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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 105 single family homes with an average list price of $1,411,185 and 40 condos/townhomes with an average list price of $418,294. The average annual property tax for Oak Brook is $8,247.
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 |
$840,000 |
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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. |
$333,500 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Aug 19, 2019 | 408 Canterberry Ln. | 5 | 2.2 | 2,394 ft2 | 2 | 1943 | $500,000 | |
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Aug 16, 2019 | 3015 Meyers Rd. | 3 | 5.2 | 4,181 ft2 | 3 | 1978 | Ginger Creek | $800,000 |
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Aug 16, 2019 | 19W266 Governors Tr. | 3 | 3 | 1,420 ft2 | 2 | 1979 | Oak Brook Colony | $358,000 |
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Aug 16, 2019 | 20 N. Tower Rd. #7M | 2 | 2 | 1,286 ft2 | 1 | 1977 | Oak Brook Towers | $162,000 |
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Aug 12, 2019 | 517 Forest Mews Dr. | 4 | 3.1 | 3,476 ft2 | 2.5 | 1983 | Saddle Brook | $651,000 |
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Aug 9, 2019 | 15 Shelburne Dr. | 5 | 5.1 | 6,346 ft2 | 4 | 1973 | Brook Forest | $1,337,500 |
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Aug 2, 2019 | 3220 Meyers Rd. | 4 | 3.1 | 2,580 ft2 | 0 | 1955 | $400,000 | |
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Aug 2, 2019 | 20 N. Tower Rd. #1E | 1 | 1 | 890 ft2 | 1 | 1977 | Oak Brook Towers | $125,000 |
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Aug 1, 2019 | 40 N. Tower Rd. #7D | 1 | 1 | 925 ft2 | 1 | 1977 | Oak Brook Towers | $137,000 |
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Jul 31, 2019 | 19W181 Theresa Ln. | 3 | 2.1 | 1,834 ft2 | 2 | 1978 | Gingerbrook | $315,000 |
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 July rose in volume by 91.7% when compared to last year, while the median sale price rose by 7.5% from $483,750 to $520,000. The number of Single Family homes sales rose by 85.7%, while the median sale price rose by 4% from $600,000 to $624,000. Condo/townhome sales rose by 100%, while the median sale price decreased by 13.7% from $379,500 to $327,500.
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119
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126
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179
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176
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$600,000
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$575,500
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$557,000
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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 July in
| July | Year to Date (Jan 1 - August 26) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 12 | 23 | +91.7% | 112 | 101 | -9.8% |
| (Single Family) | 7 | 13 | +85.7% | 51 | 44 | -13.7% |
| (Condos/Townhomes) | 5 | 10 | +100% | 61 | 57 | -6.6% |
| Median Sale Price | $483,750 | $520,000 | +7.5% | $505,000 | $500,000 | -1% |
| (Single Family) | $600,000 | $624,000 | +4% | $840,000 | $660,500 | -21.4% |
| (Condos/Townhomes) | $379,500 | $327,500 | -13.7% | $330,000 | $336,500 | +2% |
| Days on Market | 31 | 30 | -3.2% | 45 | 47 | +4.4% |
| (Single Family) | 56 | 42 | -25% | 56 | 53 | -5.4% |
| (Condos/Townhomes) | 4 | 25 | +512.5% | 31 | 40 | +29% |
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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