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$255,000
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Property Description
This beautifully updated home is move-in ready with major improvements already completed. The property features a brand-new roof (August 2025), new gutters (March 2025), and the majority of windows replaced in 2025. Inside, you'll find freshly painted spaces, a renovated bathroom (2023), and updated kitchen appliances including a new dishwasher and microwave (2025). The furnace has been well maintained, the AC is just six years old, and public water and new city sewers were added in 2023 for extra peace of mind. Outside, enjoy a huge fenced in backyard, a covered front porch, and an oversized two-car garage with a brand-new extra long driveway (2023). Conveniently located 5 minutes from downtown Tinley Park and public transportation this home offers the perfect blend of updates, charm, and space-ready for its next owners to move right in and enjoy.
Full Property Details
Full Property Details for 5551 Margie Ln
General
- Sold For: $255,000
- Taxes: $4,949 (2023)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12459739
- Added to Site: 133 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Oak Forest
- County: Cook
- Driving Directions: From 159th St. head South on Central turn East on Margie to Home.
School Information
- School District: 145
- Midd School District: 145
- Elementary School: Scarlet Oak Elementary School
- Middle School: Arbor Park Middle School
- High School: Oak Forest High School
- Private School: Oak Forest High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Crawl Space
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 1,095
- Sq. Ft. Source: Assessor
- Year Built: 1962
- Built Before 1978: Yes
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9490
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1962
- Tax Amount: $4,949
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 28211190020000
Listed by Village Realty, Inc.
Sold by Real Broker LLC
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Schools
Schools serving 5551 Margie Ln
School Districts:Arbor Park School District 145, Bremen Community High School District 228
| Name | Grades | Distance |
|---|---|---|
Scarlet Oak Elementary School 5731 Albert Drive, Oak Forest, IL 60452 | 3-4 | 0.6 mi |
Kimberly Heights Elementary School 6141 Kimberly Drive, Tinley Park, IL 60477 | PK-K | 1 mi |
Arbor Elementary School 17303 Central Ave, Oak Forest, IL 60452 | 1-2 | 1.5 mi |
Oak Forest High School 15201 Central Avenue, Oak Forest, IL 60452 | 9-12 | 1.1 mi |
Arbor Park Middle School 17303 Central Ave, Oak Forest, IL 60452 | 5-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5551 Margie Ln
Date
Details
Price
Change
Source
10/21/2025
Sold
$255,000
—
MLS
9/05/2025
Listed
$255,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5551 Margie Lane, Oak Forest, IL 60452 (MLS# 12459739) is a Single Family property that was sold at $255,000 on October 21, 2025. Want to learn more about 5551 Margie Lane? Do you have questions about finding other Single Family real estate for sale in Oak Forest? You can browse all Oak Forest real estate or contact a Coldwell Banker agent to request more information.

