new - 1 day on rocket

601 Fair Oaks Ave, Oak Park, IL, 60302

$1,395,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
4,000 SqFt
$349/SqFt
House

Location

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601 Fair Oaks Ave, Oak Park$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access
Garage2 spaces
Year Built1923
HeatingNatural Gas
BasementYes
MLS #12257015
Lot Size0.40 Acres
StatusActive
(New)

About 601 Fair Oaks Ave

Truly a once in a generation find! Center hall, brick colonial designed by Tallmadge & Watson in 1922 for the president of the Reliance State Bank. Superb estate section/historic district location, within walking distance to schools & recreational facilities. The park-like 95x172 corner lot is on one of Oak Park's most beautiful blocks filled with mature trees and more fine historic homes. 601 Fair Oaks features outstanding design and craftsmanship, solid construction and has been very well maintained for 50 years of ownership. At over 4000 square feet this lovely home features 4 bedrooms, 2 full baths, 2 half baths, basement level bath w/shower plus a 3rd floor office that was designated in the original blueprints as a billiards room. The first floor features sun filled, south facing 28x18 living room and 18x14 dining room. Both rooms feature oak floors, classic millwork and detailed crown moulding & baseboards. At the center of the living room on the east wall is a large wood burning fireplace. The sunroom in the front of the home has seven casement windows. Through the dining room and butler's pantry is the unique six-sided, west-facing breakfast room. Both the sunroom and breakfast room feature the original divided, black and white terrazzo flooring. The kitchen and butler's pantry were renovated in the 90s and feature stainless steel appliances, abundant cabinetry & storage and solid surface countertops. A prominent wide archway, a distinctive feature in many Tallmadge & Watson designs, leads to the second floor stairway. The 28x16 primary suite features 3 banks of built-in closets and 2 sets of french doors that lead out to the east deck which overlooks the corner of Fair Oaks and Iowa Streets. The east deck has wrought iron awning supports. One closet features a wall safe undoubtedly used by the first owner of the home. The west deck features a new roof and balustrade (2023) and is accessed through french doors in the northwest bedroom. On the walk up to the third floor there is a small sewing room midway before entering the cathedral ceiling 26x16 west-facing billiards room that has been used as a home office and family room which has a cedar closet. Also on the third floor is the fourth bedroom which has an ensuite half bath. There is additional living space on the basement level including a recreation room, craft/woodworking room, a huge amount of storage and a bathroom w/shower. The fenced backyard is shaded by mature trees and landscaped with perennials. There is a deck and bbq station connected to a gas line. Two car brick garage with three additional spaces in the carport. Among the more recent updates are 200amp circuit breaker electric (2018), sump pump (2022), west chimney rebuilt 2023 and tuckpointing (2014). This lovely home is in move-in condition with very solid construction and provides opportunities for your updates/improvements. The 2023 property tax bill includes homeowner & senior exemptions and a senior AV freeze. Showings are available - please contact the listing agent today.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Gullo & Associates
  • Office Phone: (708) 386-9090
  • Listing Agent: David Gullo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Alley Access

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: 1 blk North of Chicago Ave; 3 blks east of Oak Park Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $349/SqFt

Tax Information:

  • Annual Amount: $10,699
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Oak Park, IL.

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Oak Park, IL

City

Med. Sold Price

$436.7K

Med. Price/SqFt

$238

Avg. Days On Market

27

# of Sold Homes

58

601 Fair Oaks Ave vs Oak Park

1 DAY ON ROCKET

-26 Days

$1,395,000

+$958.2K More

$349/SqFt

+$110 More

KEY TAKEAWAY

This property is $958.2K more than the Median Sold Price and $110/SqFt more than other homes in Oak Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12257015

Listing Office:

  • Office Name: Gullo & Associates
  • Office Phone: (708) 386-9090
  • Listing Agent: David Gullo

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:46:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$10,699$82,236
2018$10,316$82,236
2017$9,913$82,236

History based on county public records data.

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$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4319065
7
/10

  • John Greenleaf Whittier Elementary School

  • 715 N Harvey Ave

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-4319066
8
/10

  • Oliver Wendell Holmes Elementary School

  • 508 N Kenilworth Ave

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-4319067
9
/10

  • William Beye Elementary School

  • 230 N Cuyler Ave

  • 0.48 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $186,017. The most common annual income of people living in Oak Park, IL is $200k+. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 601 Fair Oaks Ave

What is the listing price of this property?

The listing price of 601 Fair Oaks Ave property is $1,395,000.

What type of property is this?

The property 601 Fair Oaks Ave is a house located in Oak Park, Illinois, 60302.

Is this property for sale now?

Active Listing: 601 Fair Oaks Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $10,699 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 601 Fair Oaks Ave has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 601 Fair Oaks Ave is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 601 Fair Oaks Ave is 1923.

Rocket Homes›Illinois›Cook County›Oak Park›60302›601 Fair Oaks Ave

This home is located at 601 Fair Oaks Ave in Oak Park, IL and zip code 60302. This 4,000 square foot home, which was built in 1923, sits on a 0.40 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,395,000.

While more than 17 listings in Oak Park, IL in November 2024 were sold above asking price, there were more than 10 listings sold at asking price, and more than 31 were sold below. The number of listings in Oak Park, IL decreased by 0.5% between October 2024 and November 2024. In November 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $436,791.

From Rocket Homes Real Estate and based on county public records data.

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