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CondominiumResidential

407 Franklin Ave

RIVER FOREST, IL 60305
1.16 ac
Lot SizeThe size of the land the home sits on, from county records.
1969
Year BuiltThe year the home was originally built, according to county records.
Built 196929 units1,780–2,617 ft²
$9.3M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$311K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$156
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-50.0%vs the River Forest ZIP median sale $/ft² ($313)

Sales Performance

$339K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+0.3%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
3.4%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.4%per yeartypical hold 5.0 yrsfrom 26 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19972002200520102015201920222026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19972002200520102015201920222026

51 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$277K$315K$352K$390K1,780 ft²1,947 ft²2,115 ft²2,282 ft²2,450 ft²2,617 ft²
2 bd3 bd4+ bd
2 bed
21 units
3 bed
6 units
4 bed
2 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,780 ft²
12 units
2 bd · 2 ba · 2,015 ft²
8 units
3 bd · 2 ba · 2,370 ft²
4 units
3 bd · 2 ba · 2,617 ft²
2 units
4 bd · 2 ba · 2,617 ft²
2 units
One-off layouts
1 unit

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$277K–$290K
10 units
$304K–$304K
1 unit
$308K–$311K
4 units
$321K–$326K
5 units
$338K–$341K
2 units
$365K–$368K
2 units
$380K–$390K
5 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.79%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.31%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.6 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.33%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.24%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$288,793
Median tax billThe middle annual property tax bill among the building's units.$5,135
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 3-FSJul 30, 2026$339,000Unit 5-FSJul 23, 2025$338,000Unit 5ASJul 22, 2024$282,000Unit 3-GSJun 27, 2023$250,000Unit 3-FSMay 15, 2023$220,000Unit 5ASFeb 4, 2022$236,000Unit 4-FSJul 27, 2021$255,000Unit 3DSJun 17, 2021$245,000Unit 5ESApr 6, 2021$280,000Unit 1ASOct 13, 2020$255,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
68
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
65
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCook
Lot (acres)The size of the land the home sits on, from county records.1.16
HeatingThe type of heating system in the home.None

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolA+
Elementary · Grades PK–4 · 0.1 mi
M
Roosevelt SchoolA
Middle · Grades 5–8 · 0.4 mi
H
Oak Park & River Forest High SchoolA+
High · Grades 9–12 · 1.5 mi

District: Oak Park and River Forest District 200

Neighborhood · ZIP 60305These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.29
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.133
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.11,189
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,804 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$151,502
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$232,452
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

407 Franklin Ave # 1as
2 bd · 2 ba · 1,902 ft²
$308K
407 Franklin Ave # 2-Ds
3 bd · 2 ba · 2,370 ft²
$368K
407 Franklin Ave # 2as
2 bd · 2 ba · 2,015 ft²
$322K
407 Franklin Ave # 2bs
2 bd · 2 ba · 1,780 ft²
$278K
407 Franklin Ave # 2cs
2 bd · 2 ba · 1,780 ft²
$280K
407 Franklin Ave # 2es
4 bd · 2 ba · 2,617 ft²
$390K
407 Franklin Ave # 2fs
2 bd · 2 ba · 1,780 ft²
$290K
407 Franklin Ave # 2gs
2 bd · 2 ba · 2,015 ft²
$322K
407 Franklin Ave # 3-Fs
2 bd · 2 ba · 1,780 ft²
$341K
407 Franklin Ave # 3-Gs
2 bd · 2 ba · 2,015 ft²
$322K
407 Franklin Ave # 3as
2 bd · 2 ba · 2,015 ft²
$311K
407 Franklin Ave # 3bs
2 bd · 2 ba · 1,780 ft²
$280K
407 Franklin Ave # 3cs
2 bd · 2 ba · 1,780 ft²
$281K
407 Franklin Ave # 3ds
3 bd · 2 ba · 2,370 ft²
$326K
407 Franklin Ave # 3es
3 bd · 2 ba · 2,617 ft²
$389K
407 Franklin Ave # 4-Fs
2 bd · 2 ba · 1,780 ft²
$277K
407 Franklin Ave # 4as
2 bd · 2 ba · 2,015 ft²
$304K
407 Franklin Ave # 4bs
2 bd · 2 ba · 1,780 ft²
$287K
407 Franklin Ave # 4cs
2 bd · 2 ba · 1,780 ft²
$278K
407 Franklin Ave # 4ds
3 bd · 2 ba · 2,370 ft²
$338K
407 Franklin Ave # 4es
3 bd · 2 ba · 2,617 ft²
$384K
407 Franklin Ave # 4gs
2 bd · 2 ba · 2,015 ft²
$309K
407 Franklin Ave # 5-Fs
2 bd · 2 ba · 1,780 ft²
$365K
407 Franklin Ave # 5as
2 bd · 2 ba · 2,015 ft²
$321K
407 Franklin Ave # 5bs
2 bd · 2 ba · 1,780 ft²
$278K
407 Franklin Ave # 5cs
2 bd · 2 ba · 1,780 ft²
$283K
407 Franklin Ave # 5ds
3 bd · 2 ba · 2,370 ft²
$380K
407 Franklin Ave # 5es
4 bd · 2 ba · 2,617 ft²
$385K
407 Franklin Ave # 5gs
2 bd · 2 ba · 2,015 ft²
$311K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 407 Franklin Ave

How many units are in 407 Franklin Ave, River Forest, IL?

407 Franklin Ave, River Forest, IL has 29 residential units across built in 1969, according to county assessor records.

What is a unit at 407 Franklin Ave, River Forest, IL worth?

The median TopHap Estimate across the 29 units at 407 Franklin Ave, River Forest, IL is $311,495. That works out to $156 per square foot. Units run from 1,780 to 2,617 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 407 Franklin Ave, River Forest, IL expensive for River Forest?

Units at 407 Franklin Ave, River Forest, IL carry a median of $156 per square foot, 50% below the River Forest median of $313 per square foot.

How often do units sell at 407 Franklin Ave, River Forest, IL?

1 units at 407 Franklin Ave, River Forest, IL sold in the last 12 months, out of 51 recorded arms-length sales all time. That is a turnover rate of 3.4% of the building per year. The median sale over that period was $339K.

Have units at 407 Franklin Ave, River Forest, IL appreciated?

Across 26 repeat sales of the same unit, 407 Franklin Ave, River Forest, IL returned a median 4.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 5.0 years.

What floor plans does 407 Franklin Ave, River Forest, IL have?

The most common plan at 407 Franklin Ave, River Forest, IL is a 2-bedroom of 1,780 square feet, repeated 12 times, with a median estimate of $280,698. TopHap identifies 5 recurring plans in the building.

More homes on Franklin Ave # 3cs

Closest homes

More homes in River Forest 60305

Assigned schools

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