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2207 Nichols Rd

Arlington Heights, IL 60004

2 bd 2 ba 1,000 sqft Built 1982 condos
Most recent sale
$175,000
Jan 31, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2024 Sold $175,000 MRED
Jan 12, 2024 Listed $175,000 MRED
Dec 29, 2022 Sold $147,000 MRED
Nov 29, 2022 Relisted $150,000 MRED
Nov 23, 2022 Listing removed $150,000 MRED
Nov 8, 2022 Listed $150,000 MRED
Aug 14, 2015 Sold $75,000 MRED
Aug 8, 2015 Listed $84,000 MRED
Jul 20, 2015 Listing removed $84,000 MRED
Apr 22, 2015 Price changed $84,000 MRED
Mar 21, 2015 Listed $90,250 MRED
Feb 23, 2011 Listing removed $139,000 MRED
Feb 28, 2010 Listed $139,000 MRED
Jun 15, 2004 Sold $133,000 Public Record
Jan 25, 2002 Sold $105,500 Public Record
Apr 23, 1999 Sold $58,500 Public Record
Jul 24, 1997 Sold $74,000 Public Record
May 1, 1991 Sold $46,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $9,811 $1,747 $11,558 $3,456
2022 $9,811 $1,747 $11,558 $2,299
2021 $6,750 $1,478 $8,228 $1,538
2020 $6,750 $1,478 $8,228 $1,592
2019 $7,743 $1,478 $9,221 $1,604
2018 $4,956 $1,344 $6,300 $847
2017 $4,956 $1,344 $6,300 $849
2016 $4,956 $1,344 $6,300 $1,030
2015 $4,403 $1,209 $5,612 $870
2014 $5,635 $1,209 $6,844 $1,234
2013 $5,635 $1,209 $6,844 $1,182
2012 $6,908 $1,411 $8,319 $1,490
2011 $6,908 $1,411 $8,319 $1,533
2010 $6,908 $1,411 $8,319 $1,558
2009 $11,344 $1,008 $12,352 $1,865
2007 $12,552 $1,613 $14,165 $1,821
2006 $8,994 $1,505 $10,499 $1,772

Property facts

Year built
1982
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
ZIP code
60004
City
Arlington Heights
Street
Nichols Rd
Coordinates
42.14948, -88.01077

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
12.34%
Implied cap rate
8.02%
Trend-extrapolated value

Frequently asked questions

When did 2207 Nichols Rd last sell?
2207 Nichols Rd most recently sold on Jan 31, 2024 for $175,000.
What is the current tax assessment for 2207 Nichols Rd?
The most recent total assessment for 2207 Nichols Rd (year 2023) is $11,558 with $3,456 in property tax.
How does 2207 Nichols Rd's assessment compare to its last sale price?
The current assessment is 93.4% below the last sale price of $175,000.
When was 2207 Nichols Rd built?
2207 Nichols Rd was built in 1982.
How does 2207 Nichols Rd compare to others on Nichols Rd?
We track 8 other properties on Nichols Rd. Browse the list under "Other properties on Nichols Rd" to compare beds, baths, and sale history.
What are the property facts for 2207 Nichols Rd?
2207 Nichols Rd is a 2 bed, 2 bath, 1,000 sqft condos.
Is 2207 Nichols Rd a flip candidate?
No — 2207 Nichols Rd does not appear in our flips dataset.
Is 2207 Nichols Rd a tax-appeal candidate?
No — 2207 Nichols Rd 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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