7540 Lockwood Ave
Burbank, IL 60459
3 bd 2 ba 1,200 sqft Built 1968 Lot 3,751 sqft single_family
Most recent sale
$241,400
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $241,400 | MLS #11489708 |
| Aug 11, 2022 | Listing removed | $239,900 | MRED |
| Aug 11, 2022 | Listed | $239,900 | MLS #11489708 |
| Jul 29, 2022 | Listing removed | $249,900 | MRED |
| Jul 29, 2022 | Listed | $239,900 | MLS #11477925 |
| Jul 6, 2022 | Listed | $249,900 | MLS #11455714 |
| Jan 6, 2012 | Sold | $127,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $20,437 | $3,562 | $23,999 | $6,417 |
| 2022 | $15,164 | $3,093 | $18,257 | $5,721 |
| 2021 | $15,164 | $3,093 | $18,257 | $5,507 |
| 2020 | $15,164 | $3,093 | $18,257 | $5,394 |
| 2019 | $14,556 | $2,812 | $17,368 | $4,994 |
| 2018 | $14,556 | $2,812 | $17,368 | $4,850 |
| 2017 | $14,556 | $2,812 | $17,368 | $4,709 |
| 2016 | $13,974 | $2,343 | $16,317 | $4,869 |
| 2015 | $13,974 | $2,343 | $16,317 | $4,645 |
| 2014 | $13,974 | $2,343 | $16,317 | $3,920 |
| 2013 | $15,915 | $2,343 | $18,258 | $5,488 |
| 2012 | $15,915 | $2,343 | $18,258 | $5,273 |
| 2011 | $15,915 | $2,343 | $18,258 | $1,212 |
| 2010 | $20,363 | $2,343 | $22,706 | $1,001 |
| 2009 | $20,363 | $2,343 | $22,706 | $958 |
| 2008 | $21,480 | $3,749 | $25,229 | $966 |
| 2007 | $17,336 | $3,449 | $20,785 | $1,107 |
| 2006 | $17,336 | $3,449 | $20,785 | $1,144 |
Property facts
Year built
1968
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
3,751 sqft
ZIP code
60459
City
Burbank
Street
Lockwood Ave
Coordinates
41.75491, -87.75403
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,160
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value
—
Frequently asked questions
When did 7540 Lockwood Ave last sell?
7540 Lockwood Ave most recently sold on Sep 2, 2022 for $241,400.
What is the current tax assessment for 7540 Lockwood Ave?
The most recent total assessment for 7540 Lockwood Ave (year 2023) is $23,999 with $6,417 in property tax.
How does 7540 Lockwood Ave's assessment compare to its last sale price?
The current assessment is 90.1% below the last sale price of $241,400.
When was 7540 Lockwood Ave built?
7540 Lockwood Ave was built in 1968.
How does 7540 Lockwood Ave compare to others on Lockwood Ave?
We track 8 other properties on Lockwood Ave. Browse the list under "Other properties on Lockwood Ave" to compare beds, baths, and sale history.
What are the property facts for 7540 Lockwood Ave?
7540 Lockwood Ave is a 3 bed, 2 bath, 1,200 sqft, 3,751 sqft lot single_family.
Is 7540 Lockwood Ave a flip candidate?
No — 7540 Lockwood Ave does not appear in our flips dataset.
Is 7540 Lockwood Ave a tax-appeal candidate?
No — 7540 Lockwood 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
+4.3%
Implied 1-yr
+17.1%
2026 Q3
$427.8K
2026 Q4
$442.1K
ZIP 60459 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lockwood Ave