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River Forest, Illinois, Real Estate
River Forest is a village in Cook County, Illinois, a suburb northwest of downtown Chicago. Two universities are located in River Forest, Dominican University and Concordia University Chicago. According to the 2010 census, the population was 11,172.
River Forest currently has 56 single family homes with an average list price of $918,264, 40 condos/townhomes with an average list price of $456,355, and 2 multi-unit homes with an average list price of $549,450. The average annual property tax for River Forest is $12,113.
Current Homes for Sale
Lots /Land 0 no homes
AdultCommunities 0 no homes
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Lincoln Elementary School | 90 | Elementary | P-4 |
| Willard Elementary School | 90 | Elementary | P-4 |
| Roosevelt School | 90 | Middle | 5-8 |
| Oak Park and River Forest High School | 200 | High | 9-12 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in River Forest, i.e. what's hot and what's not.
See What's Hot & What's Not in River ForestSubdivisions/Buildings
| Subdivisions/Buildings | Median Price | |
|---|---|---|
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1417 Bonnie Brae 1417 Bonnie Brae is a 19 unit condo building built in 1973. 1417 Bonnie Brae is located in River Forest, Illinois north of Greenfield Street and west of Harlem Avenue. Read more |
$165,000 |
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1535 Forest 1535 Forest Avenue is a 28 unit condo building built in 1962. 1535 Forest Avenue is located in River Forest, Illinois south of North Avenue. |
$228,500 |
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1535 Park 1535 Park is a 20 unit condo building built in 1965. 1535 Park is located in River Forest, Illinois just south of North Avenue. |
$199,750 |
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35 Forest Ave 35 Forest Avenue is a 29 unit luxury townhouse community built in 2019. 35 Forest Avenue is located in River Forest, Illinois on Forest Avenue north of Madison Street. Read more |
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407 Franklin 407 Franklin Avenue is a 58 unit condo building built in the late 1960's. 407 Franklin Avenue is located in River Forest, Illinois south of Lake Street. Read more |
$190,925 |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| River Forest | Union Pacific / West Line (UP-W) | 8001 W. Central Avenue | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Dec 3, 2019 | 417 Lathrop Ave. #4W | 3 | 2.1 | 3,165 ft2 | 2 | 2005 | $800,000 | |
|
Dec 2, 2019 | 628 William St. | 4 + 1* | 4.1 | 4,030 ft2 | 2 | 2006 | $839,000 | |
|
Dec 2, 2019 | 719 Franklin Ave. | 5 + 1* | 2.1 | 3,250 ft2 | 2 | 1917 | $750,000 | |
|
Nov 21, 2019 | 346 Gale Ave. | 3 | 1.1 | 2,398 ft2 | 2.5 | 1924 | $500,000 | |
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Nov 20, 2019 | 7911 North Ave. #B | 2 | 1.1 | 1,082 ft2 | 0 | 1957 | $175,000 | |
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Nov 18, 2019 | 935 Franklin Ave. | — | — | — | 2.5 | $675,000 | ||
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Nov 13, 2019 | 936 Forest Ave. | 3 | 2.1 | 1,866 ft2 | 2.5 | 1958 | $493,500 | |
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Nov 13, 2019 | 415 Franklin Ave. #2F | 2 | 2 | 1,350 ft2 | 1 | 1969 | Great House | $269,000 |
|
Nov 12, 2019 | 316 Ashland Ave. | 4 | 2 | 2,000 ft2 | 2 | 1913 | $488,000 | |
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Nov 8, 2019 | 603 Thatcher Ave. | 4 | 2.1 | 3,000 ft2 | 2.5 | 1890 | $705,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
River Forest home sales for the month of November decreased in volume by 26.7% when compared to last year, while the median sale price rose by 143.9% from $205,000 to $500,000. The number of Single Family homes sales rose by 33.3%, while the median sale price decreased by 0.7% from $579,250 to $575,000. Condo/townhome sales decreased by 66.7%, while the median sale price rose by 71.1% from $152,000 to $260,000.
|
140
|
147
|
170
|
187
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$525,000
|
$556,000
|
$575,000
|
$529,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for November in
| November | Year to Date (Jan 1 - December 7) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 15 | 11 | -26.7% | 109 | 167 | +53.2% |
| (Single Family) | 6 | 8 | +33.3% | 67 | 100 | +49.3% |
| (Condos/Townhomes) | 9 | 3 | -66.7% | 42 | 67 | +59.5% |
| Median Sale Price | $205,000 | $500,000 | +143.9% | $516,000 | $500,000 | -3.1% |
| (Single Family) | $579,250 | $575,000 | -0.7% | $642,500 | $715,000 | +11.3% |
| (Condos/Townhomes) | $152,000 | $260,000 | +71.1% | $202,500 | $182,000 | -10.1% |
| Days on Market | 15 | 21 | +40% | 25 | 32 | +28% |
| (Single Family) | 27 | 27 | 0% | 28 | 32 | +12.5% |
| (Condos/Townhomes) | 15 | 12 | -20% | 17 | 33 | +100% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Centennial Park 719 Lathrop Avenue |
Baseball Diamonds Soccer Fields Softball Fields |
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Constitution Park 7715 Greenfield St. |
Baseball Diamonds Field Ice Skating Rink Playground Soccer Fields Softball Fields |
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Keystone Park 498 Keystone Avenue |
Baseball Diamonds Batting Cages Parking Playground Sled Hill Soccer Fields Softball Fields Tennis Courts |
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Memorial Parkway Lake Street west of Monroe Avenue |
Bocce Courts |
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Washington Commons Park 222 Forest Avenue |
Baseball Diamonds Playground Soccer Fields Softball Fields |
Neither RE/MAX nor HomesByMarco nor its service providers are liable for errors or inaccuracies in the information provided.
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