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

1540 Park Avenue, River Forest, IL, 60305

YEAR BUILT

1964

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

1,150-1,250 sqft

Description

The building at 1540 Park Avenue sits in River Forest, Illinois, at the intersection of Park Avenue and Lake Street. This low-rise structure has 3 stories and is home to 11 units. It was built in 1964, showing its timeless appeal. Units in the building are available with 1 or 2 bedrooms. They range in size from 1,150 to 1,250 square feet. Recent pricing shows units selling between $181,500 and $215,000. This averages out to about $196 per square foot based on recent sales. The market is active, with an average of 30 days on the market. This timeframe allows buyers to make informed decisions. The area offers various dining options like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC, making it easy to enjoy local food. Residents can take advantage of nearby laundry facilities and a party room for gatherings. The amenities provide added comfort and enjoyment while living in this community. Parking is available, which adds to the convenience. Moreover, the building is just a short drive from water bodies, allowing for leisure activities. The neighborhood presents a balance of community feel and vibrant local businesses. This makes living here comfortable and enjoyable for all residents.

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

1540 Park Avenue

1540 Park Avenue, River Forest, IL, 60305

YEAR BUILT

1964

# STORIES

3

# TOTAL UNITS

11

UNIT SIZE RANGE

1,150-1,250 sqft

Description

The building at 1540 Park Avenue sits in River Forest, Illinois, at the intersection of Park Avenue and Lake Street. This low-rise structure has 3 stories and is home to 11 units. It was built in 1964, showing its timeless appeal. Units in the building are available with 1 or 2 bedrooms. They range in size from 1,150 to 1,250 square feet. Recent pricing shows units selling between $181,500 and $215,000. This averages out to about $196 per square foot based on recent sales. The market is active, with an average of 30 days on the market. This timeframe allows buyers to make informed decisions. The area offers various dining options like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC, making it easy to enjoy local food. Residents can take advantage of nearby laundry facilities and a party room for gatherings. The amenities provide added comfort and enjoyment while living in this community. Parking is available, which adds to the convenience. Moreover, the building is just a short drive from water bodies, allowing for leisure activities. The neighborhood presents a balance of community feel and vibrant local businesses. This makes living here comfortable and enjoyable for all residents.

Next

Description

The building at 1540 Park Avenue sits in River Forest, Illinois, at the intersection of Park Avenue and Lake Street. This low-rise structure has 3 stories and is home to 11 units. It was built in 1964, showing its timeless appeal. Units in the building are available with 1 or 2 bedrooms. They range in size from 1,150 to 1,250 square feet. Recent pricing shows units selling between $181,500 and $215,000. This averages out to about $196 per square foot based on recent sales. The market is active, with an average of 30 days on the market. This timeframe allows buyers to make informed decisions. The area offers various dining options like Jim & Pete's Restaurant, Armands Pizzeria, and Burger Boss LLC, making it easy to enjoy local food. Residents can take advantage of nearby laundry facilities and a party room for gatherings. The amenities provide added comfort and enjoyment while living in this community. Parking is available, which adds to the convenience. Moreover, the building is just a short drive from water bodies, allowing for leisure activities. The neighborhood presents a balance of community feel and vibrant local businesses. This makes living here comfortable and enjoyable for all residents.

1540 Park Avenue Market Stats Last 12 months

Avg. Listed Price$214,900($196/Sqft.)
Avg. Sale Price$215,000($196/Sqft.)
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market30 days
Average HOA fees per sqft$2 /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 Market30 days
Average HOA fees per sqft$2 /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

1540 Park Avenue Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 2D2D110022302025-05-23
MLS#: 12346006 		Closed$215,000
Unit 1C1C-11862021-05-04
MLS#: 10989271 		Closed$98,000
Unit 3D3D120022572019-08-13
MLS#: 10419348 		Closed$181,500
Unit 1C
1C

1 Beds

1 Baths

0 sqft

DateStatusPrice
2021-05-04Closed$98,000
MLS#: 10989271
Days On Market86
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
2019-08-13Closed$181,500
MLS#: 10419348
Days On Market57
View Complete Unit Listing HistorySource By: MRED

Amenities

What’s your formula for a perfect living experience? At 1540 Park Avenue, you’ll find wonderful amenities designed to enhance your lifestyle. Need to do laundry? A dedicated laundry area is available for your convenience. Thinking of hosting a gathering? The party room provides a perfect venue for friends and family to enjoy your new abode together. These practical amenities not only simplify tasks but enhance community interactions, creating lasting bonds in your new neighborhood.

Next

Amenities Description

What’s your formula for a perfect living experience? At 1540 Park Avenue, you’ll find wonderful amenities designed to enhance your lifestyle. Need to do laundry? A dedicated laundry area is available for your convenience. Thinking of hosting a gathering? The party room provides a perfect venue for friends and family to enjoy your new abode together. These practical amenities not only simplify tasks but enhance community interactions, creating lasting bonds in your new neighborhood.

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

Laundry

Laundry

Coin Laundry

Coin Laundry

Party Room

Party Room

Storage

Storage

Policies

Bringing a furry friend into your new home? Great news — both cats and dogs are welcome here! These inclusive building policies ensure you can share your vibrant lifestyle with your cherished pets. Just note that there's a limit on the number of pets you can have. This balance allows you to enjoy animal companionship while also respecting the comfort of your neighbors.

Next

Amenities Description

Bringing a furry friend into your new home? Great news — both cats and dogs are welcome here! These inclusive building policies ensure you can share your vibrant lifestyle with your cherished pets. Just note that there's a limit on the number of pets you can have. This balance allows you to enjoy animal companionship while also respecting the comfort of your neighbors.

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 Avenue$196/sqft.$2 /sqft.
1540 Park Ave$196/sqft.$2 /sqft.
1535 Park Avenue Condominiums$261/sqft.$3 /sqft.
1535 Forest Avenue Condominiums$233/sqft.$4 /sqft.
1535 Forest Ave$210/sqft.$4 /sqft.
Elm Tower$160/sqft.$4 /sqft.

Nearby Schools

Discover top-rated schools located close to 1540 Park Avenue.

St Vincent Ferrer Elementary School

--
Private|Grades PK–8
1515 Lathrop Ave|0.4 miles away

Willard Elementary School

A-
Public|Grades PK–4
1250 Ashland Ave|0.52 miles away

Elm Middle School

C
Public|Grades 6–8
7607 W Cortland St|0.57 miles away

Keystone Montessori School

--
Private|Grades PK–8
7415 North Ave|0.66 miles away

Trinity High School

--
Private|Grades 9–12
7574 Division St|0.74 miles away

Concordia Univ Early Childhood Education Center

--
Private|Grades PK–KG
7400 Augusta St|1.12 miles away
Next

Schools

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|1.12 Miles Away

Grace Lutheran School

--
Private|Grades PK–8
7300 Division St|1.14 Miles Away

Elmwood Elementary School

B-
Public|Grades KG–5
2319 N 76th Ave|1.36 Miles Away

Elmwood Park High School

B-
Public|Grades 9–12
8201 W Fullerton A...|1.43 Miles Away

Roosevelt School

A-
Public|Grades 5–8
7560 Oak Ave|1.54 Miles Away

Sayre Elementary Language Academy

C-
Public|Grades PK–8
1850 N Newland Ave|1.56 Miles Away

Horace Mann Elementary School

A-
Public|Grades KG–5
921 N Kenilworth A...|1.63 Miles Away

Lincoln Elementary School

A
Public|Grades KG–4
511 Park Ave|1.82 Miles Away

Jane Addams Elementary School

B+
Public|Grades PK–5
910 Division St|1.86 Miles Away

Des Plaines Valley Efe

--
Public|Grades 9–12
2000 5th Ave # M10...|1.92 Miles Away

St Giles School

--
Private|Grades PK–8
1034 Linden Ave|2.00 Miles Away

Oliver W Holmes Elementary School

B+
Public|Grades KG–5
508 N Kenilworth A...|2.04 Miles Away

Lincoln Elementary School

B-
Public|Grades PK–5
811 Chicago Ave|2.10 Miles Away

River Grove Elementary School

A-
Public|Grades PK–8
2650 Thatcher Ave|2.14 Miles Away

Rhodes Elementary School

C
Public|Grades PK–8
8931 Fullerton Ave|2.18 Miles Away

John Mills Elementary School

B+
Public|Grades PK–5
2824 N 76th Ave|2.20 Miles Away

Walther Christian Academy

--
Private|Grades 6–12
900 Chicago Ave|2.22 Miles Away

The Field School

--
Private|Grades PK–6
931 Lake St|2.39 Miles Away

Grant-White Elementary School

B
Public|Grades 3–5
147 Circle Ave|2.42 Miles Away

Acero Charter School Newtwork - Roberto Clemente Campus

C-
Public|Grades KG–8
2050 N Natchez Ave|2.42 Miles Away

Sacred Heart Catholic School

--
Private|Grades PK–8
815 N 16th Ave|2.54 Miles Away

Sacred Heart School

--
Private|Grades PK–8
815 N 16th Ave|2.54 Miles Away

Lovett Elementary School

C-
Public|Grades PK–8
6333 W Bloomingdal...|2.55 Miles Away

William Hatch Elementary School

A
Public|Grades PK–5
1000 N Ridgeland A...|2.62 Miles Away

Emerson Elementary School

C
Public|Grades PK–5
311 Washington Blv...|2.62 Miles Away

Stevenson Middle School

D
Public|Grades 6–8
1630 N 20th Ave|2.68 Miles Away

Montessori Language Academy

--
Private|Grades PK–KG
314 Circle Ave|2.69 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

8311 W North Ave

0.75 miles away|15 min walk

5th/North

1.33 miles away|26 min walk

5th/Maywood Park/Crosswalk

1.34 miles away|26 min walk

5th/Gottlieb/RR Tracks

1.34 miles away|26 min walk

5th/Pace Sign/Public Storage

1.36 miles away|27 min walk

5th/Public Storage/Pace Sign

1.38 miles away|27 min walk
Next

Transit

8311 W North Ave

0.75 miles away|15 min walk

5th/North

1.33 miles away|26 min walk

5th/Maywood Park/Crosswalk

1.34 miles away|26 min walk

5th/Gottlieb/RR Tracks

1.34 miles away|26 min walk

5th/Pace Sign/Public Storage

1.36 miles away|27 min walk

5th/Public Storage/Pace Sign

1.38 miles away|27 min walk

5th/Elsie

1.39 miles away|27 min walk

5th/Rose

1.41 miles away|27 min walk

5th/Doris

1.43 miles away|28 min walk

5th/Braddock

1.44 miles away|28 min walk

5th/Concord

1.47 miles away|29 min walk

5th/Hemingway Dr.

1.48 miles away|29 min walk

5th/Division

1.5 miles away|29 min walk

5th/Pace Shelter/Botanical Gardens

1.5 miles away|29 min walk

5th/Andy

1.53 miles away|30 min walk

5th/Winston

1.57 miles away|31 min walk

5th/Cernan Center

1.57 miles away|31 min walk

Elmwood Park

1.57 miles away|31 min walk

800 W North Ave

1.58 miles away|31 min walk

5th/Nichols

1.63 miles away|32 min walk

5th/Augusta

1.67 miles away|33 min walk

5th/Palmer

1.69 miles away|33 min walk

5th/Walton

1.72 miles away|34 min walk

5th/Lyndale

1.75 miles away|34 min walk

5th/Hugh Muir

1.78 miles away|35 min walk

5th/Belden

1.8 miles away|35 min walk

5th/Rice

1.83 miles away|36 min walk

5th/River

1.87 miles away|36 min walk

5th/Chicago

1.89 miles away|37 min walk

5th/Superior

1.95 miles away|38 min walk

5th/Huron

2.01 miles away|39 min walk

5th/Erie

2.07 miles away|40 min walk

5th/Lake

2.15 miles away|42 min walk

5th/Main

2.24 miles away|43 min walk

5th/St. Charles

2.3 miles away|45 min walk

Diversey & Neva Terminal

2.33 miles away|45 min walk

Diversey & Nordica

2.41 miles away|47 min walk

5th/Oak

2.42 miles away|47 min walk

Diversey & Sayre

2.48 miles away|48 min walk

5th/Maple

2.49 miles away|48 min walk

Broadway Ave & North Ave

2.52 miles away|49 min walk

Broadway Ave & Le Moyne St

2.53 miles away|49 min walk

Broadway Ave & Hirsch St

2.55 miles away|49 min walk

Diversey & Newland

2.55 miles away|49 min walk

5th/Randolph

2.56 miles away|50 min walk

Broadway Ave & Norwood St

2.58 miles away|50 min walk

Broadway Ave & Division St

2.61 miles away|51 min walk

5th/Pine

2.63 miles away|51 min walk

Diversey & Newcastle

2.66 miles away|51 min walk

Broadway Ave & Thomas St

2.66 miles away|52 min walk

The Neighbourhood: 1540 Park Avenue

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1540 Park Avenue Demographics

Age Demographics

0–14 Years

17.31%

15–29 Years

19.7%

30–44 Years

20.63%

45–59 Years

19.61%

60+ Years

22.75%

Commute

11.45%

Transit

2.04%

Walk

73.68%

Drive

0.31%

Bike

Housing Ownership

68.45%

Owner Occupied

31.55%

Rental Units

Household Types

Single Family
31.81%
Multi Family
6.13%
Single Person
35.11%
Multi Person
64.89%

Average Income

Household:$10,325,292.75 /yr

Individual:$5,368,785.57 /yr

Education

Bachelors Degree23.2%
High School College20.94%
Diploma8.18%
Post Graduate20.39%
Others27.29%
Next

Education

Diploma8.18%
Post Graduate20.39%
Others27.29%
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    1540 Park Avenue
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