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$474,900 Contingent
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Property Description
Beautifully Updated Raised Ranch in the Heart of Oak Lawn! This light-brick raised ranch has been completely updated, offering the feel of brand-new construction. Enjoy peace of mind with all new windows, mechanicals, and modern finishes throughout.Main Level: 3 bedrooms and 1.5 baths, a stunning new kitchen with white shaker cabinets, granite counters, and stainless steel appliances, plus bright and spacious living areas.Lower Level: Fully finished with 3 additional bedrooms, a full bath, wet bar with beverage refrigerator, large family room-perfect for extended living, guests, or a home office. With a total of 6 bedrooms and 2.5 baths, this home is a rare find. Every detail has been updated with style and quality, making it truly move-in ready. Large yard, side drive and oversized 2.5 car garage. A perfect "10"!!!
Full Property Details
Full Property Details for 5316 Otto Pl
General
- Price: $474,900
- Taxes: $1,486 (2023)
- Status: Contingent
- Type: Single Family
- Source: MRED
- MLS ID: 12481868
- Updated: 1/11/2026
- Added to Site: 113 day(s) ago
Interior
- Basement: Finished, F
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Basement, Electric
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 6
- Bedrooms(Blw Grade): 3
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Concrete, Side Driveway, Garage Door Opener, Yes, Detached, Garage
Location
- Area: Oak Lawn
- County: Cook
- Township: Worth
- Driving Directions: 91st Street to 53rd Ct. North to Otto, east to address.
School Information
- School District: 123
- Elem School District: 123
- Midd School District: 123
- High School District: 229
- High School: Oak Lawn Comm High School
- Private School: Oak Lawn Comm High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Model: RAISED RANCH
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Square Feet: 2,592
- Sq. Ft. Source: Estimated
- Year Built: 1971
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Manufactured Home
- Model: RAISED RANCH
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 124
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1971
- Tax Amount: $1,486
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 24041110600000
Listed by Re/Max 10
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Schools
Schools serving 5316 Otto Pl
| Name | Grades | Distance |
|---|---|---|
J Covington Elementary School 9130 South 52nd Avenue, Oak Lawn, IL 60453 | K-5 | 0.2 mi |
Sward Elementary School 9830 Brandt Avenue, Oak Lawn, IL 60453 | K-5 | 1.1 mi |
Hometown Elementary School 8870 South Duffy Avenue, Hometown, IL 60456 | PK-5 | 1.2 mi |
Oak Lawn-Hometown Middle School 5345 West 99th Street, Oak Lawn, IL 60453 | 6-8 | 1.1 mi |
Oak Lawn Community High School 9400 Southwest Highway, Oak Lawn, IL 60453 | 9-12 | 1 mi |
J M Hannum Elementary School 9800 South Tripp Avenue, Oak Lawn, IL 60453 | K-5 | 1.6 mi |
Kolmar Avenue Elementary School 10425 Kolmar Avenue, Oak Lawn, IL 60453 | PK-5 | 2 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 5316 Otto Pl
Date
Details
Price
Change
Source
9/26/2025
Listed
$474,900
82.65%
MLS
4/23/2025
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5316 Otto Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,486
-22%
$27,000
44%
2022
$1,899
5%
$18,699
—
2021
$1,808
10%
$18,699
—
2020
$1,651
-9%
$18,699
-7%
2019
$1,823
4%
$20,104
—
2018
$1,757
2%
$20,104
—
2017
$1,729
-36%
$20,104
20%
2016
$2,699
-4%
$16,820
—
2015
$2,805
3%
$16,820
—
2014
$2,715
9%
$16,820
-16%
2013
$2,497
8%
$19,907
—
2012
$2,318
—
$19,907
—
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 5316 Otto Pl
5316 Otto Place, Oak Lawn, IL 60453 (MLS# 12481868) is a Single Family property with 6 bedrooms, 2 full bathrooms and 1 partial bathroom. 5316 Otto Place is currently listed for $474,900 and was received on September 26, 2025. Want to learn more about 5316 Otto Place? Do you have questions about finding other Single Family real estate for sale in Oak Lawn? You can browse all Oak Lawn real estate or contact a Coldwell Banker agent to request more information.

