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$224,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 850 Sq. Ft.
  • Updated 23 hours ago
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** ATTRACTIVE & AFFORDABLE ** A great opportunity to enjoy all that River Forest has to offer and then some! This spacious two-bedroom, one-bath condominium is ideal for a first-time buyer, someone looking to downsize, or an investor seeking a conveniently located property near area colleges and public transportation. Hardwood flooring flows throughout the generously sized living room, L-shaped dining area, hallway, and both bedrooms. The flexible dining area could also serve as a comfortable home office, while the inviting eat-in kitchen provides plenty of room for everyday dining. The kitchen features brand-new luxury vinyl flooring and stainless steel appliances, including a new stove (September 2026) and a newer microwave, dishwasher and refrigerator. The bright bathroom has also been refreshed with a new vanity. The well-maintained building offers convenient laundry facilities and additional storage. One deeded parking space is included. The outstanding location places you just two blocks from the Metra, approximately six blocks from the Harlem Green Line station, and close to Trader Joe's, Whole Foods, Jewel-Osco, coffee shops, and trendy bakeries. Vibrant Downtown Oak Park, with its abundance of dining, shopping, theater, comedy, and cafes, is only minutes away. Further enhancing this exceptional location is access to three highly rated schools: Lincoln Elementary School, Roosevelt Middle School, and Oak Park and River Forest High School. Clean, polished, and move-in ready, this condo provides a great opportunity to become part of a wonderful community or add a well-located property to your investment portfolio.

Full Property Details for 406 Franklin Ave #2D

General

  • Price: $224,900
  • HOA FEE: $492/month
  • Taxes: $4,280 (2025)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12756957

Interior

  • Basement: None
  • Interior Features: Storage
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Hardwood, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Additional Information

  • Shared Amenities: Coin Laundry, Storage

Parking

  • Total Spaces: 1
  • Parking Features: Assigned, Direct Access, Parking Lot, Yes, Owned

Location

  • Area: River Forest
  • County: Cook
  • Township: River Forest
  • Driving Directions: Lake Street to Franklin Avenue S to Property

School Information

  • School District: 90
  • Elem School District: 90
  • Midd School District: 90
  • High School District: 200
  • Elementary School: Lincoln Elementary School
  • Middle School: Roosevelt School
  • High School: Oak Park & River Forest High Sch
  • Private School: Oak Park & River Forest High Sch

Community

  • Assoc. Fees Include: Heat, Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Pets Allowed: Yes
  • Pets: Cats OK, Dogs OK
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: Real Estate Investor Service

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Natural Gas, Steam, Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Structure Type: Condo
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Common Walls: End Unit
  • Sub-Flooring: Hardwood, Laminate
  • Entry Floor Number: 2
  • Stories/Levels: 1
  • Square Feet: 850
  • Sq. Ft. Source: Estimated
  • Year Built: 1965
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Dimensions: common

Animals

  • Animals Allowed: Cats OK, Dogs OK

Financial Considerations

  • Association Fee: $492
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 1965
  • Tax Amount: $4,280.76
  • Tax Year: 2025
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 15121150181007

Listed by RE/MAX At Home

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— 406 Franklin Ave #2D —

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Schools serving 406 Franklin Ave #2D

School Districts:River Forest School District 90, Oak Park and River Forest District 200
NameGradesDistance
Lincoln Elementary School, River Forest, IL
511 Park Avenue, River Forest, IL 60305
PK-40.1 mi
Roosevelt School
7560 Oak Avenue, River Forest, IL 60305
5-80.4 mi
Oak Park & River Forest High School
201 North Scoville Avenue, Oak Park, IL 60302
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 406 Franklin Ave #2D

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,936
—
$14,377
—
2023
$3,936
-13%
$14,376
3%
2022
$4,501
4%
$13,939
—
2021
$4,335
2%
$13,939
—
2020
$4,236
-5%
$13,939
-3%
2019
$4,458
-16%
$14,361
-20%
2018
$5,276
—
$17,953
—
2017
$5,257
17%
$17,953
28%
2016
$4,501
2%
$13,993
—
2015
$4,422
9%
$13,993
—
2014
$4,051
9%
$13,993
6%
2013
$3,731
-2%
$13,222
—
2012
$3,792
—
$13,222
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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406 Franklin Avenue #2D, River Forest, IL 60305 (MLS# 12756957) is a Condo property with 2 bedrooms and 1 full bathroom. 406 Franklin Avenue #2D is currently listed for $224,900 and was received on September 18, 2026. Want to learn more about 406 Franklin Avenue #2D? Do you have questions about finding other Condo real estate for sale in River Forest? You can browse all River Forest real estate or contact a Coldwell Banker agent to request more information.

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