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1118 Richard Ave

Berkeley, IL 60163

3 bd 2 ba 980 sqft Built 1961 Lot 6,700 sqft single_family
Most recent sale
$265,000
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $265,000 MRED
Mar 8, 2024 Price changed $259,900 MRED
Feb 27, 2024 Listed $269,900 MRED
Sep 26, 2003 Sold $200,000 Public Record
Mar 6, 1996 Sold $109,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $19,315 $3,685 $23,000 $7,293
2022 $14,829 $3,182 $18,011 $6,410
2021 $14,829 $3,182 $18,011 $6,429
2020 $14,829 $3,182 $18,011 $6,157
2019 $10,401 $2,847 $13,248 $4,161
2018 $10,401 $2,847 $13,248 $4,077
2017 $10,401 $2,847 $13,248 $3,921
2016 $8,736 $2,512 $11,248 $3,542
2015 $8,736 $2,512 $11,248 $3,481
2014 $8,736 $2,512 $11,248 $3,439
2013 $11,067 $2,512 $13,579 $4,009
2012 $11,067 $2,512 $13,579 $3,838
2011 $11,067 $2,512 $13,579 $3,878
2010 $18,310 $2,512 $20,822 $4,447
2009 $18,310 $2,512 $20,822 $3,912
2007 $14,622 $3,752 $18,374 $3,330
2006 $14,622 $3,752 $18,374 $3,233

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
980 sqft
Lot size
6,700 sqft
ZIP code
60163
City
Berkeley
Street
Richard Ave
Coordinates
41.89381, -87.91711

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
7.99%
Implied cap rate
5.19%
Trend-extrapolated value

Frequently asked questions

When did 1118 Richard Ave last sell?
1118 Richard Ave most recently sold on Apr 19, 2024 for $265,000.
What is the current tax assessment for 1118 Richard Ave?
The most recent total assessment for 1118 Richard Ave (year 2023) is $23,000 with $7,293 in property tax.
How does 1118 Richard Ave's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $265,000.
When was 1118 Richard Ave built?
1118 Richard Ave was built in 1961.
How does 1118 Richard Ave compare to others on Richard Ave?
We track 8 other properties on Richard Ave. Browse the list under "Other properties on Richard Ave" to compare beds, baths, and sale history.
What are the property facts for 1118 Richard Ave?
1118 Richard Ave is a 3 bed, 2 bath, 980 sqft, 6,700 sqft lot single_family.
Is 1118 Richard Ave a flip candidate?
No — 1118 Richard Ave does not appear in our flips dataset.
Is 1118 Richard Ave a tax-appeal candidate?
No — 1118 Richard 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
+4.3%
Implied 1-yr
+17.3%
2025 Q3
$324.4K
2025 Q4
$335.4K
ZIP 60163 — Median Price History + Forecast

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