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7154 Fair Elms Ave

Burr Ridge, IL 60527

3 bd 3 ba 1,424 sqft Built 1955 Lot 19,998 sqft single_family
Most recent sale
$485,000
Feb 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $539,900 MRED
Feb 1, 2022 Sold $485,000 MLS #11258905
Oct 29, 2021 Listed $499,900 MLS #11258905
May 19, 2005 Sold $287,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $27,500 $11,500 $39,000 $7,416
2022 $17,325 $10,000 $27,325 $5,991
2021 $17,325 $10,000 $27,325 $5,788
2020 $17,325 $10,000 $27,325 $5,605
2019 $18,204 $9,000 $27,204 $5,531
2018 $18,204 $9,000 $27,204 $5,645
2017 $18,204 $9,000 $27,204 $5,438
2016 $13,936 $8,000 $21,936 $4,804
2015 $13,936 $8,000 $21,936 $4,798
2014 $13,936 $8,000 $21,936 $4,557
2013 $16,630 $8,000 $24,630 $4,985
2012 $16,630 $8,000 $24,630 $4,888
2011 $16,630 $8,000 $24,630 $4,743
2010 $18,691 $8,000 $26,691 $4,532
2009 $18,691 $8,000 $26,691 $4,556
2008 $15,900 $12,800 $28,700 $4,175
2007 $22,369 $10,400 $32,769 $5,002
2006 $22,369 $10,400 $32,769 $4,924

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,424 sqft
Lot size
19,998 sqft
ZIP code
60527
City
Burr Ridge
Street
Fair Elms Ave
Coordinates
41.75906, -87.90499

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,563
Gross rental yield
6.34%
Implied cap rate
4.12%
Trend-extrapolated value

Frequently asked questions

When did 7154 Fair Elms Ave last sell?
7154 Fair Elms Ave most recently sold on Feb 1, 2022 for $485,000.
What is the current tax assessment for 7154 Fair Elms Ave?
The most recent total assessment for 7154 Fair Elms Ave (year 2023) is $39,000 with $7,416 in property tax.
How does 7154 Fair Elms Ave's assessment compare to its last sale price?
The current assessment is 92.0% below the last sale price of $485,000.
When was 7154 Fair Elms Ave built?
7154 Fair Elms Ave was built in 1955.
How does 7154 Fair Elms Ave compare to others on Fair Elms Ave?
We do not currently track other properties on Fair Elms Ave.
What are the property facts for 7154 Fair Elms Ave?
7154 Fair Elms Ave is a 3 bed, 3 bath, 1,424 sqft, 19,998 sqft lot single_family.
Is 7154 Fair Elms Ave a flip candidate?
No — 7154 Fair Elms Ave does not appear in our flips dataset.
Is 7154 Fair Elms Ave a tax-appeal candidate?
No — 7154 Fair Elms 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
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$801.5K
2026 Q4
$812.4K
ZIP 60527 — Median Price History + Forecast

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