Why Live in Forest River
Forest River in Mount Prospect, a neighborhood that originated from subdivided farmland in the 1930s, features a mix of housing styles from different eras, including 1930s homes, midcentury houses, and modern townhouses from the 2020s. The area is characterized by long driveways, attached garages, and tall mature trees, though sidewalks may be sparse. Despite being 23 miles northwest of Chicago, Forest River maintains a suburban feel with rural green surroundings. The neighborhood is known for its outstanding public schools, including Indian Grove Elementary, River Trails Middle, and John Hersey High, all of which have high ratings. Outdoor enthusiasts are drawn to the area for its extensive nature reserves along the Des Plaines River, offering activities like canoeing, hiking, horseback riding, biking, and cross-country skiing. Burning Bush Trails Park and several other local parks provide facilities for sports and picnicking. Dining options in Forest River are diverse, with sushi, Mexican food, and modern American cuisine available, along with local favorites like Buddy’s Bites and Brews and Fry the Coop. For daily essentials, residents can visit nearby stores such as Dollar Tree and Abarrotes La Rosita, while larger supermarkets are located in adjacent Mount Prospect. Major highways, including Interstate 294 and Route 45, facilitate commuting, and the Prospect Heights Metra station offers additional transportation options. Despite periodic flooding from the Des Plaines River, the neighborhood's appeal lies in its blend of suburban living and outdoor recreational opportunities.
Frequently Asked Questions
Is Forest River a good place to live?
Forest River is a good place to live. Forest River is considered car-dependent and somewhat bikeable with minimal transit options. Forest River has 11 parks for recreational activities. It is fairly sparse in population with 4.6 people per acre and a median age of 40. The average household income is $90,308 which is below the national average. College graduates make up 39.2% of residents. A majority of residents in Forest River are home owners, with 40.4% of residents renting and 59.6% of residents owning their home. A
local real estate agent serving Forest River can help you decide if this neighborhood is the right one for you. Learn more on our
Forest River neighborhood guide.
Is Forest River, IL a safe neighborhood?
Forest River, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Forest River?
The median home price in Forest River is $229,900. If you put a 20% down payment of $46,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,160 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $50K a year to afford the median home price in Forest River. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Forest River is $90K.
What are the best public schools in Forest River?
The best public schools that serve Forest River are:
What are the best private schools in Forest River?
The best private schools that serve Forest River are:
What are the most popular zip codes in Forest River, Mount Prospect, IL?
What are the most popular neighborhoods near Forest River, Mount Prospect, IL?
Home Trends in Forest River, IL
On average, homes in Forest River, Mount Prospect sell after 24 days on the market compared to the national average of 55 days. The median sale price for homes in Forest River, Mount Prospect over the last 12 months is $225,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$225,000
Median Single Family Sale Price
$527,500
Median Townhouse Sale Price
$405,000
Median 2 Bedroom Sale Price
$208,557
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$215
Number of Homes for Sale
9
Last 12 months Home Sales
169
Median List Price
$229,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%