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2940 Harlem Ave

Elmwood Park, IL 60707

12 bd 9 ba 6,200 sqft Built 1975 Lot 6,250 sqft multi_family
Most recent sale
$1,340,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2022 Sold $1,340,000 MLS #11261984
Nov 3, 2021 Listed $1,400,000 MLS #11261984
Jan 28, 2011 Sold $541,000 Public Record
Sep 2, 1988 Sold $93,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $81,218 $10,781 $91,999 $27,841
2022 $81,218 $10,781 $91,999 $27,016
2021 $52,512 $10,781 $63,293 $23,773
2020 $52,512 $10,781 $63,293 $22,968
2019 $52,512 $10,781 $63,293 $18,458
2018 $47,862 $7,187 $55,049 $17,873
2017 $47,862 $7,187 $55,049 $17,281
2016 $47,862 $7,187 $55,049 $15,586
2015 $44,260 $6,875 $51,135 $15,887
2014 $44,260 $6,875 $51,135 $15,478
2013 $47,200 $6,875 $54,075 $15,969
2012 $47,200 $6,875 $54,075 $13,888
2011 $47,200 $6,875 $54,075 $13,450
2010 $61,360 $8,937 $70,297 $17,394
2009 $119,507 $10,000 $129,507 $29,155
2008 $117,007 $12,500 $129,507 $26,088
2007 $128,708 $13,750 $142,458 $28,611
2006 $109,771 $13,874 $123,645 $26,909

Property facts

Year built
1975
Property type
multi_family
Stories
3
Beds
12
Baths
9
Living area
6,200 sqft
Lot size
6,250 sqft
ZIP code
60707
City
Elmwood Park
Street
Harlem Ave
Coordinates
41.93409, -87.80696

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$11,160
Gross rental yield
9.99%
Implied cap rate
6.50%
Trend-extrapolated value

Frequently asked questions

When did 2940 Harlem Ave last sell?
2940 Harlem Ave most recently sold on Jan 14, 2022 for $1,340,000.
What is the current tax assessment for 2940 Harlem Ave?
The most recent total assessment for 2940 Harlem Ave (year 2023) is $91,999 with $27,841 in property tax.
How does 2940 Harlem Ave's assessment compare to its last sale price?
The current assessment is 93.1% below the last sale price of $1,340,000.
When was 2940 Harlem Ave built?
2940 Harlem Ave was built in 1975.
How does 2940 Harlem Ave compare to others on Harlem Ave?
We track 8 other properties on Harlem Ave. Browse the list under "Other properties on Harlem Ave" to compare beds, baths, and sale history.
What are the property facts for 2940 Harlem Ave?
2940 Harlem Ave is a 12 bed, 9 bath, 6,200 sqft, 6,250 sqft lot multi_family.
Is 2940 Harlem Ave a flip candidate?
No — 2940 Harlem Ave does not appear in our flips dataset.
Is 2940 Harlem Ave a tax-appeal candidate?
No — 2940 Harlem 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$427.9K
2026 Q4
$436.8K
ZIP 60707 — Median Price History + Forecast

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