531 Thatcher Ave, River Forest, IL 60305
OFF MARKET

531 Thatcher Ave
River Forest, IL 60305

  • 5 Beds
  • 4 Baths
  • 3,982 sqft (on 0.26 acres)

$1,321,600

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $9,026/mo*
Refinance Your Home

$1,321,600

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $9,026/mo*
Refinance Your Home
5 Beds
4 Baths
3,982 sqft
(on 0.26 acres)

Home Value

Trulia Estimate
$1.32M
Since last month
Increased$5K (+0.4%)
Since last year
Increased$88K (+7.1%)
Since last sale
Increased$97K (+7.9%)
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 +139% in the last 10 years
MonthEstimated value
2026
August 2026$1.32M
July 2026$1.32M
June 2026$1.31M
May 2026$1.3M
April 2026$1.28M
March 2026$1.27M
February 2026$1.25M
January 2026$1.27M
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
500 Auvergne Pl, River Forest, IL
0.26
Single-Family Home
$975,000
03/03/26
5
3.5
3,300
554 Thatcher Ave, River Forest, IL
0.09
Single-Family Home
$1,383,000
02/18/26
6
4.5
5,258
327 Gale Ave, River Forest, IL
0.26
Single-Family Home
$1,100,000
05/14/26
4
3
4,163
534 Lathrop Ave, River Forest, IL
0.48
Single-Family Home
$1,223,000
02/18/26
5
4
3,877
139 Thatcher Ave, River Forest, IL
0.48
Single-Family Home
$965,000
06/26/26
4
3.5
3,008
7911 Oak Ave, River Forest, IL
0.19
Single-Family Home
$905,000
11/14/25
4
3.5
2,259
7979 Chicago Ave, River Forest, IL
0.30
Single-Family Home
$685,000
04/02/26
3
3.5
2,278
125 Thatcher Ave, River Forest, IL
0.51
Single-Family Home
$925,000
09/16/25
4
2.5
3,117

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
518 Keystone Ave, River Forest, IL 60305
0.02
$1,372,800
7
4.5
7,975
Off Market
542 Thatcher Ave, River Forest, IL 60305
0.08
$1,843,800
5
4.5
1,500
Off Market
544 N Thatcher Ave, River Forest, IL 60305
0.08
$1,088,700
4
3
-
Off Market
7969 Lake St #3, River Forest, IL 60305
0.10
$384,300
3
2
992
Off Market
554 Thatcher Ave, River Forest, IL 60305
0.09
$1,383,000
6
4.5
5,258
Recently Sold
8009 Lake St #2W, River Forest, IL 60305
0.13
$194,200
2
1
1,132
Off Market
8009 Lake St #1W, River Forest, IL 60305
0.13
$225,300
2
1
-
Off Market
539 Edgewood Pl, River Forest, IL 60305
0.12
$1,184,900
4
3
3,283
Off Market
503 Keystone Ave, River Forest, IL 60305
0.10
$1,520,400
4
2.5
3,126
Off Market
547 Edgewood Pl, River Forest, IL 60305
0.12
$977,900
5
3
-
Off Market
607 Thatcher Ave, River Forest, IL 60305
0.09
$957,600
3
2
2,200
Off Market

Local Information

  • Map ViewExplore the area around 531 Thatcher 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
1924
Lot Size
0.26 acres
Living Area
3,982 sqft
Price/Sqft
$332
Parking
Garage

About this House

531 Thatcher Ave, River Forest, IL 60305 is a 5 bedroom, 5 bathroom, 3,982 sqft single-family home built in 1924. It last sold for $1,225,000 on May 2, 2025 (8% below the $1,325,000 asking price). It is currently off market. The Trulia Estimate is $1,321,600, with a rent estimate of $6,007/month.

Home Details for 531 Thatcher Ave

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partially Finished,FullNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room, Dining Room, Enclosed Porch, Family Room, Kitchen, Laundry, Living Room, Recreation Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 3Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 3982 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood, Multiple Water Heaters, Gas Water HeaterDishwasherLaundry: Upper Level,SinkMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced Air,Steam,Radiator(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Living RoomHas a FireplaceNo Spa
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Window: Screens, Skylight(s)Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 3Accessibility: No Disability AccessFloors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, PorchOther Structures: Garage(s)Exterior: BalconyFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageHas Open ParkingParking Spaces: 7Parking: Concrete,Side Driveway,Garage Door Opener,On Site,Garage Owned,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 679 Square Feet

Property Information

Year Built
Year Built: 1924Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: StuccoNot a New ConstructionHas Additional Parcels
Property Information
Parcel Number: 15112090180000Additional Parcels Description: 15112090190000

Price & Status

Price
List Price: $1,325,000
Status Change & Dates
Off Market Date: Wed Apr 02 2025Possession Timing: Close Of Escrow

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

Agent Information

Buyer Agent
Buyer Company Name: Hello Chicago Homes

Building

Building Area
Building Area: 3982 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12161437Back On Market Date: Mon Jan 27 2025

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: NoSource Internet Address DisplayHide Public Remarks
Last check for updates: about 1 hour ago
Listed by Rosa Pitassi, (708) 771-8040
Compass
Bought with: DeVon Chandler, (708) 527-6336, Real Broker LLC
Source: MRED as distributed by MLS GRID, MLS#12161437

Price and Tax history

DateEventPrice
May 2, 2025
Source: MRED as distributed by MLS GRID #12161437
Sold
$1,225,000
Apr 3, 2025
Source: MRED as distributed by MLS GRID #12161437
Contingent
$1,325,000
Mar 4, 2025
Source: MRED as distributed by MLS GRID #12161437
PriceChange
$1,325,000
Price decreased by 5%
Jan 27, 2025
Source: MRED as distributed by MLS GRID #12161437
PendingToActive
$1,395,000
Jan 20, 2025
Source: MRED as distributed by MLS GRID #12161437
Contingent
$1,395,000

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
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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
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  • 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
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  • 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
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  • 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
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  • 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
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  • 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. "
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  • Vanessa A.
    "Proximity to the city, excellent schools, great neighbors, beautiful architecture, family friendly activities "
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  • Lizkahlingstetson
    "Great schools, walkability to transportation, schools and retail/restaurants, engaged and friendly neighbors"
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  • 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
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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 531 Thatcher Ave

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Off Market Homes Near 531 Thatcher Ave

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Frequently asked questions about 531 Thatcher Ave

  • What is 531 Thatcher Ave estimated to be worth?
    Trulia's estimated value for 531 Thatcher Ave in River Forest, IL is $1,321,600.
  • What is the price history for 531 Thatcher Ave?
    531 Thatcher Ave in River Forest, IL last sold for $1,225,000 in May 2025.
  • 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 531 Thatcher Ave have air conditioning?
    Yes, 531 Thatcher Ave in River Forest, IL has air conditioning.
  • Does 531 Thatcher Ave have laundry facilities?
    Yes, 531 Thatcher Ave in River Forest, IL has laundry facilities.
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