516 Forest Ave, River Forest, IL 60305
OFF MARKET

516 Forest Ave
River Forest, IL 60305

  • 4 Beds
  • 3 Baths
  • 2,881 sqft

$1,190,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $8,155/mo*

$1,190,200

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $8,155/mo*
4 Beds
3 Baths
2,881 sqft

Home Value

Trulia Estimate
$1.19M
Since last month
Increased$34K (+2.9%)
Since last year
Increased$130K (+12.2%)
Since last sale
Increased$621K (+106.9%)
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 +76% in the last 10 years
MonthEstimated value
2026
August 2026$1.2M
July 2026$1.17M
June 2026$1.18M
May 2026$1.19M
April 2026$1.14M
March 2026$1.12M
February 2026$1.09M
January 2026$1.05M
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
0.23
Single-Family Home
$550,000
09/26/25
3
2
3,075
0.25
Single-Family Home
$1,100,000
05/14/26
4
3
4,163
0.19
Single-Family Home
$905,000
11/14/25
4
3.5
2,259
0.30
Single-Family Home
$860,000
07/31/26
4
2
2,167
0.50
Single-Family Home
$925,000
09/16/25
4
2.5
3,117
0.63
Single-Family Home
$712,500
01/12/26
4
3
2,595
0.51
Single-Family Home
$665,000
02/26/26
4
2
2,759
0.37
Single-Family Home
$685,000
04/02/26
3
3.5
2,278
0.18
Single-Family Home
$105,000
03/17/26
4
2.5
2,211
0.53
Single-Family Home
$720,000
05/21/26
3
2.5
3,800

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
0.02
$919,100
4
1
-
Off Market
0.06
$706,500
3
1.5
1,436
Off Market
0.06
$893,400
3
2
-
Off Market
0.07
$1,355,400
4
4
3,100
Off Market
0.05
$1,520,400
4
2.5
3,126
Off Market
0.08
$1,543,300
4
2.5
4,146
Off Market
0.10
$1,228,300
4
2.5
3,614
Off Market
0.11
$695,000
3
3
2,693
Recently Sold
0.12
$275,000
2
2
1,340
Recently Sold
0.12
$335,000
2
2
1,116
Recently Sold
0.12
$372,000
2
2
1,300
For Sale
0.12
$375,000
2
2
-
For Sale

Local Information

  • Map ViewExplore the area around 516 Forest Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1898
Living Area
2,881 sqft
Price/Sqft
$413
Parking
Garage

About this House

This single-family home is located at 516 Forest Ave, River Forest, IL. 516 Forest Ave is in River Forest, IL and in ZIP code 60305. This property has 4 bedrooms, 3 bathrooms and approximately 2,881 sqft of floor space. This property has a lot size of 8950 sqft and was built in 1898.
516 Forest Ave, River Forest, IL 60305 is a 4 bedroom, 3 bathroom, 2,881 sqft single-family home built in 1898. It last sold for $581,000 on Feb 19, 2004. It is currently off market. The Trulia Estimate is $1,190,200, with a rent estimate of $4,451/month.

Home Details for 516 Forest Ave

Interior Features

Interior Details
BasementNumber of Rooms: 8
Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Stone
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1898
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 8950 sqft

Price and Tax history

DateEventPrice
Feb 19, 2004
Source: N/A
Sold
$581,000

Market trends in River Forest

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
31
2
MoM

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."

LGBTQ Local Legal Protections

Frequently asked questions about 516 Forest Ave

  • What is 516 Forest Ave estimated to be worth?
    Trulia's estimated value for 516 Forest Ave in River Forest, IL is $1,190,200.
  • What is the price history for 516 Forest Ave?
    516 Forest Ave in River Forest, IL last sold for $581,000 in February 2004.
  • Is River Forest a buyer's or seller's market?
    River Forest is currently a balanced 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.
  • Does 516 Forest Ave have air conditioning?
    Yes, 516 Forest Ave in River Forest, IL has air conditioning.
  • How big is the lot at 516 Forest Ave?
    The lot at 516 Forest Ave in River Forest, IL is about 0.21 acres (8,950 sq ft).

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