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Get A 2-Bedroom Edison Park Townhouse for Under $190K: 6442 N. Oketo

This 2-bedroom townhouse at 6442 N. Oketo in Edison Park came on the market in November 2011.

It is just a short walk to the Metra and the Olympia Park.

Both bedrooms on are on the second floor.

It also has a full, unfinished basement on a 25×125 lot.

The kitchen has white cabinets and white appliances.

There doesn’t appear to be parking included but there is central air.

This is a short sale currently listed $102,000 under the 2005 purchase price.

Its this a good starter property for someone trying to get into the Edison Park neighborhood?

How low will this go?

Regina Zak Tomas at Re/Max City has the listing. See the pictures here.

6442 N. Oketo: 2 bedrooms, 1 bath, no square footage listed

  • Sold in March 2004 for $120,000
  • Sold in December 2005 for $290,000
  • Originally listed in November 2011 for $188,000
  • Currently still listed as a “short sale” for $188,000
  • There appears to be a monthly homeowners fee of some kind
  • Taxes of $3552
  • Central Air
  • No parking (?)
  • Bedroom #1: 14×13
  • Bedroom #2: 11×11

13 Comments

  1. david (January 10, 2012, 11:03 am)

    Looks pleasant enough if you want to live in EP

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    Rating: +4 (from 4 votes)
  2. Groove77 (January 10, 2012, 11:53 am)

    no thats what a stater home should be, sad thing is i with all the uncertainty would you really want to start in a starter home? then be stuck in it?

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    Rating: +3 (from 3 votes)
  3. MJ (January 10, 2012, 11:57 am)

    where in the hell is 6442 n oketo? wisconsin?

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    Rating: -2 (from 8 votes)
  4. homedelete (January 10, 2012, 11:58 am)

    2 bedrooms townhome? For $188,000? really? really?

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    Rating: -5 (from 7 votes)
  5. Vlajos (January 10, 2012, 12:09 pm)

    Seems nice for an older couple with no kids.

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    Rating: +1 (from 3 votes)
  6. Icarus (January 10, 2012, 12:20 pm)

    “with all the uncertainty would you really want to start in a starter home? then be stuck in it?”

    absolutely not. Wow this went for $290 in 2005! Something between the 2004 price and the current list price seems about right. Same if it doesn’t have parking though.

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    Rating: 0 (from 2 votes)
  7. Groove77 (January 10, 2012, 12:24 pm)

    “Same if it doesn’t have parking though”

    dude if you cant park right in front of your house over here its either street cleaning day or block party day.

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    Rating: +2 (from 4 votes)
  8. anonny (January 10, 2012, 12:43 pm)

    “It is just a short walk to the Metra,” for purposes of buying (not renting), is a phrase which should only be used when discussing a SFH.

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  9. Icarus (January 10, 2012, 1:17 pm)

    “dude if you cant park right in front of your house over here its either street cleaning day or block party day.”

    True. It is a nice convienence for unloading groceries and such if you have attached parking. Or things could change. People are doubling and tripling up in housing so all that available parking might go away when G, Sonies and Anon all move in together. :D

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    Rating: +2 (from 2 votes)
  10. Groove77 (January 10, 2012, 2:10 pm)

    it depends usually the walk from the front of the house for groceries is shorter than on a 125′ lot from a standard garage.

    also to note the schools here is edison park elm, which was dismantled from the edison park gifted school so no performance test have been recorded but considering it will get kids from that would go to either oriole and edbinger you should be fine

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    Rating: +1 (from 1 vote)
  11. JPS (January 10, 2012, 2:26 pm)

    Not a bad deal, but in a low-density area like this I’d rather spring for a small SFH than take on the risk of possible neighbor hassles (noise, common element maintenance and repairs, etc) of a townhouse.

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    Rating: +5 (from 5 votes)
  12. Groove77 (January 10, 2012, 4:05 pm)

    “Not a bad deal, but in a low-density area like this I’d rather spring for a small SFH than take on the risk of possible neighbor hassles (noise, common element maintenance and repairs, etc) of a townhouse.”

    agreed, on the filp side i dont know of any good condition homes here for less than 250k

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    Rating: +1 (from 1 vote)
  13. Milkster (July 23, 2012, 8:55 am)

    Sold for 158K on 7/20/12.

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    Rating: 0 (from 0 votes)

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