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CondominiumResidential
$320,000$269 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $140,000 on Sep 30, 2025

406 FRANKLIN AVE

RIVER FOREST, IL 60305
Building report
2
Beds
1
Baths
1,190 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
Pre-foreclosure (LIS)A foreclosure notice on this home is currently active. Many are worked out before any auction happens.
A foreclosure-related notice has been recorded for this property.

Valuation

$320K
$306K low$334K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$140,000 · Sep 30, 2025
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$201,000
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$160,800
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.37%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$119,000
BANK OF AMERICA · recorded Oct 11, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,016 (2023)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$14,671 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$1,080
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$13,591
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$14,671
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$146,710

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.0.23
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Foreclosure Filings(1)

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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.Yes

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

How this home compares

406 Franklin Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 77% of homes in River Forest 60305
  • Costs less per square foot than 71% of homes in River Forest 60305
  • Smaller than 86% of homes in River Forest 60305
  • Has a bigger lot than 70% of homes in Cook County
  • Newer than 81% of homes in River Forest 60305

What homes are worth in River Forest 60305

Each bar is how many homes fall in that price range. The marker is this home.

This home
$143K$2.2M

This home is worth more than 23% of homes in River Forest 60305.

How it measures up in River Forest 60305

The dot is this home. The mark in the middle is the typical home in River Forest 60305.

Estimated value$320,000
CheaperTypical $808,885Pricier

Pricier than 23% of homes nearby

Price per ft²$269
CheaperTypical $367Pricier

Pricier than 29% of homes nearby

Living area1,190 ft²
SmallerTypical 2,209 ft²Bigger

Bigger than 14% of homes nearby

Lot size0.23 ac
SmallerTypical 0.23 acBigger

Bigger than 51% of homes nearby

Year built1966
OlderTypical 1943Newer

Newer than 81% of homes nearby

How 406 Franklin Ave ranks against every home in each area.
MeasureThis homeRiver Forest 60305Cook County
Estimated valuepricier than$320,00023% of homes45% of homes
Price per ft²pricier than$26929% of homes57% of homes
Living areabigger than1,190 ft²14% of homes31% of homes
Lot sizebigger than0.23 ac51% of homes70% of homes
Year builtnewer than196681% of homes61% of homes

About 406 Franklin Ave

How much is 406 Franklin Ave, River Forest, IL worth?

The TopHap Estimate for 406 Franklin Ave, River Forest, IL is $320,000 as of Jul 14, 2026. The likely range is $306,218 to $333,782. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 406 Franklin Ave, River Forest, IL last sell?

406 Franklin Ave, River Forest, IL last sold on Sep 30, 2025 for $140,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 406 Franklin Ave, River Forest, IL?

406 Franklin Ave, River Forest, IL has 2 bedrooms, 1 bathrooms, 1,190 square feet of living space and a 0.23-acre lot.

When was 406 Franklin Ave, River Forest, IL built?

406 Franklin Ave, River Forest, IL was built in 1966, making it 60 years old. It is a condo/apartment home.

What schools serve 406 Franklin Ave, River Forest, IL?

406 Franklin Ave, River Forest, IL is assigned to Lincoln Elementary School (elementary), rated A+; Roosevelt School (middle), rated A; Oak Park & River Forest High School (high), rated A+. All sit in Oak Park and River Forest District 200. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 406 Franklin Ave, River Forest, IL compare to other homes in River Forest 60305?

Among the 4,099 homes in River Forest 60305, it is worth more than 23% of them ($320,000 against a typical $808,885), its price per square foot is higher than 29% of them ($269 against a typical $367), it is bigger than 14% of them (1,190 ft² against a typical 2,209 ft²), its lot is bigger than 51% of them (0.23 ac against a typical 0.23 ac) and it is newer than 81% of them (1966 against a typical 1943). Measured against all of Cook County, it is worth more than 45% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 406 Franklin Ave, River Forest, IL?

The 2023 property tax bill for 406 Franklin Ave, River Forest, IL was $4,016. The county assessed it at $14,671.

Closest homes

More homes in River Forest 60305

Assigned schools

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