NOT LISTED FOR SALE

542 N Marion St Oak Park, IL 60302

Estimated Value: $735,131 - $825,000

4 Beds
2 Baths
2,080 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $520,000 $250 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,401/month

10 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Stainless Steel Appliances
  • Oliver W Holmes Elementary School Rated A-
  • Heated Sun or Florida Room
  • Detached Garage

About This Home

As of April 2020

This amazing jumbo American 4-Square is located in the heart of beautiful central Oak Park. Step out your front door and walk to all that is great about Oak Park! ... Schools, the Green Line, Metra, shops, dining and so much more! The large entry foyer greets you and flows into the formal living room with bright front sunroom perfect for multiple conversation areas. Host your favorite holidays in the large dining room with exquisite oak banded trim. Relax at the end of the day in the family room (or 1st floor 5th bedroom!). Prepare your finest meals in the updated cook's kitchen with pro-grade appliances, loads of cabinetry and room for a breakfast table! This kitchen overlooks the lush deep meticulously landscaped back yard. All four bedrooms are located on the 2nd floor including the back sunken master bedroom and the home's large full bath. Plenty of storage in this house with a stair-case accessible attic and full basement. The home features pristine hardwood floors and a state-of-the-art ductless air conditioning system fully zoned throughout. This is a fantastic opportunity to get ahead of the spring market and own a great home in the perfect location!

Last Agent to Sell the Property

Steve Scheuring

Baird & Warner License #475135445 Listed on: 02/11/2020

Baird & Warner

Last Buyer's Agent

Bethanny Alexander

Baird & Warner License #475138745

Baird & Warner

Home Details

Home Type

  • Single Family

Year Renovated

  • 2011

Lot Details

  • 8,799

Parking

  • Detached Garage
  • Parking Available
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Stucco Exterior

Interior Spaces

  • Entrance Foyer
  • Heated Sun or Florida Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Laundry

  • Dryer
  • Washer

Location

  • Property is near a bus stop
  • The property is located in a historic district

Utilities

  • Zoned Heating and Cooling
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Renovated

2011

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Historical District
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2011
  • Total Full or Half Bathrooms: 1.1
  • Type Detached: 2 Stories
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2011

Interior Features

  • Interior Property Features: Hardwood Floors
  • Number Of Rooms: 9
  • Living Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Range Hood
  • Attic: Dormer, Interior Stair, Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 16X15, On Level: Basement, Flooring: Other, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 18X15, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Sun/Florida Room Heated, Foyer
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 1 Name: Sun/Florida Room Heated, Dimensions: 12X7, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: Foyer, Dimensions: 10X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 2: Dimensions: 13X11, On Level: 2nd Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: Blinds
  • Bedroom 4: Dimensions: 11X9, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Estimated Sq Ft: 2080
  • Dining Room Type: Separate
  • Family Room: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Stucco

Garage/Parking

  • Number of Cars: 4
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam, Radiators

Schools

  • Junior High Dist: 97

Lot Info

  • Lot Dimensions: 59X149
  • Parcel Identification Number: 16063180160000

Tax Info

  • Taxes: 15543.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 14, 2020
Sold by
Schlichting Brad A and Schlichting Donna L
Bought by
Gros Sebastian A and Kranz Elana S
Seller's Agent
Steve Scheuring
Baird & Warner
Buyer's Agent
Bethanny Alexander
Baird & Warner
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
$776,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,033
Avg. Annual Appreciation
7.32%
Original Mortgage
$468,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2000
Sold by
Pastors Charles R and Pastors Debbie M
Bought by
Grp Ontario Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
8.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gros Sebastian A $520,000 Citywide Title Corporation
Grp Ontario Llc $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gros Sebastian A $468,000
Previous Owner Grp Ontario Llc $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2020 04/21/20 Sold $520,000 -2.8% $250 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $535,000 -- $257 / 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 $15,871 $52,001 $11,421 $40,580
2023 $16,970 $52,001 $11,421 $40,580
2022 $16,970 $47,614 $9,883 $37,731
2021 $17,031 $48,843 $9,883 $38,960
2020 $17,830 $48,843 $9,883 $38,960
2019 $15,554 $46,714 $9,004 $37,710
2018 $15,543 $48,274 $9,004 $39,270
2017 $15,955 $50,250 $9,004 $41,246
2016 $16,627 $45,593 $7,467 $38,126
2015 $14,820 $45,593 $7,467 $38,126
2014 $14,319 $47,133 $7,467 $39,666
2013 $12,471 $42,827 $7,467 $35,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10626681

Midwest Real Estate Data (MRED)

APN: 16-06-318-016-0000