NOT LISTED FOR SALE

515 N Ridgeland Ave Oak Park, IL 60302

Estimated Value: $723,000 - $940,081

4 Beds
2.5 Baths
2,799 Sq Ft
$298/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $615,000 $220 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,313/month

26 Days on Market

Highlights

  • Den
  • 2 Car Detached Garage
  • Entrance Foyer
  • Whittier Elementary School Rated A
  • Walk-In Closet
  • Utility Room with Study Area

About This Home

As of January 2024

Welcome Home This lovely property built in 1893 still maintains historic charm yet offers natural wood work, benefits of recent renovations. Situated on a tree lined street in the heart of Oak Park. This east facing home is located on the west side of N Ridgeland 3000 square feet of living space above ground. The entrance has an enclosed front porch spacious guest closet huge foyer and a half bath. 4 bedrooms with walk in closets plus a bonus room on the second floor lots of storage space. Updated full bath double sinks and a soaking tub. Hardwood floors throughout and zoned central air. The kitchen is a chefs dream fully equipped with stainless steel appliances loads of cabinets and countertop space for entertaining. This eat in kitchen also has an island complete with electrical outlets ceiling fan gas stove double sink lots of cabinets recessed lighting garbage disposal. Formal dining room Living Room has wood Burning fireplace built in shelves hardwood floors Sunroom/den Walk out basement lots of storage partially finished Huge landscaped yard Completely fenced Koi Pond Gazebo Shed 2 car garage with electricity plus additional parking pad for 2-3 more vehicles. Home Warranty offered. This property is in a fantastic neighborhood with wonderful parks, recreation, shopping, schools and easy access to public transportation, 5 minutes to downtown Oak Park, 20 minutes to downtown Chicago, 25 minutes Midway Airport & 30 minutes to Chicago O'Hare!

Last Agent to Sell the Property

Kimberley Johnson

Keller Williams Rlty Partners License #471021561 Listed on: 11/21/2023

Keller Williams Rlty Partners

Last Buyer's Agent

Jason Webb

Baird & Warner License #475151204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,327

Year Built

  • Built in 1893

Lot Details

  • Lot Dimensions are 172.2x50

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Frame Construction

Interior Spaces

  • 2,799 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Den
  • Library
  • Utility Room with Study Area
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Schools

  • Oak Park & River Forest High Sch

Utilities

  • No Cooling
  • Radiator

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,327

Year Built

Built in 1893

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1893
  • 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: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2799
  • Room Type: Library, Den, Study, Foyer, Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 630000
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School District: 97

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 172.2X50
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 18327
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 25, 2024
Sold by
Abraham Thompson Trust and Thompson Abraham
Bought by
Steuer Adam and Gebhart Joseph
Seller's Agent
Kimberley Johnson
Keller Williams Rlty Partners
Buyer's Agent
Jason Webb
Baird & Warner
List Price
$630,000
Sold Price
$615,000
Premium/Discount to List
-$15,000
-2.38%
Views
164
Current Estimated Value
$834,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,270
Avg. Annual Appreciation
19.15%
Original Mortgage
$557,000
Outstanding Balance
$546,933
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$287,337

Purchase Details

Closed on
Jun 21, 2005
Sold by
Thompson Abraham
Bought by
Thompson Abraham and Abraham Thompson Trust

Purchase Details

Closed on
Oct 31, 2001
Sold by
Thompson Abraham and Thompson Launa
Bought by
Thompson Launa and The Launa Thompson Trust

Purchase Details

Closed on
Dec 27, 1995
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Thompson Abraham and Thompson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.85%

Purchase Details

Closed on
May 15, 1995
Sold by
Szabo Elaine Kardos and Kardos Elaine M
Bought by
American National Bk & Tr Co Of Chicago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.26%
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 Buyer Sale Price Title Company
Steuer Adam $615,000 Chicago Title
Thompson Abraham $562,000 Cti
Thompson Launa -- --
Thompson Abraham $265,000 --
American National Bk & Tr Co Of Chicago $140,000 Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steuer Adam $557,000
Previous Owner Thompson Abraham $212,000
Previous Owner American National Bk & Tr Co Of Chicago $140,000
Closed Thompson Abraham $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $615,000 -2.4% $220 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $630,000 -- $225 / 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 $22,831 $76,000 $11,180 $64,820
2023 $18,745 $76,000 $11,180 $64,820
2022 $18,745 $54,972 $9,675 $45,297
2021 $18,327 $54,972 $9,675 $45,297
2020 $18,029 $54,972 $9,675 $45,297
2019 $20,612 $59,897 $8,815 $51,082
2018 $19,835 $59,897 $8,815 $51,082
2017 $19,439 $59,897 $8,815 $51,082
2016 $19,648 $53,098 $7,310 $45,788
2015 $18,202 $53,098 $7,310 $45,788
2014 $16,933 $53,098 $7,310 $45,788
2013 $14,986 $48,679 $7,310 $41,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11934824

Midwest Real Estate Data (MRED)

APN: 16-06-424-021-0000