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

240 Forest Ave
River Forest, IL 60305

  • 7 Beds
  • 4 Baths

$989,900

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $6,827/mo*

$989,900

Trulia Estimate
as of Jul 26, 2026
Est. Refi. Payment $6,827/mo*
7 Beds
4 Baths

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

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

Active Status

MLS Status: Closed

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

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
Last check for updates: about 1 hour 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

DatePriceEventSource
01/31/2025$750,000Sold
MRED as distributed by MLS GRID #12206002
04/30/2024ListingRemovedZillow Rentals
04/21/2024$3,695Listed For RentZillow Rentals
05/08/2015$750,000ListingRemovedAgent Provided
04/14/2015$750,000Listed For SaleAgent Provided

Market trends in River Forest

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
33
4
MoM
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Property Tax and Assessment

Year2024
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

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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"
  • Lou Friedmann
    "Better schools than most of the state Suburban vibe without the pretence. My kids grew up here, I would do it again"
  • 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."
  • 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’."
  • Tatiana P.
    "I live near by and pass through this area every day. great family area and schools are good. "
  • 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. "
  • 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."
  • Angela W.
    "We have great access to public transportation and my commute to downtown is 20-40, depending on traffic."
  • 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. "
  • Vanessa A.
    "Proximity to the city, excellent schools, great neighbors, beautiful architecture, family friendly activities "
  • Lizkahlingstetson
    "Great schools, walkability to transportation, schools and retail/restaurants, engaged and friendly neighbors"
  • 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."

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Apartments for Rent

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Homes for sale near 240 Forest Ave

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Off Market Homes Near 240 Forest Ave

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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