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  1. Home
  2. /Lake Forest, IL
  3. /
    Oakwood

Oakwood

501 Oakwood Avenue, Lake Forest, IL, 60045

OakwoodCommunity
0 Units for Sale

Building imageView Listing
MLS ID #11971668
Building ImagesView ListingMLS ID #11971668
Building ImagesView ListingMLS ID #11971668
Building ImagesView ListingMLS ID #11641540
Building ImagesView ListingMLS ID #11641540
YearBuilt

Year Built

1977

Stories

# Stories

3

#TotalUnits

# Total Units

13
UnitSizeRange

Unit Size Range

2,450-2,550 sqft

UnitDemand

Unit Demand

Stories

High

UnitAvailability

Unit Availability

Stories

Low


About Oakwood

Oakwood is situated at 501 Oakwood Avenue in Lake Forest. This building is a low-rise structure with 3 stories and consists of 13 units. It was built in 1977 and has a mix of 1, 2, and 3-bedroom units. The sizes of the units range from 2,450 to 2,550 square feet. The prices for the units range from $740,000 to $800,000. This translates to an average price of about $534 per square foot based on recent sales. The average time these units stay on the market is 46 days, allowing buyers some time to think about their opportunities. The building includes a receiving room and elevators, adding comfort and ease for residents. Its layout provides ample space for enjoying a relaxed lifestyle. Lake Forest is known for its charming neighborhoods, and this building fits right in with the area. Residents can enjoy nearby restaurants such as Egg Harbor Cafe, Chief's Pub, and Ckh and Sons. These options bring some variety to local dining experiences. Access to roads is straightforward, making commutes hassle-free and connecting residents to the rest of the community. Lake Michigan is a short drive away, perfect for those who love outdoor activities. Living in Oakwood means enjoying a peaceful neighborhood while still being close to water and other recreational spots. The overall setting balances tranquility and access to local amenities.

Building imageView Listing
MLS ID #11971668
Building ImagesView ListingMLS ID #11971668
Building ImagesView ListingMLS ID #11971668
Building ImagesView ListingMLS ID #11641540
Building ImagesView ListingMLS ID #11641540

Amenities

Living at Oakwood comes with a few delightful perks. The building boasts modern elevators for easy access to upper floors, making it a breeze to move your things in or enjoy quick trips around the building. There's also a receiving room that welcomes guests and adds an extra touch of convenience to your lifestyle. These amenities enhance your daily experiences, helping you feel right at home from the moment you step inside.

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPool
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

While living in a condo provides many freedoms, Oakwood has policies in place to ensure a harmonious community. There are some size and number limits to consider, which helps maintain a calm and pleasant environment for everyone. It’s essential to understand these guidelines as they shape your living experience at Oakwood.

Pet AllowedPets AllowedCheck Icon
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Oakwood Market Report (last 12 months)

Avg. List Price
$0
Year-Over-Year List Price
0.00%
Total Listings
Listings0
Avg. Days On Market
Calendar46
Avg. Sale Price
$800,000 ($534/Sqft.)
Year-Over-Year Sale Price
0.00%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$2 /monthly

Oakwood Sales History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 1D1D150022462024-03-19
MLS#: 11971668
Closed$800,000
Unit 2C2C20693312022-09-06
MLS#: 11486289
Closed$700,000
Unit 3-C3-C2500341292007-09-27
MLS#: 06522500
Closed$740,000
Unit 1D
1D

2 Beds

2 Baths

1500 sqft

Days On Market46

DateStatusPrice
2024-03-19Closed$800,000
MLS#: 11971668
Unit 2C
2C

3 Beds

3 Baths

2069 sqft

Days On Market1

DateStatusPrice
2022-09-06Closed$700,000
MLS#: 11486289
Unit 3-C
3-C

3 Beds

4 Baths

2500 sqft

Days On Market129

DateStatusPrice
2007-09-27Closed$740,000
MLS#: 06522500
View Complete Unit Listing HistorySource By: MRED

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Oakwood$534/sqft.$2 /sqft.
333 E Westminster Rd$629/sqft.$3 /sqft.
333 E Westminster Road$629/sqft.$3 /sqft.
153 E Laurel Avenue$414/sqft.$2 /sqft.
153 E Laurel Ave$414/sqft.$2 /sqft.
Laurel Place$452/sqft.$2 /sqft.

Nearby Schools

Discover top-rated schools located close to Oakwood.

School of St Mary

--
Private|Grades PK–8
185 E Illinois Rd|0.13 miles away

Deer Path Middle School East

B-
Public|Grades 5–6
95 W Deerpath|0.54 miles away

Deer Path Middle School West

B
Public|Grades 7–8
155 W Deerpath|0.63 miles away

Lake Forest Country Day School

--
Private|Grades PK–8
145 S Green Bay Rd|1.11 miles away

Lake Forest High School

A-
Public|Grades 9–12
1285 N McKinley Rd|1.46 miles away

Sheridan Elementary School

B+
Public|Grades PK–4
1360 N Sheridan Rd|1.46 miles away
Schoolsarrow right
View nearby schools
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Schools

School of St Mary

--
Private|Grades PK–8
185 E Illinois Rd|Less than 1 Mile Away

Deer Path Middle School East

B-
Public|Grades 5–6
95 W Deerpath|Less than 1 Mile Away

Deer Path Middle School West

B
Public|Grades 7–8
155 W Deerpath|Less than 1 Mile Away

Lake Forest Country Day School

--
Private|Grades PK–8
145 S Green Bay Rd|1.11 Miles Away

Lake Forest High School

A-
Public|Grades 9–12
1285 N McKinley Rd|1.46 Miles Away

Sheridan Elementary School

B+
Public|Grades PK–4
1360 N Sheridan Rd|1.46 Miles Away

Woodlands Academy of the Sacred Heart

--
Private|Grades 9–12
760 E Westleigh Rd|1.48 Miles Away

Cherokee Elementary School

B
Public|Grades KG–4
475 Cherokee Rd|2.23 Miles Away

Lake Bluff Middle School

B+
Public|Grades 6–8
31 E Sheridan Pl|2.48 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

Lake Forest.

0.35 miles away|7 min walk
Transitarrow right
View nearby transit options
Next

Transit

Lake Forest.

0.35 miles away|7 min walk

The Neighborhood:

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  1. Home
  2. /Lake Forest, IL
  3. /
    Oakwood
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