Want to live within walking distance of Oak Park’s downtown (shown below outlined in red), but can’t afford to buy in Oak Park? Consider the northern part of Forest Park, just west of Oak Park.
While the median sale price for houses in Oak Park during the past 12 months was $465K*, the median sale price was only $292K in Forest Park. Over half of the houses that sold in Forest Park in the past year were priced under $300K.
Downtown Oak Park is also walking distance from the south part of neighborhing suburb River Forest, but don’t expect more house for the money. The median sale price for the past year in River Forest was $914K! House prices start above $350K.
*Based on Multiple Listing System of Northern Illinois (MLSNI) Data
ABOUT THE AUTHOR
Fran Bailey shows, previews and tracks downtown Chicago homes for sale giving her the insights needed to help her clients negotiate the best price and terms. Fran has been quoted in numerous Chicago and national publications. To schedule showings of listings regardless of broker or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More
Fran Bailey, Realtor
