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1816 Bishop St

Chicago, IL 60608

8 bd 4 ba 3,307 sqft Built 1888 Lot 3,000 sqft multi_family
Most recent sale
$625,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 21, 2025 Sold $640,000 MRED
Jan 8, 2025 Price changed $672,500 MRED
Sep 14, 2024 Price changed $679,500 MRED
Aug 22, 2024 Price changed $689,500 MRED
Jul 28, 2024 Price changed $699,888 MRED
Jun 21, 2024 Listed $725,000 MRED
Jan 20, 2023 Sold $625,000 Public Record
Sep 28, 2022 Sold $625,000 MLS #11298961
Mar 27, 2022 Relisted $699,900 MLS #11298961
Mar 9, 2022 Listing removed $699,900 MRED
Jan 5, 2022 Listed $699,900 MLS #11298961

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $42,000 $9,000 $51,000 $10,760
2022 $42,000 $9,000 $51,000 $10,489
2021 $42,000 $9,000 $51,000 $10,255
2020 $24,963 $7,050 $32,013 $7,131
2019 $29,747 $7,050 $36,797 $7,393
2018 $29,747 $7,050 $36,797 $7,269
2017 $18,831 $6,150 $24,981 $5,378
2016 $18,831 $6,150 $24,981 $5,003
2015 $18,831 $6,150 $24,981 $4,578
2014 $17,193 $5,400 $22,593 $4,192
2013 $17,193 $5,400 $22,593 $4,109
2012 $17,193 $5,400 $22,593 $4,054
2011 $20,438 $7,200 $27,638 $4,479
2010 $20,438 $7,200 $27,638 $4,497
2009 $20,438 $7,200 $27,638 $4,310
2008 $23,574 $5,520 $29,094 $4,174
2007 $23,574 $5,520 $29,094 $4,132
2006 $23,574 $5,520 $29,094 $4,176

Property facts

Year built
1888
Property type
multi_family
Stories
Beds
8
Baths
4
Living area
3,307 sqft
Lot size
3,000 sqft
ZIP code
60608
City
Chicago
Street
Bishop St
Coordinates
41.85727, -87.66298

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,953
Gross rental yield
11.43%
Implied cap rate
7.43%
Trend-extrapolated value

Frequently asked questions

When did 1816 Bishop St last sell?
1816 Bishop St most recently sold on Sep 28, 2022 for $625,000.
What is the current tax assessment for 1816 Bishop St?
The most recent total assessment for 1816 Bishop St (year 2023) is $51,000 with $10,760 in property tax.
How does 1816 Bishop St's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $625,000.
When was 1816 Bishop St built?
1816 Bishop St was built in 1888.
How does 1816 Bishop St compare to others on Bishop St?
We track 8 other properties on Bishop St. Browse the list under "Other properties on Bishop St" to compare beds, baths, and sale history.
What are the property facts for 1816 Bishop St?
1816 Bishop St is a 8 bed, 4 bath, 3,307 sqft, 3,000 sqft lot multi_family.
Is 1816 Bishop St a flip candidate?
No — 1816 Bishop St does not appear in our flips dataset.
Is 1816 Bishop St a tax-appeal candidate?
No — 1816 Bishop 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$484.2K
2026 Q4
$488.3K
ZIP 60608 — Median Price History + Forecast

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