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  • $575,000

    511 Forest Ave, Oak Park, IL 60302

    6beds
    --sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $615,600 Zestimate®
    $--/sqft
    $2,841 Estimated rent

    Home value

    $615,600

    $548,000 - $689,000

    $2,841/mo

    Zestimate® history
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    What's special

    Looking for a fantastic investment opportunity in Oak Park? Check out this beautifully maintained 2-flat nestled in the charming Oak Park Historic District! With its quality construction and flair, this home truly stands out. Set on a spacious lot with a 2-car garage, both units share a wonderful layout that includes cozy living and dining rooms, bright and cheerful spaces, roomy closets, and large kitchens where you can whip up your favorite meals. Each unit is 1,350 square feet, featuring three bedrooms and two full bathrooms, highlighting original woodwork and gorgeous hardwood floors that add character and warmth. This property isn't just a place to call home; it's a lovely celebration of timeless elegance and a smart investment for your future. Plus, you'll appreciate the practical upgrades that make living here even more enjoyable. This home is equipped with well-maintained systems, including updated HVAC, boilers, ensuring a comfortable living experience. Located within walking distance of the vibrant amenities in downtown Oak Park, you'll have easy access to shops, restaurants, a movie theater, and more. Additionally, the property offers convenient access to the Harlem Green Line and Metra, making commuting a breeze. We encourage you to take advantage of this wonderful opportunity-please consider scheduling your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Szurzynski 773-407-4077,

    Executive Home Realty, Inc.

    Bought with:

    John Szurzynski

    Executive Home Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12286809MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Utility Room-Lower Level, Workshop
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas, Forced Air
    Appliances
    • Included: Humidifier
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Exterior features: Lighting
    • Fencing: Chain Link
    Lot
    • Size: 7,425 Square Feet
    • Dimensions: 55 X 135
    • Features: Garden
    Details
    • Parcel number: 16063190590000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

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

    Financial & listing details

    • Tax assessed value: $520,000
    • Annual tax amount: $15,871
    • Date on market: 2/12/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    3/20/2025Sold$575,000-3.4%
    Source: MRED as distributed by MLS GRID #12286809 Report a problem
    2/15/2025Contingent$595,000
    Source: MRED as distributed by MLS GRID #12286809 Report a problem
    2/12/2025Price change$595,000-0.2%
    Source: MRED as distributed by MLS GRID #12286809 Report a problem
    1/30/2025Price change$596,000-3.9%
    Source: Owner Report a problem
    12/6/2024Listed for sale$620,000+143.1%
    Source: Owner Report a problem
    3/17/1998Sold$255,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $52,000
    2023$15,871 +25.6%$52,000 +43.1%
    2022$12,638 -7.8%$36,333 -9.1%
    2021$13,704 +7%$39,953 +4.7%
    2020$12,802 -3.5%$38,172 +0.4%
    2019$13,271 +3.9%$38,020
    2018$12,771 +2.1%$38,020
    2017$12,513 -0.5%$38,020 +12.6%
    2016$12,582 +12.1%$33,758
    2015$11,228 +7.4%$33,758
    2014$10,452 +4.2%$33,758 +0.9%
    2013$10,034 -0.4%$33,460
    2012$10,074 +2.2%$33,460
    2011$9,854 -16%$33,460 -21.8%
    2010$11,737 +14.3%$42,789
    2009$10,271 -26.8%$42,789 -22.2%
    2008$14,024 +11.5%$54,971 +14.9%
    2007$12,579 +2.7%$47,857
    2006$12,252 +2.6%$47,857
    2005$11,942 +22.8%$47,857 +31.9%
    2004$9,727 +7.8%$36,286
    2003$9,026 +3.9%$36,286
    2002$8,685 +31%$36,286 +37.8%
    2001$6,627 +3.5%$26,336
    2000$6,405 +12.3%$26,336
    1999$5,704 $26,336
    Find assessor info on the county website

    Neighborhood: 60302

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $615,600
    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
    $615,600