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 $0.

What are some comparable homes to 7416 Oak Avenue?

There are currently no comparable homes to 7416 Oak Avenue.

River Forest

60305

River Forest

7416 Oak Avenue

$626,000

● House - Off Market

7416 Oak Avenue

River Forest, IL 60305

4 Beds

2 Baths

1,733 Ft²

$666,148

RealtyHop Estimate

-0.56%

Since Sep 1, 2023

National-US

Primary Model

About This Property

Take advantage of this rare opportunity to own a fifth-generation single-family house! This charming home, which boasts 4 bedrooms, 2 bathrooms, and a den, has been in the family since its construction in 1898. Currently vacant and ready for move-in, it is situated on a peaceful side street in central River Forest, conveniently located within walking distance to the Metra, L trains, schools, numerous restaurants and nightlife. The property features a vast side yard, measuring 70x135, and a backyard perfect for entertaining or enjoying the outdoors. The first floor comprises a spacious living room, kitchen, pantry, bathroom, laundry room, and office/den space, while the second floor contains four bedrooms and one bathroom. The basement and attic are primed for a new family to renovate and personalize. There is a 2-car garage located at the back of the property, as well as an extra parking spot right next to the garage. While many of the home's features are original, the second-floor bathroom has recently undergone a renovation. Don't wait to schedule your viewing of this exceptional property!

Unit Size

1,733 Ft²

Days on Market

Land Size

Price per sqft

$387

Property Type

House

Property Taxes

$776

HOA Dues

Year Built

1898

Payment Calculator

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Last updated: 3 years ago (MRED MLS #11825210)

Price History

Date / Event	Date	Event
Aug 23, 2023	Sold	Premium
Sold
Jul 7, 2023	Listed by Compass	$669,900
Listed by Compass
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
Feb 2, 2023	Price Decreased	$829,000 ↓ $49K (5.6%)
Price Decreased
Oct 29, 2022	Listed by The Sokol Group LLC	$878,000
Listed by The Sokol Group LLC

	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.

Property Highlights

Garage

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: 6
Building Quality: 7
Construction Type: 6
Building Style: 63
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: 1
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,450

Total Building Area: 1,733
Gross Building Area: 1,733
Building Area: 1,733
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 13

Heating: 24
Heated Square Feet: 1,733
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: QUICKS
Land Acres: 0000000217
Standard Land Use Code: 1001
County Land Use Code: 2-05

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: $1,621,296
Tax Rate Code Area: 33001

Appraisal Valuation

Standard Deviation: 0.1011

Valuation Date: Mar 20, 2024
Confidence Score: 90
Final Value: 781,067
High Value: 860,039
Low Value: 702,095

Open Liens

Total Open Liens:

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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: $600,000

Market Land Value: $122,850
Market Improvement Value: $477,150

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $60,000
Assessed Land Value: $12,285
Assessed Improvements Value: $47,715

Sales

Current Sale Contract Date: Aug 14, 2023

Current Sale Recording Date: Sep 07, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 13132

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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

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Comparables

About River Forest

Stats & Trends

Median Asking:

$617,000

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

Average Home Size

1662 ft²

Average Home Age

66.8 years

Currently For Sale

33 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

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$3,795 /mo

2 Beds
2 Baths
1,220 ft²

835 Lake Street #604, Oak Park, IL, 60301 Listing by Riley Mockler

Unit for rent at 727 N Ridgeland Avenue, Oak Park, IL, 60302

$3,800 /mo

3 Beds
1 Bath
1,668 ft²

727 N Ridgeland Avenue, Oak Park, IL, 60302 Listing by Rich Durante

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.

Listed by: Nicole Gagliardo, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11825210

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.

7416 Oak Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About River Forest

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions