11 days on rocket

706 Monroe Ave, River Forest, IL, 60305

$1,800,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
4,032 SqFt
$446/SqFt
House
Schools Nearby

Location

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706 Monroe Ave, River Forest$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1889
HeatingNatural Gas, Forced Air
CoolingCentral Air, Zoned
BasementYes
FireplaceGas Log, Gas Starter, Heatilator
MLS #12029038
StatusActive

About 706 Monroe Ave

Welcome to your 2023 rehabbed dream home flooded with natural light throughout and high ceilings! Nestled on an oversized lot in River Forest, this stunning modern masterpiece exudes elegance and sophistication. Meticulously restored from the ground up, this home offers the perfect blend of contemporary design and timeless charm. Step inside and be captivated by the seamless fusion of space and style. New white oak floors adorn three levels, leading you through a grand staircase with beautiful light fixtures that illuminate every corner. The heart of this home is the chef's dream kitchen, where culinary aspirations come to life. Quartz countertops, custom hand-made solid maple cabinets and a magnificent 48" Ilve Majestic oven from Italy set the stage for gourmet creations. High end appliances include beverage refrigerator, Dacor Dishwasher and Monogram side by side refrigerator. Indulge in the luxury of beautifully appointed bathrooms featuring exquisite tile, Kohler, Duravit, Graff and Gerberit bath fixtures and innovative lighting. Picture yourself starting your day with Alexa Amazon speakers seamlessly integrated into the bathroom mirror, providing weather updates and setting the tone for the day ahead. Entertain with ease in the open-concept main level, featuring a family room with a gas fireplace, living room, dining room, kitchen, den, powder room, and convenient mudroom. Upstairs, discover a haven of comfort with four bedrooms, three baths, and a dedicated laundry room. The third floor offers a private retreat with an additional bedroom, bath, and two charming nooks ideal for quiet reading or imaginative play. The lower level beckons with another spacious family room complete with a wet bar and refrigerator, heated floors in basement including the bathroom, perfect for hosting gatherings or cozy nights in. A second laundry room on lower level adds convenience and functionality to everyday living. New roof, 2 new drain tile systems. A new 4-story addition was added on the south/west side as well as a mudroom on the west side. No detail has been overlooked in this meticulously renovated home, with upgrades including a new copper supply water line to the street, new overhead plumbing system, new basement floor, new electrical 200 AMPS service as well as whole house system, sprinkler system, new closed cell spray insulation, new windows, new doors and state-of-the-art security system with cameras for added peace of mind. New James Hardie Board siding (fiber cement). Experience the pinnacle of luxury living in a home that combines unparalleled craftsmanship with modern amenities. With its new construction feel and maintenance-free appeal, this is more than just a home-it's a lifestyle. Relax and unwind on your new large back deck overlooking a great yard. Deck was done with Trex decking boards and aluminum railings (maintenance free) Home also has a front porch with new Trex boards, new cedar baluster, trims and soffit. 2 car garage has a 240v circuit for an EV plus an exterior spot. Garage has new roof shingles and gutters, new siding and side door. Don't miss your chance to own this exceptional property, where every detail reflects the care and dedication of its developers. Schedule your private showing today and make your dream a reality!

Property Details

Property Features

Property Information:

  • Year Built: 1889
  • Living Area: 4,032 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (312) 254-0200
  • Listing Agent: Eileen Casey

Interior Features

Interior Information:

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Wine Cooler, Range Hood, Gas Cooktop
  • Basement: Yes
  • Interior: Bar-Wet, Hardwood Floors, Heated Floors, Second Floor Laundry, Walk-In Closet(s)
  • Fireplace: Gas Log, Gas Starter, Heatilator

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 706 Monroe Ave

Virtual Tour

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Oak Park & River Forest High School, Public District Grades 9-12
  • Roosevelt School, Public District Grades 5-8
  • Lincoln Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Chicago Ave to Monroe south to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $446/SqFt

Tax Information:

  • Annual Amount: $12,158
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in River Forest, IL.

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River Forest, IL

City

Med. Sold Price

$495K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

9

706 Monroe Ave vs River Forest

11 DAYS ON ROCKET

-45 Days

$1,800,000

+$1.3M More

$446/SqFt

+$201 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $201/SqFt more than other homes in River Forest, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12029038

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (312) 254-0200
  • Listing Agent: Eileen Casey

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:15:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$12,158$69,715
2018$11,512$69,715
2017$11,449$69,715

History based on county public records data.

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$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1391804
9
/10

  • Lincoln Elementary School

  • 511 Park Ave

  • 0.46 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1391805
8
/10

  • Roosevelt School

  • 7560 Oak Ave

  • 0.10 miles

  • Public District Grades 5-8

High School

school-card-donut-1391806
9
/10

  • Oak Park & River Forest High School

  • 201 N Scoville Ave

  • 1.21 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,083. Most River Forest, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 706 Monroe Ave

What is the listing price of this property?

The listing price of 706 Monroe Ave property is $1,800,000.

What type of property is this?

The property 706 Monroe Ave is a house located in River Forest, Illinois, 60305.

Is this property for sale now?

Active Listing: 706 Monroe Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 706 Monroe Ave are:
Lincoln Elementary School: GreatSchools Rating 9/10
Roosevelt School: GreatSchools Rating 8/10
Oak Park & River Forest High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $12,158 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 706 Monroe Ave has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 706 Monroe Ave is 4,032 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 706 Monroe Ave is 1889.

Rocket Homes›Illinois›Cook County›River Forest›60305›706 Monroe Ave

This home is located at 706 Monroe Ave in River Forest, IL and zip code 60305. This 4,032 square foot home was built in 1889. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $1,800,000.

Over 3 listings were sold over their listed price in March 2024 in River Forest, IL. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in River Forest, IL between February 2024 and March 2024 increased by 11.1%. Listings spent 56 days on the market in March 2024, and had a median list price of $495,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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