See Home Value
$726,115*
House - Off Market

7416 Oak Avenue

River Forest, IL 60305
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1733 Sqft
$652,000 - $796,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Sep 07, 2023
$626,000
$491,346 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2053

About This Property

MOTIVATED!!!  WOW!  Check out the price adjustment! It's perfectly priced for this home and this River Forest neighborhood! NEWLY VACANT, SO JUST MOVE-IN!!!      Incredible opportunity to own this 5th generation, vintage 4-bedroom 2 bathroom with its original Douglas Fir hardwood floors throughout, in River Forest. Home sits on large lot with HUGE side yard with 2 car garage and additional parking pad. Spend your summer days sitting on your front porch or enjoying your backyard. Home boasts many original and unique features throughout the home that gives it that River Forest charm. Plenty of closet space, living room and dining, updated bathrooms, and washer/dryer on the first floor. Lots of kitchen counterspace, eat in area as well as walk-in pantry. Off the kitchen has a quaint bonus room that could be used as a sitting area to read your books, office or quiet place to drink your tea or coffee in the morning All 4 bedrooms on the 2nd floor have ample space as well as closet space. Additional storage space in unfinished basement and attic.

The manager has listed the unit size as 1733 square feet.
Unit Size
1,733Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$418
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
1898

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold to Kristen M Lunde, William E ... $626,000
Sold to Kristen M Lunde, William E ...
Jun 3, 2023 No longer available -
No longer available
May 19, 2023 Price Decreased $724,900
↓ $24K (3.2%)
Price Decreased
Apr 22, 2023 Price Decreased $749,000
↓ $50K (6.3%)
Price Decreased
Mar 16, 2023 Price Decreased $799,000
↓ $30K (3.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 1,733
  • Gross Building Area: 1,733
  • Building Area: 1,733
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,733
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUICKS
  • Land Acres: 0.217
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LUNDE KRISTEN M
  • Current Owner 2: REYNOLDS WILLIAM E
  • Previous Owner : SOENS FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • District: 33
  • Parcel: 15-12-202-012-0000
  • Block: 18
  • Lot: 2
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8923
  • Longitude: -87.811

    Address

  • Full Address: 7416 Oak Ave
  • Address - House Number: 7416
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C015
  • 4-Digit Zip Code: 1908
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,213
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.102
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 90
  • Final Value: 780,941
  • High Value: 860,659
  • Low Value: 701,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,346
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 07, 2023
  • First Open Lien Mortgage Loan Amount: $491,346
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $502,080
  • Market Land Value: $106,310
  • Market Improvement Value: $395,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,208
  • Assessed Land Value: $10,631
  • Assessed Improvements Value: $39,577

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Transaction ID: 11912265253
  • Current Sale Price: $626,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 13132

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 07, 2023
  • First Mortgage Loan Amount: $491,346
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,672 ft²
$505/ft²
$844,900 Apr 8, 2019
-
$260/mo
House
3 Beds
3 Baths
2,028 ft²
$377/ft²
$765,000 Jul 28, 2021
-
$484/mo
House
3 Beds
3 Baths
2,312 ft²
$368/ft²
$850,000 Sep 13, 2021
-
$567/mo
House
2 Beds
2 Baths
1,405 ft²
$534/ft²
$749,900 Oct 29, 2021
-
$418/mo
House
2 Beds
2 Baths
2,972 ft²
$236/ft²
$700,000 Sep 24, 2020
-
$505/mo

About River Forest


Similar Homes for Sale


Nearby Rentals

Unit for rent at

$3,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,203 ft²
Listing by John Tronca


Frequently Asked Questions

When was property at 7416 Oak Avenue built and last sold?
The property at 7416 Oak Avenue was built in 1898 and last sold on Aug 14, 2023 for $626,000.
How much is this home worth?
The estimated value of the home located at 7416 Oak Avenue is $886,780.
What are some comparable homes to 7416 Oak Avenue?
Homes that are comparable to 7416 Oak Avenue include a house property at 7601 Lake Street, located in River Forest, IL.

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