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  • $1,040,000

    316 Franklin Ave, River Forest, IL 60305

    5beds
    3,000sqft
    Single Family Residence
    Built in 1923
    8,010 Square Feet Lot
    $1,103,200 Zestimate®
    $347/sqft
    $5,570 Estimated rent

    Home value

    $1,103,200

    $982,000 - $1.24M

    $5,570/mo

    Zestimate® history
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    What's special

    Private guest suiteFully finished basementPrimary suiteFreshly renovated ensuite bathDedicated officeHuge family roomFamily room
    Spacious & Thoughtfully Designed Home in the Heart of River Forest! Tucked away on a picturesque block, this stunning home offers space, style, and modern conveniences-everything you've been searching for! The welcoming front porch sets the stage for relaxed outdoor gatherings, while the gracious foyer provides abundant storage and a warm entry into this beautifully appointed residence. The cozy living room, bathed in natural light, flows seamlessly into the sunny dining room, creating an inviting setting for entertaining. The updated kitchen is a chef's delight, featuring bar seating, an abundance of cabinets, a high-end appliance package, and stylish backsplash tile. The open-concept casual dining area and family room offer the perfect space for everyday living and celebrations alike. This level also includes a private guest suite with a full bathroom and a dedicated office, ideal for remote work or quiet study. Upstairs, the primary suite is a true retreat, boasting a freshly renovated ensuite bath with double sinks, and marble tile, plus two walk-in closets. Two additional spacious bedrooms offer ample closet space and natural light. The fully finished basement provides even more versatility with a huge family room, craft/art area, laundry room, extra storage, and a half bath. Step outside to the professionally landscaped yard, complete with a patio for al fresco dining and entertaining. The 2-car garage with two EV charging stations, plus an additional parking space, adds convenience and efficiency. This home is equipped with heat pumps, solar panels and smart home technologies, bringing energy efficiency and modern living to the next level! Perfectly situated just steps from Lincoln Elementary, parks, shops, the CTA Green Line, and Metra, this is an incredible opportunity to enjoy the best of River Forest living. Move right in and start making memories-schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Maychruk 708-205-7044,

    Laura Maychruk Real Estate

    Bought with:

    Derek Janu-Chossek

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12342597MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom 5, Eating Area, Recreation Room, Foyer, Utility Room-Lower Level
    Primary bedroom
    • Features: Flooring (Carpet), Bathroom (Full)
    • Level: Second
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Bedroom 2
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 168 Square Feet
    • Dimensions: 12X14
    Bedroom 3
    • Features: Flooring (Carpet)
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Bedroom 4
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 5
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Dining room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Eating area
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Family room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20X15
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 8X10
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 48 Square Feet
    • Dimensions: 6X8
    Kitchen
    • Features: Kitchen (Eating Area-Breakfast Bar), Flooring (Hardwood)
    • Level: Main
    • Area: 240 Square Feet
    • Dimensions: 20X12
    Laundry
    • Features: Flooring (Other)
    • Level: Basement
    • Area: 100 Square Feet
    • Dimensions: 10X10
    Living room
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Recreation room
    • Features: Flooring (Ceramic Tile)
    • Level: Basement
    • Area: 1200 Square Feet
    • Dimensions: 30X40
    Other
    • Features: Flooring (Other)
    • Level: Basement
    • Area: 180 Square Feet
    • Dimensions: 12X15
    Heating
    • Natural Gas, Forced Air, Heat Pump
    Cooling
    • Central Air
    Features
    • Basement: Finished,Full
    Interior area
    • Total structure area: 0
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 1.5
    Lot
    • Size: 8,010 Square Feet
    • Dimensions: 45 X 180
    Details
    • Parcel number: 15123030210000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1923
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Services included: None
    Location
    • Region: River Forest

    Financial & listing details

    • Price per square foot: $347/sqft
    • Tax assessed value: $653,870
    • Annual tax amount: $16,992
    • Date on market: 4/25/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/3/2025Sold$1,040,000+4.5%$347/sqft
    Source: MRED as distributed by MLS GRID #12342597 Report a problem
    4/28/2025Contingent$995,000$332/sqft
    Source: MRED as distributed by MLS GRID #12342597 Report a problem
    4/25/2025Listed for sale$995,000+35%$332/sqft
    Source: MRED as distributed by MLS GRID #12342597 Report a problem
    2/14/2018Sold$737,000-7.8%$246/sqft
    Source: Public Record Report a problem
    12/30/2017Pending sale$799,000$266/sqft
    Source: Gullo & Associates #09823359 Report a problem
    12/30/2017Listed for sale$799,000+94.9%$266/sqft
    Source: Gullo & Associates #09823359 Report a problem
    6/10/2002Sold$410,000$137/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $65,387 +0%
    2023$16,992 +9.3%$65,386 +26.8%
    2022$15,542 +3.6%$51,549
    2021$14,995 +1.9%$51,549
    2020$14,721 -11.2%$51,549 -9.3%
    2019$16,584 +5.6%$56,852
    2018$15,698 +0.2%$56,852
    2017$15,660 +8.2%$56,852 +19.7%
    2016$14,470 +2.1%$47,476
    2015$14,175 +9%$47,476
    2014$13,000 -7.1%$47,476 -9.1%
    2013$13,989 -1.9%$52,208
    2012$14,257 +1.4%$52,208
    2011$14,055 +5.5%$52,208 -10.7%
    2010$13,317 +3.3%$58,449
    2009$12,895 +7.1%$58,449 -5%
    2008$12,043 +7.9%$61,526 +17%
    2007$11,159 +6.8%$52,602
    2006$10,449 +4.7%$52,602
    2005$9,981 +8.1%$52,602 +24.2%
    2004$9,233 +4.4%$42,336
    2003$8,841 +4.1%$42,336
    2002$8,495 +32.1%$42,336 +48.6%
    2001$6,428 +1%$28,499
    2000$6,365 -17.1%$28,499
    1999$7,677 $28,499
    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
    $1,103,200
    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
    $1,103,200