5

Oak Ridge Homes for Sale

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  • /22

    $74,900

    • 4 Beds
    • 2 Baths
    • 2,053 Sq Ft

    401 W Elliott Ave, Springfield, IL 62702

    Spacious 4 bedroom / 2 bath newly renovated DUPLEX in a good neighborhood. Fully furnished 1-bedroom unit may be used as a rental property, ideal for short term rental Plumbing and mechanicals have all been updated with new electrical panel/wiring, 2 water heaters, furnace & central air. Ready to move in !

    Henry Torn List With Freedom.com

    401 W Elliott Ave, Springfield, IL 62702
  • /14

    $89,900

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft

    917 N Osburn Ave, Springfield, IL 62702

    Newly renovated, fully furnished single-family home for sale in a desirable Springfield neighborhood. Move-in ready. All utilities are in working condition. Appliances, washer and dryer are available.

    Henry Torn List With Freedom.com

    917 N Osburn Ave, Springfield, IL 62702
  • /58

    $70,000

    • 3 Beds
    • 2 Baths
    • 1,379 Sq Ft

    825 N Patton Ave, Springfield, IL 62702

    Real Estate Auction Online Only Auction Open House: Wednesday, February 4th 2025 from 4:00pm - 4:30pm Auction Ending: Thursday, February 5th 2025 starting at 7:00pm Property Address: 825 N. Patton Ave. 62702 All Brick Ranch - 1,379 sq ft. 3 Bedroom 2 Bathroom Walkout Basement Large Fenced In Yard - 2.5 Car Garage Parcel Number: 14-28.0-176-025 2024 Taxes: $2,432.58 Year Built: 1956 Interior

    Thomas Walsh Aumann Auctions

    825 N Patton Ave, Springfield, IL 62702
  • /26

    $62,500

    • 4 Beds
    • 2 Baths
    • 1,561 Sq Ft

    342 W Reynolds St, Springfield, IL 62702

    Solid home in need of some TLC. Hardwood under laminate flooring. Great location- historic and established neighborhood! Close to schools, downtown, medical district and West side conveniences. Seller is upgrading electrical with entire new system. Selling AS-IS.

    TRACIE TAYLOR RE/MAX Professionals

    342 W Reynolds St, Springfield, IL 62702
  • /15

    $100,000

    • 3 Beds
    • 1.5 Baths
    • 1,073 Sq Ft

    926 N Patton Ave, Springfield, IL 62702

    Don't just drive by this one - give the inside a look! Extremely affordable living in convenient location near Medical District. Nice 3BR, 1.5 BA home on extra large lot, and a lot of the big ticket items have been done in the last few years, including roof, furnace (2022) and water heater (2023). This home features a formal dining space and a large kitchen with plenty of counter space (quartz)

    Jerry George The Real Estate Group, Inc.

    926 N Patton Ave, Springfield, IL 62702

Why Live in Oak Ridge

Oak Ridge, located just northwest of Springfield's historic downtown, is a neighborhood rich in history and character. The area features some of Springfield's oldest buildings and monuments, including the city's only public cemetery, Oak Ridge Cemetery, which is the second-most visited cemetery in the U.S. The neighborhood's streets are lined with mature trees and well-maintained sidewalks, showcasing classic bungalows, American Foursquare, Cape Cod, and ranch-style homes, many dating back to the late 19th century. Alleys leading to one-car garages and hobby gardens are a common sight. Oak Ridge offers a range of attractions, including the Lincoln Tomb and Duncan Park, which features pickleball courts, a disc golf course, and a bandshell for live performances. The Springfield Art Association, based in the Edwards Place Historic Home, provides public galleries, classes, and cultural events, including unique offerings like glass blowing. Dining options include the historic Dew Chilli Parlor, serving pub grub for over a century. The neighborhood is also close to Route 97, where chain restaurants and shopping options are available. Springfield High School, which has a high rating, serves the area, and ongoing renovations promise enhanced facilities. Public transportation is accessible via the Sangamon Mass Transit District, and the Abraham Lincoln Capital Airport is just 3 miles away. While Oak Ridge's proximity to downtown and hospitals can result in higher noise levels in some areas, its central location and historical significance make it a unique place to live.

Frequently Asked Questions

Is Oak Ridge a good place to live?
Oak Ridge is a good place to live. Oak Ridge is considered somewhat walkable and bikeable with some transit options. Oak Ridge is a historic neighborhood. Oak Ridge has 10 parks for recreational activities. It is fairly sparse in population with 5.9 people per acre and a median age of 40. The average household income is $56,258 which is below the national average. College graduates make up 16.7% of residents. A majority of residents in Oak Ridge are renters, with 52.7% of residents renting and 47.3% of residents owning their home. A local real estate agent serving Oak Ridge can help you decide if this neighborhood is the right one for you. Learn more on our Oak Ridge neighborhood guide.
Is Oak Ridge, IL a safe neighborhood?
Oak Ridge, IL is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Oak Ridge?
The median home price in Oak Ridge is $83,450. If you put a 20% down payment of $16,700 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $17K a year to afford the median home price in Oak Ridge. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Oak Ridge is $56K.
What are the best public schools in Oak Ridge?
The best public schools that serve Oak Ridge are:
What are the best private schools in Oak Ridge?
The best private schools that serve Oak Ridge are:
What are the most popular zip codes in Oak Ridge, Springfield, IL?
The most popular zip codes in Oak Ridge, Springfield, IL include 62702, 62704, 62703, 62707 and 62711.
What are the most popular neighborhoods near Oak Ridge, Springfield, IL?
The most popular neighborhoods near Oak Ridge, Springfield, IL are Enos Park, Historic West Side, Lincoln Park, Vinegar Hill and North End Association Take Two.
Are home prices dropping in Oak Ridge?
Yes, home prices in Oak Ridge are down 8% in the last 12 months.

Home Trends in Oak Ridge, IL

Housing Trends

Median Sale Price
$75,250
Median Single Family Sale Price
$75,250
Average Price Per Sq Ft
$69
Number of Homes for Sale
5
Last 12 months Home Sales
42
Months of Supply
1.40
Median List Price
$83,450
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-10%
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