$248,000 - $293,850
RENTED MAR 28, 2025

5408 W 88th St Oak Lawn, IL 60453

4 Beds
2 Baths
1,350 Sq Ft
$202 Price per Sq Ft

Last Sold February 01, 2024

Last sale price $208,500 $154 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,953/month

Highlights

  • Living Room
  • Laundry Room
  • Dining Room
  • Hometown Elementary School Rated 9+
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of March 2025

This home has been completely updated and is practically brand new! Featuring a stunning, newly renovated bathroom and kitchen, with modern finishes throughout. All appliances are brand new, and the property has been updated inside and out. The spacious home includes 4 bedrooms and 2 bathrooms, with an unfinished basement offering plenty of potential. The detached 2-car garage provides additional convenience and storage. We require total family income to be 3X rent. Credit Score of 650+ but may consider lower credit with additional deposits. We do conduct employment verification, background checks; credit checks and eviction check as permissible by law. Pets are allowed with additional deposit and fees. Security Deposit: 3100 **Owner is a licensed professional, Listing Agent has ownership interests**

Last Agent to Rent the Property

Rishab Chawla

HomeSmart Realty Group License #475192476 Listed on: 01/09/2025

HomeSmart Realty Group

Last Renter's Agent

Marcus Harnett

United Real Estate - Chicago License #475214493

United Real Estate - Chicago

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,021

Year Built

  • Built in 1952 | Remodeled in 2024

Lot Details

  • 6,621

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Oak Lawn Comm High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $3,100
  • Property Available on 1/9/25

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,021

Year Built

Built in 1952 | Remodeled in 2024

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-01-09
  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Rental Price: 3100
  • Security Deposit: 3100
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking House
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1350
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 3100
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Additional Pet Rent, Cats OK, Deposit Required, Dogs OK, Neutered and/or Declawed Only, Number Limit, Size Limit
  • Rent Includes: None

Schools

  • High School: Oak Lawn Comm High School
  • Middle/Junior School District: 123

Lot Info

  • Lot Dimensions: 0.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2024
Closed on
Jan 31, 2024
Sold by
Corner Stone Properties Llc
Bought by
Group 7 Real Estate Llc
Seller's Agent
Ioana Juravle
Finish Line Realty , Inc.
Buyer's Agent
Rishab Chawla
HomeSmart Realty Group
List Price
$215,000
Sold Price
$208,500
Premium/Discount to List
-$6,500
-3.02%
Views
254
Current Estimated Value
$272,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,213
Avg. Annual Appreciation
17.33%

Purchase Details

Closed on
Feb 7, 2023
Sold by
Judicial Sales Corporation
Bought by
Corner Stone Properties Llc

Purchase Details

Closed on
Jul 1, 2018
Sold by
First Midwest Bank
Bought by
Chovanec Glenn
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
Group 7 Real Estate Llc $208,500 Chicago Title
Corner Stone Properties Llc $62,000 None Listed On Document
Chovanec Glenn -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Rented $3,100 0.0% --
03/07/2025 03/07/25 Under Contract -- -- --
01/09/2025 01/09/25 For Rent $3,100 0.0% --
02/01/2024 02/01/24 Sold $208,500 -3.0% $174 / Sq Ft View Prior Sale
01/19/2024 01/19/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $215,000 -- $179 / 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 $6,021 $19,371 $4,620 $14,751
2023 $5,293 $23,000 $4,620 $18,380
2022 $5,293 $17,395 $3,960 $13,435
2021 $5,210 $17,394 $3,960 $13,434
2020 $5,188 $17,394 $3,960 $13,434
2019 $4,841 $16,778 $3,630 $13,148
2018 $4,655 $16,778 $3,630 $13,148
2017 $4,684 $16,778 $3,630 $13,148
2016 $4,387 $14,472 $2,970 $11,502
2015 $4,293 $14,472 $2,970 $11,502
2014 $5,184 $14,472 $2,970 $11,502
2013 $2,044 $17,187 $2,970 $14,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12268274

Midwest Real Estate Data (MRED)

APN: 24-04-113-012-0000