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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 67 single family homes with an average list price of $1,337,713 and 34 condos/townhomes with an average list price of $407,274. The average annual property tax for Oak Brook is $8,419.
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 | |
|---|---|---|
|
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. |
$2,037,500 |
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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 |
$692,500 |
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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 |
$825,000 |
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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. |
$335,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Jan 17, 2020 | 5 Berseem Ct. | 4 | 5.2 | 4,454 ft2 | 3 | 1967 | Ginger Creek | $1,162,500 |
|
Jan 14, 2020 | 147 Timber View Dr. | 5 | 3.2 | 4,000 ft2 | 2 | 1955 | Timber Trails | $505,000 |
|
Jan 8, 2020 | 3005 38th St. | 4 | 3.1 | 3,300 ft2 | 2 | 1986 | Saddle Brook | $636,000 |
|
Jan 6, 2020 | 10 Camelot Dr. | 4 | 2.1 | 3,255 ft2 | 2 | 1967 | Brook Forest | $642,000 |
|
Dec 30, 2019 | 10 Willow Crest Dr. | 2 + 1* | 3.1 | 3,136 ft2 | 2.5 | 2006 | $825,000 | |
|
Dec 30, 2019 | 733 Forest Glen Ln. | 4 | 3.2 | 3,911 ft2 | 3 | 1992 | Forest Glen | $648,000 |
|
Dec 30, 2019 | 40 N. Tower Rd. #6C | 1 | 1 | 600 ft2 | 0 | 1977 | Oak Brook Towers | $90,000 |
|
Dec 27, 2019 | 8 Meadowood Dr. | 3 | 1.1 | 1,401 ft2 | 1 | 1952 | Woodside Estates | $400,000 |
|
Dec 23, 2019 | 22 Natoma Dr. | 5 | 5.3 | 8,304 ft2 | 3 | 1990 | $1,540,000 | |
|
Dec 13, 2019 | 9 Sheffield Ln. | 5 | 3.1 | 4,057 ft2 | 3 | 1965 | York Woods | $785,000 |
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 December decreased in volume by 33.3% when compared to last year, while the median sale price rose by 19.5% from $640,000 to $764,500. The number of Single Family homes sales decreased by 11.1%, while the median sale price decreased by 19.3% from $950,000 to $767,000. Condo/townhome sales decreased by 55.6%, while the median sale price rose by 385.9% from $155,900 to $757,500.
|
123
|
175
|
174
|
153
|
| 2016 | 2017 | 2018 | 2019 |
| # of sales per year | |||
|
$572,000
|
$565,000
|
$521,750
|
$520,000
|
| 2016 | 2017 | 2018 | 2019 |
| 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 December in
| December | Year to Date (Jan 1 - January 28) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2019 | 2020 | % Change | |
| Homes Sold | 18 | 12 | -33.3% | 5 | 4 | -20% |
| (Single Family) | 9 | 8 | -11.1% | 1 | 4 | +300% |
| (Condos/Townhomes) | 9 | 4 | -55.6% | 4 | 0 | - |
| Median Sale Price | $640,000 | $764,500 | +19.5% | $355,000 | $639,000 | +80% |
| (Single Family) | $950,000 | $767,000 | -19.3% | $710,000 | $639,000 | -10% |
| (Condos/Townhomes) | $155,900 | $757,500 | +385.9% | $263,750 | $0 | - |
| Days on Market | 45 | 32 | -28.9% | 31 | 39 | +25.8% |
| (Single Family) | 49 | 26 | -46.9% | 166 | 39 | -76.5% |
| (Condos/Townhomes) | 38 | 53 | +39.5% | 20 | 0 | - |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
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 |
|
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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