3242 Gustav St
Franklin Park, IL 60131
3 bd 1 ba 1,738 sqft Built 1892 Lot 9,278 sqft single_family
Most recent sale
$280,000
Dec 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 28, 2021 | Sold | $280,000 | MLS #11233189 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $18,630 | $8,370 | $27,000 | $7,274 |
| 2022 | $18,630 | $8,370 | $27,000 | $8,556 |
| 2021 | $10,921 | $6,045 | $16,966 | $4,345 |
| 2020 | $10,921 | $6,045 | $16,966 | $4,289 |
| 2019 | $13,126 | $6,045 | $19,171 | $4,504 |
| 2018 | $13,441 | $5,115 | $18,556 | $4,992 |
| 2017 | $13,441 | $5,115 | $18,556 | $4,963 |
| 2016 | $13,441 | $5,115 | $18,556 | $5,277 |
| 2015 | $11,796 | $4,650 | $16,446 | $5,398 |
| 2014 | $11,796 | $4,650 | $16,446 | $5,276 |
| 2013 | $11,796 | $4,650 | $16,446 | $4,869 |
| 2012 | $15,725 | $5,580 | $21,305 | $6,248 |
| 2011 | $15,725 | $5,580 | $21,305 | $6,143 |
| 2010 | $15,725 | $5,580 | $21,305 | $5,108 |
| 2009 | $18,547 | $5,812 | $24,359 | $5,364 |
| 2008 | $18,381 | $9,300 | $27,681 | $4,494 |
| 2007 | $18,381 | $9,300 | $27,681 | $3,683 |
| 2006 | $14,120 | $7,812 | $21,932 | $3,479 |
Property facts
Year built
1892
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,738 sqft
Lot size
9,278 sqft
ZIP code
60131
City
Franklin Park
Street
Gustav St
Coordinates
41.93814, -87.86714
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,128
Gross rental yield
13.41%
Implied cap rate
8.71%
Trend-extrapolated value
—
Frequently asked questions
When did 3242 Gustav St last sell?
3242 Gustav St most recently sold on Dec 28, 2021 for $280,000.
What is the current tax assessment for 3242 Gustav St?
The most recent total assessment for 3242 Gustav St (year 2023) is $27,000 with $7,274 in property tax.
How does 3242 Gustav St's assessment compare to its last sale price?
The current assessment is 90.4% below the last sale price of $280,000.
When was 3242 Gustav St built?
3242 Gustav St was built in 1892.
How does 3242 Gustav St compare to others on Gustav St?
We track 8 other properties on Gustav St. Browse the list under "Other properties on Gustav St" to compare beds, baths, and sale history.
What are the property facts for 3242 Gustav St?
3242 Gustav St is a 3 bed, 1 bath, 1,738 sqft, 9,278 sqft lot single_family.
Is 3242 Gustav St a flip candidate?
No — 3242 Gustav St does not appear in our flips dataset.
Is 3242 Gustav St a tax-appeal candidate?
No — 3242 Gustav St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q2
$365.8K
2026 Q3
$372.8K
ZIP 60131 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gustav St