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As-is Deals in Oak Park, IL

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19 N-harlem-ave-apt-b-Oak-park-IL-60302
As-Is Deal NEW
$150,000 List Price

N Harlem Ave Apt B
Oak Park, IL 60302

2 Bed | 2 Bath

12 Erie-st-apt-308-Oak-park-IL-60302
As-Is Deal
$279,000 List Price

Erie St Apt 308
Oak Park, IL 60302

3 Bed | 2 Bath

16 N-cuyler-ave-Oak-park-IL-60302
As-Is Deal
$289,000 List Price

N Cuyler Ave
Oak Park, IL 60302

4 Bed | 3 Bath | 1,486 Sq. Ft.

1 Lyman-ave-Oak-park-IL-60304
As-Is Deal
$210,000 List Price

Lyman Ave
Oak Park, IL 60304

2 Bed | 1 Bath | 849 Sq. Ft.

32 S-grove-ave-apt-2a-Oak-park-IL-60302
As-Is Deal
$213,900 List Price

S Grove Ave Apt 2a
Oak Park, IL 60302

2 Bed | 2 Bath

15 N-marion-st-Oak-park-IL-60302
As-Is Deal
$495,000 List Price

N Marion St
Oak Park, IL 60302

3 Bed | 3 Bath | 1,963 Sq. Ft.

13 Clarence-ave-Oak-park-IL-60304
As-Is Deal
$349,000 List Price

Clarence Ave
Oak Park, IL 60304

5 Bed | 2 Bath | 1,685 Sq. Ft.

12 Miller-ave-Oak-park-IL-60302
As-Is Deal
$299,900 List Price

Miller Ave
Oak Park, IL 60302

3 Bed | 2 Bath | 1,081 Sq. Ft.

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Home Value Estimator For Oak Park, IL

There are currently 13,321 real estate properties in Oak Park, IL, with a median automated valuation model (AVM) price of $453,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oak Park, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Oak Park, IL, is $473,423.00, with the most expensive house in Oak Park, IL, topping out at $5,371,000.00 and the cheapest home in Oak Park, IL, clocking in at $14,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Oak Park, IL!


Rent Prices In Oak Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak Park, IL, is on a rollercoaster ride. The average rent price in Oak Park, IL, is $2,441.00. Indeed, when looking to rent in Oak Park, IL, you can expect to pay as little as $740.00 or as much as $3,680.00, with the average rent median estimated to be $2,500.00. The good news is that finding an affordable and desirable property to rent in Oak Park, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Oak Park, 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 Park, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Oak Park, IL and much more. Save thousands at closing with home foreclosure listings in Oak Park, IL — up to 75% off market value!


Top Reasons To Live In Oak Park, IL In 2021

Oak Park is located in Cook, Illinois, with an estimated municipal population of 52,381 residents. All of the best foreclosed homes for sale in Oak Park are located in the following zip code areas on Foreclosure.com: 60301 60302 60304 60303. The estimated population per square kilometer (.62 miles) in Oak Park is 4,303.


Cost Of Living In Oak Park, IL

So, about how much do homes cost in Oak Park? The most recent median value of resident-owned homes in Oak Park is 384,020. An estimated 59.5 percent of households in Oak Park own their homes, with an average family size of 3.15. The median household income in Oak Park is 94,646, with48.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oak Park, the median commute time of resident workers (in minutes) is 35.8. And last, but certainly not least, are you looking for homes to rent in Oak Park? If so, the average rent price paid by renters in Oak Park is 1,175, according to recent statistics.


Diversity And Demographics In Oak Park, 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 Park, 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 Park is 39.8, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Oak Park is 50.3, with an average family size of 3.15.

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

White 68.7%
Black / African American 18.2%
Asian 4.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 5.4%
Other 2.6%

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

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

Under 10 12.8%
Aged 10-19 13.1%
20s 9.6%
30s 14.8%
40s 15.4%
50s 13.3%
60s 11.7%
70s 6%
80+ 3.2%

Best Schools In Oak Park, 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 Park with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oak Park.


Pros And Cons Of Living In Oak Park, Illinois

How do you know that living in -- or moving to -- Oak Park is right where you need to be? Perhaps you grew up in Oak Park or already live nearby; therefore, the decision to buy a home in Oak Park is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oak Park 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 Park:

  • 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 Park.


Reasons To Move To Oak Park, 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 Park can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oak Park, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Oak Park, IL

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