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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 69 single family homes with an average list price of $1,113,219, 37 condos/townhomes with an average list price of $297,373, and 1 multi-unit home with an average list price of $619,000. The average annual property tax for River Forest is $12,183.
Current Homes for Sale
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Lincoln Elementary School | 90 | Elementary | P-4 |
| Lincoln Elementary School | 156 | Elementary | P-8 |
| Willard Elementary School | 90 | Elementary | P-4 |
| Lincoln Elementary School | 156 | Middle | P-8 |
| Roosevelt School | 90 | Middle | 5-8 |
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 | |
|---|---|---|
|
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. |
$168,250 |
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Ascot Place Ascot Place is a condominium complex built in the early 1960's. Ascot Place is located in River Forest, Illinois south of North Avenue and west of Harlem Avenue. Read more |
$72,600 |
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Bonnie Brae Terrace Bonnie Brae Terrace is a condominium building built in 1971. Bonnie Brae Terrace is located in River Forest, Illinois on Bonnie Brae Place 1 block west of Harlem Avenue and north of Greenfield Street. Read more |
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Chatterton Chatterton is a 56 unit condo building built in 1970. Chatterton is located at 407-411 Ashland in River Forest, Illinois. |
$190,000 |
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Dominican Manor Dominican Manor is a townhouse community built in 1950. Dominican Manor is located in River Forest, Illinois on Harlem Avenue south of Division Street. |
$174,000 |
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 | ||
|---|---|---|---|---|---|---|---|---|---|
|
Oct 15, 2018 | 7615 Washington Blvd. | 4 | 2 | — | 2 | 1928 | $472,500 | |
|
Oct 12, 2018 | 747 Thatcher Ave. | 3 | 2.1 | 1,700 ft2 | 2 | 1942 | $500,000 | |
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Oct 10, 2018 | 755 William St. | 4 | 1.1 | 2,118 ft2 | 2 | 1917 | $450,000 | |
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Oct 5, 2018 | 1339 Ashland Ave. | 4 | 3.1 | 3,734 ft2 | 2 | 1936 | $800,000 | |
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Sep 28, 2018 | 1302 Jackson Ave. | 4 | 3.1 | — | 2 | 1936 | $800,000 | |
|
Sep 28, 2018 | 1541 1/2 Monroe Ave. #GARDEN | 2 | 1 | 625 ft2 | 0 | 1923 | $100,000 | |
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Sep 24, 2018 | 633 William St. | 4 | 3.1 | 3,273 ft2 | 2 | 1903 | $750,000 | |
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Sep 21, 2018 | 1446 Bonnie Brae Pl. | 5 | 3.1 | 3,788 ft2 | 2.5 | 1949 | $670,000 | |
|
Sep 18, 2018 | 1306 Jackson Ave. | 3 | 2.1 | — | 2 | 1961 | $517,500 | |
|
Sep 17, 2018 | 1 Gale Ave. #4A | 4 | 5.1 | 5,135 ft2 | 4 | 1991 | River Commons | $790,000 |
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 September rose in volume by 18.2% when compared to last year, while the median sale price rose by 69.6% from $395,000 to $670,000. The number of Single Family homes sales rose by 50%, while the median sale price rose by 46% from $485,000 to $708,000. Condo/townhome sales decreased by 20%, while the median sale price rose by 54.9% from $195,000 to $302,000.
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131
|
146
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158
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182
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| 2014 | 2015 | 2016 | 2017 |
| # of sales per year | |||
|
$464,000
|
$525,000
|
$553,000
|
$560,000
|
| 2014 | 2015 | 2016 | 2017 |
| 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 September in
| September | Year to Date (Jan 1 - October 17) | |||||
|---|---|---|---|---|---|---|
| 2017 | 2018 | % Change | 2017 | 2018 | % Change | |
| Homes Sold | 11 | 13 | +18.2% | 123 | 173 | +40.7% |
| (Single Family) | 6 | 9 | +50% | 89 | 118 | +32.6% |
| (Condos/Townhomes) | 5 | 4 | -20% | 34 | 55 | +61.8% |
| Median Sale Price | $395,000 | $670,000 | +69.6% | $580,000 | $535,000 | -7.8% |
| (Single Family) | $485,000 | $708,000 | +46% | $682,000 | $618,000 | -9.4% |
| (Condos/Townhomes) | $195,000 | $302,000 | +54.9% | $190,000 | $212,500 | +11.8% |
| Days on Market | 16 | 43 | +168.8% | 26 | 25 | -3.8% |
| (Single Family) | 19 | 34 | +78.9% | 25 | 28 | +10% |
| (Condos/Townhomes) | 16 | 56 | +246.9% | 29 | 20 | -31% |
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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