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501 Union Ave

Chicago Heights, IL 60411

3 bd 1 ba 1,290 sqft Built 1980 Lot 8,928 sqft single_family
Most recent sale
$170,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $170,000 MLS #11369533
Apr 8, 2022 Listed $169,900 MLS #11369533
Jun 13, 2007 Sold $128,000 Public Record
Jun 1, 2006 Sold $119,000 Public Record
Aug 18, 2004 Sold $85,000 Public Record
Aug 1, 1989 Sold $58,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $5,082 $1,464 $6,546 $3,207
2022 $3,154 $1,281 $4,435 $1,625
2021 $3,154 $1,281 $4,435 $1,639
2020 $3,154 $1,281 $4,435 $1,698
2019 $3,927 $1,189 $5,116 $2,045
2018 $3,927 $1,189 $5,116 $1,934
2017 $3,927 $1,189 $5,116 $1,874
2016 $3,236 $1,098 $4,334 $1,678
2015 $3,236 $1,098 $4,334 $1,615
2014 $3,236 $1,098 $4,334 $1,589
2013 $3,219 $1,098 $4,317 $1,428
2012 $3,219 $1,098 $4,317 $1,150
2011 $3,219 $1,098 $4,317 $935
2010 $3,939 $1,098 $5,037 $777
2009 $3,939 $1,098 $5,037 $593
2008 $3,430 $1,756 $5,186 $1,300
2007 $3,487 $1,464 $4,951 $983
2006 $3,487 $1,464 $4,951 $918

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,290 sqft
Lot size
8,928 sqft
ZIP code
60411
City
Chicago Heights
Street
Union Ave
Coordinates
41.52224, -87.63296

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Union Ave last sell?
501 Union Ave most recently sold on May 31, 2022 for $170,000.
What is the current tax assessment for 501 Union Ave?
The most recent total assessment for 501 Union Ave (year 2023) is $6,546 with $3,207 in property tax.
How does 501 Union Ave's assessment compare to its last sale price?
The current assessment is 96.1% below the last sale price of $170,000.
When was 501 Union Ave built?
501 Union Ave was built in 1980.
How does 501 Union Ave compare to others on Union Ave?
We track 8 other properties on Union Ave. Browse the list under "Other properties on Union Ave" to compare beds, baths, and sale history.
What are the property facts for 501 Union Ave?
501 Union Ave is a 3 bed, 1 bath, 1,290 sqft, 8,928 sqft lot single_family.
Is 501 Union Ave a flip candidate?
No — 501 Union Ave does not appear in our flips dataset.
Is 501 Union Ave a tax-appeal candidate?
No — 501 Union 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
+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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