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  • $750,000

    240 Forest Ave, River Forest, IL 60305

    7beds
    --sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $1,020,800 Zestimate®
    $--/sqft
    $2,304 Estimated rent

    Home value

    $1,020,800

    $898,000 - $1.15M

    $2,304/mo

    Zestimate® history
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    What's special

    Charming and spacious Victorian 2-flat on an expansive double lot in a quiet cul-de-sac street. This magnificent property is located on a corner lot and features high ceilings and charming bay windows bringing in incredible natural light along with beautiful original woodwork throughout. The first floor offers 3 bedrooms, 2 baths, and the potential to duplex down to the unfinished basement. It also includes a lovely enclosed rear porch. The top-floor duplex boasts 5 bedrooms, an office, and 2 baths, with each unit offering separate living and dining rooms. Both kitchens include stainless steel appliances, complemented by stunning maple hardwood floors. Additional features include central heat/air, two laundry sets in the basement for convenience, a 2-car garage plus an extra parking pad, and a lovely side lot with endless possibilities. Some updates could be done to truly add massive value to this property, making it perfect for an investor, owner-occupant, or a single-family conversion. PRIME LOCATION- close to parks, schools, Metra, and downtown. A rare opportunity with incredible potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melanie Giglio 773-466-7150,

    Compass

    Bought with:

    Amber Kardosh, ABR,SRS

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12206002MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Enclosed Porch, Library, Sitting Room, Sun Room
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Off Street, Side Apron, Owned, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Porch
    • Fencing: Fenced
    Lot
    • Dimensions: 134X63X133X62
    Details
    • Parcel number: 15123070070000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Multi Family
    Materials
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: River Forest

    Financial & listing details

    • Tax assessed value: $770,010
    • Annual tax amount: $20,171
    • Date on market: 1/31/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/31/2025Sold$750,000
    Source: MRED as distributed by MLS GRID #12206002 Report a problem
    4/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/21/2024Listed for rent$3,695
    Source: Zillow Rentals Report a problem
    5/8/2015Listing removed$750,000
    Source: Gloor Realty Company #08890774 Report a problem
    4/14/2015Listed for sale$750,000
    Source: Gloor Realty Company #08890774 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $77,001 +0%
    2023$20,172 +50.6%$76,999 +71.5%
    2022$13,393 +3.6%$44,893
    2021$12,926 +1.8%$44,893
    2020$12,699 -31.7%$44,893 -29.1%
    2019$18,598 +5.6%$63,338
    2018$17,605 +0.3%$63,338
    2017$17,559 +12.9%$63,338 +24.6%
    2016$15,550 +2.1%$50,834
    2015$15,236 +9%$50,834
    2014$13,972 -2.2%$50,834 -4.6%
    2013$14,293 -1.9%$53,285
    2012$14,566 +1.5%$53,285
    2011$14,356 +8.6%$53,285 -8.2%
    2010$13,215 +3.3%$58,046
    2009$12,793 +7.1%$58,046 -5%
    2008$11,942 +3.6%$61,103 +12.9%
    2007$11,529 +6.8%$54,111
    2006$10,798 +4.7%$54,111
    2005$10,313 +20.7%$54,111 +37.7%
    2004$8,541 +4.4%$39,310
    2003$8,180 +4.1%$39,310
    2002$7,860 +34.7%$39,310 +50.9%
    2001$5,836 -6.8%$26,058
    2000$6,259 -1.8%$26,058
    1999$6,374 $26,058
    Find assessor info on the county website

    Neighborhood: 60305

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln Elementary School
    • Middle: Roosevelt School
    • High: Oak Park & River Forest High Sch
    • District: 90

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,020,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,020,800