$255,000

5551 Margie Ln Oak Forest, IL 60452

Estimated payment $1,790/month

Total Views 5,388
3 Beds
1 Bath
1,095 Sq Ft
$233 Price per Sq Ft

Highlights

  • Hot Property
  • Living Room
  • 1-Story Property
  • Oak Forest High School Rated A-
  • Laundry Room
  • 5-minute walk to Lagoon Park

About This Home

This beautifully updated home is move-in ready with major improvements already completed. The property features a brand-new roof (August 2025), new gutters (March 2025), and the majority of windows replaced in 2025. Inside, you'll find freshly painted spaces, a renovated bathroom (2023), and updated kitchen appliances including a new dishwasher and microwave (2025). The furnace has been well maintained, the AC is just six years old, and public water and new city sewers were added in 2023 for extra peace of mind. Outside, enjoy a huge fenced in backyard, a covered front porch, and an oversized two-car garage with a brand-new extra long driveway (2023). Conveniently located 5 minutes from downtown Tinley Park and public transportation this home offers the perfect blend of updates, charm, and space-ready for its next owners to move right in and enjoy.

Listing Agent

Sheila Strutz

Village Realty, Inc. License #475204648 Listed on: 09/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,949

Year Built

  • Built in 1962

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Attic
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Scarlet Oak Elementary School
  • Arbor Park Middle School
  • Oak Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,949

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 61-70 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: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1095
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1095
  • Assessed Sq Ft: 1095
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1095
  • Total Sq Ft: 1095
  • Upper Level Sq Ft: 1095
  • Attic: Unfinished
  • Window Features: Blinds

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 255000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • 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

  • Elementary School: Scarlet Oak Elementary School
  • High School: Oak Forest High School
  • Middle/Junior School: Arbor Park Middle School
  • Middle/Junior School District: 145

Lot Info

  • Lot Dimensions: 9490
  • 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: 4949
  • Tax Year: 2023

Map

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

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 $4,949 $17,001 $4,271 $12,730
2023 $6,152 $17,001 $4,271 $12,730
2022 $6,152 $16,627 $3,796 $12,831
2021 $6,041 $16,626 $3,796 $12,830
2020 $5,924 $16,626 $3,796 $12,830
2019 $5,226 $15,075 $3,558 $11,517
2018 $5,108 $15,075 $3,558 $11,517
2017 $5,111 $15,075 $3,558 $11,517
2016 $5,082 $13,696 $3,321 $10,375
2015 $4,881 $13,696 $3,321 $10,375
2014 $4,784 $13,696 $3,321 $10,375
2013 $4,367 $14,030 $3,321 $10,709
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $255,000 -- $233 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Citywide Title Corporation
Warranty Deed $120,000 Multiple
Warranty Deed $180,000 Multiple
Quit Claim Deed -- None Available
Warranty Deed $85,000 Intercounty Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $96,000 New Conventional
Previous Owner $91,400 Unknown
Previous Owner $68,000 No Value Available
Previous Owner $28,558 No Value Available
Source: Public Records

About the Listing Agent

Sheila Strutz

Village Realty, Inc.

(464) 266-4244

Section Image

Sheila's Other Listings

  • 14112 S Saginaw Ave, Chicago, IL 60633

    $225,000

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 14112 S Saginaw Ave
    • Chicago, IL

    Beautifully updated home featuring granite countertops, stainless steel appliances, and an eat-in kitchen. Hardwood floors in living room and all bedrooms. Two full baths with tubs, updated vanities, faucets, and showerheads. Finished walkout basement with family room/office space and access to the backyard. Enjoy a brick paver patio, newer front landscaping, and a custom 18-ft firepit/pool area.

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 2037 Isabell Ln, Shorewood, IL 60404

    $399,995 New Construction

    • 2 Beds
    • 2 Baths
    • 1,410 Sq Ft
    • 2037 Isabell Ln
    • Shorewood, IL

    SALES OFFICE 2031 ISABELLA NOW OPEN! Available NOW!! New Construction Luxury 2 Bed, 2 Bath Ranch Duplex in 55+ Community | 1,410 Sq Ft + Full Basement. Welcome to this beautifully designed 2-bedroom, 2-bathroom ranch-style duplex located in a vibrant 55+ community. With 1,410 square feet of thoughtfully crafted living space, this home offers a modern, luxury feel with the ability to customize key

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 2035 Isabell Ln, Shorewood, IL 60404

    $395,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,410 Sq Ft
    • 2035 Isabell Ln
    • Shorewood, IL

    SALES OFFICE 2031 ISABELLA NOW OPEN MONDAY THROUGH FRIDAY 9-5p AND EVERY WEEKEND 11-3p. HOT SUMMER DEAL! $10,000 PRICE DROP ON OUR NEW DEVELOPMENT HOMES! Take advantage of this LIMITED-TIME SUMMER OFFER - available NOW!! New Construction Luxury 2 Bed, 2 Bath Ranch Duplex in 55+ Community | 1,410 Sq Ft + Full Basement. Welcome to this beautifully designed 2-bedroom, 2-bathroom ranch-style

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 2039 Isabell Ln, Shorewood, IL 60404

    $399,995 New Construction

    • 2 Beds
    • 2 Baths
    • 1,410 Sq Ft
    • 2039 Isabell Ln
    • Shorewood, IL

    Available NOW!! New Construction Luxury 2 Bed, 2 Bath Ranch Duplex in 55+ Community | 1,410 Sq Ft + Full Basement. Welcome to this beautifully designed 2-bedroom, 2-bathroom ranch-style duplex located in a vibrant 55+ community. With 1,410 square feet of thoughtfully crafted living space, this home offers a modern, luxury feel with the ability to customize key features to your taste - including

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 15144 S Emerson St, Plainfield, IL 60544

    $745,000 Pending

    • 5 Beds
    • 2.5 Baths
    • 3,248 Sq Ft
    • 15144 S Emerson St
    • Plainfield, IL

    Why wait on new construction? This nearly new 5BR, 2.5BA home is fully upgraded and move-in ready. Features include a chef's kitchen with quartz countertops, walk-in pantry, butler's closet, custom home office, boot bench, motorized shades, spacious primary suite with walk-in shower and closet, second-floor laundry with sink, surround sound inside and out, smart home tech, full security system,

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 2033 Isabella, Minooka, IL 60447

    $399,995 New Construction

    • 2 Beds
    • 2 Baths
    • 1,410 Sq Ft
    • 2033 Isabella
    • Minooka, IL

    SALES OFFICE 2031 ISABELLA NOW OPEN. New Construction Luxury 2 Bed, 2 Bath Ranch Duplex in 55+ Community | 1,410 Sq Ft + Full Basement. Welcome to this beautifully designed 2-bedroom, 2-bathroom ranch-style duplex located in a vibrant 55+ community. With 1,410 square feet of thoughtfully crafted living space, this home offers a modern, luxury feel with the ability to customize key features to

    Sheila Strutz Village Realty, Inc.

    Section Image
  • 15937 Blackwater Ct, Tinley Park, IL 60477

    $270,000 Sold Oct 30, 2024

    • 2 Beds
    • 2.5 Baths
    • 1,557 Sq Ft
    • 15937 Blackwater Ct
    • Tinley Park, IL

    Come see this beautifully updated 2-bedroom, 2.5-bathroom townhouse in Tinley Park! Impeccably maintained, this home features stunning bamboo hardwood floors on the first floor, a newly updated powder room (2019), and a cozy new mantel in the living area. The kitchen shines with a brand-new refrigerator while the upstairs bedrooms boast custom closet systems for added convenience. Enjoy the deck,

    Sheila Strutz Village Realty, Inc.

  • 9128 Sandpiper Ct Unit 52, Orland Park, IL 60462

    $205,000 Sold Jan 24, 2025

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 9128 Sandpiper Ct
    • Unit 52
    • Orland Park, IL

    **Charming and Rare 3-Bedroom, 2-Bathroom Condo in Orland Park!** Discover one of the few 3-bedroom condos available in this desirable complex in Somerset Park. This unit boasts a spacious deck, perfect for summer relaxation, and a beautifully updated kitchen featuring granite countertops. You'll love the convenience of an in-unit washer and dryer, along with a cozy office nook ideal for working

    Sheila Strutz Village Realty, Inc.

  • 13635 W Ironwood Cir, Homer Glen, IL 60491

    $388,000 Sold Aug 19, 2025

    • 3 Beds
    • 2 Baths
    • 2,176 Sq Ft
    • 13635 W Ironwood Cir
    • Homer Glen, IL

    Don't miss your chance to move into this charming tri-level home before summer ends! Located in the highly sought-after Pebble Creek neighborhood, this home offers the perfect blend of comfort, nature, and functionality. Enjoy your mornings with peaceful views of the serene backyard pond, while the kids play in the playground-all nestled under the shade of mature trees. Step inside to find 3

    Sheila Strutz Village Realty, Inc.

Source: Midwest Real Estate Data (MRED)

MLS Number: 12459739

Midwest Real Estate Data (MRED)

APN: 28-21-119-002-0000