Year Built
1977
# Stories
3
# Total Units
13Unit Size Range
2,450-2,550 sqft
Unit Demand
High
Unit Availability
Low
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.
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.
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.
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| Unit | Size (sqft) | Beds | Baths | Days On Market | Date | Status | Price | |
|---|---|---|---|---|---|---|---|---|
| 1D | 1500 | 2 | 2 | 46 | 2024-03-19 MLS#: 11971668 | Closed | $800,000 | |
| 2C | 2069 | 3 | 3 | 1 | 2022-09-06 MLS#: 11486289 | Closed | $700,000 | |
| 3-C | 2500 | 3 | 4 | 129 | 2007-09-27 MLS#: 06522500 | Closed | $740,000 |

2 Beds
2 Baths
1500 sqft
| Date | Status | Price |
|---|---|---|
| 2024-03-19 | Closed | $800,000 |

3 Beds
3 Baths
2069 sqft
| Date | Status | Price |
|---|---|---|
| 2022-09-06 | Closed | $700,000 |

3 Beds
4 Baths
2500 sqft
| Date | Status | Price |
|---|---|---|
| 2007-09-27 | Closed | $740,000 |
| Building Name | Avg price per square foot | AVG 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. |
Berkshire Hathaway Starck Real Estate
Paul Ambrogio
Serving Chicago and all of Northern IL
13300 IL RT 47
Huntley, Illinois 60142