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Oak Brook, Illinois, Real Estate
Oak Brook is an affluent village in Dupage County with a small portion in Cook County, Illinois. A suburb of Chicago, it serves as headquarters of several notable companies including Ace Hardware, Blistex, Federal Signal, CenterPoint Properties, Sanford L.P., TreeHouse Foods and Lions Clubs International. According to the 2010 census, the population was 7,883.
Oak Brook currently has 91 single family homes with an average list price of $1,367,466 and 38 condos/townhomes with an average list price of $358,103. The average annual property tax for Oak Brook is $8,283.
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Belle Aire Elementary School | 58 | Elementary | K,1-6 |
| Brook Forest Elementary School | 53 | Elementary | P-5 |
| C E Miller Elementary School | 201 | Elementary | K-5 |
| Highland Elementary School | 58 | Elementary | K,1-6 |
| J T Manning Elementary School | 201 | Elementary | P-5 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Oak Brook, i.e. what's hot and what's not.
See What's Hot & What's Not in Oak BrookSubdivisions/Buildings
| Subdivisions/Buildings | Median Price | |
|---|---|---|
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Breakenridge Farm Breakenridge Farm is a subdivision of custom built single family homes located in Oak Brook west of Adams Road south of 35th Street. |
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Briarwood Lakes Briarwood Lakes is a gated community of townhomes built for active adults 55 and over in the early to mid 1970's. Briarwood Lakes is located in Oak Brook, Illinois west of Kingery Highway and north of 31st Street. Read more |
$690,000 |
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Brittwood Creek Brittwood Creek is a subdivision of custom built single family homes built in the late 2000's. Brittwood Creek is located in Oak Brook, Illinois west of Kingery Highway just north of 31st Street. Read more |
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Brook Forest Brook Forest is a single family home subdivision built in the 1960s and 1970s. Brook Forest is located in Oak Brook, Illinois east of Midwest Road and north of 31st Street. Read more |
$832,500 |
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Chambord Chambord is a townhome community built in the 1970's. Chambord is located in Oak Brook, Illinois north of 31st Street and west of Meyers Road. |
$330,750 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Apr 15, 2019 | 114 Briarwood Loop | 3 | 3 | 3,201 ft2 | 2 | Briarwood Lakes | $767,500 | |
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Apr 12, 2019 | 20 N. Tower Rd. #6B | 1 | 1 | 962 ft2 | 0 | 1977 | Oak Brook Towers | $95,000 |
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Apr 11, 2019 | 40 N. Tower Rd. #9F | 2 | 2 | 1,286 ft2 | 0 | 1977 | Oak Brook Towers | $150,000 |
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Apr 10, 2019 | 40 N. Tower Rd. #16G | 2 | 2 | 1,276 ft2 | 0 | 1977 | Oak Brook Towers | $165,000 |
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Apr 9, 2019 | 307 Polo Ln. | 4 | 5.1 | 5,233 ft2 | 3 | 1985 | Midwest Chase | $650,000 |
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Apr 5, 2019 | 19W249 Gingerbrook Dr. | 2 | 2.1 | 1,715 ft2 | 2 | 1980 | Oak Brook Colony | $300,000 |
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Apr 1, 2019 | 19w187 Newport Ln. | 3 | 3 | — | 2 | 1978 | $425,000 | |
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Mar 29, 2019 | 19W060 Avenue Chateaux | 4 + 1* | 4 | 3,369 ft2 | 2 | 1973 | Chateau Loire | $540,000 |
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Mar 28, 2019 | 2S620 Avenue Latour | 4 + 1* | 4 | 2,410 ft2 | 2 | 1975 | Chateau Loire | $495,000 |
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Mar 28, 2019 | 3 Oak Brook Club Dr. #E203 | 2 | 2 | 1,984 ft2 | 2 | 1971 | Oak Brook Club | $500,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Oak Brook home sales for the month of March decreased in volume by 6.7% when compared to last year, while the median sale price rose by 4% from $630,000 to $655,000. The number of Single Family homes sales rose by 33.3%, while the median sale price decreased by 0.3% from $747,500 to $745,016. Condo/townhome sales decreased by 33.3%, while the median sale price rose by 57.7% from $355,000 to $560,000.
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122
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129
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180
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178
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$600,000
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$572,000
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$561,000
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$517,000
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| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for March in
| March | Year to Date (Jan 1 - April 19) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 15 | 14 | -6.7% | 42 | 36 | -14.3% |
| (Single Family) | 6 | 8 | +33.3% | 20 | 14 | -30% |
| (Condos/Townhomes) | 9 | 6 | -33.3% | 22 | 22 | 0% |
| Median Sale Price | $630,000 | $655,000 | +4% | $635,000 | $557,500 | -12.2% |
| (Single Family) | $747,500 | $745,016 | -0.3% | $940,000 | $676,250 | -28.1% |
| (Condos/Townhomes) | $355,000 | $560,000 | +57.7% | $315,000 | $327,500 | +4% |
| Days on Market | 97 | 92 | -5.2% | 77 | 51 | -33.8% |
| (Single Family) | 167 | 67 | -59.8% | 137 | 51 | -62.8% |
| (Condos/Townhomes) | 89 | 105 | +17.4% | 72 | 54 | -25.7% |
Nearby Parks
| Park | Amenities | |
|---|---|---|
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Central Park 1450 Forest Gate Road |
Baseball Diamonds Basketball Courts Biking Paths Disc Golf Hiking Paths Picnic Area Playground Soccer Fields Softball Fields Swimming Pool Tennis Courts Volleyball Courts |
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Chillem Park 32 Yorkshire Woods |
Basketball Courts Playgrounds Tennis Courts |
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Forest Glen Park 1300 Forest Glen Lane |
Basketball Courts Field Hiking Paths Playgrounds Pond Tennis Courts Trails |
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Fullersburg Woods Forest Preserve |
Biking Paths Cross-Country Skiing Fishing Hiking Paths Horseback Riding Picnic Area |
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Saddlebrook Park 35th Street and Case Court |
Basketball Courts Hiking Paths Playground Tennis Courts |
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