Truly a once in a generation find! Center hall, brick colonial designed by Tallmadge & Watson in 1922 for the president of the Reliance State Bank. Superb estate section/historic district location, within walking distance to schools & recreational facilities. The park-like 95x172 corner lot is on one of Oak Park's most beautiful blocks filled with mature trees and more fine historic homes. 601 Fair Oaks features outstanding design and craftsmanship, solid construction and has been very well maintained for 50 years of ownership. At over 4000 square feet this lovely home features 4 bedrooms, 2 full baths, 2 half baths, basement level bath w/shower plus a 3rd floor office that was designated in the original blueprints as a billiards room. The first floor features sun filled, south facing 28x18 living room and 18x14 dining room. Both rooms feature oak floors, classic millwork and detailed crown moulding & baseboards. At the center of the living room on the east wall is a large wood burning fireplace. The sunroom in the front of the home has seven casement windows. Through the dining room and butler's pantry is the unique six-sided, west-facing breakfast room. Both the sunroom and breakfast room feature the original divided, black and white terrazzo flooring. The kitchen and butler's pantry were renovated in the 90s and feature stainless steel appliances, abundant cabinetry & storage and solid surface countertops. A prominent wide archway, a distinctive feature in many Tallmadge & Watson designs, leads to the second floor stairway. The 28x16 primary suite features 3 banks of built-in closets and 2 sets of french doors that lead out to the east deck which overlooks the corner of Fair Oaks and Iowa Streets. The east deck has wrought iron awning supports. One closet features a wall safe undoubtedly used by the first owner of the home. The west deck features a new roof and balustrade (2023) and is accessed through french doors in the northwest bedroom. On the walk up to the third floor there is a small sewing room midway before entering the cathedral ceiling 26x16 west-facing billiards room that has been used as a home office and family room which has a cedar closet. Also on the third floor is the fourth bedroom which has an ensuite half bath. There is additional living space on the basement level including a recreation room, craft/woodworking room, a huge amount of storage and a bathroom w/shower. The fenced backyard is shaded by mature trees and landscaped with perennials. There is a deck and bbq station connected to a gas line. Two car brick garage with three additional spaces in the carport. Among the more recent updates are 200amp circuit breaker electric (2018), sump pump (2022), west chimney rebuilt 2023 and tuckpointing (2014). This lovely home is in move-in condition with very solid construction and provides opportunities for your updates/improvements. The 2023 property tax bill includes homeowner & senior exemptions and a senior AV freeze. Showings are available - please contact the listing agent today.