Oak Lawn Real Estate & Homes For Sale In Cook County, Illinois

Homes for Sale in Oak Lawn

Oak Lawn Real Estate & Homes for Sale In Illinois

Oak Lawn is a beautiful and peaceful suburban village situated only just minutes away from Chicago. Characterized as a bedroom community filled with safe schools, open parks, and well-kept residential streets, the Oak Lawn community provides a unique hometown atmosphere despite its proximity to the nation's third largest metropolis area.

Many businesses in the village are privately-owned, offering a variety of goods that attract shoppers from throughout the region. Oak Lawn's downtown district is lined with a vast array of restaurants, pubs, bars and nightclubs in addition to the many sidewalk delis, coffeehouses and specialty shops that coexist with residential properties in family-oriented neighborhoods. Because of its location and maturity as a community, Oak Lawn emphasizes redevelopment rather than development. This has translated into an aggressive beautification project that has focused on refurbishing store fronts, improving parks and public spaces and preserving plant life.

Oak Lawn residents benefit from a sophisticated public transportation network system and the many recreational and cultural amenities found in downtown Chicago and surrounding suburbs. Employment opportunities abound, as does the opportunity to pursue education beyond high school at one of the region's many prestigious universities.

The Oak Lawn real estate market has attractive and affordable homes, which has brought many young families to the village in recent years. Housing options consist of single family homes, townhouses, condos, and a few plots of land for custom home development. So, if you are considering a move to the greater Chicago area, look no further than the Village of Oak Lawn and discover for yourself why so many call this inviting community their home.

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Price Range of Oak Lawn Homes for Sale in Cook County

The Oak Lawn real estate market offers a wide variety of house types. Colonial, bungalow, traditional and ranch style homes can be found scattered throughout the community, offering multi-level floor plans, basements and hardwood floors.

Condominium and townhouses are readily available in Oak Lawn, ranging in sale price from $100,000 to $400,000 and more depending on size, location and structure. Two to four bedroom homes in Oak Lawn range in sale price from $250,000 - $800,000+ and can be found in friendly neighborhoods near parks, schools and regional shopping centers. Stately homes and palatial estate properties, featuring impeccable amenities, range in price from $900,000 to $4 million and more. Select historic real estate is also available in Oak Lawn, as are plots of land for custom home building and development.

Oak Lawn IL Real Estate for the week of January 23rd, 2012: homes priced around $181,991 compared to $182,757 the previous week, for a slight decrease of less than -1%.  For Thursday, January 26th, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.24%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.46%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Oak Lawn IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Oak Lawn, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Oak Lawn, Oak Lawn neighborhood information, crime stats, home values, and schools in Oak Lawn to help you find the best home!