NOT LISTED FOR SALE

5220 W 88th St Oak Lawn, IL 60453

Estimated Value: $328,564

4 Beds
2 Baths
1,500 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $310,000 $207 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,066/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2.5 Car Detached Garage
  • Hometown Elementary School Rated 9+
  • Main Floor Bedroom
  • Porch

About This Home

As of February 2023

This four bedroom, two bath home is perfectly balanced for comfort and convenience. Step inside on newly refinished floors and into the massive living-and-dining room space where family and friends can enjoy countless dinner-and-movie nights. The kitchen follows abundant counter space into a coffee-and-breakfast room where high windows under a cathedral ceiling bring in all the morning light. The basement adds an enormous amount of additional square footage, just waiting to be the kids play area, man-cave, or yoga studio. The first floor bedroom could easily convert into a home office or guest room. Upstairs, you'll find enough space for everyone with two more bedrooms and a generous master suite. Almost every room in the house has been freshly repainted. Best of all, you can put your mind at ease knowing the roof was completely replaced in 2020 and almost all the major appliances have been purchased within the last 5 years. The backyard is expansive and completely private-perfect for hosting summertime parties and family barbecues. Invite everyone over, because there's plenty of parking on a long concrete side drive that leads to a two-car garage with a surprising amount of storage. Of course, where you are matters and the location can't be beat. Oak Lawn has everything you'd find in a big city while maintaining the small town community vibe. And if you still need more nightlife or professional opportunities, the Oak Lawn Metra stop is less than a mile and a half away-giving you access to the heart of downtown Chicago in minutes. Schedule your appointment today and don't miss out on this opportunity to be close to everything that matters most.

Last Agent to Sell the Property

Molly Mann

@properties Christie's International Real Estate License #475163820 Listed on: 01/20/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Adolfo Rosales

Smart Home Realty License #475200570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 50x132
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2.5 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • J Covington Elementary School
  • Oak Lawn-Hometown Middle School
  • Oak Lawn Comm High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,026

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1500
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 309900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: J Covington Elementary School
  • High School: Oak Lawn Comm High School
  • Middle/Junior School: Oak Lawn-Hometown Middle School
  • Middle/Junior School District: 123

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50X132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5026.5
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 14, 2023
Sold by
Hauk Robert and Hauk Julie
Bought by
Ocon Jorge and Ocon Alma
Seller's Agent
Molly Mann
@properties Christie's International Real Estate
Buyer's Agent
Adolfo Rosales
Smart Home Realty
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Views
62
Current Estimated Value
$328,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,564
Avg. Annual Appreciation
0.55%
Original Mortgage
$294,500
Outstanding Balance
$285,652
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$28,586

Purchase Details

Closed on
Jul 9, 2002
Sold by
Bachelder George and Bachelder Jonalyn
Bought by
Hauk Robert and Hoffheimer Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.62%

Purchase Details

Closed on
Jul 15, 1994
Sold by
Bachelder George J and Bachelder Jonalyn
Bought by
Bachelder George J and Bachelder Jonalyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
8.61%

Purchase Details

Closed on
Jun 30, 1994
Sold by
Bachelder Jonolyn
Bought by
Bachelder George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
8.61%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Mcguire James H and Mcguire Diana
Bought by
Bacholder George and Bacholder Jonolyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ocon Jorge $310,000 None Listed On Document
Hauk Robert $145,000 --
Bachelder George J -- --
Bachelder George J -- --
Bacholder George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocon Jorge $294,500
Previous Owner Hauk Robert $125,850
Previous Owner Hauk Robert W $28,638
Previous Owner Hauk Robert $137,750
Previous Owner Bachelder George J $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $310,000 0.0% $207 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/20/2023 01/20/23 For Sale $309,900 -- $207 / 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 $3,010 $11,500 $2,310 $9,190
2023 $2,553 $11,500 $2,310 $9,190
2022 $2,553 $8,450 $1,980 $6,470
2021 $2,513 $8,449 $1,980 $6,469
2020 $2,504 $8,449 $1,980 $6,469
2019 $2,281 $8,005 $1,815 $6,190
2018 $2,193 $8,005 $1,815 $6,190
2017 $2,208 $8,005 $1,815 $6,190
2016 $2,027 $6,781 $1,485 $5,296
2015 $1,982 $6,781 $1,485 $5,296
2014 $1,969 $6,781 $1,485 $5,296
2013 $2,204 $8,164 $1,485 $6,679
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691968

Midwest Real Estate Data (MRED)

APN: 24-04-106-045-0000