1242 Walnut Ave
Arlington Heights, IL 60004
3 bd 2 ba 1,200 sqft Built 1956 Lot 7,919 sqft single_family
Most recent sale
$425,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $425,000 | MLS #11617235 |
| Aug 30, 2022 | Listed | $399,900 | MLS #11617235 |
| Jul 25, 2018 | Sold | $350,000 | MLS #09971361 |
| Jun 2, 2018 | Listed | $365,000 | MLS #09971361 |
| Jun 26, 2006 | Sold | $365,000 | Public Record |
| Jun 1, 2001 | Sold | $235,000 | Public Record |
| Sep 21, 1998 | Sold | $175,000 | Public Record |
| Oct 11, 1988 | Sold | $127,000 | Public Record |
| Nov 1, 1986 | Sold | $92,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $26,080 | $7,920 | $34,000 | $9,307 |
| 2022 | $26,080 | $7,920 | $34,000 | $8,062 |
| 2021 | $23,910 | $4,950 | $28,860 | $7,684 |
| 2020 | $23,910 | $4,950 | $28,860 | $7,552 |
| 2019 | $27,117 | $4,950 | $32,067 | $7,519 |
| 2018 | $23,029 | $4,356 | $27,385 | $6,989 |
| 2017 | $23,029 | $4,356 | $27,385 | $6,924 |
| 2016 | $23,029 | $4,356 | $27,385 | $6,694 |
| 2015 | $19,719 | $3,762 | $23,481 | $6,159 |
| 2014 | $19,719 | $3,762 | $23,481 | $5,995 |
| 2013 | $19,719 | $3,762 | $23,481 | $5,827 |
| 2012 | $24,633 | $4,158 | $28,791 | $6,818 |
| 2011 | $24,633 | $4,158 | $28,791 | $6,625 |
| 2010 | $24,633 | $4,158 | $28,791 | $6,649 |
| 2009 | $27,972 | $4,356 | $32,328 | $6,024 |
| 2008 | $27,793 | $6,969 | $34,762 | $5,789 |
| 2007 | $27,793 | $6,969 | $34,762 | $5,618 |
| 2006 | $21,564 | $5,385 | $26,949 | $4,424 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
7,919 sqft
ZIP code
60004
City
Arlington Heights
Street
Walnut Ave
Coordinates
42.09888, -87.98933
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,160
Gross rental yield
6.10%
Implied cap rate
3.96%
Trend-extrapolated value
—
Frequently asked questions
When did 1242 Walnut Ave last sell?
1242 Walnut Ave most recently sold on Oct 7, 2022 for $425,000.
What is the current tax assessment for 1242 Walnut Ave?
The most recent total assessment for 1242 Walnut Ave (year 2023) is $34,000 with $9,307 in property tax.
How does 1242 Walnut Ave's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $425,000.
When was 1242 Walnut Ave built?
1242 Walnut Ave was built in 1956.
How does 1242 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 1242 Walnut Ave?
1242 Walnut Ave is a 3 bed, 2 bath, 1,200 sqft, 7,919 sqft lot single_family.
Is 1242 Walnut Ave a flip candidate?
No — 1242 Walnut Ave does not appear in our flips dataset.
Is 1242 Walnut Ave a tax-appeal candidate?
No — 1242 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
+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 Walnut Ave