240 Forest Ave, River Forest, IL 60305
Property image
Property image
OFF MARKET

$997,100

Trulia Estimate
  • 7 Beds
  • 4 Baths

240 Forest Ave, River Forest, IL 60305

Est. Refi. Payment $7,138/mo*
Refinance Your Home
Currently Off Market - Sold Jan 31, 2025 for $750,000

Home Value

Trulia Estimate
$997K
Since last month
Decreased$8K (-0.8%)
Since last year
Increased$48K (+5%)
Since last sale
Increased$252K (+33.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +72% in the last 10 years
MonthEstimated value
2026
September 2026$1M
August 2026$1.01M
July 2026$972K
June 2026$1.02M
May 2026$1.06M
April 2026$1.03M
March 2026$1.03M
February 2026$1.01M
January 2026$979K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
410 Franklin Ave, River Forest, IL
0.27
Multi-Family Home
$925,000
07/16/26
8
5.5
-
120 Lathrop Ave, Forest Park, IL
0.38
Multi-Family Home
$585,000
06/16/26
6
3
-
150 Rockford Ave, Forest Park, IL
0.46
Multi-Family Home
$665,000
06/18/26
6
3
-
232 Des Plaines Ave, Forest Park, IL
0.52
Multi-Family Home
$605,000
03/16/26
5
4
-
111 Des Plaines Ave, Forest Park, IL
0.48
Multi-Family Home
$575,000
10/10/25
8
3
-
7625 Monroe St, Forest Park, IL
0.52
Multi-Family Home
$525,000
05/27/26
6
3
-
509 Beloit Ave, Forest Park, IL
0.70
Multi-Family Home
$600,000
03/05/26
6
4
-
8213 Lake St, River Forest, IL
0.47
Multi-Family Home
$378,500
02/11/26
3
1.5
1,483

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
230 Forest Ave, River Forest, IL 60305
0.02
$868,300
3
2
-
Off Market
209 Keystone Ave, River Forest, IL 60305
0.08
$1,739,100
5
4.5
4,815
Off Market
240 Keystone Ave, River Forest, IL 60305
0.08
$931,100
3
1.5
-
Off Market
146 Keystone Ave, River Forest, IL 60305
0.14
$1,591,100
5
4
4,000
Off Market
230 Park Ave, River Forest, IL 60305
0.09
$968,700
5
2.5
1,731
Off Market
226 Park Ave, River Forest, IL 60305
0.10
$565,800
3
2
1,267
Off Market
207 Gale Ave, River Forest, IL 60305
0.14
$821,900
4
1.5
2,000
Off Market
303 Gale Ave, River Forest, IL 60305
0.12
$795,700
3
2.5
2,090
Off Market
327 Keystone Ave, River Forest, IL 60305
0.09
$719,000
3
2
3,075
Off Market
331 Keystone Ave, River Forest, IL 60305
0.09
$922,200
3
1.5
2,208
Off Market
319 Gale Ave, River Forest, IL 60305
0.13
$1,172,300
5
4
4,181
Off Market

Local Information

  • Map ViewExplore the area around 240 Forest Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1909
Garage

About this House

What's unique:Gas fireplaceRhino security deposit insurancePrime river forest locationPlenty of cabinet spaceGreat closet spaceGorgeous living space
Charming and spacious Victorian 2-flat on an expansive double lot in a quiet cul-de-sac street. This magnificent property is located on a corner lot and features high ceilings and charming bay windows bringing in incredible natural light along with beautiful original woodwork throughout. The first floor offers 3 bedrooms, 2 baths, and the potential to duplex down to the unfinished basement. It also includes a lovely enclosed rear porch. The top-floor duplex boasts 5 bedrooms, an office, and 2 baths, with each unit offering separate living and dining rooms. Both kitchens include stainless steel appliances, complemented by stunning maple hardwood floors. Additional features include central heat/air, two laundry sets in the basement for convenience, a 2-car garage plus an extra parking pad, and a lovely side lot with endless possibilities. Some updates could be done to truly add massive value to this property, making it perfect for an investor, owner-occupant, or a single-family conversion. PRIME LOCATION- close to parks, schools, Metra, and downtown. A rare opportunity with incredible potential!
240 Forest Ave, River Forest, IL 60305 is a 7 bedroom, 4 bathroom multi-family built in 1909. It last sold for the $750,000 asking price on Jan 31, 2025. More recently, it was listed as a rental in April 2024 with an asking price of $3,695 per month. That rental listing was removed on April 30, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $997,100, with a rent estimate of $2,916/month.
Last check for updates: about 2 hours ago
Listed by Melanie Giglio, (773) 466-7150
Compass
Bought with: Amber Kardosh, ABR,SRS, (773) 726-2070, @properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#12206002

Home Details for 240 Forest Ave

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 15
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4
Heating & Cooling
Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: Patio, PorchFencing: FencedFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 3Parking: Garage Door Opener,On Site,Garage Owned,Detached,Off Street,Side Apron,Owned,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1909
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Victorian
Building
Not a New Construction
Property Information
Parcel Number: 15123070070000

Price & Status

Price
List Price: $750,000
Status Change & Dates
Off Market Date: Fri Jan 31 2025Possession Timing: Negotiable

Active Status

MLS Status: Closed

Location

Direction & Address
City: River Forest
School Information
Elementary School: Lincoln Elementary SchoolElementary School District: 90Jr High / Middle School: Roosevelt SchoolJr High / Middle School District: 90High School: Oak Park & River Forest High SchHigh School District: 200

Community

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Listing Info

Special Conditions: List Broker Must Accompany

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12206002Activation Date: Fri Jan 31 2025

Additional Information

CurbsSidewalksStreet LightsStreet PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Jan 31, 2025
Source: MRED as distributed by MLS GRID #12206002
Sold
$750,000
Apr 30, 2024
Source: Zillow Rentals
ListingRemoved
Apr 21, 2024
Source: Zillow Rentals
Listed For Rent
$3,695
May 8, 2015
Source: Agent Provided
ListingRemoved
$750,000
Apr 14, 2015
Source: Agent Provided
Listed For Sale
$750,000

Market trends in River Forest

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
33
2MoM

Around this home

What Locals Say about River Forest

At least 104 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 94 % Say it's dog friendly

  • 86 % Say it's walkable to restaurants

  • 86 % Say parking is easy

  • 84 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 82 % Say streets are well-lit

  • 79 % Say people would walk alone at night

  • 78 % Say it's walkable to grocery stores

  • 73 % Say it's quiet

  • 72 % Say yards are well-kept

  • 70 % Say neighbors are friendly

  • 69 % Say they plan to stay for at least 5 years

  • 64 % Say car is needed

  • 63 % Say there are community events

  • 57 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Krist Haiman
    "It’s right next to downtown and has a lot of things to do and has public transportation everywhere, it’s well mixed too"
    0
    Flag
  • Lou Friedmann
    "Better schools than most of the state Suburban vibe without the pretence. My kids grew up here, I would do it again"
    0
    Flag
  • Nancy C. M.
    "We have dinners and block parties and pot lucks and welcome to the neighborhood get togethers. We play bunch every other week."
    2
    Flag
  • Quinncarlson
    "Close to city, great schools, great community and love being in between midway and ohare. It’s very walkable to libes, green line, metra and several grocery stores. We have lived here for 5 years now and used to live in city. Doesn’t feel like a ‘burb’."
    1
    Flag
  • Tatiana P.
    "I live near by and pass through this area every day. great family area and schools are good. "
    0
    Flag
  • Mom
    "Park events, theatre group at Austin gardens, concerts at other local parks, sporting events at two local Universities, 4th of July at Oak Park River Forest High School. Tour of Frank Lloyd Wright homes. "
    0
    Flag
  • Witt.VictoriaL
    "This has been my home since 2001. In my opinion you cannot beat the combination of walkability, access to downtown, schools, parks, neighbors....it's a special place."
    1
    Flag
  • Angela W.
    "We have great access to public transportation and my commute to downtown is 20-40, depending on traffic."
    0
    Flag
  • Suzanne D. a.
    "I’ve lived in RF for 7.5 years. Never want to leave! It’s a true community and it’s beautiful. Proximity to Oak Park and the city are key. "
    0
    Flag
  • Vanessa A.
    "Proximity to the city, excellent schools, great neighbors, beautiful architecture, family friendly activities "
    0
    Flag
  • Lizkahlingstetson
    "Great schools, walkability to transportation, schools and retail/restaurants, engaged and friendly neighbors"
    0
    Flag
  • Tyandmeegan
    "It’s the most historically beautiful suburb there is. The people are all friendly, educated, socially involved and have a deep interest in their community."
    1
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 240 Forest Ave

  • What is 240 Forest Ave estimated to be worth?
    Trulia's estimated value for 240 Forest Ave in River Forest, IL is $997,100.
  • What is the price history for 240 Forest Ave?
    240 Forest Ave in River Forest, IL last sold for $750,000 in January 2025.
  • Is River Forest a buyer's or seller's market?
    River Forest is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about River Forest?
    Residents describe River Forest, IL as pedestrian-friendly, dog-friendly, and walkable to restaurants. See recently sold homes in River Forest, IL.

Explore by feature - Air Conditioning

8 rentals with air conditioning in River Forest, IL

Explore by feature - Washer/dryer

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 240 Forest Ave

Skip to last item
Skip to first item

Homes for sale near 240 Forest Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item