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  3. River Forest, IL
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  5. 406 Franklin Ave
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406 Franklin Ave

406 Franklin Ave, River Forest, IL, 60305

YEAR BUILT

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

800-1,199 sqft

Description

The building at 406 Franklin Ave is located in River Forest, near downtown Oak Park. This low-rise building has 3 stories and contains 8 units. The neighborhood has plenty of shopping and dining options nearby. It is also close to the Metra and Green Line for easy travel. Constructed recently, the units feature 1 to 2 bedrooms and range from 800 to 1,199 square feet. Prices for the available units fall between $165,000 and $152,500. The average price per square foot is about $138 based on recent sales. Units have a friendly vibe with laundry in the building for convenience. Buyers can feel at ease knowing that deeded parking is included. Heat is part of the monthly assessment too. The building enjoys a good average of 54 days on the market. This gives potential buyers enough time to check out the space and make decisions. The area is welcoming, and it encourages a sense of community. Residents here can easily access various local businesses. Today’s best nearby spots include grocery stores and shops that cater to everyday needs. Dining options also offer a variety of cuisines to explore. The building provides a comfortable lifestyle in a lovely area. Investors will find it appealing due to its friendly features. Easy access to public transport makes it easy to get around. Whether heading to the city or relaxing nearby, this place feels like home.

Building ImageMLS ID #12383385
Building ImageMLS ID #11860036
Building ImageView Listing

406 Franklin Ave

406 Franklin Ave, River Forest, IL, 60305

YEAR BUILT

# STORIES

3

# TOTAL UNITS

8

UNIT SIZE RANGE

800-1,199 sqft

Description

The building at 406 Franklin Ave is located in River Forest, near downtown Oak Park. This low-rise building has 3 stories and contains 8 units. The neighborhood has plenty of shopping and dining options nearby. It is also close to the Metra and Green Line for easy travel. Constructed recently, the units feature 1 to 2 bedrooms and range from 800 to 1,199 square feet. Prices for the available units fall between $165,000 and $152,500. The average price per square foot is about $138 based on recent sales. Units have a friendly vibe with laundry in the building for convenience. Buyers can feel at ease knowing that deeded parking is included. Heat is part of the monthly assessment too. The building enjoys a good average of 54 days on the market. This gives potential buyers enough time to check out the space and make decisions. The area is welcoming, and it encourages a sense of community. Residents here can easily access various local businesses. Today’s best nearby spots include grocery stores and shops that cater to everyday needs. Dining options also offer a variety of cuisines to explore. The building provides a comfortable lifestyle in a lovely area. Investors will find it appealing due to its friendly features. Easy access to public transport makes it easy to get around. Whether heading to the city or relaxing nearby, this place feels like home.

Next

Description

The building at 406 Franklin Ave is located in River Forest, near downtown Oak Park. This low-rise building has 3 stories and contains 8 units. The neighborhood has plenty of shopping and dining options nearby. It is also close to the Metra and Green Line for easy travel. Constructed recently, the units feature 1 to 2 bedrooms and range from 800 to 1,199 square feet. Prices for the available units fall between $165,000 and $152,500. The average price per square foot is about $138 based on recent sales. Units have a friendly vibe with laundry in the building for convenience. Buyers can feel at ease knowing that deeded parking is included. Heat is part of the monthly assessment too. The building enjoys a good average of 54 days on the market. This gives potential buyers enough time to check out the space and make decisions. The area is welcoming, and it encourages a sense of community. Residents here can easily access various local businesses. Today’s best nearby spots include grocery stores and shops that cater to everyday needs. Dining options also offer a variety of cuisines to explore. The building provides a comfortable lifestyle in a lovely area. Investors will find it appealing due to its friendly features. Easy access to public transport makes it easy to get around. Whether heading to the city or relaxing nearby, this place feels like home.

406 Franklin Ave Market Stats Last 12 months

Avg. Listed Price$165,000($138/Sqft.)

Avg. Sale Price$165,000($138/Sqft.)
Year over year list price0.00%

Year over year sale price 0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market54 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list price0.00%

Year over year sale price0.00%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market54 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

406 Franklin Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1A1A119921522025-10-01
MLS#: 12442005
Closed$165,000
Unit 1C1C-21562008-08-28
MLS#: 06949005
Closed$148,000
Unit 2D2D-21942008-04-21
MLS#: 06776539
Closed$152,500
Unit 1A
1A

2 Beds

1 Baths

1199 sqft


DateStatusPrice
2025-10-01Closed$165,000
MLS#: 12442005
Days On Market52
Unit 1C
1C

2 Beds

1 Baths

0 sqft


DateStatusPrice
2008-08-28Closed$148,000
MLS#: 06949005
Days On Market56
Unit 2D
2D

2 Beds

1 Baths

0 sqft


DateStatusPrice
2008-04-21Closed$152,500
MLS#: 06776539
Days On Market94
View Complete Unit Listing HistorySource By: MRED

Amenities

While detailed amenities aren’t provided, what makes condo living at 406 Franklin Ave so special is the very essence of community. Expect a well-maintained property where neighbors greet you with friendly smiles, and you can feel at home. The pet-friendly policies here mean your furry friends are welcome too, adding even more warmth to this cozy community. Imagine establishing roots, hosting cozy gatherings, and rearranging your space to reflect your personality.

Next

Amenities Description

While detailed amenities aren’t provided, what makes condo living at 406 Franklin Ave so special is the very essence of community. Expect a well-maintained property where neighbors greet you with friendly smiles, and you can feel at home. The pet-friendly policies here mean your furry friends are welcome too, adding even more warmth to this cozy community. Imagine establishing roots, hosting cozy gatherings, and rearranging your space to reflect your personality.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Coin Laundry

Coin Laundry

Storage

Storage

Policies

Living at 406 Franklin Ave comes with welcoming pet policies that accommodate both cats and dogs. This flexibility is truly a highlight for pet lovers. The building takes pride in maintaining a harmonious living environment while being inclusive, allowing you to embrace your love for pets while being part of a vibrant community.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
406 Franklin Ave$138/sqft.$3 /sqft.
406 Franklin Avenue$138/sqft.$3 /sqft.
407 N Franklin Ave$271/sqft.$4 /sqft.
415 Franklin Ave$250/sqft.$4 /sqft.
424 Park Avenue$262/sqft.$3 /sqft.
424 Park Ave$265/sqft.$4 /sqft.

Nearby Schools

406 Franklin Ave is located in , River Forest, with 46+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|0.12 miles away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|0.42 miles away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|0.49 miles away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|0.67 miles away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|0.88 miles away

Proviso East High School

F
Public|Grades 9–12
807 S 1st Ave|0.9 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

406 Franklin Ave is located in , River Forest, with 46+ schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|Less than 1 Mile Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|Less than 1 Mile Away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|Less than 1 Mile Away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|Less than 1 Mile Away

Garfield Elementary School

--
Public|Grades PK–2
543 Hannah Ave|Less than 1 Mile Away

Proviso East High School

F
Public|Grades 9–12
807 S 1st Ave|Less than 1 Mile Away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|Less than 1 Mile Away

The Field School

--
Private|Grades PK–6
931 Lake St|Less than 1 Mile Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|1.01 Miles Away

Trinity High School

--
Private|Grades 9–12
7574 Division St|1.04 Miles Away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|1.09 Miles Away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|1.11 Miles Away

Gwendolyn Brooks Middle School

C+
Public|Grades 6–8
325 S Kenilworth A...|1.12 Miles Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|1.21 Miles Away

Field Stevenson Elementary School

B+
Public|Grades 3–5
925 Beloit Ave|1.25 Miles Away

Forest Park Middle School

C
Public|Grades 6–8
925 Beloit Ave|1.25 Miles Away

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|1.39 Miles Away

Lincoln Elementary School

B-
Public|Grades PK–5
811 Chicago Ave|1.40 Miles Away

Walther Christian Academy

--
Private|Grades 6–12
900 Chicago Ave|1.43 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|1.47 Miles Away

Washington Dual Language Academy

C
Public|Grades PK–7
1111 Washington Bl...|1.52 Miles Away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|1.51 Miles Away

Oak Park & River Forest High School

A
Public|Grades 9–12
201 N Scoville Ave|1.53 Miles Away

Fenwick High School

--
Private|Grades 9–12
505 Washington Blv...|1.60 Miles Away

Garfield Elementary School

D
Public|Grades PK–5
1514 S 9th Ave|1.61 Miles Away

Jane Addams Elementary School

B+
Public|Grades PK–5
910 Division St|1.66 Miles Away

Proviso Math and Science Academy

A+
Public|Grades 9–12
8601 Roosevelt Rd|1.70 Miles Away

Proviso Area Except Child Center

--
Public|Grades –
1000 Van Buren St|1.72 Miles Away

Ascension Elementary School

--
Private|Grades PK–8
601 Van Buren St|1.72 Miles Away

Intercultural Montessori Language School

--
Private|Grades PK–KG
301 S Ridgeland Av...|1.74 Miles Away

Abraham Lincoln Elementary School

B+
Public|Grades KG–5
1111 S Grove Ave|1.76 Miles Away

Paec Alternative Elementary School

--
Public|Grades –
1636 S 10th Ave|1.77 Miles Away

Paec Alternative High School

--
Public|Grades –
1636 S 10th Ave|1.77 Miles Away

Paec Education Center Early Childhood

--
Public|Grades –
1636 S 10th Ave|1.77 Miles Away

Tender Care Early Learning Center

--
Private|Grades PK–KG
1901 S 9th Ave|1.77 Miles Away

La Casa Montessori School

--
Private|Grades PK–4
608 Harrison St|1.79 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|1.80 Miles Away

Betsy Ross Elementary School

--
Public|Grades KG–2
1315 Marengo Ave|1.80 Miles Away

Elm Middle School

C
Public|Grades 6–8
7607 W Cortland St|1.82 Miles Away

Percy Julian Middle School

C+
Public|Grades 6–8
416 S Ridgeland Av...|1.83 Miles Away

Sacred Heart Catholic School

--
Private|Grades PK–8
815 N 16th Ave|1.83 Miles Away

Sacred Heart School

--
Private|Grades PK–8
815 N 16th Ave|1.83 Miles Away

William Beye Elementary School

C
Public|Grades KG–5
230 N Cuyler Ave|1.86 Miles Away

Irving Middle School

D
Public|Grades 6–8
805 S 17th Ave|1.89 Miles Away

Melrose Park Elementary School

C+
Public|Grades PK–5
1715 W Lake St|1.94 Miles Away

West Suburban Montessori School

--
Private|Grades PK–5
1039 S East Ave|1.95 Miles Away

Transit

406 Franklin Ave is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across River Forest. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

19th Ave & Oak St

1.97 miles away|38 min walk

19th Ave & Randolph St

1.98 miles away|38 min walk

19th Ave & St Charles Rd

1.97 miles away|38 min walk

19th Ave & Washington Blvd

1.99 miles away|39 min walk

1st Ave & Roosevelt Rd

1.8 miles away|35 min walk

2nd Ave & Loyola Hospital/Medical Center Ent.

1.95 miles away|38 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

406 Franklin Ave is surrounded by public transit options designed for efficient city travel. Transportation access within a 2-mile radius ensures reliable connections across River Forest. Residents benefit from flexible commuting options and reduced travel stress. This well-connected setting supports modern urban lifestyles.

19th Ave & Oak St

1.97 miles away|38 min walk

19th Ave & Randolph St

1.98 miles away|38 min walk

19th Ave & St Charles Rd

1.97 miles away|38 min walk

19th Ave & Washington Blvd

1.99 miles away|39 min walk

1st Ave & Roosevelt Rd

1.8 miles away|35 min walk

2nd Ave & Loyola Hospital/Medical Center Ent.

1.95 miles away|38 min walk

40 Madison St

0.82 miles away|16 min walk

5th/Andy

1.41 miles away|28 min walk

5th/Augusta

1.29 miles away|25 min walk

5th Ave & Roosevelt Rd

1.87 miles away|36 min walk

5th/Bataan

1.53 miles away|30 min walk

5th/Braddock

1.51 miles away|29 min walk

5th/Chicago

1.17 miles away|23 min walk

5th/Concord

1.48 miles away|29 min walk

5th/Congress

1.45 miles away|28 min walk

5th/Division

1.44 miles away|28 min walk

5th/Doris

1.53 miles away|30 min walk

5th/Elsie

1.6 miles away|31 min walk

5th/Erie

1.11 miles away|22 min walk

5th/Fillmore

1.78 miles away|35 min walk

5th/Gottlieb/RR Tracks

1.92 miles away|37 min walk

5th/Green

1.23 miles away|24 min walk

5th/Harrison

1.49 miles away|29 min walk

5th/Harvard

1.68 miles away|33 min walk

5th/Hugh Muir

1.22 miles away|24 min walk

5th/Huron

1.13 miles away|22 min walk

5th/Lake

1.1 miles away|21 min walk

5th/Legion

1.27 miles away|25 min walk

5th/Lexington

1.59 miles away|31 min walk

5th/Madison

1.2 miles away|23 min walk

5th/Main

1.08 miles away|21 min walk

5th/Maple

1.08 miles away|21 min walk

5th/Maywood Park/Crosswalk

1.75 miles away|34 min walk

5th/Nichols

1.32 miles away|26 min walk

5th/North

1.8 miles away|35 min walk

5th/Oak

1.07 miles away|21 min walk

5th/Pace Sign/Public Storage

2 miles away|39 min walk

5th/Pine

1.1 miles away|22 min walk

5th/Quincy

1.37 miles away|27 min walk

5th/Randolph

1.09 miles away|21 min walk

5th/Rice

1.19 miles away|23 min walk

5th/Rose

1.57 miles away|31 min walk

5th/School

1.18 miles away|23 min walk

5th/St. Charles

1.07 miles away|21 min walk

5th/Superior

1.15 miles away|22 min walk

5th/Van Buren

1.41 miles away|28 min walk

5th/Walnut

1.13 miles away|22 min walk

5th/Walton

1.25 miles away|25 min walk

5th/Warren

1.15 miles away|23 min walk

5th/Washington

1.11 miles away|22 min walk

The Neighbourhood: 406 Franklin Ave

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406 Franklin Ave Demographics

Age Demographics

0–14 Years

13.05%

15–29 Years

16.95%

30–44 Years

25.18%

45–59 Years

19.93%

60+ Years

24.89%

Commute

19.81%

Transit

4.76%

Walk

56.93%

Drive

0.7%

Bike

Housing Ownership

46.75%

Owner Occupied

53.25%

Rental Units

Household Types

Single Family
18.33%
Multi Family
2.02%
Single Person
50.47%
Multi Person
49.53%

Average Income

Household:$10,898,299.04 /yr

Individual:$6,274,552.5 /yr

Education

Bachelors Degree30.62%
High School College11.2%
Diploma7%
Post Graduate33.17%
Others18.02%
Next

Education

Diploma7%
Post Graduate33.17%
Others18.02%
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  2. /River Forest, IL
  3. /
    406 Franklin Ave
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406 Franklin Ave
406 Franklin Avenue
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