5838 W 88th Place Oak Lawn, IL 60453
5
Beds
2
Baths
1,500
Sq Ft
6,795
Sq Ft Lot
Highlights
- Living Room
- Central Air
- Family Room
- Laundry Room
- Dining Room
About This Home
As of January 2025Come and see this freshly rehabbed two story Oak Lawn home. The home features five bedrooms and two full bathrooms. Additional features include a spacious yard for hosting gatherings, and a brand new spacious front deck. Oak lawn shopping, libraries, and parks nearby. This home is part of the Oak Lawn school district and sits within the heart of neighborhood. Come and see this home before its too late!
Co-Listed By
Tim Kavanaugh
eXp Realty License #475200614
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,356
Year Built
- Built in 1955 | Remodeled in 2024
Home Design
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Full Bathrooms
Schools
- Oak Lawn Comm High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2024
Closed on
Dec 13, 2024
Sold by
Lee Julie Ann
Bought by
S I L Property Group Llc
Seller's Agent
Michael Scanlon
eXp Realty
Buyer's Agent
Michael Scanlon
eXp Realty
List Price
$249,000
Sold Price
$185,000
Premium/Discount to List
-$64,000
-25.7%
Views
256
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,836
Avg. Annual Appreciation
56.95%
Original Mortgage
$210,000
Interest Rate
1.2%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 1, 2015
Closed on
May 7, 2016
Sold by
Mack Industries Ii Llc
Bought by
Lee Julie Ann
Seller's Agent
Jose Flores
Leverage Investments, LLC
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$123,750
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2015
Sold by
Mack Loc Ii Llc
Bought by
Mack Industries Ltd Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,778,250
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 18, 2015
Sold by
Mack Industries Ii Llc
Bought by
Mack Industries Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,778,250
Interest Rate
3.93%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Jun 22, 2015
Closed on
Aug 18, 2015
Sold by
The Bank Of New York Mellon
Bought by
Mack Industries Ii Llc
Seller's Agent
Jim Kennedy
Kennedy Connection Realtors
Buyer's Agent
Kevin Kennedy
Crosstown Realtors Inc
List Price
$74,900
Sold Price
$60,500
Premium/Discount to List
-$14,400
-19.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
Original Mortgage
$8,000,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 10, 2014
Sold by
Anderson Mark
Bought by
The Bank Of New York Mellon
Similar Home in Oak Lawn, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | Old Republic National Title | |
| Warranty Deed | $165,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $605,000 | First American Title | |
| Sheriffs Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,000 | New Conventional | |
| Closed | $210,000 | Construction | |
| Previous Owner | $123,750 | New Conventional | |
| Previous Owner | $1,778,250 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $8,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $132,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $185,000 | 0.0% | $123 / Sq Ft |
| 11/11/2024 11/11/24 | Off Market | $185,000 | -- | -- |
| 10/24/2024 10/24/24 | For Sale | $249,000 | +50.9% | $166 / Sq Ft |
| 05/07/2016 05/07/16 | Sold | $165,000 | 0.0% | $95 / Sq Ft |
| 03/28/2016 03/28/16 | Rented | $1,675 | 0.0% | -- |
| 02/27/2016 02/27/16 | Under Contract | -- | -- | -- |
| 01/15/2016 01/15/16 | For Rent | $1,675 | 0.0% | -- |
| 11/05/2015 11/05/15 | Pending | -- | -- | -- |
| 10/01/2015 10/01/15 | For Sale | $180,000 | +197.5% | $104 / Sq Ft |
| 08/26/2015 08/26/15 | Sold | $60,500 | -19.2% | $49 / Sq Ft |
| 08/13/2015 08/13/15 | Pending | -- | -- | -- |
| 07/27/2015 07/27/15 | For Sale | $74,900 | 0.0% | $61 / Sq Ft |
| 07/23/2015 07/23/15 | Pending | -- | -- | -- |
| 07/01/2015 07/01/15 | Price Changed | $74,900 | -9.7% | $61 / Sq Ft |
| 06/22/2015 06/22/15 | For Sale | $82,900 | -- | $67 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $7,264 | $25,000 | $4,910 | $20,090 |
| 2023 | $5,356 | $25,000 | $4,910 | $20,090 |
| 2022 | $5,356 | $15,251 | $4,233 | $11,018 |
| 2021 | $5,190 | $15,249 | $4,232 | $11,017 |
| 2020 | $5,085 | $15,249 | $4,232 | $11,017 |
| 2019 | $4,804 | $14,796 | $3,893 | $10,903 |
| 2018 | $4,603 | $14,796 | $3,893 | $10,903 |
| 2017 | $4,669 | $14,796 | $3,893 | $10,903 |
| 2016 | $2,668 | $10,443 | $3,216 | $7,227 |
| 2015 | $2,605 | $10,443 | $3,216 | $7,227 |
| 2014 | $2,792 | $11,025 | $3,216 | $7,809 |
| 2013 | $3,052 | $12,778 | $3,216 | $9,562 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Michael Scanlon
eXp Realty
(773) 630-9205
6 in this area
637 Total Sales
-
T
Seller Co-Listing Agent in 2025
Tim Kavanaugh
eXp Realty
-
J
Seller's Agent in 2016
John Coakley
Vylla Home
(708) 778-1516
-
Seller's Agent in 2016
Jose Flores
Leverage Investments, LLC
(904) 718-7656
21 Total Sales
-
Buyer's Agent in 2016
Andrew Kowalkowski
RE/MAX
(815) 603-1044
3 in this area
84 Total Sales
-
E
Buyer's Agent in 2016
Exclusive Agency
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12195966
APN: 24-05-209-042-0000
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