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  • $702,000

    501 Fair Oaks Ave, Oak Park, IL 60302

    3beds
    2,050sqft
    Single Family Residence
    Built in 1920
    5,289 Square Feet Lot
    $822,700 Zestimate®
    $342/sqft
    $4,283 Estimated rent

    Home value

    $822,700

    $782,000 - $872,000

    $4,283/mo

    Zestimate® history
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    What's special

    This amazing center-entrance Prairie influenced home is a timeless classic in beautiful Central Oak Park! Close to great schools, fabulous dining, Farmer's Market, shops, parks and so much more! Bright sun-filled rooms, beautiful oak floors, and architectural details grace this space. The grand entry foyer greets you and easily flows into the large living room with stately wood burning fireplace. Open the tall solid doors to the heated front sunroom and enjoy sweeping views of your lush neighborhood! The exquisite, paneled dining room is ready for your favorite holiday entertaining. The large kitchen can handle your finest cuisine with white maple cabinetry, granite countertops and custom lighting. Do not miss the sliding door to the back deck and paver patio yard as well as the side-entrance in&out mud room! All three bedrooms are located on the second level including a luxurious Primary Suite with newer primary bath with steam shower, a walk-in closet and access to the private exterior balcony. The semi-finished basement has loads of storage or play area as well as the home's laundry room. New back yard fence for privacy. One car garage plus one car parking space. This is a fantastic home in a fantastic location! A must see!

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephen Scheuring 708-697-5900,

    Baird & Warner

    Bought with:

    Peggy Sersen

    Redfin Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 12026301MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room, Heated Sun Room, Foyer, Mud Room, Storage, Walk In Closet, Balcony/Porch/Lanai
    Primary bedroom
    • Features: Flooring (Hardwood), Window Treatments (Window Treatments), Bathroom (Full)
    • Level: Second
    • Area: 195 Square Feet
    • Dimensions: 15X13
    Bedroom 2
    • Features: Flooring (Hardwood), Window Treatments (Window Treatments)
    • Level: Second
    • Area: 156 Square Feet
    • Dimensions: 13X12
    Bedroom 3
    • Features: Flooring (Hardwood), Window Treatments (Window Treatments)
    • Level: Second
    • Area: 117 Square Feet
    • Dimensions: 13X9
    Balcony porch lanai
    • Level: Second
    • Area: 171 Square Feet
    • Dimensions: 19X9
    Bonus room
    • Level: Basement
    • Area: 414 Square Feet
    • Dimensions: 23X18
    Dining room
    • Features: Flooring (Hardwood), Window Treatments (Window Treatments)
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15X12
    Foyer
    • Features: Flooring (Hardwood)
    • Level: Main
    • Area: 98 Square Feet
    • Dimensions: 14X7
    Other
    • Features: Flooring (Carpet)
    • Level: Main
    • Area: 162 Square Feet
    • Dimensions: 18X9
    Kitchen
    • Features: Kitchen (Eating Area-Table Space), Flooring (Hardwood)
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Laundry
    • Level: Basement
    • Area: 204 Square Feet
    • Dimensions: 17X12
    Living room
    • Features: Flooring (Hardwood), Window Treatments (Window Treatments)
    • Level: Main
    • Area: 308 Square Feet
    • Dimensions: 22X14
    Mud room
    • Level: Main
    • Area: 70 Square Feet
    • Dimensions: 10X7
    Storage
    • Level: Basement
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Walk in closet
    • Features: Flooring (Hardwood)
    • Level: Second
    • Area: 40 Square Feet
    • Dimensions: 8X5
    Heating
    • Natural Gas, Steam, Radiator(s)
    Cooling
    • Central Air, Partial
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
    Features
    • Flooring: Hardwood
    • Basement: Unfinished,Full
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Living Room
    Interior area
    • Total structure area: 0
    • Total interior livable area: 2,050 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Detached, Off Street, Owned, Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: No Disability Access
    Features
    • Stories: 2
    • Exterior features: Balcony
    Lot
    • Size: 5,289 Square Feet
    • Dimensions: 43X123
    Details
    • Parcel number: 16064220210000
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Prairie
    • Property subtype: Single Family Residence
    Materials
    • Cedar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920
    • Major remodel year: 2019

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    HOA
    • Services included: None
    Location
    • Region: Oak Park

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $540,000
    • Annual tax amount: $18,452
    • Date on market: 4/11/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/14/2024Sold$702,000+4%$342/sqft
    Source: MRED as distributed by MLS GRID #12026301 Report a problem
    4/11/2024Listed for sale$675,000$329/sqft
    Source: MRED as distributed by MLS GRID #12026301 Report a problem
    3/28/2024Contingent$675,000$329/sqft
    Source: MRED as distributed by MLS GRID #12003933 Report a problem
    3/21/2024Listed for sale$675,000+25%$329/sqft
    Source: MRED as distributed by MLS GRID #12003933 Report a problem
    11/30/2020Sold$540,000-6.1%$263/sqft
    Source: MRED as distributed by MLS GRID #10905705 Report a problem
    10/22/2020Pending sale$575,000$280/sqft
    Source: Coldwell Banker Residential Brokerage #10905705 Report a problem
    10/21/2020Price change$575,000-1.7%$280/sqft
    Source: Coldwell Banker Residential Brokerage #10905705 Report a problem
    10/15/2020Listed for sale$585,000+1%$285/sqft
    Source: Coldwell Banker Residential Brokerage #10905705 Report a problem
    11/9/2019Listing removed$579,000$282/sqft
    Source: Coldwell Banker Residential Brokerage #10565875 Report a problem
    11/4/2019Listed for sale$579,000+23.2%$282/sqft
    Source: Coldwell Banker Residential Brokerage #10565875 Report a problem
    10/11/2016Sold$470,000-6%$229/sqft
    Source: Public Record Report a problem
    8/4/2016Pending sale$499,900$244/sqft
    Source: Gloor Realty Company #09208867 Report a problem
    6/22/2016Price change$499,900-3.5%$244/sqft
    Source: Gloor Realty Company #09208867 Report a problem
    4/28/2016Listed for sale$517,900+21.6%$253/sqft
    Source: Gloor Realty Company #09208867 Report a problem
    1/17/2003Sold$426,000+25.3%$208/sqft
    Source: Public Record Report a problem
    7/19/1999Sold$340,000$166/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$18,367 +4.3%$54,000
    2023$17,604 -4.6%$54,000 +12.4%
    2022$18,452 +2.6%$48,051
    2021$17,981 +9.6%$48,051
    2020$16,409 -1.9%$48,051 +2.1%
    2019$16,733 +3.9%$47,043
    2018$16,103 +2.1%$47,043
    2017$15,772 +26.2%$47,043 +40.2%
    2016$12,496 +12.1%$33,544
    2015$11,151 +7.4%$33,544
    2014$10,380 -2.4%$33,544 -5%
    2013$10,640 -0.4%$35,323
    2012$10,680 +2.3%$35,323
    2011$10,438 -23.5%$35,323 -33.1%
    2010$13,647 +8.4%$52,837
    2009$12,588 +7.9%$52,837 -7%
    2008$11,668 +5.4%$56,815 +15.6%
    2007$11,069 -12%$49,145
    2006$12,581 +2.6%$49,145
    2005$12,264 +22.9%$49,145 +32%
    2004$9,978 +7.8%$37,222
    2003$9,258 +3.9%$37,222
    2002$8,909 +19.7%$37,222 +26.9%
    2001$7,443 -3.6%$29,329
    2000$7,719 $29,329
    1999$7,719 $29,329
    Find assessor info on the county website

    Neighborhood: 60302

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Whittier Elementary School
    • Middle: Gwendolyn Brooks Middle School
    • High: Oak Park & River Forest High Sch
    • District: 97

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $822,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $822,700