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4937 Neva Ave

Chicago, IL 60656

3 bd 2 ba 1,237 sqft Built 1962 Lot 5,000 sqft single_family
Most recent sale
$307,500
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2023 Listing removed $529,900 MRED
Nov 8, 2022 Listing removed $549,000 MRED
Nov 8, 2022 Listed $529,900 MRED
Oct 5, 2022 Price changed $549,000 MLS #11627928
Sep 21, 2022 Price changed $579,000 MLS #11627928
Sep 13, 2022 Listed $589,000 MLS #11627928
Mar 31, 2022 Sold $307,500 MLS #11342739
Mar 9, 2022 Listed $299,900 MLS #11342739

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $18,000 $10,005 $28,005 $5,912
2022 $18,000 $10,005 $28,005 $5,763
2021 $18,000 $10,005 $28,005 $5,634
2020 $22,047 $6,250 $28,297 $6,307
2019 $25,192 $6,250 $31,442 $6,321
2018 $25,192 $6,250 $31,442 $6,215
2017 $20,851 $5,500 $26,351 $2,904
2016 $20,851 $5,500 $26,351 $5,281
2015 $22,238 $5,500 $27,738 $5,086
2014 $19,949 $5,000 $24,949 $1,859
2013 $19,949 $5,000 $24,949 $1,866
2012 $19,949 $5,000 $24,949 $1,747
2011 $25,348 $7,000 $32,348 $1,599
2010 $25,348 $7,000 $32,348 $1,445
2009 $25,348 $7,000 $32,348 $1,356
2008 $31,728 $6,800 $38,528 $1,436
2007 $31,728 $6,800 $38,528 $1,539
2006 $31,728 $6,800 $38,528 $1,633

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,237 sqft
Lot size
5,000 sqft
ZIP code
60656
City
Chicago
Street
Neva Ave
Coordinates
41.97113, -87.80563

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,227
Gross rental yield
8.69%
Implied cap rate
5.65%
Trend-extrapolated value

Frequently asked questions

When did 4937 Neva Ave last sell?
4937 Neva Ave most recently sold on Mar 31, 2022 for $307,500.
What is the current tax assessment for 4937 Neva Ave?
The most recent total assessment for 4937 Neva Ave (year 2023) is $28,005 with $5,912 in property tax.
How does 4937 Neva Ave's assessment compare to its last sale price?
The current assessment is 90.9% below the last sale price of $307,500.
When was 4937 Neva Ave built?
4937 Neva Ave was built in 1962.
How does 4937 Neva Ave compare to others on Neva Ave?
We track 8 other properties on Neva Ave. Browse the list under "Other properties on Neva Ave" to compare beds, baths, and sale history.
What are the property facts for 4937 Neva Ave?
4937 Neva Ave is a 3 bed, 2 bath, 1,237 sqft, 5,000 sqft lot single_family.
Is 4937 Neva Ave a flip candidate?
No — 4937 Neva Ave does not appear in our flips dataset.
Is 4937 Neva Ave a tax-appeal candidate?
No — 4937 Neva 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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