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    242 S Maple Ave, Unit 3W Oak Park, IL 60302

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    For Sale
    $160,000

    One-bed, one-bath condo with updated appliances and ample storage.

    Property size:
    810 SF

    Property Features for 242 S Maple Ave

    General Information

    Size
    810 SF

    Building Details

    Year built
    1920

    Source: KW ONEChicago Agent Kristine Murphy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vintage Condo in Downtown Oak Park

    This vintage one-bedroom, one-bathroom condo is located in downtown Oak Park. The light-filled home features large living and dining spaces with hardwood flooring, original trim, and moldings throughout. The kitchen includes updated appliances and a newer dishwasher, as well as in-unit laundry. Ample storage is available within the condo, and a dedicated storage unit is located in the basement. The property is situated in close proximity to shopping, dining, art, community events, Mills and Scoville Parks, Metra, CTA, and major highways. The property size is 810 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8033889
    Latitude
    41.8838896

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    FAQs

    What type of property is this?
    Single family property - One-bed, one-bath condo with updated appliances and ample storage.
    Where is this single family property located?
    The property is located at 242 S Maple Ave, Unit 3W Oak Park, IL.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Prime downtown Oak Park location: close to shopping, dining, art, community events, parks, and transportation.; - Updated kitchen appliances, including a newer dishwasher, and in-unit laundry.; - Large, light-filled living and dining spaces with hardwood flooring.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 S Maple Ave, Unit 3W Oak Park, IL 60302
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