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502 Ashland Ave

Elgin, IL 60123

3 bd 2 ba 1,700 sqft Built 1883 Lot 8,716 sqft single_family
Most recent sale
$200,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $200,000 MLS #11314351
Feb 17, 2022 Listed $199,900 MLS #11314351
Jul 10, 2006 Sold $180,000 Public Record
Jun 2, 1994 Sold $105,000 Public Record
May 9, 1989 Sold $96,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $64,472 $15,671 $80,143 $5,503
2024 $64,472 $15,671 $80,143 $5,267
2023 $59,383 $14,434 $73,817 $5,002
2022 $48,918 $11,890 $60,808 $4,752
2021 $45,735 $11,116 $56,851 $4,208
2020 $43,661 $10,612 $54,273 $4,083
2019 $41,590 $10,109 $51,699 $3,956
2018 $39,180 $9,523 $48,703 $3,911
2017 $36,768 $9,003 $45,771 $4,091
2016 $34,111 $8,352 $42,463 $3,889
2015 $31,266 $7,655 $38,921 $3,818
2014 $30,880 $7,560 $38,440 $4,074
2013 $31,695 $7,759 $39,454 $3,408
2012 $36,347 $8,381 $44,728 $3,958
2011 $40,688 $9,382 $50,070 $4,073
2009 $52,637 $11,132 $63,769 $4,551
2008 $52,637 $11,132 $63,769 $4,368
2007 $50,946 $10,774 $61,720 $4,310
2006 $48,897 $10,341 $59,238 $4,319

Property facts

Year built
1883
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,700 sqft
Lot size
8,716 sqft
ZIP code
60123
City
Elgin
Street
Ashland Ave
Coordinates
42.02326, -88.28100

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 502 Ashland Ave last sell?
502 Ashland Ave most recently sold on Apr 11, 2022 for $200,000.
What is the current tax assessment for 502 Ashland Ave?
The most recent total assessment for 502 Ashland Ave (year 2025) is $80,143 with $5,503 in property tax.
How does 502 Ashland Ave's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $200,000.
When was 502 Ashland Ave built?
502 Ashland Ave was built in 1883.
How does 502 Ashland Ave compare to others on Ashland Ave?
We track 8 other properties on Ashland Ave. Browse the list under "Other properties on Ashland Ave" to compare beds, baths, and sale history.
What are the property facts for 502 Ashland Ave?
502 Ashland Ave is a 3 bed, 2 bath, 1,700 sqft, 8,716 sqft lot single_family.
Is 502 Ashland Ave a flip candidate?
No — 502 Ashland Ave does not appear in our flips dataset.
Is 502 Ashland Ave a tax-appeal candidate?
No — 502 Ashland 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
+4.4%
Implied 1-yr
+17.5%
2026 Q2
$368.8K
2026 Q3
$381.4K
ZIP 60123 — Median Price History + Forecast

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