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7118 Albany Ave

Chicago, IL 60629

3 bd 1 ba 1,122 sqft Built 1950 Lot 3,780 sqft single_family
Most recent sale
$250,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $250,000 Public Record
Jun 10, 2022 Sold $250,000 MLS #11377283
Apr 20, 2022 Listed $235,000 MLS #11377283
Dec 10, 2021 Sold $130,000 MLS #11276537

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $12,976 $3,024 $16,000 $2,690
2022 $12,976 $3,024 $16,000 $3,309
2021 $12,976 $3,024 $16,000 $3,217
2020 $6,408 $3,024 $9,432 $2,114
2019 $7,457 $3,024 $10,481 $2,119
2018 $7,457 $3,024 $10,481 $2,083
2017 $7,057 $2,646 $9,703 $2,220
2016 $7,057 $2,646 $9,703 $2,061
2015 $7,057 $2,646 $9,703 $1,891
2014 $6,797 $2,457 $9,254 $1,831
2013 $6,797 $2,457 $9,254 $1,797
2012 $6,797 $2,457 $9,254 $1,780
2011 $9,247 $3,213 $12,460 $2,183
2010 $9,247 $3,213 $12,460 $2,167
2009 $9,247 $3,213 $12,460 $917
2008 $9,027 $3,628 $12,655 $872
2007 $9,027 $3,628 $12,655 $858
2006 $9,027 $3,628 $12,655 $835

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,122 sqft
Lot size
3,780 sqft
ZIP code
60629
City
Chicago
Street
Albany Ave
Coordinates
41.76380, -87.70070

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,020
Gross rental yield
9.70%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 7118 Albany Ave last sell?
7118 Albany Ave most recently sold on Jul 20, 2022 for $250,000.
What is the current tax assessment for 7118 Albany Ave?
The most recent total assessment for 7118 Albany Ave (year 2023) is $16,000 with $2,690 in property tax.
How does 7118 Albany Ave's assessment compare to its last sale price?
The current assessment is 93.6% below the last sale price of $250,000.
When was 7118 Albany Ave built?
7118 Albany Ave was built in 1950.
How does 7118 Albany Ave compare to others on Albany Ave?
We track 8 other properties on Albany Ave. Browse the list under "Other properties on Albany Ave" to compare beds, baths, and sale history.
What are the property facts for 7118 Albany Ave?
7118 Albany Ave is a 3 bed, 1 bath, 1,122 sqft, 3,780 sqft lot single_family.
Is 7118 Albany Ave a flip candidate?
Yes — 7118 Albany Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7118 Albany Ave a tax-appeal candidate?
No — 7118 Albany 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
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$358.8K
2026 Q4
$368.2K
ZIP 60629 — Median Price History + Forecast

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