$305,000
SOLD NOV 14, 2024

1179 S Oak Park Ave Oak Park, IL 60304

3 Beds
1.5 Baths
1,053 Sq Ft
4,400 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

19% Below List Price

98 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Living Room
  • Abraham Lincoln Elementary School Rated A-
  • 2 Car Detached Garage
  • 3-minute walk to Euclid Square Park

About This Home

As of November 2024

Solid bones and classic bungalow architecture, this home offers a perfect opportunity to personalize and renovate to your exact specifications. Ideal for those looking to invest and transform a property with significant potential for value appreciation. This Oak Park bungalow is more than just a house; it's a potential-filled home awaiting your vision. Imagine the satisfaction of a personalized home while preserving its timeless charm. Whether you're an investor looking for a profitable project or a homeowner wanting to create your forever home, this property is it! Seize this unique opportunity to bring your vision to life in a prime Oak Park location.

Last Agent to Sell the Property

William Miller

The MB Real Estate Group, Inc. License #471004120 Listed on: 06/26/2024

Last Buyer's Agent

William Miller

The MB Real Estate Group, Inc. License #471004120 Listed on: 06/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,822

Year Built

  • Built in 1916

Lot Details

  • Lot Dimensions are 32 x 137.218

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,053 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Rough-In Basement Bathroom

Schools

  • Abraham Lincoln Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,822

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1916
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1053
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 350000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: Fuses
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Abraham Lincoln Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97
  • Elementary School #2: Gwendolyn Brooks Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 32 X 137.218
  • Lot Size: .25-.49 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11822
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Oct 24, 2024
Sold by
Nunley Roderick D and Nunley Phoenix
Bought by
Elite 2 Llc
Seller's Agent
William Miller
The MB Real Estate Group, Inc.
Buyer's Agent
William Miller
The MB Real Estate Group, Inc.
List Price
$375,000
Sold Price
$305,000
Premium/Discount to List
-$70,000
-18.67%
Views
176
Current Estimated Value
$668,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,851
Avg. Annual Appreciation
137.01%
Original Mortgage
$399,500
Outstanding Balance
$34,121
Interest Rate
5.41%
Mortgage Type
Construction
Estimated Equity
$634,730

Purchase Details

Closed on
Sep 25, 2019
Sold by
Nunley Elizabeth J
Bought by
Nunley Roderick D and Nunley Phoenix
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 Chicago Title
Warranty Deed $305,000 Chicago Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,500 Construction
Closed $399,500 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $305,000 -12.9% $290 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $350,000 -6.7% $332 / Sq Ft
06/26/2024 06/26/24 For Sale $375,000 -- $356 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,780 $30,000 $6,138 $23,862
2023 $11,822 $30,000 $6,138 $23,862
2022 $11,822 $30,787 $4,603 $26,184
2021 $11,520 $30,787 $4,603 $26,184
2020 $11,239 $30,787 $4,603 $26,184
2019 $9,396 $24,491 $4,164 $20,327
2018 $9,044 $24,491 $4,164 $20,327
2017 $8,846 $24,491 $4,164 $20,327
2016 $4,176 $22,905 $3,507 $19,398
2015 $3,930 $22,275 $3,507 $18,768
2014 $3,576 $22,275 $3,507 $18,768
2013 $3,556 $23,736 $3,507 $20,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12094800

Midwest Real Estate Data (MRED)

APN: 16-18-329-025-0000