Oak Park and River Forest real estate and homes for sale in Illinois vintage victorians, colonials - Steve Scheuring, REALTOR® Steve Scheuring REALTOR(r) for Oak Park and River Forest, Illinois real estate, vintage victorians, colonials - NUMBER1EXPERT™ Steve Scheuring NUMBER1EXPERT(tm) for Oak Park and River Forest, Illinois real estate,vintage victorians, colonials
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Steve Scheuring, REALTOR®, real estate agent and broker for Oak Park and River Forest Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

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Local Info: Oak Park and River Forest Illinois home buying, real estate listings, and homes for sale in Cook                           County, IL
Welcome > Local Info >About River Forest ...


About River Forest
 

River Forest is a beautiful village just west of Oak Park. It is about ½ the land size of Oak Park with a little more than 1/5th the population of Oak Park. As you can tell, River Forest is not as densely populated as Oak Park therefore it feels less busy and is a little quieter. River Forest homes will be a little more expensive than Oak Park homes and they will have larger lot sizes. See in this "Local Info" section the page on the "Local Real Estate Market." 

River Forest is very family oriented containing one of the best public grade school systems in all of Illinois. (See Local School Info) River Forest is also a college town! Concordia University and Dominican University are thriving institutions that also offer many wonderful programs to families in all of the surrounding areas. 

I like to think of River Forest as being divided into three sections: the north, central, and south areas. As with most of the near Chicago villages, the closer to the center of the village, the older the homes and structures. The center of River Forest is the east/west Street called Lake Street. The northern section is north of Division Street from Harlem to Thatcher. These homes are not huge by River Forest or Oak Park standards but they are good in size with most homes being between 3 and 5 bedrooms with prices ranging from the upper $400k to the $2 or mid-$2 million. There is a section just west of Harlem and immediately north of Division that has some amazing large new homes built when the Dominican community sold much of its land for development around the mid 1990's. 

The central portion of River Forest contains some of the areas grandest of homes and properties. Some of the larger homes can be 6 to 8 bedroom mansions with coach houses, iron gates and 100+ x 200+ lot sizes. These homes rarely come on the market but when they do you better have a very knowledgeable, responsive, detail oriented and experienced real estate agent to tell you exactly what it will take to secure the home. I am that professional that brokers transactions everyday. This is all I do full-time. 

The southern portion of River Forest extends south of Lake Street to Madison Avenue between Lathrop and Thatcher. It is a small pocket that is nestled into the northern section of Forest Park and the Forest Preserve. Here you will find homes of many sizes and price. For the upper $300k range you may find some fixer uppers or small 2 and 3 bedroom homes. You are more likely to find homes in the mid $400k-$600k range with a few larger homes approaching the $800k area. Nice parks and great access to the Metra are great features of this area. 

The above is a gross simplification of the River Forest community. You really need to come to this beautiful area and let me show you a few homes and neighborhoods in order to really get a feel for any of the villages. Just email or call and we can arrange a time. Two hours is all you'll need to get started. 


River Forest Village Stats 

· Population = 11,635
· Land Area = 2.5 square miles
· Average Age of the Population = 37.9 yrs.
· % Of Homes That Are Single Family Structures = 65.1%
· Average Age of the Homes = 53 yrs.
· Median Income = $89,284
· Average Income of Households w/ Families = $175,968
 






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Real Estate Tips
Pricing >Value Added Features

A recent study conducted by the National Center for Real Estate Research evaluated the features of a home based on what each contributes to the selling price.

According to the study, the feature that can most dramatically increase the value of a home is an additional full bathroom, upping the selling price by a remarkable 24 percent. Installing an extra half-bath can add 15 percent to the selling price. A garage, a fireplace and a central air conditioning unit each add a little more than 12 percent to the home's market value. A laundry room located on the main floor of the home increases its value by 15 percent, while a basement laundry room can potentially reduce the home's overall value. Homes with raised or vaulted ceilings sell for 6.2 percent more than identical homes with standard ceilings. Each extra bedroom increases the price by 4.1 percent. A family room adds 7.3 percent, and a dining room is worth 6.2 percent. A view of the water adds 7.8 percent, but a golf course view is better at 8.1 percent. A home built on the waterfront is worth 18 percent more than the same home in a landlocked location.

Every real estate market is different, so consult your real estate agent regarding the resale value of your home's special features.

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Real Estate Trivia
Q 
What is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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Steve Scheuring, REALTOR®, real estate agent and broker for Oak Park and River Forest Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Scheuring
Baird & Warner

1037 Chicago Ave.
Oak Park
IL 60302
Office: 708-697-5946
Fax: 708-383-0790
Steve@OPRFHouse.com

My clients choose me because I am committed to serving their needs. My actions are timely. My advice is objective. My assistance is un-intimidating. My service is complete. My drive is your success. It is a well-known fact that I utilize more technology-based marketing tools than any other area agent or firm! Digital photography, website advertising, and 24-hour availability are key elements to getting a home sold in today’s market. When you begin your search to buy a home or prepare to list a home, it makes sense to have somebody help you that knows homes. My wife Julie and I have fully restored two homes. Our first was a Chicago Bungalow on the North Side; in 2000 we complete and sold our English Cottage on the 900 block of Marion in Oak Park. These homes were not quick rehabs to make money. They were our homes filled with hard work (more than 50% of the labor was our own), fun memories, and quality finishing. We have recently embarked on a restoration that will (hopefully) be our last. We purchased a Victorian at 320 N. Euclid and estimate a restoration process of more than seven years. Taking care of my customers’ needs is job #1 and leads to long workweeks. This is all I do, everyday, seven days a week. Let me help you learn what to do and what NOT to do in order to get your home sold. If you are buying a home, your job is just as rigorous. I can help you with everything from home inspectors to mortgage brokers. Selling or buying… I help you with every detail to get you to that closing date.

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