516 Park Ave, River Forest, IL 60305
OFF MARKET

$936,900

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 3,236 sqft

516 Park Ave, River Forest, IL 60305

Est. Refi. Payment $6,465/mo*
Refinance Your Home
Currently Off Market - Sold Aug 23, 1996 for $217,000

Home Value

Trulia Estimate
$937K
Since last month
Increased$9K (+0.9%)
Since last year
Increased$59K (+6.7%)
Since last sale
Increased$718K (+330.7%)
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 +25% in the last 10 years
MonthEstimated value
2026
August 2026$935K
July 2026$926K
June 2026$947K
May 2026$953K
April 2026$922K
March 2026$894K
February 2026$873K
January 2026$865K
2025
2024
2023
2022
2021

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
327 Keystone Ave, River Forest, IL
0.25
Single-Family Home
$550,000
09/26/25
3
2
3,075
343 Franklin Ave, River Forest, IL
0.23
Single-Family Home
$860,000
07/31/26
4
2
2,167
343 Keystone Ave, River Forest, IL
0.22
Single-Family Home
$105,000
03/17/26
4
2.5
2,211
7911 Oak Ave, River Forest, IL
0.22
Single-Family Home
$905,000
11/14/25
4
3.5
2,259
110 Franklin Ave, River Forest, IL
0.52
Single-Family Home
$465,000
07/09/26
6
2
2,500
103 Des Plaines Ave, Forest Park, IL
0.48
Single-Family Home
$575,000
10/14/25
4
2.5
2,500
133 Franklin Ave, River Forest, IL
0.47
Single-Family Home
$665,000
02/26/26
4
2
2,759
534 Lathrop Ave, River Forest, IL
0.26
Single-Family Home
$1,223,000
02/18/26
5
4
3,877
752 Lathrop Ave, River Forest, IL
0.42
Single-Family Home
$805,100
06/16/26
3
2.5
3,077
327 Gale Ave, River Forest, IL
0.30
Single-Family Home
$1,100,000
05/14/26
4
3
4,163

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
502 Park Ave, River Forest, IL 60305
0.03
$695,000
3
3
2,693
Recently Sold
529 Forest Ave, River Forest, IL 60305
0.06
$702,100
3
1.5
1,436
Off Market
533 Forest Ave, River Forest, IL 60305
0.07
$889,400
3
2
-
Off Market
424 Park Ave #204, River Forest, IL 60305
0.07
$275,000
2
2
1,340
Recently Sold
424 Park Ave #205, River Forest, IL 60305
0.07
$335,000
2
2
1,116
Recently Sold
424 Park Ave #206, River Forest, IL 60305
0.07
$372,000
2
2
1,300
For Sale
424 Park Ave #402, River Forest, IL 60305
0.07
$375,000
2
2
-
For Sale
424 Park Ave #501, River Forest, IL 60305
0.07
$317,500
2
2
1,264
Recently Sold
#602, River Forest, IL 60305
0.07
$295,000
2
2
1,105
Recently Sold
424 Park Ave #604, River Forest, IL 60305
0.07
$312,400
2
2
1,130
Off Market
424 N Park Ave #405, River Forest, IL 60305
0.07
$323,600
2
2
-
Off Market
424 N Park Ave #305, River Forest, IL 60305
0.07
$265,700
2
2
1,200
Off Market

Local Information

  • Map ViewExplore the area around 516 Park 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
1900
Living Area
3,236 sqft
Price/Sqft
$290
Parking
Garage

About this House

This single-family home is located at 516 Park Ave, River Forest, IL. 516 Park Ave is in River Forest, IL and in ZIP code 60305. This property has 5 bedrooms, 2 bathrooms and approximately 3,236 sqft of floor space. This property has a lot size of 4525 sqft and was built in 1900.
516 Park Ave, River Forest, IL 60305 is a 5 bedroom, 2 bathroom, 3,236 sqft single-family home built in 1900. It last sold for $217,000 on Aug 23, 1996. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $936,900, with a rent estimate of $4,404/month.

Home Details for 516 Park Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Interior Details
Number of Rooms: 9

Exterior Features

Exterior Home Features
Roof: Shake Shingle
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 2

Lot Information

Lot Area: 4525 sqft

Price and Tax history

DateEventPrice
Aug 23, 1996
Source: N/A
Sold
$217,000

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
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

Frequently asked questions about 516 Park Ave

  • What is 516 Park Ave estimated to be worth?
    Trulia's estimated value for 516 Park Ave in River Forest, IL is $936,900.
  • What is the price history for 516 Park Ave?
    516 Park Ave in River Forest, IL last sold for $217,000 in August 1996.
  • 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 Park Ave have air conditioning?
    Yes, 516 Park Ave in River Forest, IL has air conditioning.
  • How big is the lot at 516 Park Ave?
    The lot at 516 Park Ave in River Forest, IL is about 0.10 acres (4,525 sq ft).

Explore by feature - Air Conditioning

8 rentals with air conditioning in River Forest, IL

Explore by feature - Washer/dryer

6 rentals with a washer/dryer in River Forest, IL

Apartments for Rent

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Off Market Homes Near 516 Park Ave

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