NOT LISTED FOR SALE

541 N Humphrey Ave Oak Park, IL 60302

Estimated Value: $927,000 - $1,068,000

3 Beds
3.5 Baths
3,152 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $880,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,666/month

23 Days on Market

Highlights

  • Built in 2016
  • Heated Floors
  • Property is near a park
  • Whittier Elementary School Rated A
  • Open Floorplan
  • Mud Room

About This Home

As of February 2024

This is truly a must-see, move in ready property! Newly built main house with 4 bedrooms and 3 1/2 bathrooms WITH a separate Coach House on the same over-sized lot. The property sits on a brick paved, cul de sac street. Nestled in Oak Park, this property offers a truly exceptional opportunity. Built in 2016, the flawlessly executed single-family home, situated on an oversized 50' x 171' lot, seamlessly blends vintage charm with modern elegance. What makes this property truly remarkable is the unexpected bonus of a vintage yet updated coach house currently used as a rental/or it could be used as an Accessory Dwelling Unit (ADU). Main House Features: Step onto the gracious wrap-around front porch and be greeted by a timeless blend of vintage and new architectural elements. Reclaimed art glass doors and windows infuse character and sophistication into the living spaces. Enjoy the airy feel of 10' ceilings on the main floor and 9' ceilings on both the second floor and in the exquisitely finished lower level. This main house boasts four bedrooms and three and a half bathrooms, offering ample space for comfortable living. High-quality finishes throughout, including reclaimed walnut floors, Hardie board exterior, and Pella Architectural Series windows. Everywhere you look will be found tastefully chosen vintage light fixtures, doors, hardware, trim, and art glass windows balanced with the newest and best that contemporary construction has to offer. There is zoned heating and cooling throughout with radiant floor heat built into the gracious lower level. The kitchen is a chef's dream with Corian countertops, custom cabinets, a quartz-topped island, and stainless steel appliances. Once again, these elements are laid out and executed in the most thoughtful and aesthetically pleasing way. Adjacent to the kitchen is a charming office space with a view to the open and spacious backyard. Additional conveniences include a mudroom, that you'd actually enjoy spending time in, and a second-floor laundry space that is so beautifully done it does not need to be enclosed behind doors or walls. Impeccable landscaping enhances the curb appeal, creating an inviting and well-maintained exterior. This home is just perfect for modern living. Coach House Rental or In-law Features: The coach house, renovated in 2015, offers two bedrooms. Updated features include the bathroom and kitchen, ensuring a comfortable and contemporary living space. Modern amenities include in-unit laundry and central air conditioning. Abundant natural light streams through two skylights, brightening the second floor bedroom. An open concept living room, dining room, and kitchen makes the first floor layout very easy to work with. The main floor has a bedroom as well. The coach house also has its own private patio and garden space, providing a tranquil retreat for its occupants. This property is a rare find, offering not only a meticulously maintained and stylish single-family home but also the unique advantage of an income-generating coach house rental. It's a harmonious blend of vintage charm and modern convenience, and it awaits your discovery in the desirable Oak Park community. Don't miss your chance to own this truly special property that offers both a comfortable family home and a smart investment opportunity.

Last Agent to Sell the Property

Zak Knebel

@properties Christie's International Real Estate License #475131969 Listed on: 12/11/2023

@properties   Christie's International Real Estate

Last Buyer's Agent

Patty Reilly-Murphy

@properties Christie's International Real Estate License #475168832

@properties   Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,913

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 50x171
  • Paved or Partially Paved Lot

Parking

  • 2.1 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Alley Access
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Parking
  • Parking Space is Owned

Interior Spaces

  • 3,152 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Ceiling height of 10 feet or more
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Storage Room
  • Laundry on upper level
  • Home Gym
  • Unfinished Attic
  • Storm Screens

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Partially Carpeted
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 9 Foot Basement Ceiling Height
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Storage

Schools

  • Whittier Elementary School
  • Gwendolyn Brooks Middle School
  • Oak Park & River Forest High Sch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Porch
  • Property is near a park

Community Details

  • Tennis Courts

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,913

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • New Construction Y/N: Yes
  • Rebuilt Year: 2016
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2016

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Heated Floors, Second Floor Laundry, Walk-In Closet(s), Ceiling - 10 Foot, Ceiling - 9 Foot, Open Floorplan, Some Carpeting, Special Millwork, Drapes/Blinds
  • LivingArea: 3152
  • Room Type: Office, Foyer, Mud Room, Exercise Room, Storage, Other Room
  • Estimated Total Finished Sq Ft: 2238
  • Basement Description: Finished,Exterior Access,9 ft + pour,Rec/Family Area,Storage Space
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Living Room
  • Total Sq Ft: 3152
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • Waterfront: No
  • Exterior Building Type: Fiber Cement

Garage/Parking

  • Garage Spaces: 2.1
  • Parking Features: Off Alley, Alley Access
  • ParkingTotal: 3.1
  • Garage Details: Garage Door Opener(s),Transmitter(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Whittier Elementary School
  • High School: Oak Park & River Forest High Sch
  • Middle/Junior School: Gwendolyn Brooks Middle School

Lot Info

  • Lot Dimensions: 50X171
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16

Tax Info

  • Tax Annual Amount: 22912.66
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Feb 14, 2024
Sold by
Previn Stacey and Previn Thomas
Bought by
Sudholt Stacey M and Zak Taylor J
Seller's Agent
Zak Knebel
@properties Christie's International Real Estate
Buyer's Agent
Patty Reilly-Murphy
@properties Christie's International Real Estate
List Price
$899,900
Sold Price
$880,000
Premium/Discount to List
-$19,900
-2.21%
Views
8
Current Estimated Value
$992,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,548
Avg. Annual Appreciation
7.47%
Original Mortgage
$704,000
Outstanding Balance
$691,418
Interest Rate
6.55%
Mortgage Type
Construction
Estimated Equity
$301,130

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 31, 2014
Sold by
Amel Ethel
Bought by
Sheehan Thomas and Previn Stacey
Seller's Agent
Quin O'Brien
4 Sale Realty Advantage
Buyer's Agent
Margaret McSheehy
Historic Homes Realty
List Price
$360,000
Sold Price
$300,000
Premium/Discount to List
-$60,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$225,000
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 1997
Sold by
Amel Ethel A
Bought by
Amel Ethel and Ethel Amel Trust

Purchase Details

Closed on
Dec 13, 1996
Sold by
American National Bk & Tr Co Of Chicago
Bought by
Amel Ethel A
Source: Public Records

Range of Values:

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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
Sudholt Stacey M $880,000 First American Title
Sheehan Thomas $300,000 Chicago Title Oak Park
Amel Ethel -- --
Amel Ethel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudholt Stacey M $704,000
Previous Owner Sheehan Thomas $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2024 02/26/24 Sold $880,000 -2.2% $279 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $899,900 +200.0% $286 / Sq Ft
03/31/2014 03/31/14 Sold $300,000 -16.7% $158 / Sq Ft View Prior Sale
02/07/2014 02/07/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $360,000 -- $189 / 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 $29,531 $96,554 $11,115 $85,439
2023 $22,913 $96,554 $11,115 $85,439
2022 $22,913 $65,827 $9,619 $56,208
2021 $22,388 $65,825 $9,618 $56,207
2020 $21,991 $65,825 $9,618 $56,207
2019 $18,907 $55,453 $8,763 $46,690
2018 $18,194 $55,453 $8,763 $46,690
2017 $17,834 $55,453 $8,763 $46,690
2016 $16,416 $43,283 $7,267 $36,016
2015 $7,586 $23,658 $7,267 $16,391
2014 $15,482 $50,604 $7,267 $43,337
2013 $7,614 $37,885 $7,267 $30,618
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11945012

Midwest Real Estate Data (MRED)

APN: 16-05-325-012-0000