4042 Forest Ave
Downers Grove, IL 60515
3 bd 4 ba 1,540 sqft Built 1953 Lot 11,099 sqft single_family
Most recent sale
$439,900
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $439,900 | MLS #11343932 |
| Apr 8, 2022 | Price changed | $439,900 | MLS #11343932 |
| Mar 24, 2022 | Listed | $449,000 | MLS #11343932 |
| Apr 16, 2012 | Sold | $272,000 | Public Record |
| Jun 8, 2011 | Listing removed | $374,900 | MRED |
| Feb 12, 2011 | Price changed | $374,900 | MLS #07615619 |
| Aug 23, 2010 | Listed | $389,000 | MLS #07615619 |
| Jul 1, 1988 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $96,466 | $62,179 | $158,645 | $8,624 |
| 2022 | $89,500 | $53,850 | $143,350 | $8,005 |
| 2021 | $88,480 | $53,240 | $141,720 | $7,493 |
| 2020 | $86,730 | $52,190 | $138,920 | $7,355 |
| 2019 | $83,220 | $50,080 | $133,300 | $7,120 |
| 2018 | $68,110 | $49,790 | $117,900 | $6,395 |
| 2017 | $59,580 | $47,910 | $107,490 | $5,846 |
| 2016 | $56,860 | $45,720 | $102,580 | $5,727 |
| 2015 | $53,490 | $43,010 | $96,500 | $5,660 |
| 2014 | $52,010 | $41,820 | $93,830 | $5,662 |
| 2013 | $51,770 | $41,620 | $93,390 | $5,546 |
| 2012 | $54,100 | $43,490 | $97,590 | $5,379 |
| 2011 | $57,610 | $46,310 | $103,920 | $5,297 |
| 2010 | $69,280 | $42,930 | $112,210 | $5,322 |
| 2009 | $73,030 | $45,570 | $118,600 | $5,231 |
| 2008 | $73,030 | $45,570 | $118,600 | $5,046 |
| 2007 | $68,960 | $43,030 | $111,990 | $4,844 |
| 2006 | $46,530 | $38,300 | $84,830 | $3,692 |
Property facts
Year built
1953
Property type
single_family
Stories
2
Beds
3
Baths
4
Living area
1,540 sqft
Lot size
11,099 sqft
ZIP code
60515
City
Downers Grove
Street
Forest Ave
Coordinates
41.81283, -88.01299
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,772
Gross rental yield
7.56%
Implied cap rate
4.92%
Trend-extrapolated value
—
Frequently asked questions
When did 4042 Forest Ave last sell?
4042 Forest Ave most recently sold on May 26, 2022 for $439,900.
What is the current tax assessment for 4042 Forest Ave?
The most recent total assessment for 4042 Forest Ave (year 2024) is $158,645 with $8,624 in property tax.
How does 4042 Forest Ave's assessment compare to its last sale price?
The current assessment is 63.9% below the last sale price of $439,900.
When was 4042 Forest Ave built?
4042 Forest Ave was built in 1953.
How does 4042 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 4042 Forest Ave?
4042 Forest Ave is a 3 bed, 4 bath, 1,540 sqft, 11,099 sqft lot single_family.
Is 4042 Forest Ave a flip candidate?
No — 4042 Forest Ave does not appear in our flips dataset.
Is 4042 Forest Ave a tax-appeal candidate?
No — 4042 Forest Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q3
$634.5K
2026 Q4
$636.6K
ZIP 60515 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Ave