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  3. River Forest, IL
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  5. 1540 Park Ave
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1540 Park Ave

1540 Park Ave, River Forest, IL, 60305

YEAR BUILT

1964

# STORIES

3

# TOTAL UNITS

7

UNIT SIZE RANGE

650-1,200 sqft

Description

1540 Park Ave is a low-rise building located in River Forest, IL. It has 3 stories and consists of 6 units. This structure was built in 1964 and offers a solid concrete construction, providing durability and peace of mind. The available units range from 650 to 1,200 square feet. There are both 1-bedroom and 2-bedroom options. Prices for the units fall between $181,500 and $215,000. This puts the average price per square foot at around $196 based on recent sales. Recently, the average time these units stayed on the market was 30 days. This gives potential buyers time to evaluate their choices. The building includes amenities like free laundry, air conditioning, and private storage for each unit, which adds to the living experience. Living here allows easy access to parking, which is helpful in this community. Residents can enjoy a party room for gatherings and activities. Nearby, you will find restaurants like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC. The neighborhood has plenty to offer, including parks and shops within walking distance. The Green Line train is just an 8-minute drive away, making travel simple. Schools in River Forest are also nearby, adding to the appeal for families. Overall, this building provides a comfortable lifestyle in a friendly setting. Its location and amenities contribute to a pleasant living experience in the River Forest community. Enjoy the advantages of low-maintenance living and close proximity to various local attractions.

Building ImageMLS ID #12302786
Building ImageMLS ID #11491992
Building Image
Building ImageView Listing

1540 Park Ave

1540 Park Ave, River Forest, IL, 60305

YEAR BUILT

1964

# STORIES

3

# TOTAL UNITS

7

UNIT SIZE RANGE

650-1,200 sqft

Description

1540 Park Ave is a low-rise building located in River Forest, IL. It has 3 stories and consists of 6 units. This structure was built in 1964 and offers a solid concrete construction, providing durability and peace of mind. The available units range from 650 to 1,200 square feet. There are both 1-bedroom and 2-bedroom options. Prices for the units fall between $181,500 and $215,000. This puts the average price per square foot at around $196 based on recent sales. Recently, the average time these units stayed on the market was 30 days. This gives potential buyers time to evaluate their choices. The building includes amenities like free laundry, air conditioning, and private storage for each unit, which adds to the living experience. Living here allows easy access to parking, which is helpful in this community. Residents can enjoy a party room for gatherings and activities. Nearby, you will find restaurants like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC. The neighborhood has plenty to offer, including parks and shops within walking distance. The Green Line train is just an 8-minute drive away, making travel simple. Schools in River Forest are also nearby, adding to the appeal for families. Overall, this building provides a comfortable lifestyle in a friendly setting. Its location and amenities contribute to a pleasant living experience in the River Forest community. Enjoy the advantages of low-maintenance living and close proximity to various local attractions.

Next

Description

1540 Park Ave is a low-rise building located in River Forest, IL. It has 3 stories and consists of 6 units. This structure was built in 1964 and offers a solid concrete construction, providing durability and peace of mind. The available units range from 650 to 1,200 square feet. There are both 1-bedroom and 2-bedroom options. Prices for the units fall between $181,500 and $215,000. This puts the average price per square foot at around $196 based on recent sales. Recently, the average time these units stayed on the market was 30 days. This gives potential buyers time to evaluate their choices. The building includes amenities like free laundry, air conditioning, and private storage for each unit, which adds to the living experience. Living here allows easy access to parking, which is helpful in this community. Residents can enjoy a party room for gatherings and activities. Nearby, you will find restaurants like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC. The neighborhood has plenty to offer, including parks and shops within walking distance. The Green Line train is just an 8-minute drive away, making travel simple. Schools in River Forest are also nearby, adding to the appeal for families. Overall, this building provides a comfortable lifestyle in a friendly setting. Its location and amenities contribute to a pleasant living experience in the River Forest community. Enjoy the advantages of low-maintenance living and close proximity to various local attractions.

1540 Park Ave Key Stats Last 12 months

Avg. Listed Price$227,400($198/Sqft.)
Avg. Sale Price$215,000($196/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market30 days
Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings2 Listed
Total sold1 Sold
Average Days on Market30 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

Medium
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

1540 Park Ave Sold Listings

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 3D3D120022362026-03-20
MLS#: 12566907 		Closed$229,000
Unit 2D2D110022302025-05-23
MLS#: 12346006 		Closed$215,000
Unit 1C1C-111152022-12-08
MLS#: 11491992 		Closed$103,500
Unit 2C2C900111012022-03-29
MLS#: 11291480 		Closed$103,000
Unit 1C
1C

1 Beds

1 Baths

0 sqft

DateStatusPrice
2022-12-08Closed$103,500
MLS#: 11491992
Days On Market115
Unit 2C
2C

1 Beds

1 Baths

900 sqft

DateStatusPrice
2022-03-29Closed$103,000
MLS#: 11291480
Days On Market101
Unit 2D
2D

2 Beds

2 Baths

1100 sqft

DateStatusPrice
2025-05-23Closed$215,000
MLS#: 12346006
Days On Market30
Unit 3D
3D

2 Beds

2 Baths

1200 sqft

DateStatusPrice
2026-03-20Closed$229,000
MLS#: 12566907
Days On Market36
View Complete Unit Listing HistorySource By: MRED

Amenities

One of the highlights of living in this lovely condo building is the array of amenities designed for your convenience. Imagine having access to a laundry room, making the chore of washing clothes a breeze! The party room is another great feature; it’s ideal for hosting get-togethers with friends and family or simply enjoying a quiet evening with a book. These shared spaces foster connections among neighbors and create a friendly, engaging living environment.

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Amenities Description

One of the highlights of living in this lovely condo building is the array of amenities designed for your convenience. Imagine having access to a laundry room, making the chore of washing clothes a breeze! The party room is another great feature; it’s ideal for hosting get-togethers with friends and family or simply enjoying a quiet evening with a book. These shared spaces foster connections among neighbors and create a friendly, engaging living environment.

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

Laundry

Laundry

Coin Laundry

Coin Laundry

Party Room

Party Room

Storage

Storage

Policies

1540 Park Ave embraces the needs of pet owners with a welcoming policy towards both cats and dogs. While there are some number limitations in place, your furry friends will undoubtedly enjoy the green spaces nearby. It's comforting to know that you can create a home with your beloved pets by your side in this thoughtful community.

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Amenities Description

1540 Park Ave embraces the needs of pet owners with a welcoming policy towards both cats and dogs. While there are some number limitations in place, your furry friends will undoubtedly enjoy the green spaces nearby. It's comforting to know that you can create a home with your beloved pets by your side in this thoughtful 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)
1540 Park Ave$196/sqft.$2 /sqft.
1540 Park Avenue$196/sqft.$2 /sqft.
1535 Park Avenue Condominiums$261/sqft.$3 /sqft.
1535 Forest Avenue Condominiums$233/sqft.$4 /sqft.
1535 Forest Ave$198/sqft.$4 /sqft.
Elm Tower$160/sqft.$4 /sqft.

Nearby Schools

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|0.3 miles away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|0.38 miles away

Elm Middle School

C
Public|Grades 6–8
7607 W Cortland St|0.43 miles away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|0.49 miles away

Trinity High School

--
Private|Grades 9–12
7574 Division St|0.55 miles away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|0.83 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|Less than 1 Mile Away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|Less than 1 Mile Away

Elm Middle School

C
Public|Grades 6–8
7607 W Cortland St|Less than 1 Mile Away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|Less than 1 Mile Away

Trinity High School

--
Private|Grades 9–12
7574 Division St|Less than 1 Mile Away

Concordia Univ Early Childhood Education Center

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

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|Less than 1 Mile Away

Elmwood Elementary School

B-
Public|Grades KG–5
2319 N 76th Ave|1.01 Miles Away

Elmwood Park High School

B-
Public|Grades 9–12
8201 W Fullerton A...|1.07 Miles Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|1.14 Miles Away

Sayre Elementary Language Academy

C-
Public|Grades PK–8
1850 N Newland Ave|1.17 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|1.21 Miles Away

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|1.35 Miles Away

Jane Addams Elementary School

B+
Public|Grades PK–5
910 Division St|1.38 Miles Away

Des Plaines Valley Efe

--
Public|Grades 9–12
2000 5th Ave # M10...|1.43 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|1.49 Miles Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|1.51 Miles Away

Lincoln Elementary School

B-
Public|Grades PK–5
811 Chicago Ave|1.56 Miles Away

River Grove Elementary School

A-
Public|Grades PK–8
2650 Thatcher Ave|1.59 Miles Away

Rhodes Elementary School

C
Public|Grades PK–8
8931 Fullerton Ave|1.63 Miles Away

John Mills Elementary School

B+
Public|Grades PK–5
2824 N 76th Ave|1.64 Miles Away

Walther Christian Academy

--
Private|Grades 6–12
900 Chicago Ave|1.65 Miles Away

The Field School

--
Private|Grades PK–6
931 Lake St|1.78 Miles Away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|1.79 Miles Away

Acero Charter School Newtwork - Roberto Clemente Campus

C-
Public|Grades KG–8
2050 N Natchez Ave|1.80 Miles Away

Sacred Heart Catholic School

--
Private|Grades PK–8
815 N 16th Ave|1.89 Miles Away

Sacred Heart School

--
Private|Grades PK–8
815 N 16th Ave|1.89 Miles Away

Lovett Elementary School

C-
Public|Grades PK–8
6333 W Bloomingdal...|1.90 Miles Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|1.94 Miles Away

William Hatch Elementary School

A
Public|Grades PK–5
1000 N Ridgeland A...|1.95 Miles Away

Stevenson Middle School

D
Public|Grades 6–8
1630 N 20th Ave|1.99 Miles Away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|2.00 Miles Away

Transit

5th/Andy

1.13 miles away|22 min walk

5th/Augusta

1.24 miles away|24 min walk

5th/Belden

1.34 miles away|26 min walk

5th/Braddock

1.07 miles away|21 min walk

5th/Cernan Center

1.17 miles away|23 min walk

5th/Chicago

1.4 miles away|27 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

5th/Andy

1.13 miles away|22 min walk

5th/Augusta

1.24 miles away|24 min walk

5th/Belden

1.34 miles away|26 min walk

5th/Braddock

1.07 miles away|21 min walk

5th/Cernan Center

1.17 miles away|23 min walk

5th/Chicago

1.4 miles away|27 min walk

5th/Concord

1.09 miles away|21 min walk

5th/Division

1.11 miles away|22 min walk

5th/Doris

1.06 miles away|21 min walk

5th/Elsie

1.03 miles away|20 min walk

5th/Erie

1.54 miles away|30 min walk

5th/Gottlieb/RR Tracks

1 miles away|20 min walk

5th/Hemingway Dr.

1.11 miles away|22 min walk

5th/Hugh Muir

1.32 miles away|26 min walk

5th/Huron

1.49 miles away|29 min walk

5th/Lake

1.59 miles away|31 min walk

5th/Lyndale

1.3 miles away|25 min walk

5th/Main

1.66 miles away|32 min walk

5th/Maple

1.85 miles away|36 min walk

5th/Maywood Park/Crosswalk

1 miles away|20 min walk

5th/Nichols

1.21 miles away|24 min walk

5th/North

0.99 miles away|20 min walk

5th/Oak

1.8 miles away|35 min walk

5th/Pace Shelter/Botanical Gardens

1.12 miles away|22 min walk

5th/Pace Sign/Public Storage

1.02 miles away|20 min walk

5th/Palmer

1.26 miles away|25 min walk

5th/Pine

1.95 miles away|38 min walk

5th/Public Storage/Pace Sign

1.03 miles away|20 min walk

5th/Randolph

1.9 miles away|37 min walk

5th/Rice

1.36 miles away|27 min walk

5th/River

1.39 miles away|27 min walk

5th/Rose

1.05 miles away|21 min walk

5th/St. Charles

1.71 miles away|33 min walk

5th/Superior

1.45 miles away|28 min walk

5th/Walton

1.28 miles away|25 min walk

5th/Winston

1.16 miles away|23 min walk

800 W North Ave

1.18 miles away|23 min walk

8311 W North Ave

0.56 miles away|11 min walk

Broadway Ave & Division St

1.95 miles away|38 min walk

Broadway Ave & Hirsch St

1.9 miles away|37 min walk

Broadway Ave & Le Moyne St

1.88 miles away|37 min walk

Broadway Ave & North Ave

1.88 miles away|36 min walk

Broadway Ave & Norwood St

1.92 miles away|37 min walk

Broadway Ave & Thomas St

1.98 miles away|38 min walk

Diversey & Neva Terminal

1.73 miles away|34 min walk

Diversey & Newcastle

1.98 miles away|38 min walk

Diversey & Newland

1.9 miles away|37 min walk

Diversey & Nordica

1.79 miles away|35 min walk

Diversey & Sayre

1.85 miles away|36 min walk

Elmwood Park

1.17 miles away|23 min walk

The Neighbourhood: 1540 Park Ave

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1540 Park Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.32% are children aged 0–14, 19.7% are young adults between 15–29, 20.62% are adults aged 30–44, 19.61% are in the 45–59 range and 22.75% are seniors aged 60 and above. Commuting options are also varying where 73.61% of residents relying on driving, while others prefer public transit around 11.48%, walking around 2.04%, biking around 0.31%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 68.51% of units owner occupied and 31.49% are rented. The neighborhood offers different household types. About 31.8% are single family homes and 6.12% are multi family units. Around 35.12% are single-person households, while 64.88% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 23.24% of residents have bachelor’s degrees. Around 20.91% have high school or college education. Another 8.17% hold diplomas while 20.46% have completed postgraduate studies. The remaining are 27.23% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 17.32% are children aged 0–14, 19.7% are young adults between 15–29, 20.62% are adults aged 30–44, 19.61% are in the 45–59 range and 22.75% are seniors aged 60 and above. Commuting options are also varying where 73.61% of residents relying on driving, while others prefer public transit around 11.48%, walking around 2.04%, biking around 0.31%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 68.51% of units owner occupied and 31.49% are rented. The neighborhood offers different household types. About 31.8% are single family homes and 6.12% are multi family units. Around 35.12% are single-person households, while 64.88% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 23.24% of residents have bachelor’s degrees. Around 20.91% have high school or college education. Another 8.17% hold diplomas while 20.46% have completed postgraduate studies. The remaining are 27.23% with other types of qualifications.

Age Demographics

17.32% (0 - 14 years old)

19.7% (15 - 29 years old)

20.62% (30 - 44 years old)

19.61% (45 - 59 years old)

22.75% (60+ years old)

Commute

11.48%

Transit

2.04%

Walk

73.61%

Drive

0.31%

Bike

Housing Ownership

68.51%

Owner Occupied

31.49%

Rental Units

Household Types

31.8%

Single Family

6.12%

Multi Family

35.12%

Single Person

64.88%

Multi Person

Education

Bachelors Degree23.24%
High School College20.91%
Diploma8.17%
Post Graduate20.46%
Others27.23%
Next

Education

Diploma8.17%
Post Graduate20.46%
Others27.23%
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    1540 Park Ave
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