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Foreclosure Homes in Oak Forest, IL

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Le-claire-ave-Oak-forest-IL-60452
Preforeclosure NEW
$184,450 EMV

Le Claire Ave
Oak Forest, IL 60452

157th-pl-Oak-forest-IL-60452
Preforeclosure
$270,966 EMV

157th Pl
Oak Forest, IL 60452

| 2 Bath | 2,240 Sq. Ft.

5 Brockton-ln-Oak-forest-IL-60452
Preforeclosure
$211,395 EMV

Brockton Ln
Oak Forest, IL 60452

3 Bed | 2.5 Bath | 2,038 Sq. Ft.

Elmwood-rd-Oak-forest-IL-60452
Preforeclosure
$186,403 EMV

Elmwood Rd
Oak Forest, IL 60452

3 Bed | 1 Bath | 1,037 Sq. Ft.

Pine-dr-Oak-forest-IL-60452
Preforeclosure
$233,447 EMV

Pine Dr
Oak Forest, IL 60452

4 Bed | 2 Bath | 1,573 Sq. Ft.

Barton-ln-Oak-forest-IL-60452
Preforeclosure
$173,230 EMV

Barton Ln
Oak Forest, IL 60452

3 Bed | 1 Bath | 1,226 Sq. Ft.

Newport-dr-Oak-forest-IL-60452
Preforeclosure
$207,931 EMV

Newport Dr
Oak Forest, IL 60452

3 Bed | 1 Bath | 1,196 Sq. Ft.

Debra-dr-Oak-forest-IL-60452
Preforeclosure
$166,770 EMV

Debra Dr
Oak Forest, IL 60452

3 Bed | 1 Bath | 1,095 Sq. Ft.

Natalie-dr-Oak-forest-IL-60452
Preforeclosure
$177,182 EMV

Natalie Dr
Oak Forest, IL 60452

3 Bed | 1 Bath | 1,190 Sq. Ft.

Arrowhead-trce-Oak-forest-IL-60452
Preforeclosure
$298,288 EMV

Arrowhead Trce
Oak Forest, IL 60452

4 Bed | 2 Bath | 3,068 Sq. Ft.

Displaying 1 - 10 of 25

Foreclosure Homes in Oak Forest, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Oak Forest, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Oak Forest, IL and much more. Save thousands at closing with home foreclosure listings in Oak Forest, IL — up to 75% off market value!


Top Reasons To Live In Oak Forest, IL In 2021

Oak Forest is located in Cook, Illinois, with an estimated municipal population of 27,173 residents. All of the best foreclosed homes for sale in Oak Forest are located in the following zip code areas on Foreclosure.com: 60452. The estimated population per square kilometer (.62 miles) in Oak Forest is 1,746.


Cost Of Living In Oak Forest, IL

So, about how much do homes cost in Oak Forest? The most recent median value of resident-owned homes in Oak Forest is 193,737. An estimated 77.6 percent of households in Oak Forest own their homes, with an average family size of 3.25. The median household income in Oak Forest is 76,945, with35.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oak Forest, the median commute time of resident workers (in minutes) is 31.7. And last, but certainly not least, are you looking for homes to rent in Oak Forest? If so, the average rent price paid by renters in Oak Forest is 1,080, according to recent statistics.


Diversity And Demographics In Oak Forest, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oak Forest, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Oak Forest is 41.8, split between 51 percent male versus 49 female. The percentage of residents who report being married in Oak Forest is 53.2, with an average family size of 3.25.

The percentage of residents who report their race in Oak Forest is as follows:

White 82.9%
Black / African American 6.5%
Asian 5.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 3.6%

Looking for family-friendly neighborhoods in and/or near Oak Forest? Or maybe you are searching for 55+ active adult communities in and/or near Oak Forest?

The percentage of residents who report their age in Oak Forest is as follows:

Under 10 9.7%
Aged 10-19 13.5%
20s 13.5%
30s 11.1%
40s 14.4%
50s 16.8%
60s 12.9%
70s 5.9%
80+ 2.4%

Best Schools In Oak Forest, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oak Forest with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oak Forest.


Pros And Cons Of Living In Oak Forest, Illinois

How do you know that living in -- or moving to -- Oak Forest is right where you need to be? Perhaps you grew up in Oak Forest or already live nearby; therefore, the decision to buy a home in Oak Forest is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oak Forest for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oak Forest:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oak Forest.


Reasons To Move To Oak Forest, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oak Forest can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oak Forest, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Oak Forest, IL

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