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CondominiumResidential

406 Franklin Ave

RIVER FOREST, IL 60305
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1966
Year BuiltThe year the home was originally built, according to county records.
Built 196622 units880–1,190 ft²
$4.2M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$194K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$173
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-41.0%vs the River Forest ZIP median sale $/ft² ($294)

Sales Performance

$166K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
1
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
4.5%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+4.4%per yeartypical hold 7.6 yrsfrom 20 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19992002200520082015201720212025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19992002200520082015201720212025

39 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$153K$208K$264K$320K880 ft²942 ft²1,004 ft²1,066 ft²1,128 ft²1,190 ft²
1 bd2 bd
Studio
9 units
1 bed
4 units
2 bed
9 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 1 ba · 1,105 ft²
6 units
1 bd · 1 ba · 880 ft²
4 units
One-off layouts
12 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$153K–$156K
4 units
$176K–$194K
14 units
$200K–$200K
2 units
$233K–$233K
1 unit
$320K–$320K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.36%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.32%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.9.4 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.0%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.40%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$179,245
Median tax billThe middle annual property tax bill among the building's units.$758
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.1

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 1AOct 29, 2025$165,500Unit 2ANov 14, 2023$145,000Unit P7Nov 14, 2023$145,000Unit 3BJun 9, 2021$115,000Unit P5Apr 11, 2019$131,000Unit 3ASep 13, 2018$120,000Unit P2Sep 13, 2018$120,000Unit 2BFeb 27, 2017$96,000Unit P3Feb 27, 2017$96,000Unit 1AFeb 23, 2017$145,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.36
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
1
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
68
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
65
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCOOK
Lot (acres)The size of the land the home sits on, from county records.0.23
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Lincoln Elementary SchoolA+
Elementary · Grades PK–4 · 0.1 mi
M
Roosevelt SchoolA
Middle · Grades 5–8 · 0.4 mi
H
Oak Park & River Forest High SchoolA+
High · Grades 9–12 · 1.5 mi

District: Oak Park and River Forest District 200

Neighborhood · ZIP 60305These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.29
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.133
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.1.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.11,189
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,804 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$151,502
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$232,452
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.37 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.54%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

406 Franklin Ave Apt 1a
2 bd · 1 ba · 1,105 ft²
$176K
406 Franklin Ave # 1b
2 bd · 1 ba · 1,190 ft²
$320K
406 Franklin Ave Apt 1c
2 bd · 1 ba · 1,105 ft²
$190K
406 Franklin Ave # P1
2 bd · 1.5 ba
$200K
406 Franklin Ave Apt 2a
2 bd · 1 ba · 1,105 ft²
$179K
406 Franklin Ave Apt 2b
1 bd · 1 ba · 880 ft²
$155K
406 Franklin Ave Apt 2c
1 bd · 1 ba · 880 ft²
$153K
406 Franklin Ave Apt 2d
2 bd · 1 ba · 1,105 ft²
$192K
406 Franklin Ave # P2
$233K
406 Franklin Ave Apt 3a
2 bd · 1 ba · 1,105 ft²
$176K
406 Franklin Ave # 3b
1 bd · 1 ba · 880 ft²
$156K
406 Franklin Ave Apt 3c
1 bd · 1 ba · 880 ft²
$153K
406 Franklin Ave Apt 3d
2 bd · 1 ba · 1,105 ft²
$193K
406 Franklin Ave # P3
$194K
406 Franklin Ave # P4
$194K
406 Franklin Ave # P5
$194K
406 Franklin Ave # P6
$194K
406 Franklin Ave # P7
$194K
406 Franklin Ave # P8
$194K
406 Franklin Ave # P9
$194K
406 Franklin Ave # P10
$194K
406 Franklin Ave # P11
2 bd · 1 ba
$200K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 406 Franklin Ave

How many units are in 406 Franklin Ave, River Forest, IL?

406 Franklin Ave, River Forest, IL has 22 residential units across built in 1966, according to county assessor records.

What is a unit at 406 Franklin Ave, River Forest, IL worth?

The median TopHap Estimate across the 22 units at 406 Franklin Ave, River Forest, IL is $193,580. That works out to $173 per square foot. Units run from 880 to 1,190 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 406 Franklin Ave, River Forest, IL expensive for River Forest?

Units at 406 Franklin Ave, River Forest, IL carry a median of $173 per square foot, 41% below the River Forest median of $294 per square foot.

How often do units sell at 406 Franklin Ave, River Forest, IL?

1 units at 406 Franklin Ave, River Forest, IL sold in the last 12 months, out of 39 recorded arms-length sales all time. That is a turnover rate of 4.5% of the building per year. The median sale over that period was $166K.

Have units at 406 Franklin Ave, River Forest, IL appreciated?

Across 20 repeat sales of the same unit, 406 Franklin Ave, River Forest, IL returned a median 4.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.6 years.

What floor plans does 406 Franklin Ave, River Forest, IL have?

The most common plan at 406 Franklin Ave, River Forest, IL is a 2-bedroom of 1,105 square feet, repeated 6 times, with a median estimate of $184,163. TopHap identifies 2 recurring plans in the building.

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Assigned schools

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