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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 adviceEstimated monthly rent
$2,020
Gross rental yield
9.70%
Implied cap rate
6.30%
Trend-extrapolated value
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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 valuationQuarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$358.8K
2026 Q4
$368.2K
ZIP 60629 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Albany Ave