2540 Monticello Ave
Chicago, IL 60647
4 bd 2 ba 1,708 sqft Built 1903 Lot 3,250 sqft single_family
Most recent sale
$538,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 2, 2022 | Sold | $538,000 | Public Record |
| Jun 3, 2022 | Sold | $538,000 | MLS #11360709 |
| Apr 21, 2022 | Relisted | $525,000 | MLS #11360709 |
| Apr 20, 2022 | Listing removed | $525,000 | MRED |
| Mar 31, 2022 | Listed | $525,000 | MLS #11360709 |
| Jan 13, 2017 | Sold | $394,000 | Public Record |
| Nov 30, 2016 | Sold | $394,000 | MLS #09342794 |
| Sep 15, 2016 | Listed | $399,000 | MLS #09342794 |
| Oct 16, 2009 | Sold | $288,500 | Public Record |
| Jun 27, 2009 | Listing removed | $327,000 | MRED |
| Jun 15, 2009 | Price changed | $327,000 | MLS #07034056 |
| Sep 26, 2008 | Listed | $349,999 | MLS #07034056 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $36,625 | $11,378 | $48,003 | $10,164 |
| 2022 | $36,625 | $11,378 | $48,003 | $9,201 |
| 2021 | $36,625 | $11,378 | $48,003 | $9,012 |
| 2020 | $38,652 | $5,200 | $43,852 | $9,110 |
| 2019 | $46,803 | $5,200 | $52,003 | $9,794 |
| 2018 | $46,803 | $5,200 | $52,003 | $9,594 |
| 2017 | $33,865 | $4,550 | $38,415 | $7,543 |
| 2016 | $33,865 | $4,550 | $38,415 | $7,194 |
| 2015 | $33,865 | $4,550 | $38,415 | $6,559 |
| 2014 | $29,365 | $3,900 | $33,265 | $5,695 |
| 2013 | $29,365 | $3,900 | $33,265 | $5,572 |
| 2012 | $29,365 | $3,900 | $33,265 | $5,522 |
| 2011 | $36,833 | $5,200 | $42,033 | $6,484 |
| 2010 | $36,833 | $5,200 | $42,033 | $6,058 |
| 2009 | $36,833 | $5,200 | $42,033 | $6,554 |
| 2008 | $30,464 | $7,409 | $37,873 | $4,470 |
| 2007 | $30,464 | $7,409 | $37,873 | $4,080 |
| 2006 | $30,464 | $7,409 | $37,873 | $3,316 |
Property facts
Year built
1903
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,708 sqft
Lot size
3,250 sqft
ZIP code
60647
City
Chicago
Street
Monticello Ave
Coordinates
41.92765, -87.71865
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,074
Gross rental yield
6.86%
Implied cap rate
4.46%
Trend-extrapolated value
—
Frequently asked questions
When did 2540 Monticello Ave last sell?
2540 Monticello Ave most recently sold on Jun 3, 2022 for $538,000.
What is the current tax assessment for 2540 Monticello Ave?
The most recent total assessment for 2540 Monticello Ave (year 2023) is $48,003 with $10,164 in property tax.
How does 2540 Monticello Ave's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $538,000.
When was 2540 Monticello Ave built?
2540 Monticello Ave was built in 1903.
How does 2540 Monticello Ave compare to others on Monticello Ave?
We track 8 other properties on Monticello Ave. Browse the list under "Other properties on Monticello Ave" to compare beds, baths, and sale history.
What are the property facts for 2540 Monticello Ave?
2540 Monticello Ave is a 4 bed, 2 bath, 1,708 sqft, 3,250 sqft lot single_family.
Is 2540 Monticello Ave a flip candidate?
No — 2540 Monticello Ave does not appear in our flips dataset.
Is 2540 Monticello Ave a tax-appeal candidate?
No — 2540 Monticello 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
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$812.2K
2026 Q4
$828.5K
ZIP 60647 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monticello Ave