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River Forest 60305 River Forest
1106 Forest Avenue
$650,000
● House - Off Market

1106 Forest Avenue

RIVER FOREST, IL 60305
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,395 Ft²
$1,256,419
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Charming, meticulously maintained Dutch Colonial.  Bright, spacious rooms with beautiful hardwood floors throughout.  Updated eat-in kitchen, central air and newer windows.  Deep, wooded lot with separate screened in "summer room".  Large finished lower level recreation room with full bath.  This home is immaculate and extremely well maintained.  Beautiful location in north west River Forest.
Unit Size
2,395 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
House
Property Taxes
$1,315
HOA Dues
-
Year Built
1922

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,950
  • Total Building Area: 2,395
  • Gross Building Area: 2,395
  • Building Area: 2,395
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,395
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLK 08 IN SNOW & DICKINS
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: LOT 11 IN SUB OF BLK 8 IN SNOW & DI CKINSONS ADD TO RIVER FOREST W2 SW 4 OF SEC01+ T39N R12E 3P

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 811900

Geography

  • District: 33
  • Parcel: 15-01-301-021-0000
  • Block: 8
  • Lot: 11
  • Meridian: SEC 01 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8997
  • Longitude: -87.8224

    Address

  • Full Address: 1106 Forest Ave
  • Address - House Number: 1106
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C005
  • 4-Digit Zip Code: 1356
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,939,855
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 806,561
  • High Value: 991,090
  • Low Value: 622,033

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $131,400
  • Market Improvement Value: $668,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $13,140
  • Assessed Improvements Value: $66,860

    Sales

  • Current Sale Contract Date: Apr 07, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 69
  • Current Sale Input Document Number: 1510419094

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About River Forest

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1681 ft²

Average Home Age

68.9 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 950 Washington Boulevard, Oak Park, IL, 60302

$3,345 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
950 Washington Boulevard #109, Oak Park, IL, 60302 Listing by Terrell Shell

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Iwersen, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD08829531
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1106 Forest Avenue built and last sold?
The property at 1106 Forest Avenue was built in 1922 and last sold on Apr 7, 2015 for $650,000.
How much is this home worth?
The estimated value of the home located at 1106 Forest Avenue is $0.
What are some comparable homes to 1106 Forest Avenue?
There are currently no comparable homes to 1106 Forest Avenue.
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