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North Riverside 60546
2419 Forest Avenue
$455,000
● House - Off Market

2419 Forest Avenue

North Riverside, IL 60546
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,176 Ft²
$2,886
Est. Monthly
4.36%
Cap Rate

About This Property

Enjoy this incredibly beautifully updated North Riverside home! Featuring an open concept kitchen with new SS appliances, quartz countertops, new cabinets & a perfectly placed kitchen island ... the list goes on and on! Three bedrooms & two full bathrooms with custom tile and tub/shower areas. New flooring throughout! Freshly painted! Brand NEW windows, Newer HVAC & AC! Detached 2 car garage. Fenced in yard! Conveniently located at the end of a cul-de-sac street with pond views from your windows! Adjacent to Commons Park that features walking paths, gazebos & a recreation center! Make an appointment to view today!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$404
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (MRED MLS #12256733)

Price History

Date / Event Date Event Price
Feb 24, 2025 Sold
Premium
Sold
Jan 14, 2025 In contract -
In contract
Dec 15, 2024 Listed by Findlay Real Estate Group Inc $475,000
Listed by Findlay Real Estate Group Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • 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: 3,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCINTOSHS 26TH
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: ARTHUR T (MCINTOSHS) (26TH) STREET ADD A SUB OF W50AC S, EX PT CONVEYED TO C.M.&N.O.R. RR CO &EX S30FT S60ACS, OF NW SEC 25-3

Neighborhood

  • School District Name: Riverside Brookfield Township School District 208
  • Census Tract: 815600

Geography

  • District: 34
  • Parcel: 15-25-119-001-0000
  • Block: 5
  • Lot: 18
  • Meridian: SEC 25 TWN 39N RNG 12E
  • Municipality: RIVERSIDE
  • Latitude: 41.8455
  • Longitude: -87.8203

    Address

  • Full Address: 2419 Forest Ave
  • Address - House Number: 2419
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Riverside
  • Carrier Code: C011
  • 4-Digit Zip Code: 1523
  • Zip Code: 60546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $663,304
  • Tax Rate Code Area: 34003

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 339,749
  • High Value: 417,327
  • Low Value: 262,170

    Market Valuation

  • Market Total Value: $330,000
  • Market Land Value: $37,500
  • Market Improvement Value: $292,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,000
  • Assessed Land Value: $3,750
  • Assessed Improvements Value: $29,250

    Sales

  • Current Sale Contract Date: May 25, 1994
  • Current Sale Recording Date: Jun 10, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 94516622
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 North Riverside

Stats & Trends

Median Asking:

$377,000

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1260 ft²

Average Home Age

76.1 years

Currently For Sale

8 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 833 Elgin Avenue, Forest Park, IL, 60130

$2,320 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
833 Elgin Avenue #2, Forest Park, IL, 60130 Listing by Michael Nowicki
Unit for rent at 3122 Oak Park Avenue, Berwyn, IL, 60402

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
3122 Oak Park Avenue #1, Berwyn, IL, 60402 Listing by Agustin Lozano

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Findlay, Findlay Real Estate Group Inc
Last Updated: 2 years ago
Data Source: MRED, MLS# 12256733
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 2419 Forest Avenue built and last sold?
The property at 2419 Forest Avenue was built in 1976 and last sold on May 25, 1994 for $175,000.
How much is this home worth?
The estimated value of the home located at 2419 Forest Avenue is $0.
What are some comparable homes to 2419 Forest Avenue?
There are currently no comparable homes to 2419 Forest Avenue.
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