Investor-Friendly 2 Bed / 1 Bath in River Forest - Steps from Downtown Oak Park! Great opportunity to own a spacious first-floor 1 bedroom / 1 bath unit in highly sought-after River Forest - just minutes from vibrant downtown Oak Park! This unit features a large master suite, an open living/dining room combo, and a bright eat-in kitchen. Located in an investor-friendly building, it's perfect for a rental property, flip, or personal renovation project. Needs some TLC - priced with potential in mind Laundry in the building Parking included Close to shopping, schools, library, medical facilities, restaurants, coffee shops, and public transit This is a rare chance to get into a desirable area with tons of upside. Bring your ideas and make it your own! Sold as-is. Don't miss out - schedule your tour today!
Closed
$165,000
406 Franklin Ave APT 1A, River Forest, IL 60305
2beds
1,199sqft
Condominium, Single Family Residence
Built in ----
-- sqft lot
$173,500 Zestimate®
$138/sqft
$2,168 Estimated rent
Home value
$173,500
$156,000 - $193,000
$2,168/mo
Zestimate® history
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List your homeWhat's special
Spacious first-floorBright eat-in kitchenLarge master suite
Zillow last checked:
Listing updated:
Listed by:
Kimberley Johnson 216-322-0633,
Keller Williams Rlty Partners
Bought with:
Raza Hussain
City Habitat Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: 12442005
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14X12
Bedroom 2
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14X10
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12X8
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Vinyl)
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Living room
- Features: Flooring (Carpet), Window Treatments (Blinds, Screens, Storm Window(s))
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12X14
Heating
- Natural Gas
Cooling
- Window Unit(s)
Features
- Basement: None
Interior area
- Total structure area: 0
- Total interior livable area: 1,199 sqft
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, On Site
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 15121150181001
- Special conditions: Home Warranty
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Brick
Condition
- New construction: No
Details
- Warranty included: Yes
Utilities & green energy
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Coin Laundry, Storage, Park, Laundry, Public Bus, School Bus
- Services included: Heat, Water, Gas, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- HOA fee: $460 monthly
Location
- Region: River Forest
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $143,770
- Annual tax amount: $2,302
- Date on market: 8/29/2025
- Listing terms: Conventional
- Ownership: Condo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Sold | $165,000$138/sqft |
Source:  MRED as distributed by MLS GRID #12442005 Report a problem | ||
| 8/29/2025 | Pending sale | $165,000$138/sqft |
Source: MRED as distributed by MLS GRID #12442005 Report a problem | ||
| 8/29/2025 | Listed for sale | $165,000$138/sqft |
Source: MRED as distributed by MLS GRID #12442005 Report a problem | ||
| 8/14/2025 | Listing removed | $165,000$138/sqft |
Source: MRED as distributed by MLS GRID #12442005 Report a problem | ||
| 8/10/2025 | Listed for sale | $165,000+33.1%$138/sqft |
Source: MRED as distributed by MLS GRID #12442005 Report a problem | ||
| 3/16/2016 | Sold | $124,000-8.8%$103/sqft |
Source: MRED as distributed by MLS GRID #09011943 Report a problem | ||
| 2/29/2016 | Pending sale | $135,900$113/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 1/19/2016 | Price change | $135,900+8.7%$113/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 1/11/2016 | Pending sale | $125,000$104/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 1/11/2016 | Price change | $125,000-8%$104/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 10/26/2015 | Price change | $135,900-2.6%$113/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 8/15/2015 | Price change | $139,500-3.1%$116/sqft |
Source: Gagliardo Realty Associates LLC #09011943 Report a problem | ||
| 5/22/2015 | Price change | $144,000-3.9%$120/sqft |
Source: Gagliardo Realty Associates LLC #08838218 Report a problem | ||
| 4/13/2015 | Price change | $149,900-3.2%$125/sqft |
Source: Gagliardo Realty Associates LLC #08838218 Report a problem | ||
| 3/7/2015 | Price change | $154,900-6.1%$129/sqft |
Source: Gagliardo Realty Associates LLC #08838218 Report a problem | ||
| 2/14/2015 | Listed for sale | $165,000+67.5%$138/sqft |
Source: Gagliardo Realty Associates LLC #08838218 Report a problem | ||
| 12/22/1998 | Sold | $98,500$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,406 +4.5% | $14,377 +0% |
| 2023 | $2,302 -8.4% | $14,376 +3.1% |
| 2022 | $2,513 +1.7% | $13,939 |
| 2021 | $2,471 -2.7% | $13,939 |
| 2020 | $2,539 -0.1% | $13,939 -2.9% |
| 2019 | $2,542 -26.5% | $14,361 -20% |
| 2018 | $3,459 -34.2% | $17,953 |
| 2017 | $5,257 +16.8% | $17,953 +28.3% |
| 2016 | $4,501 +50% | $13,993 |
| 2015 | $3,001 +8.1% | $13,993 |
| 2014 | $2,776 +12.9% | $13,993 +5.8% |
| 2013 | $2,459 -20.1% | $13,222 |
| 2012 | $3,076 -1.9% | $13,222 |
| 2011 | $3,137 +3.5% | $13,222 -11.1% |
| 2010 | $3,032 +9.3% | $14,875 -10% |
| 2009 | $2,774 +0.7% | $16,528 -5% |
| 2008 | $2,755 -0.4% | $17,398 +26.5% |
| 2007 | $2,767 +8% | $13,754 |
| 2006 | $2,563 +13.2% | $13,754 |
| 2005 | $2,264 -2.7% | $13,754 +13.4% |
| 2004 | $2,327 +3.6% | $12,124 |
| 2003 | $2,247 +20.8% | $12,124 +25.2% |
| 2001 | $1,861 +0.8% | $9,687 |
| 2000 | $1,847 -5.8% | $9,687 |
| 1999 | $1,960 | $9,687 |
Find assessor info on the county website
Neighborhood: 60305
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Nearby schools
GreatSchools rating
- 10/10Lincoln Elementary SchoolGrades: PK-4Distance: 0.1 mi
- 9/10Roosevelt SchoolGrades: 5-8Distance: 0.4 mi
- 10/10Oak Park & River Forest High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- 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
$173,500
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Estimated market value
$173,500
- Illinois
- Cook County
- River Forest
- 60305
- 406 Franklin Ave Apartment 1A
Nearby cities
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