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$400,000 Contingent
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Property Description
Welcome home to this beautifully maintained 3-bedroom, 2-bath ranch in the heart of Elk Grove Village! Offering comfortable one-level living, this home features a concrete driveway with an additional side apron for extra parking, a 1-car attached garage, and a beautifully landscaped yard designed for relaxing and entertaining. The spacious kitchen boasts maple cabinetry, Corian countertops, ceramic tile flooring, a pantry, and a full appliance package, including the washer and dryer. Sliding glass doors lead to an attractive aggregate patio overlooking the private backyard. The inviting family room is highlighted by a cozy wood-burning fireplace, creating the perfect gathering space year-round. The primary bedroom offers direct access to the full bath and features two closets, while the home as a whole offers an incredible amount of storage space throughout. Additional highlights include ceramic tile bathrooms, a crawl space with sump pump, and a newer water heater (2024). Located in a highly desirable neighborhood, this home is just minutes from parks, schools, shopping, dining, and recreation. Enjoy easy access to Ned Brown Forest Preserve (Busse Woods) with miles of walking and biking trails, fishing, and outdoor activities. Nearby amenities include Elk Grove Town Center and Elk Crossing Shopping Center for shopping, restaurants, and everyday conveniences. Residents also enjoy access to numerous neighborhood parks including Marshall Park, Memorial Park, and J. M. Heffern Park. Conveniently located near major expressways, O'Hare Airport, Woodfield Mall, and countless dining and entertainment options, this home offers the perfect combination of comfort, convenience, and community. Move-in ready and meticulously maintained, this is one you won't want to miss!
Full Property Details
Full Property Details for 518 Oak St
General
- Price: $400,000
- Taxes: $6,361 (2025)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12678218
Rental Information
- Complex Features: Park, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Crawl Spac
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood-Burning, Gas Starter
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Whirlpool
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Elk Grove Village
- County: Cook
- Township: Elk Grove
- Driving Directions: Arlington Heights Rd to Elk Grove Blvd Tower Ln To Oak St.
School Information
- School District: 59
- Elem School District: 59
- Midd School District: 59
- High School District: 214
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Windows: Screens
- Square Feet: 1,806
- Sq. Ft. Source: Assessor
- Year Built: 1961
- Built Before 1978: Yes
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 66 x 110 x 66 x 110
- Lot Features: Landscaped
Financial Considerations
- Assessment Year: 1961
- Tax Amount: $6,361
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8283110230000
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Schools
Schools serving 518 Oak St
School Districts:Community Consolidated School District 59, Township High School District 214
| Name | Grades | Distance |
|---|---|---|
Salt Creek Elementary School, Elk Grove Village, IL 65 Jf Kennedy Boulevard, Elk Grove Village, IL 60007 | K-5 | 0.8 mi |
Grove Jr High School 777 West Elk Grove Boulevard, Elk Grove Village, IL 60007 | 6-8 | 0.4 mi |
Elk Grove High School 500 West Elk Grove Boulevard, Elk Grove Village, IL 60007 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 518 Oak St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,509
—
$37,000
34%
2023
$5,509
5%
$27,660
—
2022
$5,254
27%
$27,660
32%
2021
$4,152
1%
$20,950
—
2020
$4,109
-9%
$20,950
-16%
2019
$4,537
-12%
$24,807
-1%
2018
$5,165
—
$25,013
—
2017
$5,158
-2%
$25,013
—
2016
$5,275
11%
$25,013
13%
2015
$4,741
1%
$22,202
—
2014
$4,700
3%
$22,202
—
2013
$4,567
-13%
$22,202
-17%
2012
$5,227
—
$26,739
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 Oak St
518 Oak Street, Elk Grove Village, IL 60007 (MLS# 12678218) is a Single Family property with 3 bedrooms and 2 full bathrooms. 518 Oak Street is currently listed for $400,000 and was received on June 20, 2026. Want to learn more about 518 Oak Street? Do you have questions about finding other Single Family real estate for sale in Elk Grove Village? You can browse all Elk Grove Village real estate or contact a Coldwell Banker agent to request more information.

