22 Phelps Ave
Arlington Heights, IL 60004
3 bd 2 ba 1,204 sqft Built 1956 Lot 8,860 sqft single_family
Most recent sale
$412,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2025 | Sold | $480,000 | Public Record |
| Apr 14, 2025 | Sold | $480,000 | MRED |
| Mar 17, 2025 | Listed | $475,000 | MRED |
| Apr 29, 2022 | Sold | $412,000 | MLS #11347467 |
| Mar 15, 2022 | Listed | $390,000 | MLS #11347467 |
| Apr 4, 2018 | Listing removed | $364,000 | MRED |
| Oct 19, 2017 | Price changed | $364,000 | MLS #09757900 |
| Oct 7, 2017 | Price changed | $369,000 | MLS #09757900 |
| Sep 21, 2017 | Listed | $379,000 | MLS #09757900 |
| Apr 5, 2013 | Sold | $271,000 | Public Record |
| Oct 8, 2010 | Listing removed | $275,000 | MRED |
| Sep 10, 2010 | Price changed | $275,000 | MLS #07548716 |
| Jun 7, 2010 | Listed | $294,900 | MLS #07548716 |
| Jun 1, 2010 | Listing removed | $319,900 | MRED |
| May 17, 2010 | Price changed | $319,900 | MLS #07341021 |
| May 16, 2010 | Price changed | $339,400 | MLS #07341021 |
| May 7, 2010 | Listing removed | $2,499 | MRED |
| Mar 14, 2010 | Listed for rent | $2,499 | MRED |
| Jan 17, 2010 | Price changed | $354,900 | MLS #07341021 |
| Oct 10, 2009 | Listed | $369,900 | MLS #07341021 |
| Oct 15, 2008 | Sold | $245,000 | Public Record |
| Jun 26, 2008 | Listing removed | $379,900 | MRED |
| Dec 11, 2006 | Listed | $379,900 | MLS #06357203 |
| Jul 31, 2000 | Sold | $224,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $27,141 | $8,859 | $36,000 | $8,947 |
| 2022 | $27,141 | $8,859 | $36,000 | $8,589 |
| 2021 | $22,652 | $5,093 | $27,745 | $7,349 |
| 2020 | $22,652 | $5,093 | $27,745 | $7,226 |
| 2019 | $25,838 | $5,093 | $30,931 | $7,221 |
| 2018 | $24,079 | $4,429 | $28,508 | $7,317 |
| 2017 | $24,079 | $4,429 | $28,508 | $7,248 |
| 2016 | $24,079 | $4,429 | $28,508 | $6,996 |
| 2015 | $22,030 | $3,765 | $25,795 | $6,842 |
| 2014 | $22,030 | $3,765 | $25,795 | $6,658 |
| 2013 | $22,030 | $3,765 | $25,795 | $7,208 |
| 2012 | $22,828 | $4,208 | $27,036 | $7,010 |
| 2011 | $22,828 | $4,208 | $27,036 | $6,690 |
| 2010 | $24,615 | $4,208 | $28,823 | $7,105 |
| 2009 | $31,021 | $4,429 | $35,450 | $8,001 |
| 2008 | $31,032 | $7,087 | $38,119 | $7,818 |
| 2007 | $31,032 | $7,087 | $38,119 | $5,392 |
| 2006 | $23,245 | $6,024 | $29,269 | $5,116 |
Property facts
Year built
1956
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,204 sqft
Lot size
8,860 sqft
ZIP code
60004
City
Arlington Heights
Street
Phelps Ave
Coordinates
42.08109, -87.95781
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,167
Gross rental yield
6.31%
Implied cap rate
4.10%
Trend-extrapolated value
—
Frequently asked questions
When did 22 Phelps Ave last sell?
22 Phelps Ave most recently sold on Apr 29, 2022 for $412,000.
What is the current tax assessment for 22 Phelps Ave?
The most recent total assessment for 22 Phelps Ave (year 2023) is $36,000 with $8,947 in property tax.
How does 22 Phelps Ave's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $412,000.
When was 22 Phelps Ave built?
22 Phelps Ave was built in 1956.
How does 22 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 22 Phelps Ave?
22 Phelps Ave is a 3 bed, 2 bath, 1,204 sqft, 8,860 sqft lot single_family.
Is 22 Phelps Ave a flip candidate?
No — 22 Phelps Ave does not appear in our flips dataset.
Is 22 Phelps Ave a tax-appeal candidate?
No — 22 Phelps 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
+1.9%
Implied 1-yr
+7.4%
2026 Q3
$602.9K
2026 Q4
$612.9K
ZIP 60004 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Phelps Ave