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$185,000 Just Listed
Property Description
Classy top-floor 1-bedroom condo in a prime Oak Park location! Well-maintained and investor-friendly, this bright unit features hardwood floors throughout, an open kitchen with granite countertops and a large island, and a spacious bedroom with a glass door and two closets. The building offers an elevator, designated outdoor parking, coin laundry, and individual storage. Rentals are allowed with no rental cap! Recent updates include water heater (2023), dishwasher (2025), living room A/C (2020), garbage disposal (2020), and microwave (2020). Walk to the Blue, Green & Metra lines and downtown Oak Park. Located in the acclaimed Oak Park school district. Motivated seller! Great location, excellent investment opportunity, and priced to sell!
Full Property Details
Full Property Details for 1041 Susan Collins Ln #501
General
- Price: $185,000
- HOA FEE: $342/month
- Taxes: $4,758 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12740322
- Updated: 8/27/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Bike Room/Bike Trails, Coin Laundry, Storage
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 1
- Parking Features: Assigned, Yes, Other
Location
- Area: Oak Park
- County: Cook
- Township: Oak Park
- Driving Directions: At the corner of Madison St and Wisconsin Ave.
School Information
- School District: 97
- Elem School District: 97
- Midd School District: 97
- High School District: 200
- Elementary School: Abraham Lincoln Elementary Schoo
- Middle School: Gwendolyn Brooks Middle School
- High School: Oak Park & River Forest High Sch
- Private School: Oak Park & River Forest High Sch
Community
- Assoc. Fees Include: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Pets Allowed: Yes
- Pets: Number Limit
- Pet Restrictions: Number Limit
- Mgmt. Company: Reliable Property Managers, LLC
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 5
- Stories/Levels: 5
- Square Feet: 800
- Sq. Ft. Source: Estimated
- Year Built: 1999
Unit Information
- Units in Building: 21
Lot Features
- Lot Dimensions: Common
Animals
- Animals Allowed: Number Limit
Financial Considerations
- Association Fee: $342
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 1999
- Tax Amount: $4,758.64
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 16073230551017
Listed by Concentric Realty, Inc
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Schools
Schools serving 1041 Susan Collins Ln #501
School Districts:Oak Park and River Forest District 200, Oak Park Elementary School District 97
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln Elementary School, Oak Park, IL 1111 South Grove Avenue, Oak Park, IL 60304 | K-5 | 0.9 mi |
Gwendolyn Brooks Middle School 325 South Kenilworth Avenue, Oak Park, IL 60302 | 6-8 | 0.3 mi |
Oak Park & River Forest High School 201 North Scoville Avenue, Oak Park, IL 60302 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1041 Susan Collins Ln #501
Date
Details
Price
Change
Source
8/27/2026
Listed
$185,000
79.61%
MLS
5/02/2017
Sold
$103,000
—
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 1041 Susan Collins Ln #501
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,390
—
$13,468
—
2023
$4,390
-5%
$13,467
12%
2022
$4,611
3%
$12,009
—
2021
$4,494
3%
$12,009
—
2020
$4,384
2%
$12,009
7%
2019
$4,297
4%
$11,199
—
2018
$4,136
2%
$11,199
—
2017
$4,045
-15%
$11,199
-5%
2016
$4,769
12%
$11,848
—
2015
$4,273
8%
$11,848
—
2014
$3,970
-4%
$11,848
-7%
2013
$4,124
-15%
$12,673
-15%
2012
$4,832
—
$14,852
—
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 1041 Susan Collins Ln #501
1041 Susan Collins Lane #501, Oak Park, IL 60302 (MLS# 12740322) is a Condo property with 1 bedroom and 1 full bathroom. 1041 Susan Collins Lane #501 is currently listed for $185,000 and was received on August 27, 2026. Want to learn more about 1041 Susan Collins Lane #501? Do you have questions about finding other Condo real estate for sale in Oak Park? You can browse all Oak Park real estate or contact a Coldwell Banker agent to request more information.
