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574 Shelly Ln

Chicago Heights, IL 60411

3 bd 1 ba 1,091 sqft Built 1971 Lot 5,214 sqft single_family
Most recent sale
$148,600
Feb 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2022 Sold $148,600 MLS #11283041
Dec 7, 2021 Listed $148,600 MLS #11283041
Jun 13, 2009 Listing removed $19,500 MRED
May 1, 2009 Listed $19,500 MLS #07204728
Oct 9, 2008 Listing removed $31,900 MRED
May 26, 2008 Listed $31,900 MLS #06908706
May 10, 1993 Sold $60,000 Public Record
Feb 8, 1990 Sold $38,000 Public Record
Feb 1, 1989 Sold $25,000 Public Record
Mar 18, 1985 Sold $45,500 Public Record
Mar 1, 1985 Sold $45,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $6,540 $1,824 $8,364 $2,683
2022 $4,904 $1,563 $6,467 $4,087
2021 $4,904 $1,563 $6,467 $3,924
2020 $4,904 $1,563 $6,467 $3,800
2019 $4,844 $1,433 $6,277 $3,615
2018 $4,844 $1,433 $6,277 $3,436
2017 $4,844 $1,433 $6,277 $3,285
2016 $5,354 $1,303 $6,657 $3,569
2015 $5,354 $1,303 $6,657 $3,529
2014 $5,354 $1,303 $6,657 $3,497
2013 $5,524 $1,303 $6,827 $3,454
2012 $5,524 $1,303 $6,827 $3,346
2011 $5,524 $1,303 $6,827 $3,050
2010 $7,240 $1,303 $8,543 $3,418
2009 $7,240 $1,303 $8,543 $3,304
2008 $6,908 $2,084 $8,992 $2,879
2007 $6,699 $1,876 $8,575 $2,869
2006 $6,699 $1,876 $8,575 $2,874

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,091 sqft
Lot size
5,214 sqft
ZIP code
60411
City
Chicago Heights
Street
Shelly Ln
Coordinates
41.50039, -87.66719

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$892
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 574 Shelly Ln last sell?
574 Shelly Ln most recently sold on Feb 3, 2022 for $148,600.
What is the current tax assessment for 574 Shelly Ln?
The most recent total assessment for 574 Shelly Ln (year 2023) is $8,364 with $2,683 in property tax.
How does 574 Shelly Ln's assessment compare to its last sale price?
The current assessment is 94.4% below the last sale price of $148,600.
When was 574 Shelly Ln built?
574 Shelly Ln was built in 1971.
How does 574 Shelly Ln compare to others on Shelly Ln?
We track 6 other properties on Shelly Ln. Browse the list under "Other properties on Shelly Ln" to compare beds, baths, and sale history.
What are the property facts for 574 Shelly Ln?
574 Shelly Ln is a 3 bed, 1 bath, 1,091 sqft, 5,214 sqft lot single_family.
Is 574 Shelly Ln a flip candidate?
No — 574 Shelly Ln does not appear in our flips dataset.
Is 574 Shelly Ln a tax-appeal candidate?
No — 574 Shelly Ln 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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