240 Illinois St
Chicago, IL 60611
1 bd 2 ba 1,025 sqft Built 2007 condos
Most recent sale
$465,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 31, 2022 | Sold | $465,000 | MLS #11351010 |
| Mar 18, 2022 | Listing removed | $484,900 | MRED |
| Mar 18, 2022 | Listed | $474,900 | MLS #11351010 |
| Feb 24, 2022 | Listed | $484,900 | MLS #11332079 |
| Dec 27, 2012 | Sold | $460,000 | Public Record |
| Mar 19, 2008 | Sold | $501,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $39,038 | $6,102 | $45,140 | $9,524 |
| 2022 | $39,038 | $6,102 | $45,140 | $9,284 |
| 2021 | $39,038 | $6,102 | $45,140 | $9,077 |
| 2020 | $40,423 | $4,707 | $45,130 | $10,053 |
| 2019 | $44,289 | $4,707 | $48,996 | $9,844 |
| 2018 | $44,289 | $4,707 | $48,996 | $9,678 |
| 2017 | $40,312 | $1,905 | $42,217 | $9,088 |
| 2016 | $40,312 | $1,905 | $42,217 | $8,456 |
| 2015 | $40,312 | $1,905 | $42,217 | $7,736 |
| 2014 | $31,388 | $1,482 | $32,870 | $6,099 |
| 2013 | $31,388 | $1,482 | $32,870 | $5,978 |
| 2012 | $28,171 | $4,699 | $32,870 | $5,898 |
| 2011 | $38,466 | $5,221 | $43,687 | $7,079 |
| 2010 | $38,466 | $5,221 | $43,687 | $7,109 |
| 2009 | $39,337 | $5,221 | $44,558 | $6,948 |
Property facts
Year built
2007
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
1,025 sqft
Lot size
—
ZIP code
60611
City
Chicago
Street
Illinois St
Coordinates
41.89116, -87.62130
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,845
Gross rental yield
4.76%
Implied cap rate
3.09%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Illinois St last sell?
240 Illinois St most recently sold on May 31, 2022 for $465,000.
What is the current tax assessment for 240 Illinois St?
The most recent total assessment for 240 Illinois St (year 2023) is $45,140 with $9,524 in property tax.
How does 240 Illinois St's assessment compare to its last sale price?
The current assessment is 90.3% below the last sale price of $465,000.
When was 240 Illinois St built?
240 Illinois St was built in 2007.
How does 240 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 240 Illinois St?
240 Illinois St is a 1 bed, 2 bath, 1,025 sqft condos.
Is 240 Illinois St a flip candidate?
No — 240 Illinois St does not appear in our flips dataset.
Is 240 Illinois St a tax-appeal candidate?
No — 240 Illinois St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$997.9K
2026 Q4
$1.02M
ZIP 60611 — Median Price History + Forecast
Explore nearby
Geography
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