5 Oak Lane Park Forest, IL $ 199,900
5 Oak Lane
$ 199,900
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5 Oak Lane

Park Forest, IL, 60466
$ 199,900
Bedrooms3 Baths2.0 Sq 1,171

Monthly Estimate*

$ 1,247

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Single Family Home for sale in Park Forest, IL

for $199,900 with 3 bedrooms and 2 full baths. This 1,171 square foot home was built in 1951.

This beautifully renovated 3-bedroom, 2-bath home combines modern updates with timeless charm. From the moment you arrive, the manicured landscaping and inviting exterior makes a lasting impression. Inside, you'll find new flooring throughout and a brand-new kitchen featuring sleek cabinets, stylish finishes, and plenty of workspace. The family room boasts vaulted ceilings with exposed wood beams and a cozy wood-burning fireplace, creating a warm and welcoming atmosphere. Enjoy additional living space in the spacious living room, perfect for entertaining or relaxing. A separate laundry room adds convenience, while each of the three large bedrooms offers comfort and ample storage. Both bathrooms have been tastefully updated, completing this move-in-ready home that truly has it all. Seller is offering a $5,000 appliance credit. Schedule your viewing today!

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Single Family Active

Price

$ 199,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 10,248

Style

Year Built

1951

Town/City

Park Forest

County/Region

Cook

MLS | Web ID

12491162

Features
General
Living Area 1171
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Association Fee Includes None
Construction Materials Aluminum Siding
Year Built 1951
Township Rich
Tax Year 2023
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 7
Full Baths 2
Status Active
Directions South on Western Ave. West on Apple ln. South on Oak Ln to property.
City Park Forest
High School District 206
MLS Area Park Forest
Tax Annual Amount 10248
Standard Status Active
Middle/Junior School District 163
Elementary School District 163
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Interior
Basement None
Half Baths 0
Total Bedrooms 3
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 3
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Exterior
Parking Features Yes
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 8280
Waterfront Y/N N
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* Excluded Features
List By
L. Upshaw Realty

Broker

lupshawrealty@gmail.com;lupshawrealty@gmail.com

Email

Affordability Calculator

$2,101
Per Month
59%
41%
0%
Monthly Principal & Interest
$1,247
Monthly Property Taxes
$854
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564921 Elementary School
564614 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$199,900 -4.81% Price Down
10/21/2025$210,000 Listed Price

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5 Oak Lane, Park Forest, IL, 60466 is a Single Family Home for sale at $199,900 with 1,171 sqft. 5 Oak Lane has 3 bedrooms, 2.0 baths, and was built in 1951. The property's zip code is 60466 which is in Park Forest, IL