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Backup Offers

1505 Oakwood Ave, Des Plaines, IL, 60016

$389,000

Home List Price

$4,619*

Closing Credit

5 Bedrooms
2 Full Baths
2,000 SqFt
$195/SqFt
House
Schools Nearby

Location

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1505 Oakwood Ave, Des Plaines$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1917
HeatingForced Air
BasementYes
MLS #12039791
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 1505 Oakwood Ave

If you are looking for an investment opportunity, a flip, or a DIY project, this home is perfect for you. With so much history, this over sized 5 bedroom 2 bath home has so a lot to offer. Inlaw- like arrangement offers space for two different families. Two kitchens, with newer 5 year old appliances, Bosch dishwasher and huge pantry perfect for storing your dry food needs. 9ft ceilings, hardwood floor under the carpets, Sound proofing tile ceiling, 2 furnaces (newer) and so much more. Large windows though out the home allows for so much natural lighting to beam in. The front porch has newly installed steps and wraps around the front of the home, perfect to sit out and enjoy the peaceful neighborhood. Corner home with a detached two car garage and spacious yard. 1st floor has 3 bedrooms, a full bath and full kitchen that has its own private exit. 2nd floor has 2 bedrooms and full bath, full kitchen with another private exit both in the front and back. The attic is large and perfect for your ideas, possibly more bedroom space or even storage. Large basement has a setup for another bathroom and its own private exit as well. Most importantly, the location is prime! Walk to the metra, library, downtown area, historic center, many new restaurants, grocery stores and so much more. One block away from Centennial park, Central school and Central Park. Close to O'hare, Allstate arena and express ways. Don't miss out on this opportunity and see this home today. This home is an estate sale and sold AS IS.

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Living Area: 2,000 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Ptnr,LL
  • Office Phone: (847) 685-8300
  • Listing Agent: Sheena Gutierrez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Maine West High School, Public District Grades 9-12
  • Chippewa Middle School, Public District Grades 6-8
  • Iroquois Community School, Public District Grades KG-8
  • Central Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North on River Road and left on Ashland Ave, Left on S. Cora St to Oakwood Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $195/SqFt

Tax Information:

  • Annual Amount: $3,727
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Des Plaines, IL.

Med. Sold Price

$297.3K

Med. Price/SqFt

$210

Avg. Days On Market

13

# of Sold Homes

68

1505 Oakwood Ave vs Des Plaines

11 DAYS ON ROCKET

-2 Days

$389,000

+$91.6K More

$195/SqFt

-$16 Less

KEY TAKEAWAY

This property is $91.6K more than the Median Sold Price and $16/SqFt less than other homes in Des Plaines, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12039791

Listing Office:

  • Office Name: Keller Williams Realty Ptnr,LL
  • Office Phone: (847) 685-8300
  • Listing Agent: Sheena Gutierrez

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.

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$3,727$32,895
2018$4,149$26,186
2017$4,004$26,186

History based on county public records data.

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Rate/APR

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Total Monthly Payment

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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.

Elementary School

school-card-donut-8394846
8
/10
  • Central Elementary School

  • 1526 E Thacker St

  • 0.18 miles

  • Public District Grades KG-5

Middle School

school-card-donut-8394847
6
/10
  • Chippewa Middle School

  • 123 N 8th Ave

  • 1.74 miles

  • Public District Grades 6-8

school-card-donut-8394848
7
/10
  • Iroquois Community School

  • 1836 E Touhy Ave

  • 1.75 miles

  • Public District Grades KG-8

High School

school-card-donut-8394849
7
/10
  • Maine West High School

  • 1755 S Wolf Rd

  • 1.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,732. The most common annual income of people living in Des Plaines, IL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1505 Oakwood Ave

What is the listing price of this property?

The listing price of 1505 Oakwood Ave property is $389,000.

What type of property is this?

The property 1505 Oakwood Ave is a house located in Des Plaines, Illinois, 60016.

Is this property for sale now?

Accepting Backup Offers: 1505 Oakwood Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1505 Oakwood Ave are:
Central Elementary School: GreatSchools Rating 8/10
Chippewa Middle School: GreatSchools Rating 6/10
Iroquois Community School: GreatSchools Rating 7/10
Maine West High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $3,727 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1505 Oakwood Ave has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1505 Oakwood Ave is 2,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 Oakwood Ave is 1917.

Rocket Homes›Illinois›Cook County›Des Plaines›60016›1505 Oakwood Ave

This home is located at 1505 Oakwood Ave in Des Plaines, IL and zip code 60016 in the J. C. Robinson's neighborhood. This 2,000 square foot home, which was built in 1917, sits on a 0.17 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $389,000.

In April 2024, from all listings sold in Des Plaines, IL there were more than 38 sold above asking price, over 24 sold below and more than 6 were sold right at the asked price. The number of listings in Des Plaines, IL increased by 14.4% between March 2024 and April 2024. In April 2024 median list price was $297,316 and the average listing age was 13 days.

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

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