The Chicago Association of Realtors recently reported an uptick in suburban real estate sales with December sales up 10.6 percent over 2018 and January sales up 7.3% over 2019.
This rebound from a sluggish fall sales season was combined with a rise in median home prices of 5 percent in January. Here in the near west suburbs, there might be snow on the ground, but the spring sales season has started in earnest.
In Oak Park, there are currently 181 single family homes on the market, with prices ranging from $189,000 to $1.5 million. In River Forest, there are 55 single family homes for sale, with a price range from $425,000 up to $1,999,000.
Forest Park lists 42 single family homes for sale, with prices from $140,000 to $619,000 and Riverside has 68 homes on the market ranging in price from $269,900 to $1.5 million.
In all of these suburbs, $700,000 is well-above median list price, but offers a number of options for interested buyers.
In Oak Park, 839 N. Oak Park Ave. is listed at $699,000. For that price, you get four bedrooms, two full bathrooms and approximately 2,646 square feet of living space. The Mediterranean style home has a backyard patio for the warmer months, and a fireplace for the winter. The updated kitchen has quartz countertops. The property comes with a tax bill of $19,768.
Also listed at $699,000 in Oak Park, 1223 Linden Ave. is a brick home with four bedrooms and 3.5 bathrooms, boasting 2,700 square feet of living space. Annual property taxes run $17,550, and the home has a spacious sunroom with a deck and another deck off of an upstairs bedroom.
For someone looking for a condominium lifestyle, 1133 Chicago Ave., Unit 3E, in Oak Park is available for $694,000. The three-bedroom, two-bathroom condo at Maple Place includes approximately 1,896 square feet of living space.
Built new in 2017, the building was awarded LEED Gold status and the unit features an upgraded appliance package with Bosch kitchen appliances and upgraded baths. Property taxes are approximately $20,945.
In Forest Park, only two properties are available close to the $700,000 price range, and both are multi-unit buildings. The property at 505 Elgin Ave. is a traditional style two-flat. The upper unit includes five bedrooms and two newly updated bathrooms, while the lower unit has three bedrooms and one full bathroom.
The building boasts a new roof and five parking spaces and carries a property tax bill of $11,127. With over 3,500 square feet of space, 505 Elgin Ave. is listed for $625,000.
Meanwhile, 7422 Randolph St. in Forest Park is marketed for $778,900. Included in that price are two buildings, each with two rental units, for a total of nine bedrooms and four bathrooms. The circa 1916 building has been gutted and rehabbed and carries a property tax bill of $11,357.
In Riverside, spending $700,000 will get you at least four bedrooms and three bathrooms in a single-family home. The home at 459 Uvedale Court is listed at $694,900 and features five bedrooms and four and one-half bathrooms in 2,734 square feet.
Built in 1931, the Tudor-style home has been completely updated with a new open kitchen, new bathrooms, mud room and hardwood floors throughout. The property tax bill is $14,460.
Built in 1906, 60 N. Crowley Road is a brick, two-story home with four bedrooms and three bathrooms. Listed at $675,000, the home is roughly 3,000 square feet and comes with a property tax bill of $16,908. The house also boasts a large green house used as an outdoor living space that offers a hint of spring year-round.
Also listed at $675,000 in Riverside, 330 Fairbank Road is a four-bedroom, 3.5-bathroom home with approximately 2,747 square feet of living space. Newly built in 2002-03, the home has had only one owner. The house features an attached garage, a short walk to the Metra, and park and river views. Annual property taxes are $17,660.
In River Forest, 846 William St. is listed at $705,000 and provides four bedrooms and 2.5 bathrooms. The 2,264-square-foot, red-brick home is centrally located and includes and open front porch and a kitchen with stainless-steel appliances and granite countertops. The property taxes are $17,235.
The house at 603 Thatcher Ave. in River Forest is listed at $699,900 and the 3,000-square-foot home includes four bedrooms and 2.5 bathrooms. The 1890s Victorian includes original woodwork, an updated kitchen and a finished third floor. The house includes two laundry stations, and a property tax bill of $17,762.
Also in River Forest, 1423 Lathrop Ave. is on the market for $699,000. The Tudor-style home built in 1938 includes four bedrooms and 4.5 bathrooms and is slightly over 3,000 square feet. The home includes an updated kitchen, finished basement and outdoor patio with built-in grill. Ready for summer whenever you are.
