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River Forest 60305 River Forest
238 Ashland Avenue
$545,000
● House - Off Market

238 Ashland Avenue

RIVER FOREST, IL 60305
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$974,393
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Awesome  5 bdr, 3 bath, expanded Bungalow.  Open kitchen/dining with addl expansion possibilities.  Rear atrium stairs leading to 2nd flr provides light and contemporary flair. Vaulted master suite w/full bath.  Two addl bdrm & bath upstairs.  Separate 330 sq ft home office attached to garage with heat & c/a.  Sensational, ever blooming yard w/fountain & 2 patios featured on the RF garden walk. Walk to train.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$250
Property Type
House
Property Taxes
$788
HOA Dues
-
Year Built
1912

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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
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1912
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,832
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,484
  • Gross Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDS SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: HENRY (FIELDS) SUB OF EH OF SW EH SW SEC 12-39-12

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 812000

Geography

  • District: 33
  • Parcel: 15-12-309-014-0000
  • Block: 4
  • Lot: 2
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8845
  • Longitude: -87.8166

    Address

  • Full Address: 238 Ashland Ave
  • Address - House Number: 238
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C013
  • 4-Digit Zip Code: 2108
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,038,771
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 496,678
  • High Value: 610,090
  • Low Value: 383,267

    Market Valuation

  • Market Total Value: $530,000
  • Market Land Value: $84,190
  • Market Improvement Value: $445,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,000
  • Assessed Land Value: $8,419
  • Assessed Improvements Value: $44,581

    Sales

  • Current Sale Contract Date: Aug 02, 2023
  • Current Sale Recording Date: Aug 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55152
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Contract Date: May 08, 2018
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: 27
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:

$557,500

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1442 ft²

Average Home Age

69.7 years

Currently For Sale

26 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 835 Lake Street, Oak Park, IL, 60301

$3,595 /mo

  • 2 Beds
  • 2 Baths
  • 1,220 ft²
835 Lake Street #604, Oak Park, IL, 60301 Listing by Riley Mockler
Unit for rent at 1912 S 4th Avenue, Maywood, IL, 60153

$3,390 /mo

  • 3 Beds
  • 3 Baths
  • 2,300 ft²
1912 S 4th Avenue, Maywood, IL, 60153 Listing by Antuanela Coca

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# MRD08967400
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 238 Ashland Avenue built and last sold?
The property at 238 Ashland Avenue was built in 1912 and last sold on Aug 2, 2023 for $860,000.
How much is this home worth?
The estimated value of the home located at 238 Ashland Avenue is $833,250.
What are some comparable homes to 238 Ashland Avenue?
There are currently no comparable homes to 238 Ashland Avenue.
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