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1220 Chicago Ave

Arlington Heights, IL 60004

5 bd 5 ba 3,930 sqft Built 2007 Lot 8,494 sqft single_family
Most recent sale
$1,199,999
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $1,199,999 MRED
Feb 21, 2024 Listed $1,250,000 MRED
Apr 18, 2006 Sold $889,000 Public Record
Mar 4, 2005 Sold $280,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $76,557 $6,164 $82,721 $21,738
2022 $85,304 $6,164 $91,468 $23,214
2021 $64,747 $4,464 $69,211 $19,831
2020 $64,747 $4,464 $69,211 $19,385
2019 $74,316 $4,464 $78,780 $19,783
2018 $63,312 $3,826 $67,138 $18,589
2017 $70,311 $3,826 $74,137 $20,406
2016 $70,311 $3,826 $74,137 $19,268
2015 $57,733 $3,401 $61,134 $17,276
2014 $57,733 $3,401 $61,134 $16,787
2013 $57,733 $3,401 $61,134 $16,348
2012 $57,064 $3,826 $60,890 $15,141
2011 $57,064 $3,826 $60,890 $14,567
2010 $57,064 $3,826 $60,890 $14,561
2009 $67,952 $4,038 $71,990 $15,845
2007 $70,947 $6,462 $77,409 $15,382
2006 $6,547 $6,547 $1,429

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,930 sqft
Lot size
8,494 sqft
ZIP code
60004
City
Arlington Heights
Street
Chicago Ave
Coordinates
42.09734, -88.00251

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,074
Gross rental yield
7.07%
Implied cap rate
4.60%
Trend-extrapolated value

Frequently asked questions

When did 1220 Chicago Ave last sell?
1220 Chicago Ave most recently sold on Apr 15, 2024 for $1,199,999.
What is the current tax assessment for 1220 Chicago Ave?
The most recent total assessment for 1220 Chicago Ave (year 2023) is $82,721 with $21,738 in property tax.
How does 1220 Chicago Ave's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $1,199,999.
When was 1220 Chicago Ave built?
1220 Chicago Ave was built in 2007.
How does 1220 Chicago Ave compare to others on Chicago Ave?
We track 8 other properties on Chicago Ave. Browse the list under "Other properties on Chicago Ave" to compare beds, baths, and sale history.
What are the property facts for 1220 Chicago Ave?
1220 Chicago Ave is a 5 bed, 5 bath, 3,930 sqft, 8,494 sqft lot single_family.
Is 1220 Chicago Ave a flip candidate?
No — 1220 Chicago Ave does not appear in our flips dataset.
Is 1220 Chicago Ave a tax-appeal candidate?
No — 1220 Chicago Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$602.9K
2026 Q4
$612.9K
ZIP 60004 — Median Price History + Forecast

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