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1551 Thorn St

Chicago Heights, IL 60411

2 bd 2 ba 1,120 sqft Built 1898 Lot 4,704 sqft single_family
Most recent sale
$75,000
Feb 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $83,000 MRED
Feb 1, 2022 Sold $75,000 MLS #11281686
Dec 5, 2021 Listed $82,900 MLS #11281686
Jun 6, 1985 Sold $30,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $3,793 $1,757 $5,550 $2,950
2022 $2,715 $1,523 $4,238 $2,678
2021 $2,715 $1,523 $4,238 $2,572
2020 $2,715 $1,523 $4,238 $2,490
2019 $3,426 $1,406 $4,832 $2,782
2018 $3,426 $1,406 $4,832 $2,645
2017 $3,426 $1,406 $4,832 $762
2016 $3,700 $1,288 $4,988 $1,335
2015 $3,700 $1,288 $4,988 $1,253
2014 $3,700 $1,288 $4,988 $1,271
2013 $4,820 $1,288 $6,108 $1,759
2012 $4,820 $1,288 $6,108 $1,771
2011 $4,820 $1,288 $6,108 $1,826
2010 $6,352 $1,288 $7,640 $2,110
2009 $6,352 $1,288 $7,640 $1,867
2008 $5,980 $2,062 $8,042 $1,634
2007 $5,265 $1,874 $7,139 $1,671
2006 $5,265 $1,874 $7,139 $1,643

Property facts

Year built
1898
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,120 sqft
Lot size
4,704 sqft
ZIP code
60411
City
Chicago Heights
Street
Thorn St
Coordinates
41.50255, -87.64367

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
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1551 Thorn St last sell?
1551 Thorn St most recently sold on Feb 1, 2022 for $75,000.
What is the current tax assessment for 1551 Thorn St?
The most recent total assessment for 1551 Thorn St (year 2023) is $5,550 with $2,950 in property tax.
How does 1551 Thorn St's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $75,000.
When was 1551 Thorn St built?
1551 Thorn St was built in 1898.
How does 1551 Thorn St compare to others on Thorn St?
We track 8 other properties on Thorn St. Browse the list under "Other properties on Thorn St" to compare beds, baths, and sale history.
What are the property facts for 1551 Thorn St?
1551 Thorn St is a 2 bed, 2 bath, 1,120 sqft, 4,704 sqft lot single_family.
Is 1551 Thorn St a flip candidate?
No — 1551 Thorn St does not appear in our flips dataset.
Is 1551 Thorn St a tax-appeal candidate?
No — 1551 Thorn St 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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