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River Forest 60305 River Forest
907 Lathrop Avenue
$1,300,000
● House - Off Market

907 Lathrop Avenue

River Forest, IL 60305
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
7,061 Ft²
$2,205,478
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Remarkable Tudor! Corner lot w/semi-circular driveway, clay tile roof, heated 3 car garage. Fully updated wiring, plumbing, baths, kitchen & HVAC. Chef's kitchen featured on HGTV. SS Appliances, Granite counters & travertine floor w/pewter medallions  Grand entry & foyer leads to dramatic winding staircase. Wood paneled family rm/library w/custom bookcases & wood burning fireplace. Beautiful living rm with leaded glass windows & original Batchelder fireplace. Formal dining rm with French doors & leaded glass windows.  Adjacent to Library/fam rm is a fabulous game rm. Mstr suite has spa bath & enormous walk-in closet. Additional 4 bedrooms on 2nd floor - each w/full bath. 2nd floor laundry. Grand 3rd floor ballroom with addition bed/office & full bath. Incomparable basement spa w/custom hot tube/steam shower. There is also a media rm, office, additional laundry room & exercise space.  Enormous yard with private paver brick patio. Don't miss this exception home!
Unit Size
7,061 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$212
Property Type
House
Property Taxes
$3,291
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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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.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • 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: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,546
  • Total Building Area: 6,215
  • Gross Building Area: 6,215
  • Building Area: 6,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 6,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLEN & PROBST THIRD
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-09
  • Legal Description 1: (WALLEN) & (PROBST)(THIRD) ADD TO OAK PK A SUB OF SE OF SEC1 SE SEC 01-39-12

Neighborhood

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

Geography

  • District: 33
  • Parcel: 15-01-407-008-0000
  • Block: 6
  • Lot: 3
  • Meridian: SEC 01 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8961
  • Longitude: -87.8146

    Address

  • Full Address: 907 Lathrop Ave
  • Address - House Number: 907
  • Address - Street Name: Lathrop
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C006
  • 4-Digit Zip Code: 1448
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,879,854
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2029
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 1,542,510
  • High Value: 1,855,499
  • Low Value: 1,229,521

    Market Valuation

  • Market Total Value: $1,420,000
  • Market Land Value: $198,550
  • Market Improvement Value: $1,221,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,000
  • Assessed Land Value: $19,855
  • Assessed Improvements Value: $122,145

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1915755087
  • Previous Sale Recording Date: May 03, 2000
  • Previous Sale Contract Date: Apr 06, 2000
  • Previous Sale Amount: $905,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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

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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 261 Washington Boulevard, Oak Park, IL, 60304

$3,495 /mo

  • 3 Beds
  • 2 Baths
  • 1,264 ft²
261 Washington Boulevard #305, Oak Park, IL, 60304 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

Rentals Near You

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MRED

Listed by: Anthony Iwersen, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD10252075
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 907 Lathrop Avenue built and last sold?
The property at 907 Lathrop Avenue was built in 1926 and last sold on May 29, 2019 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 907 Lathrop Avenue is $0.
What are some comparable homes to 907 Lathrop Avenue?
There are currently no comparable homes to 907 Lathrop Avenue.
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