16001 Oak Avenue
Oak Forest, IL 60452
- 3 beds
- 2 baths
- 1,004 sqft
- 6,970 sqft lot
- $223 per sqft
- 1969 build
- – on site
Welcome to 16001 Oak Ave, Oak Forest, IL 60452! This charming 3 bed, 1.5 bath residence presents an incredible opportunity for both first-time homebuyers and savvy investors. With its comfortable layout, prime location, and over 500 sqft of additional living space in the basement, this property offers the perfect blend of affordability and potential. For Starter Families: Spacious Interior: This 3 bedroom, 1.5 bathroom home offers ample space for a growing family. [Insert square footage and any notable features like a fireplace.] Don't forget to mention the extra living space in the walkout basement, complete with a convenient half bath and laundry room! Family-Friendly Neighborhood: Quiet streets, close proximity to parks and schools, and a strong sense of community make this an ideal place to raise a family. Affordable Price: This home is priced competitively to allow for comfortable monthly payments, leaving room in your budget for the joys of family life. Convenient Location: Enjoy the convenience of walking to the Metra station for a stress-free commute to the city and easy access to nearby shopping centers for all your needs. For Investors: Instant Cash Flow: This property is move-in ready and can be rented immediately, generating a steady stream of passive income. The extra living space in the basement adds significant rental value! High Rental Demand: Oak Forest's desirable location and amenities, including the nearby Metra station and shopping centers, ensure strong demand for rental properties, minimizing vacancy periods. Excellent Appreciation Potential: The property's location and condition suggest strong potential for long-term value appreciation. Additional Features: Well-Maintained: Enjoy peace of mind knowing this home has been lovingly cared for. Features include a roof (2007), windows (7-8 years old), furnace and AC (3-4 years old), and a 2020 water heater. Everything is in working order! Don't miss out on this fantastic opportunity! Priced competitively, this one won't last! Schedule a showing today and see for yourself the potential that awaits at 16001 Oak Ave.
Last checked:
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Last updated Jan 11, 2025
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MLS# 12267403 —
The Building
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Year Built:1969
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Rebuilt:No
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New Construction:false
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Architectural Style:Bi-Level
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Roof:Asphalt
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Basement:Walkout
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Foundation Details:Concrete Perimeter
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:Family Room
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Rooms Total:7
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Laundry Features:In Unit
Room Dimensions
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Living Area:1004
Location
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Directions:Get to Cicero Avenue (IL-50): This is a main north-south road through the area, so it's likely you can find your way to it. Head south on Cicero: You'll want to be going towards the southern part of Oak Forest. Turn right onto 160th Street: Look for the intersection with 160th Street. There might be a business or landmark nearby to help you identify it. Turn left onto Oak Avenue: 16001 will be on your left-hand side.
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Location:86831
The Property
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Parcel Number:28212110010000
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Property Type:Residential
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Location:A
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Lot Features:Corner Lot
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Lot Size Dimensions:6641
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Lot Size Acres:0.16
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Lot Size Source:County Records
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Zero Lot Line:Yes
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Rural:N
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 631-8300
- Office phone:
- (773) 631-8300
Taxes
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Tax Year:2023
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Tax Annual Amount:2158
Beds
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Bedrooms Total:3
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Bedrooms Possible:3
Baths
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Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Electric
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers
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Water Source:Lake Michigan
Schools
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Elementary School:Kimball Hill Elementary School
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Elementary School District:15
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Middle Or Junior School:Arbor Park Middle School
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Alt Junior High Name:Scarlet Oak Elementary School
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Middle Or Junior School District:145
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High School:Oak Forest High School
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High School District:228
The Community
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
Asking price
$224,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,199
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| Taxes | $179 |
| Insurance | $61 |
| Utilities | $143 See report |
| Total | $1,582/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/10/25
Jan 10, 2025
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Listed / Active | MRED | $224,000 |
