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River Forest 60305 River Forest
562 Keystone Avenue
$820,000
● House - Off Market

562 Keystone Avenue

RIVER FOREST, IL 60305
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
2,800 Ft²
$1,433,592
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

New Price!!! Frank Lloyd Wright's Ingalls House (1909). Prairie Style home in unique "park-like" setting on "Street of Dreams". 4BR, screened front porch, many living areas, sympathetic addition flows from expanded kitchen to new family room & deck. Original sconce lites, art glass windows, built-in cabinetry,oak floors/trim. 269 ft. deep lot. 3-car Recently redone detached garage. A most livable home. Add'l info in docs. Agent related to seller
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$321
Property Type
House
Property Taxes
$1,571
HOA Dues
-
Year Built
1915

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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.

Last updated: 3 years ago (MRED MLS #09607498)

Price History

Date / Event Date Event Price
Aug 23, 2017 Sold
Premium
Sold
Apr 26, 2017 Listed by Jameson Sotheby's Int'l Realty $899,000
Listed by Jameson Sotheby's Int'l Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,650
  • Total Building Area: 2,743
  • Gross Building Area: 2,743
  • Building Area: 2,743
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,743
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOWLER BRUNER & BODINS
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: POR OF BLKS 18 19 & 34 IN FOWLER BR UNER & BODINS SUB NE4 OF SEC11+ T3 9N R12E 3P

Neighborhood

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

Geography

  • District: 33
  • Parcel: 15-12-106-006-0000
  • Block: 18
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8904
  • Longitude: -87.8241

    Address

  • Full Address: 562 Keystone Ave
  • Address - House Number: 562
  • Address - Street Name: Keystone
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C012
  • 4-Digit Zip Code: 1612
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,058,169
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 842,280
  • High Value: 1,034,607
  • Low Value: 649,954

    Market Valuation

  • Market Total Value: $900,000
  • Market Land Value: $151,800
  • Market Improvement Value: $748,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $15,180
  • Assessed Improvements Value: $74,820
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:

$550,000

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1407 ft²

Average Home Age

74.6 years

Currently For Sale

25 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Jameson Sotheby's Int'l Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09607498
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 562 Keystone Avenue built and last sold?
The property at 562 Keystone Avenue was built in 1915 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 562 Keystone Avenue is $0.
What are some comparable homes to 562 Keystone Avenue?
There are currently no comparable homes to 562 Keystone Avenue.
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