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7255 Catalpa Ave

Chicago, IL 60656

2 bd 2 ba 953 sqft Built 1956 Lot 4,600 sqft single_family
Most recent sale
$357,500
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $357,500 MLS #11389436
Apr 29, 2022 Listed $369,900 MLS #11389436
May 7, 2020 Sold $310,000 MLS #10562625
Feb 24, 2020 Price changed $317,900 MLS #10562625
Jan 2, 2020 Price changed $324,900 MLS #10562625
Dec 6, 2019 Price changed $322,900 MLS #10562625
Oct 31, 2019 Listed $339,900 MLS #10562625

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $21,137 $6,863 $28,000 $5,907
2022 $21,137 $6,863 $28,000 $5,759
2021 $21,137 $6,863 $28,000 $5,630
2020 $18,066 $5,747 $23,813 $5,304
2019 $20,422 $5,747 $26,169 $5,258
2018 $20,422 $5,747 $26,169 $5,169
2017 $19,595 $5,057 $24,652 $5,307
2016 $19,595 $5,057 $24,652 $4,937
2015 $20,893 $5,057 $25,950 $4,755
2014 $18,737 $4,598 $23,335 $4,330
2013 $18,737 $4,598 $23,335 $4,244
2012 $18,737 $4,598 $23,335 $4,187
2011 $23,568 $6,437 $30,005 $4,862
2010 $23,568 $6,437 $30,005 $4,883
2009 $23,568 $6,437 $30,005 $3,568
2008 $30,453 $8,459 $38,912 $4,426
2007 $30,453 $8,459 $38,912 $4,053
2006 $30,453 $8,459 $38,912 $1,361

Property facts

Year built
1956
Property type
single_family
Stories
Beds
2
Baths
2
Living area
953 sqft
Lot size
4,600 sqft
ZIP code
60656
City
Chicago
Street
Catalpa Ave
Coordinates
41.97887, -87.80914

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
$1,715
Gross rental yield
5.76%
Implied cap rate
3.74%
Trend-extrapolated value

Frequently asked questions

When did 7255 Catalpa Ave last sell?
7255 Catalpa Ave most recently sold on Jun 15, 2022 for $357,500.
What is the current tax assessment for 7255 Catalpa Ave?
The most recent total assessment for 7255 Catalpa Ave (year 2023) is $28,000 with $5,907 in property tax.
How does 7255 Catalpa Ave's assessment compare to its last sale price?
The current assessment is 92.2% below the last sale price of $357,500.
When was 7255 Catalpa Ave built?
7255 Catalpa Ave was built in 1956.
How does 7255 Catalpa Ave compare to others on Catalpa Ave?
We track 8 other properties on Catalpa Ave. Browse the list under "Other properties on Catalpa Ave" to compare beds, baths, and sale history.
What are the property facts for 7255 Catalpa Ave?
7255 Catalpa Ave is a 2 bed, 2 bath, 953 sqft, 4,600 sqft lot single_family.
Is 7255 Catalpa Ave a flip candidate?
No — 7255 Catalpa Ave does not appear in our flips dataset.
Is 7255 Catalpa Ave a tax-appeal candidate?
No — 7255 Catalpa 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$360K
2026 Q4
$360K
ZIP 60656 — Median Price History + Forecast

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