NOT LISTED FOR SALE

731 William St River Forest, IL 60305

Estimated Value: $1,134,000 - $1,191,000

4 Beds
2.5 Baths
3,317 Sq Ft
$351/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $950,000 $286 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,025/month

1 Day on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Roosevelt Middle School Rated A
  • Living Room
  • 5-minute walk to Centennial Park

About This Home

As of April 2022

The house was completely renovated in 2010 and has ~3317 square feet of finished living space and an additional 1000sf of unfinished storage space. It Is centrally located in the heart of River Forest within walking distance of schools, library, metra/EL, and downtown Oak Park, Metra. The house and others on the block are recognized with the historical register.

Last Agent to Sell the Property

Stephen Hachey

Flat Fee MLS Realty of Illinois PLLC License #471021135 Listed on: 02/21/2022

Last Buyer's Agent

Deborah Smiley

DLS Realty Group, LLC. License #471020456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,524

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 50x180

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Interior Spaces

  • 3,317 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,524

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 3317
  • Room Type: Other Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Exterior Building Type: Brick,Concrete

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
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air, Steam, Radiant
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 50X180
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 18523.77
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 12, 2022
Sold by
Mcneill William T and Andreasen Elizabeth L
Bought by
Thrower Lawrence and Ballard-Thrower Rhea
Seller's Agent
Stephen Hachey
Flat Fee MLS Realty of Illinois PLLC
Buyer's Agent
Deborah Smiley
DLS Realty Group, LLC.
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%
Current Estimated Value
$1,163,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,848
Avg. Annual Appreciation
5.61%
Original Mortgage
$914,850
Outstanding Balance
$849,398
Interest Rate
3.38%
Mortgage Type
Balloon
Estimated Equity
$314,451

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 23, 2022
Sold by
Mcneill William T and Mcneill Elizabeth L
Bought by
Thrower Lawrence and Ballard-Thrower Rhea
Seller's Agent
Stephen Hachey
Flat Fee MLS Realty of Illinois PLLC
Buyer's Agent
Deborah Smiley
DLS Realty Group, LLC.
List Price
$975,000
Sold Price
$950,000
Premium/Discount to List
-$25,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$914,850
Outstanding Balance
$849,398
Interest Rate
3.38%
Mortgage Type
Balloon
Estimated Equity
$314,451

Purchase Details

Closed on
Oct 11, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Schmude Craig O and Schmude Nancy J

Purchase Details

Closed on
Jun 27, 1997
Sold by
Gordon Robert W and Gordon Janeva
Bought by
Mcneill William T and Andreasen Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8%
Mortgage Type
Balloon
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
Thrower Lawrence $950,000 --
Thrower Lawrence $950,000 Prairie Title
Thrower Lawrence $950,000 --
Schmude Craig O $390,000 Cti
Mcneill William T $253,500 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thrower Lawrence $914,850
Previous Owner Mcneill William T $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $950,000 -2.6% $286 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $975,000 -- $294 / 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 $22,909 $82,404 $11,960 $70,444
2023 $18,365 $87,000 $11,960 $75,040
2022 $18,365 $60,293 $10,350 $49,943
2021 $18,127 $61,618 $10,350 $51,268
2020 $18,524 $64,062 $10,350 $53,712
2019 $17,025 $58,270 $9,430 $48,840
2018 $16,115 $58,270 $9,430 $48,840
2017 $18,652 $67,071 $9,430 $57,641
2016 $16,989 $55,309 $7,820 $47,489
2015 $16,650 $55,309 $7,820 $47,489
2014 $15,267 $55,309 $7,820 $47,489
2013 $15,190 $56,465 $7,820 $48,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11329571

Midwest Real Estate Data (MRED)

APN: 15-12-203-007-0000