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726 Fair Oaks Avenue

726 Fair Oaks Avenue, Oak Park, IL 60302
Property in Oak Park
Sold Sep 19, 2016
$598,000
$478,400 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2046
726 Fair Oaks Avenue in Oak Park, IL was first built in 1922 and is 102 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 726 Fair Oaks Avenue has 2,656 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,550 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a hot water heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 726 Fair Oaks Avenue was last sold in Sep 13, 2016 for $598,000. According to our calculations, that's $225.15 per sqft. Current property owners are expected to pay $23,646 in taxes per year. The property on 726 Fair Oaks Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $76,000. To break that down further, the land itself was valued at $11,115. While improvements to the property were assessed at a total of $64,885. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,550
  • Total Building Area: 2,656
  • Gross Building Area: 2,656
  • Building Area: 2,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HANSONS SUB
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAVID N (HANSONS) SUB OF LT8 IN CIRCUIT COURT PARTITI ON OF NW SW SEC 5 NH SE SEC 06-39-13

Ownership

  • Current Owner : SHACK ANDREW V
  • Current Owner 2: SHACK RITA F
  • Previous Owner : STEWART GEORGE L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oak Park and River Forest District 200
  • Census Tract: 812400

Geography

  • District: 27
  • Parcel: 16-06-411-004-0000
  • Lot: 8
  • Meridian: SEC 06 TWN 39N RNG 13E
  • Municipality: OAK PARK
  • Latitude: 41.8992
  • Longitude: -87.7879

    Address

  • Full Address: 726 Fair Oaks Ave
  • Address - House Number: 726
  • Address - Street Name: Fair Oaks
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oak Park
  • Carrier Code: C024
  • 4-Digit Zip Code: 1545
  • Zip Code: 60302

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,646
  • Tax Rate Code Area: 27001

    Appraisal Valuation

  • Standard Deviation: 0.2265
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 797,469
  • High Value: 978,155
  • Low Value: 616,783

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $528,400
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Sep 19, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $478,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: COMMUNITY BANK OF OAK PARK RIV
  • Second Open Lien Mortgage Recording Date: Nov 23, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $760,000
  • Market Land Value: $111,150
  • Market Improvement Value: $648,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $11,115
  • Assessed Improvements Value: $64,885

    Sales

  • Current Sale Contract Date: Sep 13, 2016
  • Current Sale Recording Date: Sep 19, 2016
  • Current Sale Transaction ID: 1768789543
  • Current Sale Price: $598,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1626308054

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Sep 19, 2016
  • First Mortgage Loan Amount: $478,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oak Park



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Frequently Asked Questions

What neighborhood is 726 Fair Oaks Avenue located in?
The 726 Fair Oaks Avenue is a located in the neighborhood of Oak Park in Oak Park, Oak Park.
What is the average sales price for listings in 726 Fair Oaks Avenue?
The average sales price for units in 726 Fair Oaks Avenue is $0 currently.

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