1229 Walnut Ave
Arlington Heights, IL 60005
3 bd 2 ba 1,114 sqft Built 1957 Lot 6,752 sqft single_family
Most recent sale
$395,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $395,000 | MLS #11433953 |
| Jun 17, 2022 | Listed | $380,000 | MLS #11433953 |
| Sep 17, 2003 | Sold | $305,000 | Public Record |
| Feb 24, 1999 | Sold | $169,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $21,777 | $6,412 | $28,189 | $6,822 |
| 2022 | $21,777 | $6,412 | $28,189 | $6,542 |
| 2021 | $16,476 | $4,050 | $20,526 | $5,186 |
| 2020 | $16,476 | $4,050 | $20,526 | $5,119 |
| 2019 | $23,827 | $4,050 | $27,877 | $6,433 |
| 2018 | $16,276 | $3,375 | $19,651 | $4,745 |
| 2017 | $16,276 | $3,375 | $19,651 | $4,707 |
| 2016 | $17,601 | $3,375 | $20,976 | $4,987 |
| 2015 | $15,998 | $3,037 | $19,035 | $4,858 |
| 2014 | $16,972 | $3,037 | $20,009 | $5,014 |
| 2013 | $16,972 | $3,037 | $20,009 | $4,869 |
| 2012 | $22,075 | $3,543 | $25,618 | $6,005 |
| 2011 | $22,075 | $3,543 | $25,618 | $5,846 |
| 2010 | $22,075 | $3,543 | $25,618 | $4,975 |
| 2009 | $24,128 | $3,712 | $27,840 | $4,947 |
| 2008 | $23,996 | $5,940 | $29,936 | $4,350 |
| 2007 | $30,794 | $5,940 | $36,734 | $5,109 |
| 2006 | $19,726 | $4,049 | $23,775 | $4,090 |
Property facts
Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,114 sqft
Lot size
6,752 sqft
ZIP code
60005
City
Arlington Heights
Street
Walnut Ave
Coordinates
42.06184, -87.98812
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
$2,005
Gross rental yield
6.09%
Implied cap rate
3.96%
Trend-extrapolated value
—
Frequently asked questions
When did 1229 Walnut Ave last sell?
1229 Walnut Ave most recently sold on Aug 5, 2022 for $395,000.
What is the current tax assessment for 1229 Walnut Ave?
The most recent total assessment for 1229 Walnut Ave (year 2023) is $28,189 with $6,822 in property tax.
How does 1229 Walnut Ave's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $395,000.
When was 1229 Walnut Ave built?
1229 Walnut Ave was built in 1957.
How does 1229 Walnut Ave compare to others on Walnut Ave?
We track 8 other properties on Walnut Ave. Browse the list under "Other properties on Walnut Ave" to compare beds, baths, and sale history.
What are the property facts for 1229 Walnut Ave?
1229 Walnut Ave is a 3 bed, 2 bath, 1,114 sqft, 6,752 sqft lot single_family.
Is 1229 Walnut Ave a flip candidate?
No — 1229 Walnut Ave does not appear in our flips dataset.
Is 1229 Walnut Ave a tax-appeal candidate?
No — 1229 Walnut 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 Walnut Ave