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Off market
  • $493,800

    540 S Lyman Ave, Oak Park, IL 60304

    3beds
    1baths
    1,344sqft
    SingleFamily
    Built in 1904
    4,588 Square Feet Lot
    $493,800 Zestimate®
    $367/sqft
    $3,438 Estimated rent

    Home value

    $493,800

    $449,000 - $543,000

    $3,438/mo

    Zestimate® history
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    What's special

    Welcome home to this beautiful 3 bedroom, 1.5 bath home available for rent in the Arts District of Oak Park. This handsome American foursquare boasts huge curb appeal with a deep front porch spanning the width of the house, perfect for enjoying the tree-lined neighborhood views. Step inside to the warm and inviting living and dining areas with generous west and southern exposures that conspire to attract an abundance of natural light. Cozy up next to the gas fireplace during the colder months and lounge on the deck next to the outdoor pool during the summer. Upstairs you will find three bedrooms, including the larger primary and a modern double vanity full bath. The family room, laundry and half bath are located downstairs in the walkout basement. Other amenities include: all stainless appliances, central heating and air conditioning and a two car garage. Last but by no means least is the location, location, location! With easy access to downtown Oak Park, Chicago commuters will find themselves on the I-290 Eisenhower Expressway within minutes of leaving home. Alternatively, both the Green and Blue El lines are less than a mile away and easily accessible on foot. Tenant pays gas and electric utilities as well as internet if desired. Landlord pays for water, scavenger and sewer. This is a no pet, no smoking property. One year with option to renew lease terms.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1.5
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 1,344 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 4,588 Square Feet
    Details
    • Parcel number: 1617106014

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Shake / Shingle
    Condition
    • Year built: 1904

    Community & HOA

    Location
    • Region: Oak Park

    Financial & listing details

    • Price per square foot: $367/sqft
    • Tax assessed value: $453,000

    Price history

    DateEventPrice
    9/26/2025Listing removed$449,000$334/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    7/29/2025Listed for sale$449,000$334/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    7/26/2025Contingent$449,000$334/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    6/30/2025Price change$449,000-2.2%$334/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    6/19/2025Price change$459,000-2.1%$342/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    4/24/2025Listed for sale$469,000+77%$349/sqft
    Source: MRED as distributed by MLS GRID #12343506 Report a problem
    10/10/2022Price change$2,900+5.5%$2/sqft
    Source: Zillow Rental Manager Report a problem
    10/6/2022Listed for rent$2,750$2/sqft
    Source: Zillow Rental Manager Report a problem
    11/29/2002Sold$265,000+55%$197/sqft
    Source: Public Record Report a problem
    10/18/2001Sold$171,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $45,300 +0%
    2023$13,687 +12.5%$45,299 +29.1%
    2022$12,162 +2.3%$35,091
    2021$11,885 +1.8%$35,091
    2020$11,677 +15.4%$35,091 +17.8%
    2019$10,117 +3.9%$29,799
    2018$9,735 -9%$29,799 -9.7%
    2017$10,701 +11.3%$33,003 +25%
    2016$9,618 +5.4%$26,395 -5.5%
    2015$9,123 +7.4%$27,922
    2014$8,496 +18.6%$27,922 +13.3%
    2013$7,164 -0.6%$24,643
    2012$7,206 +1.6%$24,643
    2011$7,091 -15.1%$24,643 -29%
    2010$8,352 +11%$34,688
    2009$7,525 +12.5%$34,688 -7%
    2008$6,689 +7.6%$37,300 +21.5%
    2007$6,218 +4.2%$30,692
    2006$5,966 +2.3%$30,692
    2005$5,832 +11.6%$30,692 +43.2%
    2004$5,224 +7.2%$21,431
    2003$4,876 -4.9%$21,431
    2002$5,129 +46%$21,431 +43.7%
    2001$3,514 -1.2%$14,915
    2000$3,555 +16.1%$14,915 -3.8%
    1999$3,061 $15,509
    Find assessor info on the county website

    Neighborhood: 60304

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $493,800
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    Estimated market value
    $493,800