7124 Grand Ave
Downers Grove, IL 60516
3 bd 2 ba 1,300 sqft Built 1971 Lot 10,503 sqft single_family
Most recent sale
$381,500
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $381,500 | MLS #11388305 |
| Apr 28, 2022 | Listed | $365,000 | MLS #11388305 |
| Dec 14, 2018 | Sold | $315,000 | MLS #10121149 |
| Oct 25, 2018 | Listing removed | $335,000 | MRED |
| Oct 24, 2018 | Listing removed | $335,000 | MRED |
| Oct 24, 2018 | Listed | $325,000 | MLS #10121149 |
| Aug 27, 2018 | Price changed | $335,000 | MLS #10041350 |
| Aug 3, 2018 | Listed | $349,900 | MLS #10041350 |
| Jul 30, 2010 | Sold | $272,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $74,416 | $48,124 | $122,540 | $7,287 |
| 2022 | $63,000 | $42,090 | $105,090 | $6,540 |
| 2021 | $62,280 | $41,610 | $103,890 | $6,354 |
| 2020 | $61,050 | $40,790 | $101,840 | $6,248 |
| 2019 | $58,580 | $39,140 | $97,720 | $6,053 |
| 2018 | $60,530 | $38,940 | $99,470 | $6,313 |
| 2017 | $58,250 | $37,470 | $95,720 | $6,131 |
| 2016 | $55,590 | $35,760 | $91,350 | $5,996 |
| 2015 | $49,830 | $33,640 | $83,470 | $5,724 |
| 2014 | $48,450 | $32,710 | $81,160 | $5,660 |
| 2013 | $48,220 | $32,560 | $80,780 | $5,496 |
| 2012 | $47,990 | $34,030 | $82,020 | $5,185 |
| 2011 | $53,800 | $38,150 | $91,950 | $5,332 |
| 2010 | $55,070 | $37,850 | $92,920 | $4,782 |
| 2009 | $58,450 | $40,180 | $98,630 | $4,665 |
| 2008 | $58,450 | $40,180 | $98,630 | $4,567 |
| 2007 | $55,190 | $37,940 | $93,130 | $4,408 |
| 2006 | $51,580 | $35,460 | $87,040 | $4,192 |
Property facts
Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,300 sqft
Lot size
10,503 sqft
ZIP code
60516
City
Downers Grove
Street
Grand Ave
Coordinates
41.75726, -87.99676
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,340
Gross rental yield
7.36%
Implied cap rate
4.78%
Trend-extrapolated value
—
Frequently asked questions
When did 7124 Grand Ave last sell?
7124 Grand Ave most recently sold on May 23, 2022 for $381,500.
What is the current tax assessment for 7124 Grand Ave?
The most recent total assessment for 7124 Grand Ave (year 2024) is $122,540 with $7,287 in property tax.
How does 7124 Grand Ave's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $381,500.
When was 7124 Grand Ave built?
7124 Grand Ave was built in 1971.
How does 7124 Grand Ave compare to others on Grand Ave?
We track 8 other properties on Grand Ave. Browse the list under "Other properties on Grand Ave" to compare beds, baths, and sale history.
What are the property facts for 7124 Grand Ave?
7124 Grand Ave is a 3 bed, 2 bath, 1,300 sqft, 10,503 sqft lot single_family.
Is 7124 Grand Ave a flip candidate?
No — 7124 Grand Ave does not appear in our flips dataset.
Is 7124 Grand Ave a tax-appeal candidate?
No — 7124 Grand 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$489.6K
2026 Q4
$489.6K
ZIP 60516 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grand Ave