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242 Sheridan Ave

Highwood, IL 60040

4 bd 2 ba 2,349 sqft Built 1923 single_family
Most recent sale
$365,000
Nov 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 17, 2022 Sold $365,000 MRED
Oct 14, 2022 Listing removed $396,000 MRED
Oct 14, 2022 Listed $396,000 MLS #11653137
Sep 27, 2022 Price changed $396,000 MLS #11470162
Aug 20, 2022 Price changed $410,000 MLS #11470162
Jul 26, 2022 Listed $424,000 MLS #11470162

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $94,081 $15,967 $110,048 $8,434
2023 $88,697 $15,053 $103,750 $7,918
2022 $74,200 $14,906 $89,106 $7,754
2021 $71,725 $14,409 $86,134 $6,271
2020 $71,725 $14,409 $86,134 $6,121
2019 $71,389 $14,342 $85,731 $5,946
2018 $71,571 $15,703 $87,274 $5,876
2017 $71,158 $15,612 $86,770 $5,735
2016 $67,744 $14,863 $82,607 $5,476
2015 $62,941 $13,809 $76,750 $5,297
2014 $62,941 $13,809 $76,750 $4,644
2013 $56,274 $11,350 $67,624 $4,547
2012 $57,734 $11,644 $69,378 $4,543
2011 $76,300 $12,327 $88,627 $5,747
2010 $96,078 $16,061 $112,139 $6,544
2009 $101,821 $17,021 $118,842 $6,347
2008 $102,849 $17,193 $120,042 $6,172
2007 $98,185 $16,413 $114,598 $5,866
2006 $109,669 $14,559 $124,228 $6,446

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,349 sqft
Lot size
ZIP code
60040
City
Highwood
Street
Sheridan Ave
Coordinates
42.20633, -87.81519

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,228
Gross rental yield
13.90%
Implied cap rate
9.04%
Trend-extrapolated value

Frequently asked questions

When did 242 Sheridan Ave last sell?
242 Sheridan Ave most recently sold on Nov 17, 2022 for $365,000.
What is the current tax assessment for 242 Sheridan Ave?
The most recent total assessment for 242 Sheridan Ave (year 2024) is $110,048 with $8,434 in property tax.
How does 242 Sheridan Ave's assessment compare to its last sale price?
The current assessment is 69.8% below the last sale price of $365,000.
When was 242 Sheridan Ave built?
242 Sheridan Ave was built in 1923.
How does 242 Sheridan Ave compare to others on Sheridan Ave?
We track 4 other properties on Sheridan Ave. Browse the list under "Other properties on Sheridan Ave" to compare beds, baths, and sale history.
What are the property facts for 242 Sheridan Ave?
242 Sheridan Ave is a 4 bed, 2 bath, 2,349 sqft single_family.
Is 242 Sheridan Ave a flip candidate?
No — 242 Sheridan Ave does not appear in our flips dataset.
Is 242 Sheridan Ave a tax-appeal candidate?
No — 242 Sheridan 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
+1.3%
Implied 1-yr
+5.1%
2026 Q2
$491.3K
2026 Q3
$491.3K
ZIP 60040 — Median Price History + Forecast

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