$324,900

5424 Otto Place Oak Lawn, IL 60453

Estimated payment $2,306/month

Total Views 1,498
3 Beds
2 Baths
1,364 Sq Ft
$238 Price per Sq Ft

Highlights

  • Very Popular Property
  • Above Ground Pool
  • Deck
  • Hometown Elementary School Rated 9+
  • Cape Cod Architecture
  • Property is near a park

About This Home

***Multiple Offers Received. Highest and Best Offers due by 12pm on 8/11/25.*** Gorgeous 4 bedroom, 2 bath Oak Lawn home has many upgrades within the past 6 years and features gleaming hardwood floors, six-panel doors, an inviting living room with skylight, formal dining area, spacious modern kitchen with Hickory cabinets, stainless steel appliances and granite countertops, main level bedroom and full bath. The second level features a master bedroom with walk-in-closet, additional bedroom and a full bathroom. The full basement has new vinyl plank flooring, a spacious family room, 4th bedroom and a laundry room with sink. The one-of-a-kind privacy fenced yard has a beautiful wrap-around deck, pool, serene pond, firepit and shed! Detached two-car garage. Newer: plaster on walls and master bedroom (2025), deck paint (2024), dishwasher (2022), new side/back doors and screen doors, exterior paint on home and garage and front stairs (2021), custom light panel, new sewer line and clean out port, privacy fence and gates (2020), garage door, central air and furnace, gutters and leaf guards on house and garage, chimney liner and cap (2019). Fantastic location within blocks of Covington Elementary school and Oak Lawn Community High School! Super close to the Metra, library, parks, shopping, restaurants, Christ Hospital and a short distance to I-294!

Listing Agent

Mary Wallace

Coldwell Banker Realty License #475136800 Listed on: 08/06/2025

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,326

Year Built

  • Built in 1951

Lot Details

  • 8,782 Sq Ft Lot
  • Lot Dimensions are 66 x 131
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Asphalt Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Location

  • Property is near a park

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
  • Overhead Sewers

Community Details

  • Cape Cod

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,326

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1951
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Finished, Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 1364
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1364
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Cedar
  • Fencing: Fenced
  • List Price: 324900
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck
  • Pool Features: Above Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Garage Door Opener, On Site, Garage Owned, Detached, Driveway, Owned, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer, Overhead Sewers
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, 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: No
  • Lot Size Acres: 0.2016
  • Lot Dimensions: 66 X 131
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 6326.45
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,326 $24,000 $6,146 $17,854
2023 $5,562 $24,000 $6,146 $17,854
2022 $5,562 $18,105 $5,268 $12,837
2021 $5,473 $18,104 $5,268 $12,836
2020 $5,446 $18,104 $5,268 $12,836
2019 $4,992 $17,194 $4,829 $12,365
2018 $4,800 $17,194 $4,829 $12,365
2017 $5,479 $19,054 $4,829 $14,225
2016 $3,854 $13,018 $3,951 $9,067
2015 $3,766 $13,018 $3,951 $9,067
2014 $3,743 $13,018 $3,951 $9,067
2013 -- $14,894 $3,951 $10,943
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $324,900 +43.1% $238 / Sq Ft
10/11/2019 10/11/19 Sold $227,000 -1.3% $171 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $229,999 -2.1% $174 / Sq Ft
08/31/2019 08/31/19 Price Changed $234,990 0.0% $177 / Sq Ft
08/24/2019 08/24/19 Price Changed $235,000 -1.7% $177 / Sq Ft
08/15/2019 08/15/19 Price Changed $238,990 0.0% $180 / Sq Ft
08/09/2019 08/09/19 For Sale $238,995 0.0% $180 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $238,995 -0.4% $180 / Sq Ft
07/11/2019 07/11/19 Price Changed $239,900 -2.1% $181 / Sq Ft
06/26/2019 06/26/19 For Sale $245,000 +20.1% $185 / Sq Ft
05/29/2015 05/29/15 Sold $204,000 -2.8% $259 / Sq Ft
03/14/2015 03/14/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $209,900 -- $266 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $227,000 Fidelity National Title
Warranty Deed $204,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,650 New Conventional
Previous Owner $186,813 FHA
Previous Owner $150,000 New Conventional
Previous Owner $175,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12432438

Midwest Real Estate Data (MRED)

APN: 24-04-117-015-0000