1251 Race Ave
Arlington Heights, IL 60004
3 bd 2 ba 2,103 sqft Built 1955 Lot 8,712 sqft single_family
Most recent sale
$413,500
Apr 1, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Sold | $413,500 | MRED |
| Feb 15, 2024 | Listed | $374,900 | MRED |
| Mar 21, 1977 | Sold | $39,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $36,683 | $6,316 | $42,999 | $10,137 |
| 2022 | $36,683 | $6,316 | $42,999 | $9,713 |
| 2021 | $32,166 | $4,573 | $36,739 | $9,254 |
| 2020 | $32,166 | $4,573 | $36,739 | $9,135 |
| 2019 | $36,339 | $4,573 | $40,912 | $9,120 |
| 2018 | $29,557 | $3,920 | $33,477 | $7,964 |
| 2017 | $29,557 | $3,920 | $33,477 | $8,680 |
| 2016 | $29,557 | $3,920 | $33,477 | $8,332 |
| 2015 | $27,954 | $3,484 | $31,438 | $8,508 |
| 2014 | $27,954 | $3,484 | $31,438 | $8,275 |
| 2013 | $27,954 | $3,484 | $31,438 | $8,050 |
| 2012 | $29,521 | $3,920 | $33,441 | $8,024 |
| 2011 | $29,521 | $3,920 | $33,441 | $7,383 |
| 2010 | $29,521 | $3,920 | $33,441 | $6,749 |
| 2009 | $34,620 | $4,138 | $38,758 | $7,408 |
| 2007 | $35,055 | $6,621 | $41,676 | $6,114 |
| 2006 | $25,308 | $4,878 | $30,186 | $5,096 |
Property facts
Year built
1955
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,103 sqft
Lot size
8,712 sqft
ZIP code
60004
City
Arlington Heights
Street
Race Ave
Coordinates
42.09893, -88.00300
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,785
Gross rental yield
10.98%
Implied cap rate
7.14%
Trend-extrapolated value
—
Frequently asked questions
When did 1251 Race Ave last sell?
1251 Race Ave most recently sold on Apr 1, 2024 for $413,500.
What is the current tax assessment for 1251 Race Ave?
The most recent total assessment for 1251 Race Ave (year 2023) is $42,999 with $10,137 in property tax.
How does 1251 Race Ave's assessment compare to its last sale price?
The current assessment is 89.6% below the last sale price of $413,500.
When was 1251 Race Ave built?
1251 Race Ave was built in 1955.
How does 1251 Race Ave compare to others on Race Ave?
We track 8 other properties on Race Ave. Browse the list under "Other properties on Race Ave" to compare beds, baths, and sale history.
What are the property facts for 1251 Race Ave?
1251 Race Ave is a 3 bed, 2 bath, 2,103 sqft, 8,712 sqft lot single_family.
Is 1251 Race Ave a flip candidate?
No — 1251 Race Ave does not appear in our flips dataset.
Is 1251 Race Ave a tax-appeal candidate?
No — 1251 Race 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 Race Ave