240 Forest Ave
River Forest, IL 60305
- 7 Beds
- 4 Baths
7 Beds
4 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1909
Parking
Garage
About this House
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. It is currently off market. The Trulia Estimate is $989,900, with a rent estimate of $2,304/month.
Home Details for 240 Forest Ave
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MLS Status: Closed |
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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 |
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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 |
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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 |
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Price List Price: $750,000 |
Status Change & Dates Off Market Date: Fri Jan 31 2025Possession Timing: Negotiable |
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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 |
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved |
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Special Conditions: List Broker Must Accompany |
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Listing Terms: Conventional |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12206002Activation Date: Fri Jan 31 2025 |
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CurbsSidewalksStreet LightsStreet PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Last check for updates: about 20 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

Price History for 240 Forest Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 01/31/2025 | $750,000 | Sold | MRED as distributed by MLS GRID #12206002 |
| 04/30/2024 | ListingRemoved | Zillow Rentals | |
| 04/21/2024 | $3,695 | Listed For Rent | Zillow Rentals |
| 05/08/2015 | $750,000 | ListingRemoved | Agent Provided |
| 04/14/2015 | $750,000 | Listed For Sale | Agent Provided |
Market trends in River Forest
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
33
4MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $20,990 |
| Assessment | $770,010 |
Home facts updated by county records
Comparable Sales for 240 Forest Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $925,000 | 07/16/26 | 8 | 5.5 | - | |
0.38 | Multi-Family Home | $585,000 | 06/16/26 | 6 | 3 | - | |
0.46 | Multi-Family Home | $665,000 | 06/18/26 | 6 | 3 | - | |
0.52 | Multi-Family Home | $605,000 | 03/16/26 | 5 | 4 | - | |
0.48 | Multi-Family Home | $575,000 | 10/10/25 | 8 | 3 | - | |
0.52 | Multi-Family Home | $525,000 | 05/27/26 | 6 | 3 | - | |
0.70 | Multi-Family Home | $600,000 | 03/05/26 | 6 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 240 Forest Ave.
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.
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Apartments for Rent
Homes for sale near 240 Forest Ave
Off Market Homes Near 240 Forest Ave

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

