NOT LISTED FOR SALE

726 Forest Ave River Forest, IL 60305

Estimated Value: $975,000 - $1,739,000

4 Beds
2 Baths
2,448 Sq Ft
$538/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $550,000 $225 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,960/month

18 Days on Market

Highlights

  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Lincoln Elementary School Rated A

About This Home

As of September 2019

This a great opportunity to live in a rare 2 flat in the middle of town and collect some rent to help pay the bills. The first floor consists of LR, sep Dr, Kitchen, 2 BR's and 1 bath. There is also an enclosed back porch. The second floor has LR, sep DR, Kitchen, 2 BR's plus a small office/BR and 1 bath and another enclosed back porch. The basement has great storage is unfinished with 2 HVAC sytems and 2 washers and dryers. Enjoy the fabulous back yard with the extra large 80 X 179 lot. 2 car garage. Or you can de-convert this into a single family home. Many options.

Last Agent to Sell the Property

Andrew Gagliardo

Compass License #471001960 Listed on: 07/08/2019

Compass

Last Buyer's Agent

Elizabeth Badrinath

@properties Christie's International Real Estate License #475158203

@properties   Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,779

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 80 x 179
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,779

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • List Price: 595000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: Lincoln Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Roosevelt School
  • Middle/Junior School District: 90

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 80 X 179
  • 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: 18779
  • Tax Year: 2017

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 16, 2019
Sold by
Carroll Mark W and Carroll Elizabeth H
Bought by
Simon David and Simon Sendy L
Seller's Agent
Andrew Gagliardo
Compass
Buyer's Agent
Elizabeth Badrinath
@properties Christie's International Real Estate
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$1,176,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,650
Avg. Annual Appreciation
13.61%
Original Mortgage
$440,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2015
Sold by
Livin Carroll Mark W
Bought by
The Mark & Betsy Carroll Family Revocabl

Purchase Details

Closed on
May 9, 2007
Sold by
Carroll Mark W
Bought by
Livin Carroll Mark W and Mark W Carroll Revocable Living Trust

Purchase Details

Closed on
Sep 26, 2001
Sold by
Carroll Ralph T
Bought by
Carroll Mark W
Source: Public Records

Range of Values:

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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
Simon David $550,000 Prairie Title
The Mark & Betsy Carroll Family Revocabl -- None Available
Livin Carroll Mark W -- None Available
Carroll Mark W $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon David $1,111,000
Closed Simon David $1,000,000
Closed Simon David $440,000
Closed Carroll Mark W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $550,000 -7.6% $225 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $595,000 -- $243 / 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 $30,215 $110,370 $13,497 $96,873
2023 $30,117 $118,057 $13,497 $104,560
2022 $30,117 $93,264 $11,680 $81,584
2021 $3,632 $11,679 $11,679 $0
2020 $17,653 $58,093 $11,679 $46,414
2019 $17,981 $57,920 $10,641 $47,279
2018 $17,022 $57,920 $10,641 $47,279
2017 $17,453 $59,601 $10,641 $48,960
2016 $15,557 $48,359 $8,824 $39,535
2015 $15,639 $49,485 $8,824 $40,661
2014 $14,743 $50,930 $8,824 $42,106
2013 $14,971 $53,059 $8,824 $44,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10442502

Midwest Real Estate Data (MRED)

APN: 15-12-101-016-0000