1616 Olive Ave
Chicago, IL 60660
5 bd 3 ba Built 1896 Lot 2,725 sqft multi_family
Most recent sale
$390,000
Apr 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2022 | Sold | $390,000 | MLS #11313563 |
| Feb 14, 2022 | Price changed | $400,000 | MLS #11313563 |
| Feb 2, 2022 | Listed | $475,000 | MLS #11313563 |
| Jul 15, 2009 | Listing removed | $400,000 | MRED |
| Feb 27, 2009 | Listing removed | $435,000 | MRED |
| Feb 27, 2009 | Listed | $400,000 | MLS #07146761 |
| Jan 5, 2009 | Listed | $435,000 | MLS #07102660 |
| Nov 1, 2008 | Listing removed | $469,900 | MRED |
| Jul 29, 2008 | Listed | $469,900 | MLS #06979210 |
| Jan 21, 2005 | Sold | $370,000 | Public Record |
| Mar 25, 1988 | Sold | $78,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $23,340 | $21,800 | $45,140 | $9,524 |
| 2022 | $28,919 | $21,800 | $50,719 | $9,728 |
| 2021 | $35,200 | $21,800 | $57,000 | $10,792 |
| 2020 | $25,812 | $12,535 | $38,347 | $7,851 |
| 2019 | $31,042 | $12,535 | $43,577 | $8,066 |
| 2018 | $31,042 | $12,535 | $43,577 | $7,929 |
| 2017 | $25,712 | $10,900 | $36,612 | $7,155 |
| 2016 | $25,712 | $10,900 | $36,612 | $6,833 |
| 2015 | $25,712 | $10,900 | $36,612 | $6,228 |
| 2014 | $22,979 | $8,175 | $31,154 | $5,304 |
| 2013 | $22,979 | $8,175 | $31,154 | $5,188 |
| 2012 | $22,979 | $8,175 | $31,154 | $5,143 |
| 2011 | $32,441 | $9,810 | $42,251 | $6,519 |
| 2010 | $32,441 | $9,810 | $42,251 | $6,086 |
| 2009 | $32,441 | $9,810 | $42,251 | $5,663 |
| 2008 | $35,271 | $9,482 | $44,753 | $5,457 |
| 2007 | $35,271 | $9,482 | $44,753 | $5,058 |
| 2006 | $35,271 | $9,482 | $44,753 | $4,969 |
Property facts
Year built
1896
Property type
multi_family
Stories
—
Beds
5
Baths
3
Living area
—
Lot size
2,725 sqft
ZIP code
60660
City
Chicago
Street
Olive Ave
Coordinates
41.98452, -87.67064
Frequently asked questions
When did 1616 Olive Ave last sell?
1616 Olive Ave most recently sold on Apr 19, 2022 for $390,000.
What is the current tax assessment for 1616 Olive Ave?
The most recent total assessment for 1616 Olive Ave (year 2023) is $45,140 with $9,524 in property tax.
How does 1616 Olive Ave's assessment compare to its last sale price?
The current assessment is 88.4% below the last sale price of $390,000.
When was 1616 Olive Ave built?
1616 Olive Ave was built in 1896.
How does 1616 Olive Ave compare to others on Olive Ave?
We track 8 other properties on Olive Ave. Browse the list under "Other properties on Olive Ave" to compare beds, baths, and sale history.
What are the property facts for 1616 Olive Ave?
1616 Olive Ave is a 5 bed, 3 bath, 2,725 sqft lot multi_family.
Is 1616 Olive Ave a flip candidate?
No — 1616 Olive Ave does not appear in our flips dataset.
Is 1616 Olive Ave a tax-appeal candidate?
No — 1616 Olive 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
+2.9%
Implied 1-yr
+11.4%
2026 Q3
$366.3K
2026 Q4
$375.1K
ZIP 60660 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Olive Ave