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.
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.
Description
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.
Oakwood Key Stats Last 12 months
Avg. Listed Price-
Avg. Sale Price$800,000($534/Sqft.)
Year over year list price0.00%
Year over year sale price0.00%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market46 days
Average HOA fees per sqft$2 /monthly
Key Stats
Year over year list price0.00%
Year over year sale price0.00%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market46 days
Average HOA fees per sqft$2 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
Low
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
High
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
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.
Amenities Description
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.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Elevator(s)
Security Door Lock(s)
Patio
Receiving Room
Storage
Balcony
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 Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
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 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.
Nearby Schools
Situated in , Oakwood is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.
School of St Mary
--
Private|Grades PK–8
185 E Illinois Rd|0.09 miles away
Deer Path Middle School East
B-
Public|Grades 5–6
95 W Deerpath|0.4 miles away
Deer Path Middle School West
B
Public|Grades 7–8
155 W Deerpath|0.47 miles away
Lake Forest Country Day School
--
Private|Grades PK–8
145 S Green Bay Rd|0.82 miles away
Lake Forest High School
A-
Public|Grades 9–12
1285 N McKinley Rd|1.08 miles away
Sheridan Elementary School
B+
Public|Grades PK–4
1360 N Sheridan Rd|1.08 miles away
Schools
What to know about schools
Description
Situated in , Oakwood is surrounded by schools within a 2-mile radius. Nearby educational options simplify school commutes and daily schedules. Families enjoy improved convenience and accessibility. This well-connected area supports long-term residential living.
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|Less than 1 Mile Away
Lake Forest High School
A-
Public|Grades 9–12
1285 N McKinley Rd|1.08 Miles Away
Sheridan Elementary School
B+
Public|Grades PK–4
1360 N Sheridan Rd|1.08 Miles Away
Woodlands Academy of the Sacred Heart
--
Private|Grades 9–12
760 E Westleigh Rd|1.10 Miles Away
Cherokee Elementary School
B
Public|Grades KG–4
475 Cherokee Rd|1.65 Miles Away
Lake Bluff Middle School
B+
Public|Grades 6–8
31 E Sheridan Pl|1.83 Miles Away
Transit
Located in a transit-friendly area of Lake Forest, Oakwood provides easy access to nearby public transportation. Within a 2-mile radius, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.9% are children aged 0–14, 28.68% are young adults between 15–29, 6.43% are adults aged 30–44, 21.55% are in the 45–59 range and 32.44% are seniors aged 60 and above.
Commuting options are also varying where 44.22% of residents relying on driving, while others prefer public transit around 32.08%, walking around 6.71%, biking around 0.43%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.66% of units owner occupied and 23.34% are rented.
The neighborhood offers different household types. About 22.88% are single family homes and 3.02% are multi family units. Around 37.21% are single-person households, while 62.79% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 38% of residents have bachelor’s degrees. Around 2.93% have high school or college education. Another 3.44% hold diplomas while 44.11% have completed postgraduate studies. The remaining are 11.52% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.9% are children aged 0–14, 28.68% are young adults between 15–29, 6.43% are adults aged 30–44, 21.55% are in the 45–59 range and 32.44% are seniors aged 60 and above.
Commuting options are also varying where 44.22% of residents relying on driving, while others prefer public transit around 32.08%, walking around 6.71%, biking around 0.43%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 76.66% of units owner occupied and 23.34% are rented.
The neighborhood offers different household types. About 22.88% are single family homes and 3.02% are multi family units. Around 37.21% are single-person households, while 62.79% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 38% of residents have bachelor’s degrees. Around 2.93% have high school or college education. Another 3.44% hold diplomas while 44.11% have completed postgraduate studies. The remaining are 11.52% with other types of qualifications.
Age Demographics
0–14 Years
10.9%
15–29 Years
28.68%
30–44 Years
6.43%
45–59 Years
21.55%
60+ Years
32.44%
Commute
32.08%
Transit
6.71%
Walk
44.22%
Drive
0.43%
Bike
Housing Ownership
76.66%
Owner Occupied
23.34%
Rental Units
Household Types
Single Family
22.88%
Multi Family
3.02%
Single Person
37.21%
Multi Person
62.79%
Average Income
Household:$17,855,941.87 /yr
Individual:$10,879,606.14 /yr
Education
Bachelors Degree38%
High School College2.93%
Diploma3.44%
Post Graduate44.11%
Others11.52%
Education
Diploma3.44%
Post Graduate44.11%
Others11.52%
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