Located centrally just 20 miles
Chicago and with easy access to Interstates 88, 290, and 294, and home
to some of the worlds most recognized brands such as McDonalds, Oak
Brook is one Chicago's most desirable suburbs. With just
10,000 residents, Oak Brook is a home to many C level professionals in
addition to hockey players, mobsters and physicians. It is
for its large lots and for having the lowest property taxes in the
county. Residents pay no municipal taxes, so purchasing a
in Oak Brook would come with a tax bill of around $9,700 in annual
property taxes versus Hinsdale where the annual property
taxes would be around $14,700 assuming the assessor placed a $1mm
market value on the property. Oak Brook is home to Oak Brook
nearly 100k in visitors, EVERY DAY.
Oak Brook was incorporated into a Village in 1958 and today there are around 3,200 households in Oak Brook.Today’s buyers who want a gated community have several to choose from with top notch amenities such as tennis courts and swimming pools. Although Oak Brook does not have a typically community feel due to its collection of disconnected subdivisions, there is a strong sense of community within each of the various subdivisions. Each Oak Brook neighborhood is its own community with an active homeowners' association and community events.
As of July 1, 2014. there is a just over a three months supply of single family homes on the market for sale in Oak Brook, Illinois which is almost a 1/3 less than where it was 5 years ago at this time and extremely low.
The time a home stays on the market in Oak Brook, Illinois is around 130 days which is its lowest in many years.
Oak Brook has its own school district, District 53, which includes Brook Forest Elementary School (grades K-5) and Butler Junior High School (grades 6–8). Students that live within the district attend Hinsdale Central High School, district 86. However, some residents of the village are within other DuPage county school districts, attending schools in Elmhurst, Downers Grove or Villa Park.
• Sunshine Montessori of Oak
Brook kids are split between Hinsdale Central (Hinsdale) High School
District 86, Downers Grove
North (Downers Grove), York Community (Elmhurst) and Willowbrook High
Brook is built out, so the only new houses here are on tear down sites
(75 in the last five years) or the occasional dividing of a large
Oak Brook is also the home of many corporate offices. Below are the top ten employers in Oak Brook and the employee counts.
|Employer||Approx. Total Employees|
|Oak Brook Center Mall||3,150|
|Inland Real Estate||804|
|Advocate Health Care||350|
|Lions Clubs Int'l||285|
|Oak Brook Marriott||271|
Midwest Club is one of Oak Brooks most desirable area as it features a gated community containing about 220 homes all set on lots that are at least a half acre and some as much as an acre.
The Midwest Club was originally built in the 1980's and many homes have gone through gut rehabs or complete tear down. As of early 2012, homes in the Midwest Club subdivision of Oak Brook were selling at steep discounts.
2011 and 2012 Midwest Club