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  • $520,000

    506 Forest Ave, Oak Park, IL 60302

    6beds
    --sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $759,200 Zestimate®
    $--/sqft
    $3,243 Estimated rent

    Home value

    $759,200

    $698,000 - $828,000

    $3,243/mo

    Zestimate® history
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    What's special

    Mid-century modern two-flat in the Frank Lloyd Wright historic district of Oak Park. The building features spacious rooms throughout. Each apartment has three bedrooms and two bathrooms There is a full living room across the front of the building, plus an adjoining dining room. Both units are the same floor plan. Large recreation room in the basement with a half bath. Laundry room, mechanicals and storage in the basement. 2nd Floor is in nice condition with newer baths. 1st floor needs updating. Windows have been replaced. Attached garage parking for two cars plus a parking pad for two cars. Windows replaced in 2013. Convenient to schools, trains, and downtown Oak Park. Property being sold AS IS. Taxes do not reflect HO exemption. 2nd floor rent below market. Living Room 21x14 Dining Room 11x11 Kitchen 11x7 Primary Bedroom 12x9 Bedroom Two 12x9 Bedroom Three 12x9 Recreation Room 16x10

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann Keeney 708-267-4795,

    Baird & Warner

    Bought with:

    Wing Ho

    Chi Real Estate Group LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11924168MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Recreation Room
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Side Apron, Owned, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio
    Lot
    • Size: 5,500 Square Feet
    • Dimensions: 55 X 100
    Details
    • Parcel number: 16063200600000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: Oak Park

    Financial & listing details

    • Tax assessed value: $550,690
    • Annual tax amount: $15,608
    • Date on market: 11/14/2023
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/11/2025Listing removed$1,250
    Source: Zillow Rentals Report a problem
    5/20/2025Listed for rent$1,250
    Source: Zillow Rentals Report a problem
    9/18/2024Listing removed$1,250
    Source: Zillow Rentals Report a problem
    9/5/2024Listed for rent$1,250
    Source: Zillow Rentals Report a problem
    1/16/2024Sold$520,000-1%
    Source: MRED as distributed by MLS GRID #11924168 Report a problem
    11/17/2023Contingent$525,000
    Source: MRED as distributed by MLS GRID #11924168 Report a problem
    11/14/2023Listed for sale$525,000
    Source: MRED as distributed by MLS GRID #11924168 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$17,687 -1.5%$55,069 +0%
    2023$17,952 +15%$55,068 +35.5%
    2022$15,609 +2.6%$40,648
    2021$15,210 -4.4%$40,648 -6.7%
    2020$15,902 +0.4%$43,562 +5.6%
    2019$15,834 +3.9%$41,271
    2018$15,240 -8.3%$41,271 -10.3%
    2017$16,616 +3.3%$46,004 +15.1%
    2016$16,083 +6.6%$39,960 -4.5%
    2015$15,090 +1.4%$41,844 -5.8%
    2014$14,884 +6.9%$44,417 +3.8%
    2013$13,920 +0%$42,772
    2012$13,915 +3.8%$42,772
    2011$13,406 -15.7%$42,772 -21.6%
    2010$15,910 +4.6%$54,532
    2009$15,213 +1.7%$54,532 -7%
    2008$14,959 +9.1%$58,637 +12.4%
    2007$13,709 +2.7%$52,158
    2006$13,353 +2.6%$52,158
    2005$13,016 +23.3%$52,158 +32.4%
    2004$10,559 +7.8%$39,390
    2003$9,798 +3.9%$39,390
    2002$9,427 +21.3%$39,390 +38.1%
    2001$7,774 +3.6%$28,519
    2000$7,505 +0.1%$28,519
    1999$7,497 $28,519
    Find assessor info on the county website

    Neighborhood: 60302

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Oliver W Holmes Elementary Schoo
    • 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
    $759,200
    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
    $759,200