Welcome to 16001 Oak Ave, Oak Forest, IL 60452! This charming 3 bed, 1.5 bath residence presents an incredible opportunity for both first-time homebuyers and savvy investors. With its comfortable layout, prime location, and over 500 sqft of additional living space in the basement, this property offers the perfect blend of affordability and potential. For Starter Families: Spacious Interior: This 3 bedroom, 1.5 bathroom home offers ample space for a growing family. [Insert square footage and any notable features like a fireplace.] Don't forget to mention the extra living space in the walkout basement, complete with a convenient half bath and laundry room! Family-Friendly Neighborhood: Quiet streets, close proximity to parks and schools, and a strong sense of community make this an ideal place to raise a family. Affordable Price: This home is priced competitively to allow for comfortable monthly payments, leaving room in your budget for the joys of family life. Convenient Location: Enjoy the convenience of walking to the Metra station for a stress-free commute to the city and easy access to nearby shopping centers for all your needs. For Investors: Instant Cash Flow: This property is move-in ready and can be rented immediately, generating a steady stream of passive income. The extra living space in the basement adds significant rental value! High Rental Demand: Oak Forest's desirable location and amenities, including the nearby Metra station and shopping centers, ensure strong demand for rental properties, minimizing vacancy periods. Excellent Appreciation Potential: The property's location and condition suggest strong potential for long-term value appreciation. Additional Features: Well-Maintained: Enjoy peace of mind knowing this home has been lovingly cared for. Features include a roof (2007), windows (7-8 years old), furnace and AC (3-4 years old), and a 2020 water heater. Everything is in working order! Don't miss out on this fantastic opportunity! Priced competitively, this one won't last! Schedule a showing today and see for yourself the potential that awaits at 16001 Oak Ave.
Room Features
Basement DescriptionFinished
Dining DescriptionL-shaped
Lot & Building Features
ArchitectureBi-Level
CoolingCentral Air
HeatingElectric, Natural Gas
Parking DescriptionGarage
SewerPublic Sewer
Tax Year2023
WaterLake Michigan
Lot Dimensions6641 ft
Community and Schools
Elementary School15
Junior High SchoolArbor Park Middle School
Senior High SchoolOak Forest High School
Price History of 16001 Oak, Oak Forest, IL
Date
Name
Price
Difference
12/31/1969
Listing Price
$224,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
16001 Oak (MLS #12267403) is a bi-level single family home located in Oak Forest, IL.
This single family home is 1,004 sqft and on a lot of 6,970 sqft (or 0.16 acres) with 3 bedrooms, 2 baths and is 51-60 Years years old. This property was listed on 01/11/2025 and has been priced for sale at $224,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Coldwell Banker Realty