721 Clarence Ave Oak Park, IL 60304
Estimated payment $4,095/month
Highlights
- Wood Flooring
- Formal Dining Room
- Living Room
- Longfellow Elementary School Rated A-
- Enclosed Patio or Porch
- 5-minute walk to Fox Park
About This Home
Prime Location in Historic Oak Park! Charming 3 Bedroom | 2.1 Bath Home with Finished Basement. Sitting in the middle of a beautiful block, this classic Oak Park home offers timeless character and endless potential. Step inside to find hardwood floors throughout, bay windows, and a beamed ceiling in the formal dining room. The second floor features three generously sized bedrooms with ample closet space. The finished basement adds valuable living space with a full bath, laundry room, and a flexible area perfect for a playroom, office, or guest space. Enjoy relaxing on the inviting front porch and bring your kitchen renovation ideas to make this home truly your own. Additional Highlights: Central air conditioning Great curb appeal Just minutes to schools, parks, pool, CTA, Blue Line, and I-290 Previously a rental, this home is ready for your personal touch and updates. A fantastic opportunity in a sought-after location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,387
Year Built
- Built in 1915
Parking
- 1 Car Garage
- Off Alley Parking
- Parking Included in Price
Interior Spaces
- 1,620 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Central Air
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Enclosed Patio or Porch
- Lot Dimensions are 125.5 x 33.33
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,388 | $38,000 | $5,832 | $32,168 |
| 2023 | $13,246 | $38,000 | $5,832 | $32,168 |
| 2022 | $13,246 | $34,495 | $4,166 | $30,329 |
| 2021 | $12,908 | $34,494 | $4,166 | $30,328 |
| 2020 | $12,592 | $34,494 | $4,166 | $30,328 |
| 2019 | $16,023 | $41,763 | $3,749 | $38,014 |
| 2018 | $14,154 | $41,763 | $3,749 | $38,014 |
| 2017 | $13,865 | $41,763 | $3,749 | $38,014 |
| 2016 | $13,132 | $35,124 | $3,124 | $32,000 |
| 2015 | $11,720 | $35,124 | $3,124 | $32,000 |
| 2014 | $10,909 | $35,124 | $3,124 | $32,000 |
| 2013 | $11,147 | $36,882 | $3,124 | $33,758 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Price Changed | $575,000 | -3.4% | $355 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $595,000 | 0.0% | $367 / Sq Ft |
| 07/30/2025 07/30/25 | For Sale | $595,000 | 0.0% | $367 / Sq Ft |
| 09/06/2022 09/06/22 | Rented | $2,700 | 0.0% | -- |
| 09/01/2022 09/01/22 | Off Market | $2,700 | -- | -- |
| 08/19/2022 08/19/22 | For Rent | $2,700 | +12.5% | -- |
| 11/13/2019 11/13/19 | Rented | $2,400 | -4.0% | -- |
| 10/22/2019 10/22/19 | Price Changed | $2,500 | -5.7% | $2 / Sq Ft |
| 09/27/2019 09/27/19 | For Rent | $2,650 | +6.0% | -- |
| 11/07/2018 11/07/18 | Under Contract | -- | -- | -- |
| 11/07/2018 11/07/18 | Rented | $2,500 | 0.0% | -- |
| 11/01/2018 11/01/18 | Price Changed | $2,500 | -9.1% | $2 / Sq Ft |
| 09/13/2018 09/13/18 | For Rent | $2,750 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Executors Deed | $435,000 | Ct |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $348,000 | Unknown | |
| Closed | $65,250 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12381266
APN: 16-18-218-025-0000
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