In Oak Park, the median property sales price in June 2025 was $466,000, and in River Forest it, was $661,000. While the median price of homes has continued to rise in the two suburbs, the number of single-family homes on the market has remained low. On the upper end of the market, both villages saw a healthy interest in homes priced well above the median price during the busy spring market.
In the past three months, Oak Park has recorded 13 sales of homes priced at $1.1 million to $1.4 million. River Forest has recorded six sales in that price range. As the summer sales period slows down, we take a look at what $1.2 million buys you locally.
In Oak Park, three properties are listed in the $1.2 million price range.
1118 N. Kenilworth Ave. is priced at $1.2 million. Built in 1929, the brick home is on a parkway and includes five bedrooms and three- and one-half bathrooms. An arched front door, original staircase and detailed brickwork speak to the home’s history. Inside, the kitchen has been updated and all five bedrooms are on the second floor. Property taxes were $30,541 in 2023.
The home at 519 N. Elmwood Ave. is for sale for $1,179,000. The John W. Morgan Home was built in 1910 and designed by architect Thornton Herr. The stucco house has brick accents, an arched front door and loads of Prairie details in its original woodwork and living room fireplace. There are four bedrooms and three bathrooms in the main house. A newly built coach house garage was designed to complement the home’s style and includes another full bathroom and living space. Property taxes in 2023 were $34,807.
At 1143 Clinton Ave., a newly constructed home promising late fall delivery is priced at $1,250,000. At four bedrooms and three- and one-half bathrooms, the completed home will boast over 3,600 square feet. With white siding and black trim, the modern farmhouse style home will include ten-foot ceilings on the first floor and modern touches in the kitchen and bathrooms. Property taxes for 2023 for the property were $13,692 and do not reflect the value of the new home.
In River Forest there are also three homes on the market priced at roughly $1,200,000.
213 Ashland Ave. is priced at $1,195,000. Built in 1922, the home has been recently remodeled. Inside, the 1,200-square-foot home offers five bedrooms and four- and one-half bathrooms. The home has a new kitchen, three bedrooms, including a primary suite on the second floor, and two bedrooms and two bathrooms in the fully finished basement. Property taxes in 2023 were $12,602 and may not reflect the renovations to the home.
The home at 820 Monroe Ave. is listed at $1,295,000. The five bedroom, four- and one-half bathroom house was built in 1924 by the Buurma brothers, known for their properties in River Forest. The brick, Colonial style home has a newly renovated kitchen and bathrooms and includes a finished attic and a basement with a bar. Property taxes in 2023 were $26,468.
500 Auvergne Place is on the market at $1,250,000. Built in 1981, the contemporary home has four bedrooms, three- and one-half bathrooms and roughly 3,300 square feet of living space. The home features an inground pool, complete with pool house. Property taxes in 2023 were $24,365.
