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Off market
  • $580,500

    501 Oakwood Ave APT 2D, Lake Forest, IL 60045

    2beds
    1,500sqft
    Condo
    Built in 1977
    -- sqft lot
    $580,500 Zestimate®
    $387/sqft
    $2,907 Estimated rent

    Home value

    $580,500

    $540,000 - $621,000

    $2,907/mo

    Zestimate® history
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    $5,245/mo

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    What's special

    Located in the heart of downtown Lake Forest, this lovely second floor condo offers great opportunity to update and make it your own. It features a gracious living room with built-in bookshelves and glass doors that lead to a spacious outdoor balcony with sunny southern exposure. The fully equipped kitchen has space for a table and is adjacent to the dining room. There are 2 large bedrooms including the Master bedroom with large walk-in closet and private bath. There is a full bath in the hall for the 2nd bedroom. Enjoy the convenience of in-unit laundry. This elevator building has one heated garage space and a large storage cage. Prime location near shopping, restaurants & Metra train. Wonderful opportunity & value!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard, Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 2,029 Square Feet
    Details
    • Parcel number: 1233123011

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $854 monthly
    Location
    • Region: Lake Forest

    Financial & listing details

    • Price per square foot: $387/sqft
    • Tax assessed value: $506,940
    • Annual tax amount: $10,104

    Price history

    DateEventPrice
    7/31/2018Sold$362,500-9.1%$242/sqft
    Source: MRED as distributed by MLS GRID #09894146 Report a problem
    6/20/2018Pending sale$399,000$266/sqft
    Source: Griffith Grant & Lackie #09894146 Report a problem
    6/5/2018Price change$399,000-3.9%$266/sqft
    Source: Griffith Grant & Lackie #09894146 Report a problem
    3/24/2018Listed for sale$415,000+15.6%$277/sqft
    Source: Griffith Grant & Lackie #09894146 Report a problem
    3/23/2018Sold$359,000$239/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$10,104 +3.1%$175,366 +3.8%
    2023$9,803 +38%$168,963 +8.5%
    2022$7,103 +3%$155,755 +26.2%
    2021$6,893 +2.3%$123,468 +0.3%
    2020$6,740 +5.3%$123,080 +1.9%
    2019$6,402 -9.5%$120,821 -16.1%
    2018$7,071 $144,037 +1.7%
    2017$7,071 +5.9%$141,629 +5.1%
    2016$6,680 +27.9%$134,807 +6.2%
    2015$5,222 +1.1%$126,937 +28.2%
    2014$5,164 +1.7%$99,000 -0.9%
    2012$5,075 -13.9%$99,859 -23%
    2011$5,892 +10.6%$129,728 +1.9%
    2010$5,330 -0.4%$127,272 -8.4%
    2009$5,353 +1.4%$138,989 -2%
    2008$5,279 +8.7%$141,768 +2.8%
    2006$4,858 +25.9%$137,960
    2005$3,859 -3.9%--
    2004$4,014 +0.7%--
    2003$3,987 -0.8%--
    2002$4,018 +92.1%--
    2001$2,092 -56.6%$93,290 -9.5%
    2000$4,823 $103,069
    Find assessor info on the county website

    Neighborhood: 60045

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sheridan Elementary School
    • Middle: DEER PATH MIDDLE SCHOOL
    • High: Lake Forest High School

    Source: The MLS. 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
    $580,500
    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
    $580,500