When was property at 413 North Forest Avenue built and last sold?

The property at 413 North Forest Avenue was built in 1955 and last sold on Nov 12, 2021 for $245,000.

How much is this home worth?

The estimated value of the home located at 413 North Forest Avenue is $372,678.

What are some comparable homes to 413 North Forest Avenue?

There are currently no comparable homes to 413 North Forest Avenue.

Mount Prospect

60056

413 N Forest Avenue

$363,400

● House - Off Market

413 N Forest Avenue

Mount Prospect, IL 60056

3 Beds

1 Bath

1,040 Ft²

$2,414

Est. Monthly

7.62%

Cap Rate

About This Property

Gorgeous 3 Bedroom 1 Bath in the desired Mount Prospect area. Lovely ranch that features newer windows and Stainless-Steel appliances. Spectacular open concept kitchen and living room. Great location. Walking distance to Fairview Elementary and Prospect High School. A few blocks from Meadows pool/park and grocery shopping. Conveniently located about 1 mile from downtown Mount Prospect Metra station and other downtown amenities (library, restaurants and shopping). Come check out this wonderful gem before it is gone.

Unit Size

1,040 Ft²

Days on Market

Land Size

Price per sqft

$359

Property Type

House

Property Taxes

$579

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12136764)

Price History

Date / Event	Date	Event
Jan 10, 2025	Sold	Premium
Sold
Nov 14, 2024	In contract	-
In contract
Nov 7, 2024	Relisted	$373,500
Relisted
Oct 30, 2024	In contract	-
In contract
Oct 20, 2024	Relisted	$373,500
Relisted
Oct 8, 2024	In contract	-
In contract
Sep 3, 2024	Listed by ARNI Realty Incorporated	$373,500
Listed by ARNI Realty Incorporated
Nov 16, 2021	Sold	Premium
Sold
Sep 27, 2021	Listed by Jameson Sotheby's International Realty	$255,000
Listed by Jameson Sotheby's International Realty

	Prime location! 3 bedroom ranch with hardwood floors, oversized 2 car garage and large yard. Less than a block from Fairview Elementary School and highly ranked Prospect High School, just a few blocks to Meadows Pool, and one mile to downtown Mount Prospect/Metra. Property being sold As-Is.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Building Count: 1
Total Rooms: 5
Bedroom Count: 3
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: 100
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 0
Garage Type: 4
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,260

Total Building Area: 1,040
Gross Building Area: 1,040
Building Area: 1,040
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 24
Heated Square Feet: 1,040
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PROSPECT MANOR
Land Acres: 0000000167
Standard Land Use Code: 1001
County Land Use Code: 2-03
Legal Description 1: PART S3/4W2W2 S34 T42N R11E 3P

Neighborhood

School District Name: Township High School District 214

Census Tract: 802802

Geography

District: 38

Parcel: 03-34-124-005-0000
Block: 10
Lot: 24
Meridian: SEC 34 TWN 42N RNG 11E
Municipality: WHEELING
Latitude: 42.0746
Longitude: -87.9463

Address

Full Address: 413 N Forest Ave

Address - House Number: 413
Street Direction: N
Address - Street Name: Forest
Address - Suffix Type: Ave
State: IL
City Name: Mount Prospect
Carrier Code: C072
4-Digit Zip Code: 2039
Zip Code: 60056

Valuation

Tax

Tax Year: 2022

Tax Amount: $668,362
Tax Rate Code Area: 38020

Appraisal Valuation

Standard Deviation: 0.2283

Valuation Date: Mar 20, 2024
Confidence Score: 68
Final Value: 331,445
High Value: 407,128
Low Value: 255,763

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $250,000

Market Land Value: $72,600
Market Improvement Value: $177,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $25,000
Assessed Land Value: $7,260
Assessed Improvements Value: $17,740

Sales

Current Sale Contract Date: Nov 12, 2021

Current Sale Recording Date: Dec 09, 2021
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2134325056

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Mount Prospect

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

Average Home Size

1790 ft²

Average Home Age

56.1 years

Currently For Sale

81 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 11 W Prospect Avenue, Mount Prospect, IL, 60056

$3,180 /mo

2 Beds
1 Bath
968 ft²

11 W Prospect Avenue #220, Mount Prospect, IL, 60056 Listing by Lauren Evett

Unit for rent at 11 S Wille Street, Mount Prospect, IL, 60056

$2,800 /mo

2 Beds
2 Baths
1,200 ft²

11 S Wille Street #705, Mount Prospect, IL, 60056 Listing by Caroline Starr

Unit for rent at 736 N Wilshire Lane, Arlington Heights, IL, 60004

$3,000 /mo

3 Beds
1 Bath
1,341 ft²

736 N Wilshire Lane, Arlington Heights, IL, 60004 Listing by Angela Lim

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Wesley Lechowski, ARNI Realty Incorporated
Last Updated: 2 years ago
Data Source: MRED, MLS# 12136764

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.

413 N Forest Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Mount Prospect

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions