3223 Olive Ave
Chicago, IL 60659
6 bd 2 ba 2,800 sqft Built 1923 Lot 3,690 sqft multi_family
Most recent sale
$550,000
May 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 12, 2024 | Sold | $575,000 | MRED |
| Oct 25, 2024 | Listed | $599,900 | MRED |
| Oct 2, 2024 | Listed | $605,000 | MRED |
| Sep 13, 2024 | Listed | $625,000 | MRED |
| May 31, 2022 | Sold | $550,000 | MLS #11350573 |
| Mar 25, 2022 | Listed | $569,900 | MLS #11350573 |
| Aug 19, 2015 | Sold | $309,000 | Public Record |
| Jul 9, 2015 | Sold | $309,000 | MLS #08900556 |
| Apr 23, 2015 | Listed | $309,000 | MLS #08900556 |
| Aug 1, 1987 | Sold | $127,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $27,197 | $10,416 | $37,613 | $7,262 |
| 2022 | $29,584 | $10,416 | $40,000 | $7,550 |
| 2021 | $29,584 | $10,416 | $40,000 | $7,398 |
| 2020 | $22,466 | $5,394 | $27,860 | $5,534 |
| 2019 | $26,630 | $5,394 | $32,024 | $5,764 |
| 2018 | $26,630 | $5,394 | $32,024 | $5,666 |
| 2017 | $26,064 | $4,836 | $30,900 | $5,945 |
| 2016 | $26,064 | $4,836 | $30,900 | $5,708 |
| 2015 | $27,022 | $4,836 | $31,858 | $5,858 |
| 2014 | $26,201 | $4,464 | $30,665 | $5,710 |
| 2013 | $26,201 | $4,464 | $30,665 | $5,598 |
| 2012 | $26,201 | $4,464 | $30,665 | $3,853 |
| 2011 | $29,345 | $5,952 | $35,297 | $4,847 |
| 2010 | $29,345 | $5,952 | $35,297 | $5,744 |
| 2009 | $29,345 | $5,952 | $35,297 | $2,492 |
| 2008 | $36,723 | $8,332 | $45,055 | $2,484 |
| 2007 | $36,723 | $8,332 | $45,055 | $2,349 |
| 2006 | $36,723 | $8,332 | $45,055 | $4,161 |
Property facts
Year built
1923
Property type
multi_family
Stories
—
Beds
6
Baths
2
Living area
2,800 sqft
Lot size
3,690 sqft
ZIP code
60659
City
Chicago
Street
Olive Ave
Coordinates
41.98370, -87.71008
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
$5,040
Gross rental yield
11.00%
Implied cap rate
7.15%
Trend-extrapolated value
—
Frequently asked questions
When did 3223 Olive Ave last sell?
3223 Olive Ave most recently sold on May 31, 2022 for $550,000.
What is the current tax assessment for 3223 Olive Ave?
The most recent total assessment for 3223 Olive Ave (year 2023) is $37,613 with $7,262 in property tax.
How does 3223 Olive Ave's assessment compare to its last sale price?
The current assessment is 93.2% below the last sale price of $550,000.
When was 3223 Olive Ave built?
3223 Olive Ave was built in 1923.
How does 3223 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 3223 Olive Ave?
3223 Olive Ave is a 6 bed, 2 bath, 2,800 sqft, 3,690 sqft lot multi_family.
Is 3223 Olive Ave a flip candidate?
No — 3223 Olive Ave does not appear in our flips dataset.
Is 3223 Olive Ave a tax-appeal candidate?
No — 3223 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
+6.3%
Implied 1-yr
+25.2%
2026 Q2
$746.4K
2026 Q3
$779.7K
ZIP 60659 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Olive Ave