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7501 Polk St

Hanover Park, IL 60133

2 bd 2 ba 1,126 sqft Built 1983 townhomes
Most recent sale
$206,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $206,000 MLS #11435328
Jun 17, 2022 Price changed $210,000 MLS #11435328
Jun 15, 2022 Listed $195,000 MLS #11435328
Sep 5, 2014 Sold $85,000 MLS #08603629
May 3, 2014 Listed $81,500 MLS #08603629
Apr 30, 2014 Listing removed $69,900 MRED
Mar 31, 2013 Listed $69,900 MLS #08303794
Jun 15, 2005 Sold $162,500 Public Record
Mar 25, 1999 Sold $103,500 Public Record
Oct 7, 1992 Sold $83,000 Public Record
Aug 31, 1987 Sold $68,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $15,000 $3,001 $18,001 $5,738
2022 $15,000 $3,001 $18,001 $5,565
2021 $7,861 $4,845 $12,706 $4,518
2020 $7,861 $4,845 $12,706 $4,456
2019 $9,432 $4,845 $14,277 $4,507
2018 $7,472 $4,093 $11,565 $4,118
2017 $7,472 $4,093 $11,565 $4,052
2016 $7,472 $4,093 $11,565 $3,808
2015 $8,919 $3,425 $12,344 $4,402
2014 $8,919 $3,425 $12,344 $3,424
2013 $8,919 $3,425 $12,344 $3,300
2012 $9,708 $3,759 $13,467 $3,297
2011 $9,708 $3,759 $13,467 $3,222
2010 $9,708 $3,759 $13,467 $3,342
2009 $13,328 $3,843 $17,171 $3,529
2008 $11,737 $6,149 $17,886 $3,282
2007 $11,737 $6,149 $17,886 $3,164
2006 $9,191 $5,881 $15,072 $3,143

Property facts

Year built
1983
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,126 sqft
Lot size
ZIP code
60133
City
Hanover Park
Street
Polk St
Coordinates
42.00603, -88.13048

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,027
Gross rental yield
11.81%
Implied cap rate
7.68%
Trend-extrapolated value

Frequently asked questions

When did 7501 Polk St last sell?
7501 Polk St most recently sold on Jul 15, 2022 for $206,000.
What is the current tax assessment for 7501 Polk St?
The most recent total assessment for 7501 Polk St (year 2023) is $18,001 with $5,738 in property tax.
How does 7501 Polk St's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $206,000.
When was 7501 Polk St built?
7501 Polk St was built in 1983.
How does 7501 Polk St compare to others on Polk St?
We do not currently track other properties on Polk St.
What are the property facts for 7501 Polk St?
7501 Polk St is a 2 bed, 2 bath, 1,126 sqft townhomes.
Is 7501 Polk St a flip candidate?
No — 7501 Polk St does not appear in our flips dataset.
Is 7501 Polk St a tax-appeal candidate?
No — 7501 Polk St 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
+2.2%
Implied 1-yr
+8.8%
2026 Q3
$353.6K
2026 Q4
$360.4K
ZIP 60133 — Median Price History + Forecast

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