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1622 Pierce Ave

Chicago, IL 60622

4 bd 2 ba 2,100 sqft Built 1878 Lot 4,356 sqft multi_family
Most recent sale
$645,000
Aug 27, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2023 Sold $675,000 MRED
Feb 7, 2023 Listed $700,000 MRED
Jan 30, 2023 Listing removed $700,000 MRED
Jan 18, 2023 Listing removed $725,000 MRED
Jan 18, 2023 Listed $700,000 MRED
Jan 10, 2023 Listed $725,000 MRED
Oct 11, 2022 Listing removed $735,000 MRED
Sep 18, 2022 Listed $735,000 MLS #11632297
Sep 18, 2022 Listing removed $735,000 MRED
Aug 30, 2022 Listed $735,000 MLS #11615839
Aug 27, 2021 Sold $645,000 MLS #11122868
Feb 25, 1993 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $50,800 $19,200 $70,000 $14,813
2022 $50,800 $19,200 $70,000 $14,397
2021 $50,800 $19,200 $70,000 $13,406
2020 $28,797 $10,920 $39,717 $8,156
2019 $33,211 $10,920 $44,131 $8,177
2018 $34,571 $10,920 $45,491 $8,307
2017 $30,936 $9,600 $40,536 $8,000
2016 $33,415 $9,600 $43,015 $8,115
2015 $33,415 $9,600 $43,015 $7,402
2014 $27,431 $8,400 $35,831 $6,171
2013 $27,431 $8,400 $35,831 $6,039
2012 $27,431 $8,400 $35,831 $5,982
2011 $32,531 $11,400 $43,931 $6,464
2010 $32,531 $11,400 $43,931 $6,360
2009 $32,531 $11,400 $43,931 $5,925
2008 $32,912 $13,248 $46,160 $5,658
2007 $32,912 $13,248 $46,160 $5,257
2006 $35,429 $13,248 $48,677 $4,867

Property facts

Year built
1878
Property type
multi_family
Stories
Beds
4
Baths
2
Living area
2,100 sqft
Lot size
4,356 sqft
ZIP code
60622
City
Chicago
Street
Pierce Ave
Coordinates
41.91007, -87.66865

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,780
Gross rental yield
7.03%
Implied cap rate
4.57%
Trend-extrapolated value

Frequently asked questions

When did 1622 Pierce Ave last sell?
1622 Pierce Ave most recently sold on Aug 27, 2021 for $645,000.
What is the current tax assessment for 1622 Pierce Ave?
The most recent total assessment for 1622 Pierce Ave (year 2023) is $70,000 with $14,813 in property tax.
How does 1622 Pierce Ave's assessment compare to its last sale price?
The current assessment is 89.1% below the last sale price of $645,000.
When was 1622 Pierce Ave built?
1622 Pierce Ave was built in 1878.
How does 1622 Pierce Ave compare to others on Pierce Ave?
We track 8 other properties on Pierce Ave. Browse the list under "Other properties on Pierce Ave" to compare beds, baths, and sale history.
What are the property facts for 1622 Pierce Ave?
1622 Pierce Ave is a 4 bed, 2 bath, 2,100 sqft, 4,356 sqft lot multi_family.
Is 1622 Pierce Ave a flip candidate?
No — 1622 Pierce Ave does not appear in our flips dataset.
Is 1622 Pierce Ave a tax-appeal candidate?
No — 1622 Pierce 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
-0.7%
Implied 1-yr
-2.9%
2026 Q3
$737.7K
2026 Q4
$732K
ZIP 60622 — Median Price History + Forecast

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