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River Forest 60305 River Forest
615 Thatcher Avenue
$950,000
● House - Off Market

615 Thatcher Avenue

RIVER FOREST, IL 60305
bedrooms
5 Beds
bathrooms
4 Baths
$1,884,621
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

The hist Yalding House, built in 1869, epitomizes the Amer Gothic style. This one of a kind Victorian has been painstakingly restored to it's orig grandeur incl cust millwork, tall ceilings, pointed windows which parallel the roof.  Huge gourmet kit with high end appl and cust cabinetry.  Cust built-ins in 1st for fam rm which overlooks beautifully terraced yd.  Incredible mst suite w/huge wk-in closet. Wlk to train.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$2,251
HOA Dues
-
Year Built
1869

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1869
  • Effective Year Built: 1869
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 16,675
  • Total Building Area: 3,820
  • Gross Building Area: 3,820
  • Building Area: 3,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOWLER BRUNER & BODINES
  • Land Acres: 0000000383
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (FOWLER) (BRUNER) & (BODINES) SUB OF SEC12 & SEC 11-39-12

Neighborhood

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

Geography

  • District: 33
  • Parcel: 15-11-209-005-0000
  • Lot: 33
  • Meridian: SEC 11 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.891
  • Longitude: -87.8251

    Address

  • Full Address: 615 Thatcher Ave
  • Address - House Number: 615
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C012
  • 4-Digit Zip Code: 1626
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,588,318
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2628
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 1,329,933
  • High Value: 1,679,453
  • Low Value: 980,414

    Market Valuation

  • Market Total Value: $1,100,000
  • Market Land Value: $200,100
  • Market Improvement Value: $899,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $20,010
  • Assessed Improvements Value: $89,990

    Sales

  • Current Sale Contract Date: Mar 10, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2111201363
  • Previous Sale Recording Date: Apr 04, 2014
  • Previous Sale Contract Date: Mar 04, 2014
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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:

$617,000

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1635 ft²

Average Home Age

66.2 years

Currently For Sale

30 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 1610 S 4th Avenue, Maywood, IL, 60153

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,754 ft²
1610 S 4th Avenue, Maywood, IL, 60153 Listing by Erik Corral

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Anthony Iwersen, Berkshire Hathaway HomeServices Chicago
Data Source: MRED, MLS# MRD08388103
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 615 Thatcher Avenue built and last sold?
The property at 615 Thatcher Avenue was built in 1869 and last sold on Mar 10, 2021 for $1,140,000.
How much is this home worth?
The estimated value of the home located at 615 Thatcher Avenue is $0.
What are some comparable homes to 615 Thatcher Avenue?
There are currently no comparable homes to 615 Thatcher Avenue.
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