502 Mitchell Ave
Arlington Heights, IL 60005
4 bd 5 ba 3,200 sqft Built 2021 Lot 906 sqft single_family
Most recent sale
$300,000
Jan 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 12, 2024 | Listing removed | $1,299,925 | MRED |
| Mar 12, 2024 | Listed | $1,199,999 | MRED |
| Feb 1, 2024 | Listed | $1,299,925 | MRED |
| Jan 29, 2021 | Sold | $300,000 | Public Record |
| Feb 25, 2020 | Listing removed | $349,000 | MRED |
| Jun 27, 2019 | Price changed | $349,000 | MRED |
| Feb 21, 2018 | Listing removed | $359,000 | MRED |
| Sep 17, 2017 | Relisted | $359,000 | MRED |
| Sep 9, 2017 | Listing removed | $359,000 | MRED |
| Aug 31, 2017 | Listed | $359,000 | MRED |
| Jun 6, 2017 | Listed | $359,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | — | $5,686 | $5,686 | $1,556 |
| 2022 | — | $5,686 | $5,686 | $1,499 |
| 2021 | — | $5,686 | $5,686 | $1,711 |
| 2020 | — | $5,686 | $5,686 | $1,667 |
| 2019 | — | $5,686 | $5,686 | $1,492 |
| 2018 | — | $5,004 | $5,004 | $1,460 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,200 sqft
Lot size
906 sqft
ZIP code
60005
City
Arlington Heights
Street
Mitchell Ave
Coordinates
42.07541, -87.98822
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 502 Mitchell Ave last sell?
502 Mitchell Ave most recently sold on Jan 29, 2021 for $300,000.
What is the current tax assessment for 502 Mitchell Ave?
The most recent total assessment for 502 Mitchell Ave (year 2023) is $5,686 with $1,556 in property tax.
How does 502 Mitchell Ave's assessment compare to its last sale price?
The current assessment is 98.1% below the last sale price of $300,000.
When was 502 Mitchell Ave built?
502 Mitchell Ave was built in 2021.
How does 502 Mitchell Ave compare to others on Mitchell Ave?
We track 8 other properties on Mitchell Ave. Browse the list under "Other properties on Mitchell Ave" to compare beds, baths, and sale history.
What are the property facts for 502 Mitchell Ave?
502 Mitchell Ave is a 4 bed, 5 bath, 3,200 sqft, 906 sqft lot single_family.
Is 502 Mitchell Ave a flip candidate?
No — 502 Mitchell Ave does not appear in our flips dataset.
Is 502 Mitchell Ave a tax-appeal candidate?
No — 502 Mitchell Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$571K
2026 Q4
$587.7K
ZIP 60005 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mitchell Ave