PENDING
$50K PRICE DROP
500 Fair Oaks Ave Oak Park, IL 60302
Estimated payment $4,727/month
Total Views
5,140
4
Beds
1.5
Baths
2,200
Sq Ft
$273
Price per Sq Ft
Highlights
- Home Theater
- Living Room
- 1-Story Property
- Whittier Elementary School Rated A
- Laundry Room
- Dining Room
About This Home
Located in the estate section of Oak Park, this 4-bedroom, 2.5-story home is filled with gorgeous woodwork, built-ins and stained-glass windows. The original craftmanship is striking as you walk in the front door and are greeted by hardwood floors throughout and a quintessential Oak Park, craftsman style interior. Generous-sized living room and dining room are perfect for entertaining. Updated kitchen with quartz countertops and mission-style cabinets. 2nd floor features four bedrooms, full bath and original hallway built-in closet. Finished 3rd floor offers 500 square feet of space that can be used for many purposes. Basement contains ample space for storage, laundry and other uses. Enjoy the expansive front porch in the shade of the front tree. Large backyard allows for many possibilities; including future expansion, coach house and outdoor living. Move-in ready, with countless of opportunities to add personalized features for your unique living needs.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,501
Year Built
- Built in 1925
Lot Details
- Lot Dimensions are 43x172
Parking
- 2 Car Garage
Interior Spaces
- 2,200 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Home Theater
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Schools
- Oak Park & River Forest High Sch
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Map
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Home Values in the Area
Average Home Value in this Area
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 | $17,501 | $57,000 | $9,746 | $47,254 |
| 2023 | $15,609 | $57,000 | $9,746 | $47,254 |
| 2022 | $15,609 | $44,070 | $8,434 | $35,636 |
| 2021 | $15,245 | $44,070 | $8,434 | $35,636 |
| 2020 | $16,810 | $49,152 | $8,434 | $40,718 |
| 2019 | $15,102 | $42,793 | $7,684 | $35,109 |
| 2018 | $15,347 | $44,994 | $7,684 | $37,310 |
| 2017 | $15,032 | $44,994 | $7,684 | $37,310 |
| 2016 | $14,708 | $39,041 | $6,372 | $32,669 |
| 2015 | $13,133 | $39,041 | $6,372 | $32,669 |
| 2014 | $13,115 | $41,705 | $6,372 | $35,333 |
| 2013 | $13,283 | $43,445 | $6,372 | $37,073 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $599,999 | -4.0% | $273 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $625,000 | -3.8% | $284 / Sq Ft |
| 07/13/2025 07/13/25 | For Sale | $650,000 | 0.0% | $295 / Sq Ft |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 06/30/2025 06/30/25 | For Sale | $650,000 | -- | $295 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Oak Park, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12400004
APN: 16-06-423-012-0000
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