Backup offersTour
$5,461 Closing Credit¹
#12323240, Andrew Stoll, Listing Office: Stoll Real Estate
$469,000 List price
540 Lyman Ave Oak Park, IL 60304
$5,569
Closing credit¹
3 beds
1 full, 1 partial
1,344 sqft
0.10 acres
$349 / sqft
House
Property details
About 540 Lyman Ave
Welcome home to this beautiful 3 bedroom, 1.5 bath home in the Arts District of Oak Park. This handsome American foursquare boasts huge curb appeal with a deep front porch spanning the width of the house, perfect for enjoying the tree-lined neighborhood views. Step inside to the warm and inviting living and dining areas with generous west and southern exposures that conspire to attract an abundance of natural light. Cozy up next to the gas fireplace during the colder months and lounge on the rear deck next to the outdoor pool during the summer. Upstairs you will find three bedrooms, including the larger primary and a modern double vanity full bath. The family room, laundry and half bath are located downstairs in the walkout basement. Other amenities include: all stainless appliances, central heating and air conditioning and a two car garage. Also, complete tear off roof replacement in 2023! Last but by no means least is the location, location, location! With easy access to downtown Oak Park, Chicago commuters will find themselves on the I-290 Eisenhower Expressway within minutes of leaving home. Alternatively, both the Green and Blue El lines are less than a mile away and easily accessible on foot.
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size1,344 sqft
BasementYes
Lot size0.1 Acres
Year built1904
ParkingGarage Door Opener, On Site, Garage Owned, Detached, Owned, Garage
MLS #12343506
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Parking: Garage Door Opener, On Site, Garage Owned, Detached, Owned, Garage
- Exterior: Fire Pit
- Architectural Style: American 4-Sq.
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $469,000
- Price/SqFt: $348
- Annual Tax Amount: $12,161
- Tax Year: 2022
- Directions: Two blocks west of Austin and less than one block south of Madison
- Year Built: 1904
- Living Area: 1,344 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 12343506
- MLS Name: MRED
- Office Name: Pyne Properties, LLC
- Office Phone: (877) 944-3744
- Listing Agent: Daniel Pyne
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.
All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 12:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$469,000
540 Lyman Ave
$5,569
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 29, 2002 | Home Sold | $265,000 |
| Oct 18, 2001 | Home Sold | $171,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $35,091 | $12,161 |
| 2021 | $35,091 | $11,884 |
| 2020 | $35,091 | $11,677 |
| 2019 | $29,799 | $10,116 |
| 2018 | $29,799 | $9,735 |
| 2017 | $33,003 | $10,701 |
History based on county public records data.
Nearby schools
6
Henry Wadsworth Longfellow Elementary School
Public District PK-5
0.3 mi
•715 Highland Ave
7
Washington Irving Elementary School
Public District KG-5
0.8 mi
•1125 S Cuyler Ave
9
William Beye Elementary School
Public District KG-5
0.9 mi
•230 N Cuyler Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,345. The most common annual income of people living in Oak Park, IL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
14%
<35k
44%
35k-100k
31%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
16%
Single, with Kids
22%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Boston Market
Starbucks
What do the neighbors drive?
Volvo
Mercedes
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$5,688 Closing Credit¹
#12330929, Michelle Galindo, Listing Office: Baird & Warner
Backup offers
$5,343 Closing Credit¹
#12319069, Frank Scaletta, Listing Office: xr realty
Backup offers
$4,691 Closing Credit¹
#12356058, Richard Holland, Listing Office: Berkshire Hathaway HomeServices Chicago
Backup offers
$6,530 Closing Credit¹
#12329766, Mary Wallace, Listing Office: Coldwell Banker Realty
21 hours on Rocket
$5,878 Closing Credit¹
#12364512, Michael Nowicki, Listing Office: Ideal Location Oak Park RE
$5,569 Closing Credit¹
#12319711, Art Collazo, Listing Office: Jameson Sotheby's Intl Realty
Backup offersTour
$7,113 Closing Credit¹
#12335959, Sondra Savino, Listing Office: Redfin Corporation
Backup offers
$4,156 Closing Credit¹
#12320763, Rosa Andersen, Listing Office: Realty Executives Midwest
Backup offers
$4,631 Closing Credit¹
#12304029, Sydney Salinas, Listing Office: Jameson Sotheby's Intl Realty
Frequently asked questions
About 540 Lyman Ave
The listing price of 540 Lyman Ave property is $469,000.
The property 540 Lyman Ave is a house located in Oak Park, Illinois, 60304.
Active Listing: 540 Lyman Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 540 Lyman Ave are: Henry Wadsworth Longfellow Elementary School (GreatSchools Rating 6/10), Washington Irving Elementary School (GreatSchools Rating 7/10), William Beye Elementary School (GreatSchools Rating 9/10), Julian Middle School (GreatSchools Rating 4/10), DePriest Elementary School (GreatSchools Rating 2/10), Catalyst Charter-Circle Rock Elementary School (GreatSchools Rating 4/10), Austin College and Career Academy High School (GreatSchools Rating 1/10), Douglass Academy High School (GreatSchools Rating 1/10), Oak Park & River Forest High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2022 is $12,161 (source: MLS/based on county public records data).
The last sale was on November 29, 2002 for $265,000 (source: MLS/tax record).
The property at 540 Lyman Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The property 540 Lyman Ave is 1,344 SqFt (source: MLS/tax record).
The year of construction for 540 Lyman Ave is 1904.
This home is located at 540 Lyman Ave in Oak Park, IL and zip code 60304. This 1,344 square foot home, which was built in 1904, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $469,000.
Over 36 listings were sold over their listed price in April 2025 in Oak Park, IL. In the same period over 21 listings were sold below the listed price and 5 listings were sold for the listed price. In April 2025 in Oak Park, IL there were 22.2% more homes for sale than in March. In April 2025, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $441,855.
From Rocket Homes Real Estate and based on county public records data.