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HOUSING
2003 Construction Improvements/Valuation
Number of Permit: 7,024
Value of Improvements: $98,292,085
2003 Home Sales
Average $394,522 (612 sold)
Median $360,000
2003 Condo Sales
Average $171,644 (409 sold)
Rental Rates
Studio $565 - $650
1 Bedroom $675 - $900
2 Bedrooms $900 - $1400+
3 Bedrooms: $1100 - $1600+
Homes: $1500 - $2200+
Housing Stock
Housing Units 23,723
Occupied Housing Units 23,079
-Rented 10,093
-Owned 12,986
Family Household 12,980
(2 or more related people)
Avg. persons per household 2.26
Single family dwellings 10,029
-2-flats 759
-3-flats 116
-Townhomes 375
Multi-family dwellings
Rental Buildings 417
-Number of units 7508
Condo Buildings 276
-Number of units 2,958+
Vacancy Rate 6.5% Renter,
2.0% Owner
2002 Tax Rate $11.86 / $1000 of equalized assessed
valuation
Information compiled by:
The Village of Oak Park
Community Services Department
Community Relations Division
123 Madison Street Oak Park, IL 60302-4272
.708. 358.5423
Fax 708.383.6692
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