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River Forest 60305 River Forest
814 Park Avenue
$2,000,000
● House - Off Market

814 Park Avenue

RIVER FOREST, IL 60305
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,900 Ft²
$3,895,682
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Exquisite custom built & designed French Manor home with immaculate attention to detail.  The 7900 sq ft main house includes 6 bedrooms, 6 1/2 baths and the 535 sq ft coach house has an additional bedroom/office and full bath.  This sophisticated Neo Classic home features a custom interior design by Karen Sheridan & Assoc, which showcases the home's tall windows, high ceilings & bold crown moldings.
Unit Size
7,900 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$291
Property Type
House
Property Taxes
$2,265
HOA Dues
-
Year Built
2004

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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

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,950
  • Total Building Area: 4,971
  • Gross Building Area: 4,971
  • Building Area: 4,971
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,971
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEIL & VINSONS
  • Land Acres: 0000000389
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: (WEIL) & (VINSONS) SUB OF BLKS 1,7&12 IN SNOW & DICKI NSONS ADD TO RIVER FOREST IN SEC2 IN SW SEC 01-39-12

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 811900

Geography

  • District: 33
  • Parcel: 15-01-320-020-0000
  • Block: 1,7,1
  • Lot: 15,16
  • Meridian: SEC 01 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8945
  • Longitude: -87.8203

    Address

  • Full Address: 814 Park Ave
  • Address - House Number: 814
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 1328
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,259,836
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,532,270
  • High Value: 1,882,149
  • Low Value: 1,182,392

    Market Valuation

  • Market Total Value: $2,290,000
  • Market Land Value: $203,400
  • Market Improvement Value: $2,086,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,000
  • Assessed Land Value: $20,340
  • Assessed Improvements Value: $208,660

    Sales

  • Current Sale Contract Date: May 11, 2016
  • Current Sale Recording Date: Jun 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1616610216
  • Previous Sale Recording Date: Feb 06, 2007
  • Previous Sale Contract Date: Jan 19, 2007
  • Previous Sale Amount: $2,033,000
  • Previous Sale Document Type: 27

    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:

$612,500

Sale Price/ft²

$297

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1703 ft²

Average Home Age

70.4 years

Currently For Sale

34 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

$3,795 /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: Anthony Iwersen, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD09042997
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 814 Park Avenue built and last sold?
The property at 814 Park Avenue was built in 2004 and last sold on May 11, 2016 for $2,000,000.
How much is this home worth?
The estimated value of the home located at 814 Park Avenue is $0.
What are some comparable homes to 814 Park Avenue?
There are currently no comparable homes to 814 Park Avenue.
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