Why Live in Oak Park Avenue Estates
Oak Park Avenue Estates in Tinley Park features Cape Cod and ranch-style homes with spacious yards extending to the curb, complemented by mature trees and small front gardens. The northwestern corner of the neighborhood includes condo communities and townhomes, such as Hamilton Lakes, which have sidewalks and young trees. While the neighborhood lacks its own parks, nearby Centennial Park offers 58 acres of green space, including a 12-acre lake, walking paths, and various recreational amenities. Yankee Woods provides additional outdoor activities with 27 miles of trails. Residents have numerous dining options along Oak Park Avenue, Harlem Avenue, and 171st Street, including long-standing local favorites like Olympic Star Restaurant and Fry the Coop. For a unique experience, Pekoe and Bean offers seasonal afternoon tea. Essential services are conveniently located, with a CVS in the neighborhood and a Jewel-Osco less than 1 mile away. Tinley Park's active music scene includes concerts at Credit Union 1 Amphitheatre and free summer performances at Music in the Plaza. The Tinley Park Metra station, less than 1 mile away, connects commuters to downtown Chicago, 27.5 miles northeast. Chicago Midway International Airport is 15.5 miles north. Students attend Burt H. Fulton School, Central Middle School, and Tinley Park High School, which offers a variety of sports.
Frequently Asked Questions
Is Oak Park Avenue Estates a good place to live?
Oak Park Avenue Estates is a good place to live. Oak Park Avenue Estates is considered fairly walkable and bikeable. Oak Park Avenue Estates is a suburban neighborhood. Oak Park Avenue Estates has 7 parks for recreational activities. It is somewhat dense in population with 6.5 people per acre and a median age of 42. The average household income is $71,448 which is below the national average. College graduates make up 26.7% of residents. A majority of residents in Oak Park Avenue Estates are home owners, with 48.9% of residents renting and 51.1% of residents owning their home. A
local real estate agent serving Oak Park Avenue Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Oak Park Avenue Estates neighborhood guide.
How much do you need to make to afford a house in Oak Park Avenue Estates?
The median home price in Oak Park Avenue Estates is $629,000. If you put a 20% down payment of $125,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,250 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $139K a year to afford the median home price in Oak Park Avenue Estates. The average household income in Oak Park Avenue Estates is $71K.
What are the best public schools in Oak Park Avenue Estates?
The best public schools that serve Oak Park Avenue Estates are:
What are the best private schools in Oak Park Avenue Estates?
The best private schools that serve Oak Park Avenue Estates are:
What are the most popular zip codes in Oak Park Avenue Estates, Tinley Park, IL?
What are the most popular neighborhoods near Oak Park Avenue Estates, Tinley Park, IL?
Home Trends in Oak Park Avenue Estates, IL
On average, homes in Oak Park Avenue Estates, Tinley Park sell after 30 days on the market compared to the national average of 70 days. The median sale price for homes in Oak Park Avenue Estates, Tinley Park over the last 12 months is $475,000, up 239% from the median home sale price over the previous 12 months.
Median Sale Price
$475,000
Median Single Family Sale Price
$709,000
Median Townhouse Sale Price
$475,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
1
Last 12 months Home Sales
1
Median List Price
$629,000
Median Change From 1st List Price
13%
Median Home Sale Price YoY Change
239%