NOT LISTED FOR SALE

7980 Chicago Ave River Forest, IL 60305

Estimated Value: $1,604,000 - $2,164,000

4 Beds
6 Baths
5,915 Sq Ft
$307/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2024

Last sale price $1,250,000 $211 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,642 / mo

3 Days on Market

Highlights

  • Heated Floors
  • 0.5 Acre Lot
  • Family Room with Fireplace
  • Willard Elementary School Rated A
  • Colonial Architecture
  • Recreation Room

About This Home

As of January 2024

This River Forest corner property offers an oversized lot with an estate-like atmosphere. The brick and stone colonial architecture, along with a blend of beautiful vintage and modern finishes and details, create a truly unique and timeless residence. Step into inviting foyer and truly such bright living space. With 4 bedrooms plus an additional lower-level bedroom or large office, along with 3 full and 3 half baths, this home provides ample space for comfortable living. The mature landscaping surrounding the property adds to its curb appeal and provides a sense of privacy and natural beauty. The spacious eat-in kitchen is a chef's dream, boasting a huge island, high-end Sub-Zero and Wolf appliances, a walk-in pantry, and custom cabinetry. The interior layout is designed for both elegance and functionality, with formal living and sitting areas, a formal dining room, a true breakfast room, and a stunning family room. Two gas fireplaces add a cozy and inviting ambiance. The second level of the home features 4 bedrooms, including a primary suite, where you can retreat and unwind in luxurious comfort. For practical living, there's a huge mudroom with built-in cubbies, ensuring organization and convenience. The lower level of the home is fully finished and offers a recreational room, a workout room, an additional bedroom or office, and additional living space. The property includes a 3-car garage, providing ample storage space. Outside, you'll find a large paved patio, perfect for outdoor gatherings and relaxation. The walk-to-town location means you're just a short stroll away from all the amenities that River Forest has to offer, and being only 1 block from the train makes commuting a breeze. Additionally, award-winning schools in the area provide an excellent education for your family. Notably, this home offers newly reduced taxes, making it an even more attractive opportunity for those seeking a sophisticated and spacious residence in River Forest.

Last Agent to Sell the Property

Elizabeth August

@properties Christie's International Real Estate License #475135225 Listed on: 10/17/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Joseph Perez

Berkshire Hathaway HomeServices Chicago License #471016803

Berkshire Hathaway HomeServices Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,038

Year Built

  • Built in 1925 | Remodeled in 2010

Lot Details

  • 21,924 Sq Ft Lot
  • Lot Dimensions are 95 x 229

Parking

  • 3 Car Detached Garage
  • Side Driveway
  • Parking Space is Owned

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Historic or Period Millwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Home Gym

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Home Security

  • Home Security System
  • Storm Screens

Outdoor Features

  • Brick Porch or Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • SpacePak Central Air
  • Radiator
  • Heating System Uses Steam
  • Power Generator

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,038

Year Built

Built in 1925 | Remodeled in 2010

Lot Details

0.5 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1925
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone (Partial)
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Interior Amenities: Hardwood Floors, Heated Floors, Built-in Features, Walk-In Closet(s), Special Millwork
  • Other Equipment: Security System, Ceiling Fan(s), Sump Pump, Generator
  • Room Type: Breakfast Room, Foyer, Recreation Room, Office, Exercise Room, Storage, Sitting Room, Mud Room, Pantry
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Family Room,Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens
  • Roof: Slate
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Driveway: Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Space Pac, Zoned
  • Heating: Steam, Radiator(s), Zoned
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.5033
  • Lot Dimensions: 95 X 229
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 36037.74
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Omalley Daniel P and Omalley Kathryn Ward
Bought by
Neri Jorge
Current Estimated Value
$1,817,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Dwyer Barbara C
Bought by
Omalley Daniel P and Omalley Kathryn Ward O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.22%
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
Neri Jorge $1,250,000 Chicago Title
Omalley Daniel P $1,040,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neri Jorge $350,000
Previous Owner Neri Jorge $750,000
Previous Owner Omalley Daniel P $380,000
Closed Omalley Daniel P $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $1,250,000 -7.4% $211 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $1,350,000 -- $228 / Sq Ft
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 $36,871 $138,000 $26,308 $111,692
2024 $36,871 $138,000 $26,308 $111,692
2023 $36,038 $138,000 $26,308 $111,692
2022 $36,038 $115,019 $23,019 $92,000
2021 $44,102 $145,143 $23,019 $122,124
2020 $43,162 $145,143 $23,019 $122,124
2019 $47,634 $156,871 $20,826 $136,045
2018 $45,092 $156,871 $20,826 $136,045
2017 $46,068 $160,692 $20,826 $139,866
2016 $35,859 $113,966 $17,538 $96,428
2015 $35,894 $116,200 $17,538 $98,662
2014 $35,154 $124,008 $17,538 $106,470
2013 $28,314 $102,978 $17,538 $85,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910975

Midwest Real Estate Data (MRED)

APN: 15-02-405-010-0000

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