Amazing location with multi-million dollar homes on either side in the prestigious 'estate section' of River Forest. The home next door on a matching lot is listed at over $2MM, with taxes more than $10,000 higher. Huge lot with HUGE potential to build your dream mansion. Currently has ranch home built in the 60s, that has no basement. An easy teardown; or an easy build up. You can add a second story and attic, or add onto the back. Plenty of options. Twenty minutes to Downtown and Oakbrook. Closer to the city than Hinsdale to the Loop. Very established neighborhood on highly sought after block, where people live an entire lifetime. Close to the train to the city. 1/2 block from elementary school and Constitution Park. Trinity High School is in walking distance. Zoned for R2: for the lot size 100'X180' you may build a footprint of 5400 SQ FT; a total of 7000 SQ FT for any floor over 7' high, for a maximum of 2 1/2 stories. Verify zoning for your specific project on this 100'X180' lot.
Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal, Water to Site
Taxes & Fees
$19, 915 (2016)
Central Air, Zoned
Gas, Forced Air, 2+ Sep Heating Systems, Zoned
This listing 1425 Ashland Avenue River Forest, Il 60305
is a land listing
with on a lot of 17,860 sqft (or 0.41 acres). 1425 Ashland Avenue is located in River Forest and in ZIP Code 60305.
It has been listed on our site since 9/12/17.
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River Forest is a unique town, located on the border between Chicago and the western suburbs. Its proximity to the Des Plaines River and Thacker Woods gives River Forest a natural aspect, while nearby suburb Oak Park provides a variety of cultural, educational and dining experiences.
Known for its elegant homes designed and constructed during the turn of the century by many famous archite...
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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