4903 Forest Avenue

4903 Forest Avenue in Downers Grove, IL was first built in 1887 and is 137 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 4903 Forest Avenue has 1,736 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. 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, 4903 Forest Avenue was last sold in Jul 2, 2020 for $255,000. According to our calculations, that's $146.89 per sqft. Prior to that sales transaction, the property was sold for $235,000 in Jul 27, 2001. Current property owners are expected to pay $8,433 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 4903 Forest Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $124,030. To break that down further, the land itself was valued at $76,470. While improvements to the property were assessed at a total of $47,560. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.