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703 Ludlow Ave

Elgin, IL 60120

3 bd 2 ba 1,103 sqft Built 1959 Lot 7,881 sqft single_family
Most recent sale
$230,000
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $230,000 MLS #11466690
Jul 17, 2022 Listed $225,000 MLS #11466690
Nov 4, 2016 Sold $155,890 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $15,852 $5,148 $21,000 $6,044
2022 $15,852 $5,148 $21,000 $4,152
2021 $11,161 $4,158 $15,319 $3,213
2020 $11,161 $4,158 $15,319 $3,333
2019 $13,055 $4,158 $17,213 $3,384
2018 $12,025 $3,564 $15,589 $3,196
2017 $12,025 $3,564 $15,589 $3,222
2016 $12,025 $3,564 $15,589 $3,604
2015 $9,345 $3,168 $12,513 $2,816
2014 $9,345 $3,168 $12,513 $2,760
2013 $9,345 $3,168 $12,513 $2,635
2012 $13,550 $3,762 $17,312 $3,906
2011 $13,550 $3,762 $17,312 $3,896
2010 $13,550 $3,762 $17,312 $3,536
2009 $16,157 $3,168 $19,325 $3,124
2008 $15,712 $5,068 $20,780 $2,769
2007 $15,712 $5,068 $20,780 $2,702
2006 $13,392 $4,118 $17,510 $2,636

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,103 sqft
Lot size
7,881 sqft
ZIP code
60120
City
Elgin
Street
Ludlow Ave
Coordinates
42.05741, -88.26255

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,985
Gross rental yield
10.36%
Implied cap rate
6.73%
Trend-extrapolated value

Frequently asked questions

When did 703 Ludlow Ave last sell?
703 Ludlow Ave most recently sold on Sep 20, 2022 for $230,000.
What is the current tax assessment for 703 Ludlow Ave?
The most recent total assessment for 703 Ludlow Ave (year 2023) is $21,000 with $6,044 in property tax.
How does 703 Ludlow Ave's assessment compare to its last sale price?
The current assessment is 90.9% below the last sale price of $230,000.
When was 703 Ludlow Ave built?
703 Ludlow Ave was built in 1959.
How does 703 Ludlow Ave compare to others on Ludlow Ave?
We track 8 other properties on Ludlow Ave. Browse the list under "Other properties on Ludlow Ave" to compare beds, baths, and sale history.
What are the property facts for 703 Ludlow Ave?
703 Ludlow Ave is a 3 bed, 2 bath, 1,103 sqft, 7,881 sqft lot single_family.
Is 703 Ludlow Ave a flip candidate?
No — 703 Ludlow Ave does not appear in our flips dataset.
Is 703 Ludlow Ave a tax-appeal candidate?
No — 703 Ludlow 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
+1.4%
Implied 1-yr
+5.7%
2026 Q3
$347.5K
2026 Q4
$352K
ZIP 60120 — Median Price History + Forecast

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