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Riverside 60546
124 Forest Avenue
$415,000
● House - Off Market

124 Forest Avenue

Riverside, IL 60546
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,418 Ft²
$2,646
Est. Monthly

About This Property

Welcome home! This fresh and charming three-bedroom, 1.5-bath Victorian beautifully blends timeless character with modern convenience in the heart of historic downtown Riverside. Sun-filled living and dining rooms with hardwood floors, while the spacious kitchen features stainless steel appliances and a walk-in pantry-perfect for everyday living and entertaining. Ten-inch baseboards and restored original wood windows add warmth and authentic historic appeal throughout. Enjoy relaxing on the rear porch overlooking the fenced yard, plus the convenience of a driveway with two exterior parking spaces. Just steps to downtown Riverside shopping and dining, Riverside Elementary and Junior High Schools, Riverside Brookfield High School, the Metra train to downtown Chicago, with Brookfield Zoo and forest preserves nearby-this is a wonderful opportunity to make Riverside home.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$281
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
1886

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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

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 63
  • 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: 7
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,418
  • Gross Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEEBES CENTRAL RIVERSIDE
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-05
  • Legal Description 1: L2 B2 BEEBES CENTRAL RIVERSIDE SUBD S20AC NE1/4 S35 T39N R12E

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815702

Geography

  • District: 34
  • Parcel: 15-35-204-017-0000
  • Block: 2
  • Lot: 2
  • Meridian: SEC 35 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8284
  • Longitude: -87.8249

    Address

  • Full Address: 124 Forest Ave
  • Address - House Number: 124
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Riverside
  • Carrier Code: C001
  • 4-Digit Zip Code: 1908
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $653,674
  • Tax Rate Code Area: 34006

    Appraisal Valuation

  • Standard Deviation: 0.2642
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 409,825
  • High Value: 518,119
  • Low Value: 301,530

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $51,250
  • Market Improvement Value: $228,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $5,125
  • Assessed Improvements Value: $22,875

    Sales

  • Current Sale Contract Date: Aug 26, 2014
  • Current Sale Recording Date: Sep 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1427241194

    Financing

  • First Mortgage Financing Type: FIX
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 Riverside

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2410 ft²

Average Home Age

83.5 years

Currently For Sale

10 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 4508 Park Avenue, Brookfield, IL, 60513

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 925 ft²
4508 Park Avenue #3C, Brookfield, IL, 60513 Listing by Coya Smith
Unit for rent at 8836 Ogden Avenue, Brookfield, IL, 60513

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,800 ft²
8836 Ogden Avenue #1, Brookfield, IL, 60513 Listing by Janny Arenas
Unit for rent at 4512 Grove Avenue, Brookfield, IL, 60513

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
4512 Grove Avenue #2N, Brookfield, IL, 60513 Listing by Kierra Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sheila Gentile, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12601601
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 124 Forest Avenue built and last sold?
The property at 124 Forest Avenue was built in 1886 and last sold on Aug 26, 2014 for $260,000.
How much is this home worth?
The estimated value of the home located at 124 Forest Avenue is $0.
What are some comparable homes to 124 Forest Avenue?
There are currently no comparable homes to 124 Forest Avenue.
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