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Pending
    • Price cut: $20K (5/21)
    $495,000

    511 N Taylor Ave, Oak Park, IL 60302

    5beds
    --sqft
    : 
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    Multi Family
    Built in 1924
    -- sqft lot
    $485,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Classic vintage brickCharming vintage characterSpacious three-bedroom unit
    Excellent investment opportunity in the heart of Oak Park! This classic vintage brick fully occupied legal three-flat offers a true multi-unit layout featuring one spacious three-bedroom unit and two renovated 1 bedroom(s). ALL units have their own washer & dryers a huge plus for tenants. The building showcases charming vintage character while providing strong income potential for investors or owner-occupants alike. Additional income from the 2 garage spots and tandem exterior spots. Each unit offers comfortable living spaces with natural light and timeless architectural details that reflect Oak Park's historic charm. Situated on a desirable tree-lined street, the property enjoys a prime location close to public transportation, parks, shopping, dining, and everything that makes Oak Park one of Chicagoland's most sought-after communities. With its classic structure, flexible living arrangements, and outstanding location, this legitimate three-flat presents a rare opportunity to own a piece of Oak Park while generating rental income. New windows on upper level. Newer boiler and roof was resurfaced few years ago. Full basement with storage for each unit. Rare opportunity! As-Is sale. More financials and lease detail upon request. Tenants Rights. Allow 72 hours for showing requests.
    134 days
    |
    51
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Bapst, CRS (219)384-2559,

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12585413MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Steam, Baseboard
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage Door Opener, Yes, Garage Owned, Detached, Assigned, Off Street, Additional Parking, Alley Access, Owned, Garage
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Lot
      • Size: 8,250 Square Feet
      • Dimensions: 50 X 165
      Details
      • Parcel number: 16053240320000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Location
      • Region: Oak Park

      Financial & listing details

      • Tax assessed value: $460,000
      • Annual tax amount: $15,646
      • Date on market: 3/7/2026
      • Ownership: Fee Simple

        Estimated market value

        $485,300

        $461,000 - $510,000

        $2,762/mo

        Price history

        DateEventPrice
        7/15/2026Pending sale$495,000
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        6/17/2026Contingent$495,000
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        5/21/2026Price change$495,000-3.9%
        Source: eXp Realty #12585413 Report a problem
        4/23/2026Price change$515,000-6.4%
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        4/14/2026Price change$550,000-5.2%
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        3/26/2026Price change$580,000-3.3%
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        3/7/2026Listed for sale$600,000+67.8%
        Source: MRED as distributed by MLS GRID #12585413 Report a problem
        8/30/2019Sold$357,500-7.1%
        Source: MRED as distributed by MLS GRID #10371877 Report a problem
        7/10/2019Pending sale$384,900
        Source: Gagliardo Realty Associates LLC #10371877 Report a problem
        5/8/2019Listed for sale$384,900+54%
        Source: Gagliardo Realty Associates LLC #10371877 Report a problem
        8/5/2009Sold$250,000-32.4%
        Source: MRED as distributed by MLS GRID #07162296 Report a problem
        10/26/2008Listing removed$369,900
        Source: Coldwell Banker** #06980725 Report a problem
        8/8/2008Price change$369,900-7.5%
        Source: Coldwell Banker** #06980725 Report a problem
        5/18/2008Listed for sale$399,900+125.3%
        Source: Coldwell Banker** #06980725 Report a problem
        6/25/1998Sold$177,500+6%
        Source: Public Record Report a problem
        5/5/1995Sold$167,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $46,000
        2023$14,996 +22.8%$46,000 +44.6%
        2022$12,216 +2.6%$31,812
        2021$11,904 +2.5%$31,812
        2020$11,613 -10.9%$31,812 -6.4%
        2019$13,037 +3.9%$33,981
        2018$12,548 -10.4%$33,981 -12.4%
        2017$14,008 +30.3%$38,784 +45.2%
        2016$10,750 +11.6%$26,708
        2015$9,631 -4.1%$26,708 -10.9%
        2014$10,040 +2.6%$29,961 -0.3%
        2013$9,783 +0%$30,061
        2012$9,780 +3.8%$30,061
        2011$9,422 -10.3%$30,061 -16.5%
        2010$10,498 +4.6%$35,983
        2009$10,038 -9.4%$35,983 -17.1%
        2008$11,074 +12.3%$43,409 +15.7%
        2007$9,862 +2.7%$37,522
        2006$9,606 +2.6%$37,522
        2005$9,363 +30.9%$37,522 +40.6%
        2004$7,154 +7.8%$26,689
        2003$6,639 +3.9%$26,689
        2002$6,388 +23.6%$26,689 +40.7%
        2001$5,169 +3.6%$18,964
        2000$4,991 +4.6%$18,964
        1999$4,770 $18,964
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 60302

        Getting around

        81 / 100
        Very Walkable
        65 / 100
        Good Transit
        70 / 100
        Very Bikeable

        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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