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705 Oak Park Ave

Oak Park, IL 60304

4 bd 2 ba 2,400 sqft Built 1908 Lot 6,250 sqft single_family
Most recent sale
$575,000
Dec 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2022 Sold $575,000 MRED
Oct 24, 2022 Listing removed $574,900 MRED
Oct 24, 2022 Listed $549,000 MRED
Oct 6, 2022 Listed $574,900 MRED
Feb 6, 2004 Sold $319,000 Public Record
Jul 22, 1997 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $43,250 $8,750 $52,000 $15,871
2022 $31,581 $6,250 $37,831 $13,213
2021 $31,581 $6,250 $37,831 $12,910
2020 $31,581 $6,250 $37,831 $12,677
2019 $30,248 $5,625 $35,873 $12,447
2018 $35,530 $5,625 $41,155 $15,197
2017 $38,204 $5,625 $43,829 $13,635
2016 $29,628 $4,687 $34,315 $12,806
2015 $29,628 $4,687 $34,315 $11,428
2014 $34,975 $4,687 $39,662 $12,430
2013 $29,631 $4,687 $34,318 $10,312
2012 $29,631 $4,687 $34,318 $10,353
2011 $29,631 $4,687 $34,318 $10,123
2010 $37,593 $4,687 $42,280 $10,567
2009 $37,593 $4,687 $42,280 $9,642
2007 $29,657 $6,500 $36,157 $8,431
2006 $29,657 $6,500 $36,157 $8,061

Property facts

Year built
1908
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,400 sqft
Lot size
6,250 sqft
ZIP code
60304
City
Oak Park
Street
Oak Park Ave
Coordinates
41.87580, -87.79447

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,320
Gross rental yield
9.02%
Implied cap rate
5.86%
Trend-extrapolated value

Frequently asked questions

When did 705 Oak Park Ave last sell?
705 Oak Park Ave most recently sold on Dec 8, 2022 for $575,000.
What is the current tax assessment for 705 Oak Park Ave?
The most recent total assessment for 705 Oak Park Ave (year 2023) is $52,000 with $15,871 in property tax.
How does 705 Oak Park Ave's assessment compare to its last sale price?
The current assessment is 91.0% below the last sale price of $575,000.
When was 705 Oak Park Ave built?
705 Oak Park Ave was built in 1908.
How does 705 Oak Park Ave compare to others on Oak Park Ave?
We track 8 other properties on Oak Park Ave. Browse the list under "Other properties on Oak Park Ave" to compare beds, baths, and sale history.
What are the property facts for 705 Oak Park Ave?
705 Oak Park Ave is a 4 bed, 2 bath, 2,400 sqft, 6,250 sqft lot single_family.
Is 705 Oak Park Ave a flip candidate?
No — 705 Oak Park Ave does not appear in our flips dataset.
Is 705 Oak Park Ave a tax-appeal candidate?
No — 705 Oak Park Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q2
$512.1K
2026 Q3
$521.3K
ZIP 60304 — Median Price History + Forecast

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