelt Middle School Rated A
  • Recreation Room
  • 4-minute walk to Centennial Park

About This Home

As of January 2025

Welcome to your 2023 reconstructed high quality dream home flooded with natural light throughout and high ceilings! All work has been done to recently updated 2023 River Forest building codes. Nestled on an oversized lot in River Forest, this stunning modern masterpiece exudes elegance and sophistication. Meticulously reconstructed from the ground up, this home offers the perfect blend of contemporary design and timeless charm. Only 3 walls and roof frame were saved from original home! Step inside and be captivated by the seamless fusion of space and style. New white oak floors adorn three levels, leading you through a grand staircase with beautiful light fixtures that illuminate every corner. The heart of this home is the chef's dream kitchen, where culinary aspirations come to life. Quartz countertops, custom hand-made solid maple cabinets and a magnificent 48" Ilve Majestic oven from Italy set the stage for gourmet creations. High end appliances include beverage refrigerator, Dacor Dishwasher and Monogram side by side refrigerator. Indulge in the luxury of beautifully appointed bathrooms featuring exquisite tile, Kohler, Duravit, Graff and Gerberit bath fixtures and innovative lighting. Picture yourself starting your day with Alexa Amazon speakers seamlessly integrated into the bathroom mirror, providing weather updates and setting the tone for the day ahead. Entertain with ease in the open-concept main level, featuring a family room with a gas fireplace, living room, dining room, kitchen, den, powder room, and convenient mudroom. Upstairs, discover a haven of comfort with four bedrooms, three baths, and a dedicated laundry room. The third floor offers a private retreat with an additional bedroom, bath, and two charming nooks ideal for quiet reading or imaginative play. The lower level beckons with another spacious family room complete with a wet bar and refrigerator, heated floors in basement including the bathroom, perfect for hosting gatherings or cozy nights in. A second laundry room on lower level adds convenience and functionality to everyday living. New roof, 2 new drain tile systems. A new 4-story addition was added on the south/west side as well as a mudroom on the west side. No detail has been overlooked in this meticulously reconstructed home, with upgrades including a new copper supply water line to the street, new overhead plumbing system, new basement floor, new electrical 200 AMPS service as well as whole house system, sprinkler system, new closed cell spray insulation, new windows, new doors and state-of-the-art security system with cameras for added peace of mind. New James Hardie Board siding (fiber cement). Experience the pinnacle of luxury living in a home that combines unparalleled craftsmanship with modern amenities. Maintenance-free appeal, this is more than just a home-it's a lifestyle. Relax and unwind on your new large back deck overlooking a great yard. Deck was done with Trex decking boards and aluminum railings (maintenance free) Home also has a front porch with new Trex boards, new cedar baluster, trims and soffit. 2 car garage has a 240v circuit for an EV plus an exterior spot. Garage has new roof shingles and gutters, new siding and side door. Don't miss your chance to own this exceptional property, where every detail reflects the care and dedication of its developers. Schedule your private showing today and make your dream a reality!

Last Agent to Sell the Property

Eileen Casey

@properties Christie's International Real Estate License #475144509 Listed on: 08/01/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Lance Kirshner

Compass License #475124478

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,920

Year Built

  • Built in 1888 | Remodeled in 2023

Lot Details

  • 8,712

Parking

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

Home Design

  • Victorian Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,293 Sq Ft Home
  • 3-Story Property
  • Bar Fridge
  • Heatilator
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Lower Floor Utility Room
  • Storage Room

Kitchen

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

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Lot Dimensions are 50x174

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,920

Year Built

Built in 1888 | Remodeled in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1888
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Rebuilt Year: 2023
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Heatilator
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, First Floor Bedroom, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 5293
  • Room Type: Bedroom 5, Walk In Closet, Mud Room, Recreation Room, Storage, Foyer, Office, Sitting Room, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 5293
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Square Footage Comments: 4032 SF above Grade and 1261 SF Finished Basement
  • Total Sq Ft: 5293
  • Door Features: Sliding Glass Door(s)
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Alley
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, Multiple Locations, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch

Lot Info

  • Lot Dimensions: 50X174
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11920.06
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Dec 19, 2024
Sold by
Little Oasis Real Estate Llc
Bought by
Upadhyaya Sagar Vinod and Hultgren Stacey
Seller's Agent
Eileen Casey
@properties Christie's International Real Estate
Buyer's Agent
Lance Kirshner
Compass
List Price
$1,699,900
Sold Price
$1,600,000
Premium/Discount to List
-$99,900
-5.88%
Views
107
Current Estimated Value
$1,664,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,171
Avg. Annual Appreciation
3.67%
Original Mortgage
$1,000,000
Outstanding Balance
$987,372
Interest Rate
5.85%
Mortgage Type
New Conventional
Estimated Equity
$676,799

Purchase Details

Closed on
Apr 6, 2022
Sold by
Mulka Jadwig and Gemeda Abebe
Bought by
Little Oasis Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2022
Sold by
Mulka Jadwiga and Gemeda Abebe
Bought by
Little Oasis Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 3, 2021
Closed on
Feb 14, 2022
Sold by
Guistino Dino
Bought by
Mulka Jadwiga and Gemeda Abebe
Seller's Agent
Richard Dazzo
Anthony J.Trotto Real Estate
Buyer's Agent
Richard Dazzo
Anthony J.Trotto Real Estate
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.19%
Original Mortgage
$765,000
Interest Rate
3.14%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 10, 2021
Sold by
Guistino Dino
Bought by
Mulka Jadwiga and Gemeda Abebe

Purchase Details

Closed on
Oct 21, 1993
Sold by
River Forest State Bank & Trust Company
Bought by
Mueller Shirley A
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
Upadhyaya Sagar Vinod $1,600,000 Citywide Title
Little Oasis Real Estate Llc -- --
Little Oasis Real Estate Llc -- None Listed On Document
Mulka Jadwiga -- --
Mulka Jadwiga -- --
Mueller Shirley A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Upadhyaya Sagar Vinod $1,000,000
Previous Owner Little Oasis Real Estate Llc $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $1,600,000 -5.9% $302 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $1,699,900 0.0% $321 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,699,900 +325.0% $321 / Sq Ft
01/27/2022 01/27/22 Sold $400,000 -20.0% -- View Prior Sale
10/28/2021 10/28/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $500,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $11,920 $159,500 $11,310 $148,190
2024 $11,920 $171,360 $11,310 $160,050
2023 $9,652 $43,543 $11,310 $32,233
2022 $9,652 $29,891 $9,788 $20,103
2021 $13,719 $79,864 $9,787 $70,077
2020 $13,318 $79,864 $9,787 $70,077
2019 $12,158 $69,715 $8,917 $60,798
2018 $11,512 $69,715 $8,917 $60,798
2017 $11,449 $69,715 $8,917 $60,798
2016 $11,304 $57,031 $7,395 $49,636
2015 $11,210 $57,031 $7,395 $49,636
2014 $10,226 $57,031 $7,395 $49,636
2013 $9,381 $52,553 $7,395 $45,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12126948

Midwest Real Estate Data (MRED)

APN: 15-12-201-023-0000