509 N. Oak Park Ave | Zillow.com
509 N. Oak Park Ave | Zillow.com
If you’re looking to pay top dollar in Oak Park, prices range from $999,000 to $2.15 million, according to real estate site Zillow.
A 9,500-square-foot home listed at $2.15 million has sat on the market for nearly two years. It was the most expensive house for sale in the west suburban city at the time data was gathered in March. Property taxes at that address were reported to be $55,343 in 2016 – an effective tax rate of 2.6 percent.
The effective property tax rate refers to the percentage of a home's value the owner pays in property taxes each year. In Illinois, the average homeowner pays 2.3 percent of their home value in property taxes – much higher than homeowners in Indiana (0.87 percent) and Colorado (0.60 percent).
What rates will high-end buyers pay?
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Most Expensive Homes for Sale in Oak Park
| Address | Beds | Baths | Square Feet | Asking Price | Days on Zillow | Price per square foot |
| 509 N. Oak Park Ave | 6 | 7 | 9,500 | $2,150,000 | 704 | $226 |
| 638 N. Kenilworth Ave. | 5 | 8 | 11,000 | $1,875,000 | 651 | $170 |
| 731 Linden Ave. | 6 | 5 | 5,600 | $1,695,000 | 707 | $303 |
| 703 N. East Avenue | 5 | 5 | 6,000 | $1,499,900 | 280 | $250 |
| 309 Linden Ave. | 4 | 5 | 4,180 | $1,450,000 | 56 | $347 |
| 630 N. East Ave. | 5 | 5 | 3,500 | $1,349,500 | 59 | $386 |
| 526 Augusta St | 5 | 5 | 6,918 | $1,300,000 | 24 | $188 |
| 434 N. East Ave. | 4 | 3 | 3,872 | $1,170,000 | 175 | $302 |
| 701 Columbian Ave. | 5 | 4 | 6,000 | $1,099,000 | 210 | $183 |
| 1016 N. Oak Park | 5 | 3 | 3,300 | $1,099,000 | 298 | $333 |
| 159 N. Cuyler | 5 | 6 | 4,500 | $1,099,000 | 145 | $244 |
| 506 N. Euclid | 5 | 5 | 4,169 | $1,075,000 | 379 | $258 |
| 210 S. Euclid | 7 | 6 | 3,800 | $1,049,000 | 263 | $276 |
| 317 N. East | 5 | 4 | 4,053 | $1,025,000 | 343 | $253 |
| 620 N. Euclid | 6 | 8 | 10,150 | $999,900 | 221 | $99 |
Upper Bracket: Oak Park Effective Property Tax Rates
| Address | Asking Price | 2016 Taxes | Effective Tax Rate at Ask |
| 620 N. Euclid | $999,900 | $66,249 | 6.63% |
| 701 Columbian Ave. | $1,099,000 | $33,826 | 3.08% |
| 526 Augusta St | $1,300,000 | $36,565 | 2.81% |
| 731 Linden Ave. | $1,695,000 | $45,059 | 2.66% |
| 434 N. East Ave. | $1,170,000 | $30,813 | 2.63% |
| 509 N. Oak Park Ave | $2,150,000 | $55,343 | 2.57% |
| 317 N. East | $1,025,000 | $24,031 | 2.34% |
| 210 S. Euclid | $1,049,000 | $23,435 | 2.23% |
| 703 N. East Avenue | $1,499,900 | $32,422 | 2.16% |
| 1016 N. Oak Park | $1,099,000 | $23,351 | 2.12% |
| 638 N. Kenilworth Ave. | $1,875,000 | $39,108 | 2.09% |
| 506 N. Euclid | $1,075,000 | $22,409 | 2.08% |
| 309 Linden Ave. | $1,450,000 | $28,452 | 1.96% |
| 159 N. Cuyler | $1,099,000 | $15,024 | 1.37% |
| 630 N. East Ave. | $1,349,500 | $17,277 | 1.28% |
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