NOT LISTED FOR SALE

227 N Oak Park Ave Unit 3W Oak Park, IL 60302

Estimated Value: $182,000 - $200,000

1 Bed
1 Bath
850 Sq Ft
0.71 Acres

Last Sold June 12, 2020

Last sale price $128,000 $151 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,455/month

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Oliver W Holmes Elementary School Rated A-
  • Living Room
  • 3-minute walk to Scoville Park

About This Home

As of April 2023

This is a beautiful property! Loads of natural light on the top floor. This huge one bed has hardwood floors throughout. The unit features central air and heat and washer/dryer in unit. Kitchen is tastefully upgraded with granite, dark appliances and breakfast bar. Additional storage, easy street parking. Walk to the historic downtown Oak Park! An easy commute to the Loop, 227 puts you steps from the Green Line El, shops, restaurants, movies, parks, the main library and so much more! No dogs please.

Last Agent to Rent the Property

Michael Gerhardt

RE/MAX PREMIER License #475110336 Listed on: 03/14/2023

RE/MAX PREMIER

Last Renter's Agent

Melissa Siegal

@properties Christie's International Real Estate License #475139418

@properties Christie's International Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 1924

Lot Details

  • 0.71

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 850 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Oliver W Holmes Elementary Schoo
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 3/6/23
  • Rent includes water, scavenger, lawn care

Community Details

Overview

  • 55 Units
  • Greg Marsey Association, Phone Number (708) 642-1468
  • Property managed by Paramount Property Management

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,753

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Available Date: 2023-03-06
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Attached
  • Rental Price: 1450
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: Condo
  • Property Sub-Type: Attached
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up in Unit
  • LivingArea: 850
  • Room Type: Deck
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm,L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 1450
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, In Kitchen
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Amenities: Storage
  • Rent Includes: Water, Scavenger, Lawn Care
  • Management: Manager Off-site,Monday through Friday
  • Management Company: Paramount Property Management
  • Management Contact Name: Greg Marsey
  • Management Phone: 708-642-1468

Schools

  • Elementary School: Oliver W Holmes Elementary Schoo
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School
  • Middle/Junior School District: 97

Lot Info

  • Lot Dimensions: CONDO

Multi Family

  • Units in Building: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 28, 2020
Sold by
Rath Neale J and Rath Litan
Bought by
Larocco Olivia
Seller's Agent
Kara Keller
Baird & Warner
Buyer's Agent
Michael Gerhardt
RE/MAX PREMIER
List Price
$128,000
Sold Price
$128,000
Current Estimated Value
$191,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,196
Avg. Annual Appreciation
8.20%
Original Mortgage
$108,800
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2017
Sold by
Vizzini Natalie
Bought by
Rath Neale J and Rath Litan

Purchase Details

Closed on
Jan 31, 2006
Sold by
Fox Partners Lp
Bought by
Vizzini Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Larocco Olivia $128,000 Chicago Title
Rath Neale J $95,000 Chicago Title
Vizzini Natalie $186,000 Prairie Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larocco Olivia $108,800
Previous Owner Rath Neale J $95,000
Previous Owner Vizzini Natalie $148,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Rented $1,450 0.0% --
03/22/2023 03/22/23 Off Market $1,450 -- --
03/14/2023 03/14/23 For Rent $1,450 0.0% --
06/12/2020 06/12/20 Sold $128,000 0.0% --
04/11/2020 04/11/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $128,000 -- --
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 $4,753 $14,580 $741 $13,839
2023 $4,685 $14,580 $741 $13,839
2022 $4,685 $12,201 $503 $11,698
2021 $4,565 $12,200 $502 $11,698
2020 $4,454 $12,200 $502 $11,698
2019 $4,121 $10,740 $463 $10,277
2018 $3,966 $10,740 $463 $10,277
2017 $2,660 $10,740 $463 $10,277
2016 $1,777 $6,913 $383 $6,530
2015 $1,727 $7,411 $383 $7,028
2014 $1,152 $6,005 $383 $5,622
2013 $708 $4,804 $383 $4,421
Source: Public Records

Agents Affiliated with this Home

  • Michael Gerhardt

    Landlord's Agent in 2023

    Michael Gerhardt

    RE/MAX PREMIER

    (773) 551-1586

    152 Total Sales

    Michael Gerhardt
    Section Image
  • Melissa Siegal

    Tenant's Agent in 2023

    Melissa Siegal

    @ Properties

    (312) 515-8007

    2 in this area

    528 Total Sales

    Melissa Siegal
    Section Image
  • Kara Keller

    Seller's Agent in 2020

    Kara Keller

    Baird & Warner

    (708) 705-5272

    78 in this area

    188 Total Sales

    Kara Keller
    Section Image
  • Jon Keller

    Seller Co-Listing Agent in 2020

    Jon Keller

    @ Properties

    (312) 388-3443

    54 in this area

    109 Total Sales

    Jon Keller
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11737272

Midwest Real Estate Data (MRED)

APN: 16-07-117-010-1052

Illinois Cook County Oak Park 60302

227 N Oak Park Ave Unit 3W, Oak Park, IL

This home is located at 227 N Oak Park Ave Unit 3W, Oak Park, IL 60302 since 14 March 2023 and is currently priced at $191,196. This property was built in 1924. 227 N Oak Park Ave Unit 3W is a home located in Cook County with nearby schools including Oliver W Holmes Elementary School, Gwendolyn Brooks Middle School, and Oak Park and River Forest High School.

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