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$1,449,900

731 Fair Oaks Ave Oak Park, IL 60302

5 beds
4 full, 1 partial
4,459 sqft
0.4 acres
$325 / sqft
House

Property details

About 731 Fair Oaks Ave

A Stunning Home in the Heart of Oak Park's Tree-lined Frank Lloyd Wright Historic District, 731 Fair Oaks Avenue offers 5 Bedrooms, 4.5 Bathrooms, a Full, Finished Basement all set on a Spectacular Double-wide Lot in a Premium Location. At Almost 4,500 Sqft, this Inviting, Sun-drenched Home with Charming Curb Appeal includes a Welcoming Grand Foyer, Renovated Kitchen, and Expansive Room Sizes. Approx. 5,800 of Living Space including the Basement! Entering into the Foyer, the Living and Dining Room are Elegant yet Comfortable, and beckons you between the Traditional Front of the Home and the Sought after the Newer Kitchen and Family Room Addition in the Back. The Spacious, Bright and Airy Living Room with Transom Windows and Wood Burning Fireplace Centerpiece combined with the Large Formal Dining Room is Perfect for Gatherings or Holidays. The Adjacent Room with Stained Glass Windows/Doors (currently used as an Exercise Room) could be an Office or Relaxing Sun Room. The Fully Upgraded Kitchen features Custom Cabinetry, Two-tier Large Island/Storage, Granite Countertops, High-end Appliances, Recessed Lighting, along with a 22'x16' Eat-in with Vaulted Ceilings, Skylights and a Convenient Working Area, all with Scenic Views of the Back Yard. A few steps down off the Kitchen is the Cozy Family Room and Gas Fireplace. Oak Hardwood Flooring throughout most of Main and Second Level, Home is Freshly Painted, with White Doors, Trim and Base. Walking up the Wide Staircase to the Second Floor, you will find Four Generous Bedrooms and Two Full Bathroom. The Primary Bedroom with Walk-in Custom Closets includes an en-suite Bathroom featuring an Oversized Ceramic Tiled Shower, Large Whirlpool Tub, Upgraded Vanity with Granite Top, Decorative Mirror. Spacious Sleeping Porch/Study Room connects Second and Third Bedrooms! Large Fourth Bedroom with Two Closets. Second Bathroom Includes Soaking Tub and Double Sink Vanity. The Third Floor Offers a Bedroom, Full Bathroom, and a 18'x16' Bonus Room with Skylight - Could be a Nice In-Law or Au pair Suite! The Full, Finished Basement offers Amazing Additional Space - A Huge Recreation Room, Billiard/Game Room, Office, Full Bathroom, Utility Room, plus Three Storage Spaces! The Outdoor Space is Perfect - You Won't Find a More Incredible Back Yard. Spectacular 100'x185' Fenced-in Yard NOT Backing to any Alley (Rare!). Walk out from the Kitchen or Family Room onto Brick Pavers Steps to the Large Patio overlooking the Double-Wide Tranquil Lot, Great for Relaxing or Entertaining. Beautiful Gardening bordering the Fence Line. Well placed 1,500 Sqft Pea Gravel Rock Dog Run on Side. Oversized 2.5 Car Garage with Incredible Side and Rear Storage. Maintenance Highlights: Brand New Roof/Skylights on Home and Garage 2022, AC Compressor/SpacePak 2022, Boiler 2015, 75 Gallon Water Heater 2023, Entire Home and Garage Stucco Recoated 2015, Basement Drain Tiles with Sump Pump and Check Valve System Installed. Near Shopping, Restaurants, Top Notch Schools and Parks. Enjoy all that Oak Park has to Offer, just 20 minutes from Downtown Chicago! See it Now!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Baseboard
StatusAccepting Backup Offers
(Contingent)
CoolingCentral Air, Zoned
Size4,459 sqft
BasementYes
Lot size0.43 Acres
Year built1919
ParkingConcrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
MLS #12402683
Garage2 spaces
FireplaceWood Burning, Gas Log, Gas Starter

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Wine Cooler
  • Basement: Yes
  • Interior: Vaulted Ceiling(s), Walk-In Closet(s), Granite Counters
  • Fireplace: Wood Burning, Gas Log, Gas Starter
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Parking: Concrete, Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • Exterior: Dog Run, Fire Pit
  • Heating: Natural Gas, Baseboard
  • Cooling: Central Air, Zoned
  • List Price: $1,449,900
  • Price/SqFt: $325
  • HOA Amount: $0
  • Annual Tax Amount: $29,742
  • Tax Year: 2022
  • Lot: Wooded
  • Directions: Ridgeland Avenue to Augusta Street to Fair Oaks Avenue to Home
  • Year Built: 1919
  • Living Area: 4,459 SqFt
  • Lot Size: 0.43 Acres
  • MLS Number: 12402683
  • MLS Name: MRED
  • Office Name: Martello Realty Group LLC
  • Office Phone: (708) 535-9640
  • Listing Agent: Brian Martello

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Price information

Property sales

DateEventPrice
Jun 22, 2000
Home Sold
$650,000

Tax history

YearAssessmentProperty Tax
2022$80,874$29,742
2021$80,874$29,016
2020$80,874$28,390
2019$73,691$26,956
2018$73,691$25,943
2017$79,754$27,586

History based on county public records data.

Nearby schools

7

John Greenleaf Whittier Elementary School

Public District PK-5

0.3 mi

715 N Harvey Ave

4

Hatch Elementary School

Public District KG-5

0.5 mi

1000 N Ridgeland Ave

8

Oliver Wendell Holmes Elementary School

Public District KG-5

0.5 mi

508 N Kenilworth Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $186,017. The majority of Oak Park, IL residents have income $200k+ annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

4%
<35k
22%
35k-100k
28%
100k-200k
46%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

15%
Single, No Kids
7%
Single, with Kids
37%
Married, No Kids
41%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
14%
12-17 yrs old
8%
18-34 yrs old
50%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 731 Fair Oaks Ave

The listing price of 731 Fair Oaks Ave property is $1,449,900.

The property 731 Fair Oaks Ave is a house located in Oak Park, Illinois, 60302.

Accepting Backup Offers: 731 Fair Oaks Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 731 Fair Oaks Ave are: John Greenleaf Whittier Elementary School (GreatSchools Rating 7/10), Hatch Elementary School (GreatSchools Rating 4/10), Oliver Wendell Holmes Elementary School (GreatSchools Rating 8/10), Lovett Elementary School (GreatSchools Rating 6/10), Sayre Elementary Language Academy (GreatSchools Rating 4/10), Brunson Math and Science Specialty Elementary School (GreatSchools Rating 3/10), Oak Park & River Forest High School (GreatSchools Rating 8/10), Douglass Academy High School (GreatSchools Rating 1/10), Austin College and Career Academy High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2022 is $29,742 (source: MLS/based on county public records data).

The last sale was on June 22, 2000 for $650,000 (source: MLS/tax record).

The property at 731 Fair Oaks Ave has 5 bedrooms and 4 full and 1 half bathrooms.

The property 731 Fair Oaks Ave is 4,459 SqFt (source: MLS/tax record).

The year of construction for 731 Fair Oaks Ave is 1919.

This home is located at 731 Fair Oaks Ave in Oak Park, IL and zip code 60302. This 4,459 square foot home, which was built in 1919, sits on a 0.43 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 30, 2025 and is currently priced at $1,449,900.

While more than 40 listings in Oak Park, IL in June 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 20 were sold below. The number of homes for sale in Oak Park, IL increased by 10.6% between May and June 2025. In June 2025 median list price was $442,000 and the average listing age was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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