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7131 86th Ave

Justice, IL 60458

5 bd 4 ba 2,400 sqft Built 1990 multi_family
Most recent sale
$395,000
Nov 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $395,000 MRED
Oct 11, 2022 Listed $410,000 MRED
Oct 19, 2011 Sold $198,500 Public Record
Oct 22, 2010 Listing removed $244,900 MRED
Sep 30, 2010 Price changed $244,900 MRED
Sep 20, 2010 Listed $249,900 MRED
Feb 4, 2009 Listing removed $330,000 MRED
Aug 27, 2008 Listed $469,000 MRED
Mar 10, 2004 Sold $330,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $31,802 $7,699 $39,501 $11,195
2022 $27,805 $5,168 $32,973 $10,626
2021 $27,805 $5,168 $32,973 $10,139
2020 $26,280 $6,695 $32,975 $9,868
2019 $29,292 $6,025 $35,317 $11,548
2018 $17,825 $6,025 $23,850 $7,065
2017 $21,518 $6,025 $27,543 $8,290
2016 $16,050 $5,356 $21,406 $6,320
2015 $19,006 $5,356 $24,362 $7,108
2014 $19,006 $5,356 $24,362 $6,985
2013 $21,630 $5,356 $26,986 $7,180
2012 $21,630 $5,356 $26,986 $6,979
2011 $21,630 $5,356 $26,986 $6,697
2010 $32,588 $5,356 $37,944 $7,722
2009 $32,588 $5,356 $37,944 $7,139
2007 $27,322 $6,427 $33,749 $4,885
2006 $27,322 $6,427 $33,749 $6,007

Property facts

Year built
1990
Property type
multi_family
Stories
Beds
5
Baths
4
Living area
2,400 sqft
Lot size
ZIP code
60458
City
Justice
Street
86th Ave
Coordinates
41.76106, -87.83373

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,320
Gross rental yield
13.12%
Implied cap rate
8.53%
Trend-extrapolated value

Frequently asked questions

When did 7131 86th Ave last sell?
7131 86th Ave most recently sold on Nov 16, 2022 for $395,000.
What is the current tax assessment for 7131 86th Ave?
The most recent total assessment for 7131 86th Ave (year 2023) is $39,501 with $11,195 in property tax.
How does 7131 86th Ave's assessment compare to its last sale price?
The current assessment is 90.0% below the last sale price of $395,000.
When was 7131 86th Ave built?
7131 86th Ave was built in 1990.
How does 7131 86th Ave compare to others on 86th Ave?
We track 8 other properties on 86th Ave. Browse the list under "Other properties on 86th Ave" to compare beds, baths, and sale history.
What are the property facts for 7131 86th Ave?
7131 86th Ave is a 5 bed, 4 bath, 2,400 sqft multi_family.
Is 7131 86th Ave a flip candidate?
No — 7131 86th Ave does not appear in our flips dataset.
Is 7131 86th Ave a tax-appeal candidate?
No — 7131 86th 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
-1.9%
Implied 1-yr
-7.6%
2026 Q3
$357.8K
2026 Q4
$357.8K
ZIP 60458 — Median Price History + Forecast

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