550 Forest Ave, Addison, IL 60101
Property image
Property image
OFF MARKET

550 Forest Ave
Addison, IL 60101

  • 3 Beds
  • 3 Baths
  • 2,300 sqft (on 0.50 acres)

$615,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $4,214/mo*
Refinance Your Home

$615,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $4,214/mo*
Refinance Your Home
3 Beds
3 Baths
2,300 sqft
(on 0.50 acres)

Home Value

Trulia Estimate
$616K
Since last month
Decreased$16K (-2.5%)
Since last year
Increased$28K (+4.7%)
Since last sale
Increased$287K (+86.8%)
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 +71% in the last 10 years
MonthEstimated value
2026
August 2026$617K
July 2026$620K
June 2026$632K
May 2026$628K
April 2026$613K
March 2026$598K
February 2026$581K
January 2026$566K
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
237 N Pioneer Dr, Addison, IL
0.15
Single-Family Home
$485,000
07/06/26
3
2.5
1,980
495 W Myrick Ave, Addison, IL
0.14
Single-Family Home
$340,000
09/30/25
3
1.5
1,850
202 N Country Club Dr, Addison, IL
0.10
Single-Family Home
$420,000
01/14/26
3
2
1,444
449 N Wesley Dr, Addison, IL
0.38
Single-Family Home
$480,000
12/12/25
3
2.5
2,378
330 N Country Club Dr, Addison, IL
0.23
Single-Family Home
$519,900
09/15/25
4
3
2,850
941 W Army Trail Blvd, Addison, IL
0.11
Single-Family Home
$499,900
06/23/26
5
3
2,860
1030 W Kendall Ter, Addison, IL
0.24
Single-Family Home
$585,000
03/12/26
4
2.5
1,899
263 N Baynard Rd, Addison, IL
0.23
Single-Family Home
$557,500
05/27/26
4
2.5
1,884
542 W Memory Ln, Addison, IL
0.41
Single-Family Home
$345,000
03/17/26
3
2
2,498
357 N Pioneer Dr, Addison, IL
0.26
Single-Family Home
$440,000
06/25/26
4
1.5
2,829

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
912 W Army Trail Blvd, Addison, IL 60101
0.03
$424,500
3
2
1,512
Off Market
1210 N Foxdale Dr #109, Addison, IL 60101
0.00
$350,000
2
2
1,463
Recently Sold
259 Masters Dr, Addison, IL 60101
0.00
$403,600
2
2
1,281
Off Market
255 Masters Dr, Addison, IL 60101
0.00
$462,700
3
2.5
1,729
Off Market
279 Masters Dr, Addison, IL 60101
0.00
$397,300
2
2
1,281
Off Market
334 Masters Dr, Addison, IL 60101
0.00
$481,800
3
2.5
1,729
Off Market
257 Masters Dr, Addison, IL 60101
0.00
$402,500
2
2
1,524
Recently Sold
273 Masters Dr, Addison, IL 60101
0.00
$406,000
2
2
1,281
Off Market
330 Masters Dr, Addison, IL 60101
0.00
$413,085
2
2
1,281
Recently Sold
253 Masters Dr, Addison, IL 60101
0.00
$454,700
2
2.5
1,699
Off Market
277 Masters Dr, Addison, IL 60101
0.00
$402,900
2
2
1,524
Off Market
275 Masters Dr, Addison, IL 60101
0.00
$424,900
2
2
1,524
Off Market

Local Information

  • Map ViewExplore the area around 550 Forest Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1967
Lot Size
0.5 acres
Living Area
2,300 sqft
Price/Sqft
$268
Parking
Garage

About this House

WHAT A FANTASTICALLY UPDATED HOME ON A GORGEOUS HALF ACRE LOT OVERLOOKING SERENE WATER.....HDWD FLOORS THROUGHOUT ENTIRE HOME INCLUDING BR'S... VAULTED CEILINGS IN L/R AND D/R..KITCHEN JUST UPDATED WITH LIGHT CHERRY CABINETS AND NEW SS APLIANCES...RUSTIC BRICK INDOOR GRILL FOR ALL YOU GOURMET CHEFS...NEW ROOF, FURNACE, A/C AND HWH...NEW WINDOWS UPSTAIRS...ALL BATHS HAVE BEEN PARTIALLY UPDATED ALSO...FINISHED BSMT!!
550 Forest Ave, Addison, IL 60101 is a 3 bedroom, 3 bathroom, 2,300 sqft single-family home built in 1967. It last sold for $330,000 on Dec 18, 2013. It is currently off market. The Trulia Estimate is $615,700, with a rent estimate of $3,493/month.

Home Details for 550 Forest Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Types of Rooms: Dining Room, Family Room
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Property Information

Year Built
Year Built: 1967
Property Type / Style
Property Type: Single Family HomeArchitecture: split level

Exterior Features

Exterior Home Features
DeckLawnPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Community

Units in Building: 1

Lot Information

Lot Area: 0.50 acres

Price and Tax history

DateEventPrice
Dec 18, 2013
Source: N/A
Sold
$330,000
Nov 4, 2013
Source: Agent Provided
Listed For Sale
$334,000
Aug 4, 2013
Source: Agent Provided
ListingRemoved
$324,000
Jun 6, 2013
Source: Agent Provided
Listed For Sale
$324,000

Market trends in Addison

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$402K
$8.33KMoM
Sale-to-List Price
100.6%
0.2%MoM
Price per sq ft
$239
$6MoM
Available listings
71
7MoM
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Around this home

What Locals Say about Addison

At least 248 Trulia users voted on each feature.

  • 84 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 79 % Say car is needed

  • 75 % Say parking is easy

  • 70 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 63 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 60 % Say it's quiet

  • 57 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say it's walkable to grocery stores

  • 50 % Say it's walkable to restaurants

  • 45 % Say neighbors are friendly

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Gailygurl5949
    "Summer concert series"
    0
    Flag
  • Jfverdi
    "Great neighborhood, one way in and one way out, privacy abound. Downfall is no nearby parks or pools and you can’t really walk to grocery stores if you need to, too far, about 1 mile away to closest one. Nice neighborhood restaurants and bars, kid friendly. Great H.S. Easy access to expressways and O’hare. "
    0
    Flag
  • Crystal Ortiz
    "Keep your kids safe always watch your surroundings something here and there so happen but that’s in a blue moon "
    0
    Flag
  • Mg7rpzw77h
    " This is one of a few places that I have seen children outside playing under watchful eyes of parents on several porches. It’s heartwarming to see kids playing outside and feeling safe. "
    0
    Flag
  • Erika R.
    "You could always see owners walking their dogs here, and they are also very good about picking up after them "
    2
    Flag
  • Francisco B.
    "Just visiting. The town seems really friendly. There are a lot of upscale housing in the area. I would say, not a bad place to live."
    1
    Flag
  • Janette C.
    "Great environment and great schools!! Never felt unsafe living here. Great suburb to live n have kids "
    0
    Flag
  • Kime
    "careing neighborhood on every street and good place to walk your dog everyone speaks ad wwwwwwyyyyyy"
    1
    Flag
  • Jeffsnider10
    "The neighborhood is friendly and safe. I have not heard of any crimes in our area for the past 6 years since we moved to this area. In the warmer months we walk our dog to the park several times a week if not daily, everyone is friendly."
    1
    Flag
  • Mmike4874
    "Not far from work easy 20 minute drive of course traffic makes a difference but close to home and yet still close to work "
    0
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  • Paige H.
    "I dont personally like living in addison but I guess its nice because it's close to stores. "
    0
    Flag
  • P. J.
    "There are several schools in the area. The way they determine what school your child attends needs improvement. "
    0
    Flag
  • Travis T.
    "Safe neighborhood to walk your dog in but way too many Skunks in the summer! My dog got sprayed 7 times in the 2 years I lived here. City doesn’t do anything about them. "
    1
    Flag
  • Pinedasyl
    "Close enough to walk to parks, schools, and stores. Close to bus stop, police station, and library. "
    1
    Flag
  • Kime
    "neighbors speaks all the time. neighbors look out for each other houses and cars no one try to steal your car "
    0
    Flag
  • Joshua G.
    "Very busy, very populated town. Some unsafe areas, some very nice areas. Depends where you live. Lake st, is also very busy all the time."
    0
    Flag
  • Chelsea T.
    "I've lived here for 5 years. It feels safe and welcoming. There are a lot of families with children and the park is always busy."
    0
    Flag
  • G.saab00012
    "I love my town. I've been living here from last 2 years and I feel totally safe here. It I will recommend this area to all peoples."
    0
    Flag
  • Jfverdi
    "We have Rock n Wheels every Thursday night at Village Center. Features live bands, food and beverage stands or you can bring your own. Great gathering event."
    0
    Flag
  • Tinamodela
    "Very isolated, people don’t really talk to each other. It used to be a lot more friendly, but not now. "
    0
    Flag
  • Trulia User
    "Friendly quiet town just west of the city. In summer lots of activities to do. Great restaurants and bars down lake. A great place to raise a family."
    0
    Flag
  • Aaliyah
    "By car, Lyft, Uber. I’ve seen a bus go passed but I have never taken it before. Or I choose to walk or ride a bike."
    0
    Flag
  • Shivendra B.
    "they love walking dogs and is really safe for dog and it is awesome to see people walking dogs. I'm about to move and I will miss people walking dogs. It is an good community "
    0
    Flag
  • Vinpomp35
    "there are plenty of dog walkers, lots of grass on both sides of sidewalk, and a couple parks and forest preserves close by. "
    0
    Flag
  • Erica S.
    "the park by my complex gets flooded when it rains a lot so sometimes you can't walk over there, it gets so bad it floods half of the parking lot "
    0
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  • Prisila C.
    "Summer Thursday nights Rockn wheels. never gone but looks fun. No other community events that I know of. wood Dale and Itasca near by. "
    0
    Flag
  • Laura E.
    "I've lived in this neighborhood for 3 years and have loved it. it's peaceful, well kept, and citizen oriented. I am sad to be leaving the area but work calls for it. "
    0
    Flag
  • Darlandra W.
    "The park, i ut allows the kids a supervised place to hangout. The have a place for little kids as well as big kids."
    1
    Flag
  • Stulo603
    "We have lived here for about 7 months. It’s a quiet neighborhood, the people are nice and friendly. Stores are close buy and great restaurants. "
    0
    Flag

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Apartments for Rent

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Homes for sale near 550 Forest Ave

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Off Market Homes Near 550 Forest Ave

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Frequently asked questions about 550 Forest Ave

  • What is 550 Forest Ave estimated to be worth?
    Trulia's estimated value for 550 Forest Ave in Addison, IL is $615,700.
  • What is the price history for 550 Forest Ave?
    550 Forest Ave in Addison, IL last sold for $330,000 in December 2013.
  • Is Addison a buyer's or seller's market?
    Addison is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Addison?
    The median sale price in Addison is $402K. That is up $8.33K from the prior month.
  • Does 550 Forest Ave have air conditioning?
    Yes, 550 Forest Ave in Addison, IL has air conditioning.
  • Does 550 Forest Ave have laundry facilities?
    Yes, 550 Forest Ave in Addison, IL has in-unit laundry.