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2522 Forest View Avenue

2522 Forest View Avenue, River Grove, IL 60171
Property in River Grove
Sold Aug 25, 2016
$105,000
$140,000 by Finance Of America Commercial
Mortgage Due Apr 08, 2051
2522 Forest View Avenue has been categorized by the local assessors in River Grove, IL as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2522 Forest View Avenue has 900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,060 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,350 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of E- by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2522 Forest View Avenue was last sold in Aug 11, 2016 for $105,000. According to our calculations, that's $116.67 per sqft. Current property owners are expected to pay $6,023 in taxes per year. The property on 2522 Forest View Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $19,001. To break that down further, the land itself was valued at $5,618. While improvements to the property were assessed at a total of $13,383. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: E-
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,350
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 500
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRESCHLER BROTHERS
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (DRESCHLER)(BROTHERS) SUB OF LTS1&2 IN PRESCHLERS SUB OF PT OF SW SEC 26-40-12

Ownership

  • Current Owner : ALLEN MICHAEL E
  • Previous Owner : WILD PAWLIK ANDREW R
  • Previous Owner 2: WILD ROSE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: River Grove School District 85-5
  • Census Tract: 811100

Geography

  • District: 20
  • Parcel: 12-26-320-023-0000
  • Block: 1
  • Lot: 1,2
  • Meridian: SEC 26 TWN 40N RNG 12E
  • Municipality: LEYDEN
  • Latitude: 41.9255
  • Longitude: -87.8375

    Address

  • Full Address: 2522 Forest View Ave
  • Address - House Number: 2522
  • Address - Street Name: Forest View
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Grove
  • Carrier Code: C002
  • 4-Digit Zip Code: 1602
  • Zip Code: 60171

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,023
  • Tax Rate Code Area: 20032

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 220,823
  • High Value: 243,150
  • Low Value: 198,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Apr 08, 2051

    Market Valuation

  • Market Total Value: $190,010
  • Market Land Value: $56,180
  • Market Improvement Value: $133,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,001
  • Assessed Land Value: $5,618
  • Assessed Improvements Value: $13,383

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Aug 25, 2016
  • Current Sale Transaction ID: 1788231104
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1623842009

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Frequently Asked Questions

What neighborhood is 2522 Forest View Avenue located in?
The 2522 Forest View Avenue is a located in the neighborhood of River Grove in River Grove, River Grove.
What is the average sales price for listings in 2522 Forest View Avenue?
The average sales price for units in 2522 Forest View Avenue is $0 currently.

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