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8855 Luella Ave

Chicago, IL 60617

5 bd 3 ba 2,700 sqft Built 1951 Lot 3,751 sqft single_family
Most recent sale
$325,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $325,000 MLS #11457243
Aug 23, 2022 Price changed $325,000 MLS #11457243
Aug 12, 2022 Relisted $329,000 MLS #11457243
Jul 13, 2022 Listing removed $339,900 MRED
Jul 7, 2022 Listed $339,900 MLS #11457243
Jan 7, 2022 Sold $150,000 MLS #11242334

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $10,312 $4,687 $14,999 $2,471
2022 $10,312 $4,687 $14,999 $3,094
2021 $10,312 $4,687 $14,999 $1,815
2020 $7,700 $3,375 $11,075 $1,226
2019 $8,796 $3,375 $12,171 $1,208
2018 $8,796 $3,375 $12,171 $1,186
2017 $10,215 $3,000 $13,215 $1,540
2016 $10,215 $3,000 $13,215 $1,794
2015 $10,215 $3,000 $13,215 $1,601
2014 $10,840 $2,250 $13,090 $1,616
2013 $10,840 $2,250 $13,090 $1,565
2012 $10,840 $2,250 $13,090 $1,585
2011 $13,088 $3,000 $16,088 $2,066
2010 $13,088 $3,000 $16,088 $1,738
2009 $13,088 $3,000 $16,088 $1,512
2008 $14,393 $3,000 $17,393 $1,458
2007 $14,393 $3,000 $17,393 $1,424
2006 $14,393 $3,000 $17,393 $1,401

Property facts

Year built
1951
Property type
single_family
Stories
Beds
5
Baths
3
Living area
2,700 sqft
Lot size
3,751 sqft
ZIP code
60617
City
Chicago
Street
Luella Ave
Coordinates
41.73371, -87.56921

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,950
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8855 Luella Ave last sell?
8855 Luella Ave most recently sold on Sep 30, 2022 for $325,000.
What is the current tax assessment for 8855 Luella Ave?
The most recent total assessment for 8855 Luella Ave (year 2023) is $14,999 with $2,471 in property tax.
How does 8855 Luella Ave's assessment compare to its last sale price?
The current assessment is 95.4% below the last sale price of $325,000.
When was 8855 Luella Ave built?
8855 Luella Ave was built in 1951.
How does 8855 Luella Ave compare to others on Luella Ave?
We track 8 other properties on Luella Ave. Browse the list under "Other properties on Luella Ave" to compare beds, baths, and sale history.
What are the property facts for 8855 Luella Ave?
8855 Luella Ave is a 5 bed, 3 bath, 2,700 sqft, 3,751 sqft lot single_family.
Is 8855 Luella Ave a flip candidate?
Yes — 8855 Luella Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8855 Luella Ave a tax-appeal candidate?
No — 8855 Luella 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
+2.8%
Implied 1-yr
+11.1%
2026 Q3
$262.1K
2026 Q4
$268.2K
ZIP 60617 — Median Price History + Forecast

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