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505 River Oaks Dr

River Forest, IL 60305

3 bd 2 ba 2,149 sqft Built 1951 single_family
Most recent sale
$699,500
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $699,500 MLS #11395812
Jun 17, 2022 Price changed $719,000 MLS #11395812
May 15, 2022 Listed $739,000 MLS #11395812
Mar 11, 2020 Listing removed $675,000 MRED
Feb 11, 2003 Sold $390,000 Public Record
Sep 16, 1997 Sold $250,000 Public Record
Nov 1, 1989 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $41,515 $13,770 $55,285 $15,134
2022 $41,747 $12,048 $53,795 $15,383
2021 $41,747 $12,048 $53,795 $14,865
2020 $41,747 $12,048 $53,795 $14,649
2019 $38,382 $10,901 $49,283 $14,235
2018 $38,382 $10,901 $49,283 $13,474
2017 $38,382 $10,901 $49,283 $13,443
2016 $32,363 $9,180 $41,543 $12,561
2015 $32,363 $9,180 $41,543 $12,300
2014 $32,363 $9,180 $41,543 $11,282
2013 $34,124 $9,180 $43,304 $11,477
2012 $34,124 $9,180 $43,304 $11,704
2011 $34,124 $9,180 $43,304 $11,561
2010 $27,870 $9,180 $37,050 $8,956
2009 $27,870 $9,180 $37,050 $8,965
2008 $24,312 $14,688 $39,000 $8,870
2007 $23,854 $15,146 $39,000 $9,120
2006 $23,854 $15,146 $39,000 $8,585

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,149 sqft
Lot size
ZIP code
60305
City
River Forest
Street
River Oaks Dr
Coordinates
41.88821, -87.82992

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,868
Gross rental yield
6.64%
Implied cap rate
4.31%
Trend-extrapolated value

Frequently asked questions

When did 505 River Oaks Dr last sell?
505 River Oaks Dr most recently sold on Sep 6, 2022 for $699,500.
What is the current tax assessment for 505 River Oaks Dr?
The most recent total assessment for 505 River Oaks Dr (year 2023) is $55,285 with $15,134 in property tax.
How does 505 River Oaks Dr's assessment compare to its last sale price?
The current assessment is 92.1% below the last sale price of $699,500.
When was 505 River Oaks Dr built?
505 River Oaks Dr was built in 1951.
How does 505 River Oaks Dr compare to others on River Oaks Dr?
We track 1 other property on River Oaks Dr. Browse the list under "Other properties on River Oaks Dr" to compare beds, baths, and sale history.
What are the property facts for 505 River Oaks Dr?
505 River Oaks Dr is a 3 bed, 2 bath, 2,149 sqft single_family.
Is 505 River Oaks Dr a flip candidate?
No — 505 River Oaks Dr does not appear in our flips dataset.
Is 505 River Oaks Dr a tax-appeal candidate?
No — 505 River Oaks Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.1%
Implied 1-yr
+24.4%
2026 Q3
$990K
2026 Q4
$1.03M
ZIP 60305 — Median Price History + Forecast

Explore nearby

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