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111 Phelps Ave

Arlington Heights, IL 60004

3 bd 2 ba 1,200 sqft Built 1957 Lot 8,646 sqft single_family
Most recent sale
$558,000
Mar 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 22, 2024 Sold $558,000 MRED
Dec 3, 2020 Sold $275,000 Public Record
Oct 28, 2020 Sold $275,000 MRED
Aug 31, 2020 Listed $275,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $24,288 $8,712 $33,000 $8,126
2022 $24,288 $8,712 $33,000 $7,798
2021 $23,331 $5,009 $28,340 $7,528
2020 $23,331 $5,009 $28,340 $6,672
2019 $26,586 $5,009 $31,595 $6,674
2018 $23,280 $4,356 $27,636 $8,064
2017 $23,280 $4,356 $27,636 $6,217
2016 $23,280 $4,356 $27,636 $6,281
2015 $20,020 $3,702 $23,722 $5,676
2014 $20,020 $3,702 $23,722 $5,537
2013 $20,020 $3,702 $23,722 $5,369
2012 $24,341 $4,138 $28,479 $6,275
2011 $24,341 $4,138 $28,479 $6,214
2010 $24,341 $4,138 $28,479 $5,676
2009 $26,513 $4,356 $30,869 $4,879
2007 $26,224 $6,969 $33,193 $4,418
2006 $22,769 $5,924 $28,693 $4,639

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
8,646 sqft
ZIP code
60004
City
Arlington Heights
Street
Phelps Ave
Coordinates
42.08360, -87.95706

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,160
Gross rental yield
4.65%
Implied cap rate
3.02%
Trend-extrapolated value

Frequently asked questions

When did 111 Phelps Ave last sell?
111 Phelps Ave most recently sold on Mar 22, 2024 for $558,000.
What is the current tax assessment for 111 Phelps Ave?
The most recent total assessment for 111 Phelps Ave (year 2023) is $33,000 with $8,126 in property tax.
How does 111 Phelps Ave's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $558,000.
When was 111 Phelps Ave built?
111 Phelps Ave was built in 1957.
How does 111 Phelps Ave compare to others on Phelps Ave?
We track 8 other properties on Phelps Ave. Browse the list under "Other properties on Phelps Ave" to compare beds, baths, and sale history.
What are the property facts for 111 Phelps Ave?
111 Phelps Ave is a 3 bed, 2 bath, 1,200 sqft, 8,646 sqft lot single_family.
Is 111 Phelps Ave a flip candidate?
No — 111 Phelps Ave does not appear in our flips dataset.
Is 111 Phelps Ave a tax-appeal candidate?
No — 111 Phelps 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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