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7240 Olive Ave

Chicago, IL 60631

3 bd 3 ba 2,081 sqft Built 1978 Lot 5,000 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $28,867 $10,000 $38,867 $8,200
2022 $28,867 $10,000 $38,867 $6,727
2021 $28,867 $10,000 $38,867 $6,610
2020 $28,611 $6,250 $34,861 $6,521
2019 $32,059 $6,250 $38,309 $6,456
2018 $33,530 $6,250 $39,780 $6,636
2017 $26,656 $5,500 $32,156 $5,614
2016 $26,656 $5,500 $32,156 $6,440
2015 $28,349 $5,500 $33,849 $5,097
2014 $26,643 $5,000 $31,643 $5,871
2013 $26,643 $5,000 $31,643 $4,935
2012 $26,643 $5,000 $31,643 $4,910
2011 $34,466 $7,000 $41,466 $6,719
2010 $34,466 $7,000 $41,466 $5,544
2009 $34,466 $7,000 $41,466 $5,355
2007 $39,889 $7,400 $47,289 $4,746
2006 $39,889 $7,400 $47,289 $4,932

Property facts

Year built
1978
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,081 sqft
Lot size
5,000 sqft
ZIP code
60631
City
Chicago
Street
Olive Ave
Coordinates
41.98388, -87.80859

Comparable properties nearby

Frequently asked questions

When did 7240 Olive Ave last sell?
No public-record sale is on file for 7240 Olive Ave.
What is the current tax assessment for 7240 Olive Ave?
The most recent total assessment for 7240 Olive Ave (year 2023) is $38,867 with $8,200 in property tax.
When was 7240 Olive Ave built?
7240 Olive Ave was built in 1978.
How does 7240 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 7240 Olive Ave?
7240 Olive Ave is a 3 bed, 3 bath, 2,081 sqft, 5,000 sqft lot single_family.
Is 7240 Olive Ave a flip candidate?
No — 7240 Olive Ave does not appear in our flips dataset.
Is 7240 Olive Ave a tax-appeal candidate?
No — 7240 Olive 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
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$548.9K
2026 Q4
$555.7K
ZIP 60631 — Median Price History + Forecast

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