Westmont · DuPage County · IL
Homes for sale in
Oakwood.
- Active listings
- 2
- Median list
- $657K
- Avg time on market
- 11 days
- Sold · last year
- 9
Active listings
2 homes on the market
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About the community
A lake-centered, planned neighborhood on the north edge of Westmont.
Oakwood is a community of 458 single-family homes on the north side of Westmont in DuPage County, north of Ogden Avenue and west of Route 83. It was built as a single planned development in the 1970s and organized around Lake Charles, a private 15-acre lake owned and managed by the homeowners association. The streets carry a colonial theme (Revere, Hamilton, Independence, Jamestown, Williamsburg, Lexington, Yorktown), and the housing stock reflects one cohesive era rather than piecemeal infill. The feel is established and owner-occupied, with a genuinely active volunteer HOA that residents staff for lake management, landscaping, and social events.
At a glance
Private 15-acre Lake Charles
An HOA-owned lake with resident catch-and-release fishing and piers. It also serves as the neighborhood's stormwater basin.
458 single-family homes
All detached single-family, no townhomes or condos, in 1970s and 1980s two-story and split-level plans.
Light annual HOA
Mandatory membership with dues of $146 for 2026, an annual amount that funds the lake and common areas.
Westmont CUSD 201
A PreK-12 unit district, with Westmont High School located on Oakwood Drive itself.
Westmont BNSF Metra
The village has its own BNSF Line station with frequent weekday service into Chicago Union Station.
Hospitals minutes away
Advocate Good Samaritan in Downers Grove, DuPage County's Level I trauma center, is roughly three miles away.
Resident lake use
Fishing from shoreline, piers, or registered boats under a catch-and-release policy. Swimming is not permitted.
Mature, cohesive streetscape
One planned era means established trees, consistent lot sizes, and a settled neighborhood feel.
What’s close
Oakwood sits north of Ogden Avenue (US 34) and west of Route 83 on the north edge of Westmont, with the BNSF Metra station and the tollway system a short drive away.
- Amenities on-site
- The private 15-acre Lake Charles with resident fishing and piers, plus HOA-maintained common areas. Oakwood Park (Westmont Park District) is nearby with diamonds and a playground.
- Shopping
- The Ogden Avenue corridor for daily retail and dining, with Oakbrook Center and Yorktown Center regional malls a short drive.
- Hospital
- Advocate Good Samaritan Hospital in Downers Grove (a Level I trauma center) is roughly three miles away, with UChicago Medicine AdventHealth Hinsdale also close.
- Highway
- I-88 (Reagan Tollway) to the north and I-294 (Tri-State) to the east put O'Hare, Midway, and the western suburbs within a straightforward drive.
- Schools
- Westmont Community Unit School District 201 (PreK-12). Westmont is split among several districts, so confirm the exact assignment by address, though CUSD 201 is the best-supported answer for Oakwood.
- Train
- The Westmont BNSF station is about 19 miles from Chicago Union Station, with frequent weekday service and typical inbound trips of roughly half an hour.
What it’s actually like to live here
Oakwood's defining feature is water. A private 15-acre lake sitting inside a landlocked DuPage subdivision is genuinely uncommon, and the HOA has built real community around it: catch-and-release fishing from piers and boats and a volunteer lake management committee that residents actually staff. Combined with an active social committee and a welcoming committee for new neighbors, the place feels like a settled, participatory neighborhood rather than a drive-in, drive-out subdivision. The 1970s vintage means mature trees, established landscaping, and interior square footage that tends to beat newer construction at the same price.
For a lot of buyers the standout value is location relative to cost. You get a Westmont address with its own BNSF Metra station, quick access to Ogden Avenue and the tollway system, and two hospitals within a few miles, without paying neighboring Hinsdale or Clarendon Hills prices. The mandatory HOA is refreshingly light at $146 a year, so you get shared-amenity benefits like the lake and common-area upkeep without condo-style monthly assessments.
The honest tradeoffs: these are 1970s and 1980s homes, so many will show their era, and buyers should expect that some inventory needs kitchen, bath, mechanical, or window updates and budget accordingly. DuPage effective property taxes in the low 2 percent range are a real ongoing cost. The lake is both an amenity and a working stormwater facility, so lakefront lots carry drainage considerations and swimming is not allowed. And school-district fragmentation across Westmont means you should confirm the exact assignment by address rather than assuming.
Market trends
Why this market moves the way it does
Oakwood is a cohesive, single-era neighborhood, so value tracks condition, lot position on or near Lake Charles, and updates more than variety of product. The light HOA and the lake are durable differentiators against plainer nearby subdivisions.
What holds value
The fundamentals matter more than the cosmetics here. Buyers want floor plan, lot, and basement, in that order. Cosmetics are the tiebreaker.
- Lake position
- Homes on or near Lake Charles carry a premium, though lakefront lots also bring drainage and maintenance considerations.
- Condition and updates
- With 1970s and 1980s homes, updated kitchens, baths, and mechanicals separate the stronger sales from the dated ones.
- The light HOA plus lake
- A private lake and community events for $146 a year is a genuine value story versus condo-style monthly dues.
- Westmont location and Metra
- A BNSF station in town and quick tollway access support demand at a lower price than Hinsdale or Clarendon Hills.
- School confirmation
- Because Westmont is split among districts, buyers who confirm CUSD 201 by address buy with more confidence.
Real talk
Who shouldn’t buy here
Here is the honest version before you tour.
These are 1970s and 1980s homes, so condition is everything. Expect some inventory to need updating in kitchens, baths, windows, and mechanicals, tour the specific home, and get it inspected rather than assuming the planned-community look means uniform condition.
The lake is a real perk and a working stormwater basin, so on a lakefront or low lot, ask about drainage, the dam and overflow to Salt Creek, and any water history. Swimming is not permitted, so set expectations there. The HOA is mandatory and recorded on every lot, but it is light at $146 a year.
Westmont is unusually fragmented across school districts, so do not assume CUSD 201 without checking. It is the best-supported answer for Oakwood, and Westmont High School is literally on Oakwood Drive, but confirm the exact elementary, junior high, and high school by your specific address. DuPage taxes near 2 percent are also a real line item to verify per parcel.
One piece of advice
“Oakwood is one of the more distinctive values in this part of DuPage: a private lake, a light $146-a-year HOA, a BNSF Metra station in town, and Westmont prices instead of Hinsdale ones. The catch is age and homework: these are 1970s and 1980s homes, so inspect condition closely, ask about drainage on lake lots, and confirm the CUSD 201 school assignment by address. Do that and it is a strong, character-rich buy.”
The questions buyers actually ask
Oakwood FAQ
The questions I get most from buyers shopping Oakwood. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Membership is mandatory: the Oakwood covenants are recorded on every lot, so each buyer becomes an automatic association member. The dues are unusually light at $146 for 2026 (an annual, not monthly, amount), and they fund management of the private Lake Charles and the common areas plus community operations run by volunteer committees. Because all homes are single-family, dues do not cover building exteriors, insurance, or private-yard maintenance. Confirm the current assessment and a paid-assessment letter for the specific home.
- What are property taxes like?
- Roughly $10,000 – $16,000 per year, depending on home size and value. DuPage County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Is Oakwood a real subdivision with an HOA, or just a neighborhood name?
- It is a real, platted subdivision of 458 single-family homes with an active, mandatory homeowners association. Membership and the recorded covenants attach to every lot by deed, so every owner is automatically a member.
- How much are the HOA dues and what do they cover?
- Dues are $146 for 2026, an annual and not monthly amount. They fund management of the private Lake Charles and the common areas, plus community operations run by volunteer committees. Because all homes are single-family, dues do not cover your home's exterior, insurance, or yard.
- What is Lake Charles and can I use it?
- It is a private 15-acre lake owned by the association and open to all Oakwood residents. Fishing is catch-and-release from shoreline, piers, or boats (no Illinois license needed since it is private), and boats can be registered. Swimming is not permitted. The lake also serves as the neighborhood's stormwater retention basin.
- What are the homes like and when were they built?
- Detached single-family homes built roughly in the 1970s and 1980s, in a range of two-story and split-level or ranch models, with reported sizes spanning roughly the low 1,300s to around 3,000 square feet. Expect mature lots and, in some cases, homes that would benefit from updating.
- What schools would my kids attend?
- Oakwood is assigned to Westmont CUSD 201 (Manning and Miller elementary, Westmont Junior High, and Westmont High School), and Westmont High School is located on Oakwood Drive itself. Because Westmont is split among several districts, confirm the exact assignment for a specific home with the district by street address before relying on it.
- What do homes cost here and how is the market?
- Pricing and market pace move over time, so rather than quote a stale number, check the live Market snapshot on this page for current values and activity. In general, Oakwood offers competitively priced midsize homes for this part of DuPage County, with a Metra-served Westmont location.
- Who is the real estate agent for Oakwood?
- Joe Keegan is the local licensed Illinois real estate broker who covers Oakwood in Westmont, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Oakwood specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Oakwood
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Westmont specialist
- Honest local market take
- Brokerocity
Market snapshot
Oakwood, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$656,950
Typical sale price · last 90 days
$625,000
Homes for sale right now
2
Avg time on market
11 days
Sold in the last year
9
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period July 31, 2025 through July 31, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
Thinking of selling?
What's your home actually worth?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
- Pricing range with comp-by-comp logic
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Schools serving Oakwood
Where Oakwood homes go to school
Homes in Oakwood are most often zoned to Westmont HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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