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250 Raye Dr

Chicago Heights, IL 60411

3 bd 2 ba 1,642 sqft Built 1959 Lot 6,480 sqft single_family
Most recent sale
$200,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $200,000 Public Record
Dec 30, 2021 Sold $200,000 MLS #11249314
Feb 8, 2021 Listing removed $118,900 MRED
Aug 28, 2020 Price changed $118,900 MLS #10739919
Jul 3, 2020 Price changed $127,900 MLS #10739919
Jun 8, 2020 Listed $129,900 MLS #10739919
Aug 19, 2015 Sold $85,000 Public Record
Feb 22, 2012 Sold $55,000 Public Record
Jul 13, 1999 Sold $94,000 Public Record
Sep 25, 1998 Sold $50,000 Public Record
May 6, 1981 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $10,619 $3,726 $14,345 $5,855
2022 $7,349 $3,240 $10,589 $4,723
2021 $7,349 $3,240 $10,589 $4,794
2020 $7,349 $3,240 $10,589 $4,751
2019 $9,400 $2,916 $12,316 $5,891
2018 $9,400 $2,916 $12,316 $5,663
2017 $9,400 $2,916 $12,316 $5,412
2016 $7,712 $2,592 $10,304 $4,749
2015 $7,712 $2,592 $10,304 $4,601
2014 $7,712 $2,592 $10,304 $4,481
2013 $9,498 $2,592 $12,090 $4,933
2012 $9,498 $2,592 $12,090 $4,817
2011 $9,498 $2,592 $12,090 $4,248
2010 $8,906 $2,592 $11,498 $3,170
2009 $8,906 $2,592 $11,498 $2,828
2008 $7,957 $4,147 $12,104 $2,592
2007 $6,738 $3,888 $10,626 $2,587
2006 $6,738 $3,888 $10,626 $2,466

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,642 sqft
Lot size
6,480 sqft
ZIP code
60411
City
Chicago Heights
Street
Raye Dr
Coordinates
41.53452, -87.65278

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
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 250 Raye Dr last sell?
250 Raye Dr most recently sold on Jun 16, 2022 for $200,000.
What is the current tax assessment for 250 Raye Dr?
The most recent total assessment for 250 Raye Dr (year 2023) is $14,345 with $5,855 in property tax.
How does 250 Raye Dr's assessment compare to its last sale price?
The current assessment is 92.8% below the last sale price of $200,000.
When was 250 Raye Dr built?
250 Raye Dr was built in 1959.
How does 250 Raye Dr compare to others on Raye Dr?
We track 8 other properties on Raye Dr. Browse the list under "Other properties on Raye Dr" to compare beds, baths, and sale history.
What are the property facts for 250 Raye Dr?
250 Raye Dr is a 3 bed, 2 bath, 1,642 sqft, 6,480 sqft lot single_family.
Is 250 Raye Dr a flip candidate?
No — 250 Raye Dr does not appear in our flips dataset.
Is 250 Raye Dr a tax-appeal candidate?
No — 250 Raye Dr 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
+17.2%
2026 Q3
$264.2K
2026 Q4
$273.1K
ZIP 60411 — Median Price History + Forecast

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