7424 Terrace Dr
Justice, IL 60458
2 bd 3 ba 1,500 sqft Built 1997 townhomes
Most recent sale
$200,000
Dec 6, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 6, 2021 | Sold | $200,000 | MLS #11218427 |
| Oct 7, 2014 | Sold | $145,000 | Public Record |
| Jul 19, 2006 | Sold | $235,000 | Public Record |
| Jul 7, 2003 | Sold | $182,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $18,457 | $2,095 | $20,552 | $5,332 |
| 2022 | $15,054 | $2,095 | $17,149 | $6,166 |
| 2021 | $15,054 | $2,095 | $17,149 | $4,726 |
| 2020 | $15,054 | $2,095 | $17,149 | $4,640 |
| 2019 | $12,793 | $1,913 | $14,706 | $4,084 |
| 2018 | $12,793 | $1,913 | $14,706 | $3,900 |
| 2017 | $12,793 | $1,913 | $14,706 | $3,886 |
| 2016 | $10,727 | $1,639 | $12,366 | $3,298 |
| 2015 | $10,727 | $1,639 | $12,366 | $3,185 |
| 2014 | $11,360 | $1,639 | $12,999 | $3,343 |
| 2013 | $12,770 | $1,639 | $14,409 | $3,472 |
| 2012 | $12,770 | $1,639 | $14,409 | $3,395 |
| 2011 | $12,770 | $1,639 | $14,409 | $3,865 |
| 2010 | $15,980 | $1,639 | $17,619 | $4,267 |
| 2009 | $19,936 | $1,639 | $21,575 | $5,095 |
| 2007 | $14,668 | $2,332 | $17,000 | $3,682 |
| 2006 | $14,668 | $2,332 | $17,000 | $3,736 |
Property facts
Year built
1997
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,500 sqft
Lot size
—
ZIP code
60458
City
Justice
Street
Terrace Dr
Coordinates
41.75865, -87.83081
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7424 Terrace Dr last sell?
7424 Terrace Dr most recently sold on Dec 6, 2021 for $200,000.
What is the current tax assessment for 7424 Terrace Dr?
The most recent total assessment for 7424 Terrace Dr (year 2023) is $20,552 with $5,332 in property tax.
How does 7424 Terrace Dr's assessment compare to its last sale price?
The current assessment is 89.7% below the last sale price of $200,000.
When was 7424 Terrace Dr built?
7424 Terrace Dr was built in 1997.
How does 7424 Terrace Dr compare to others on Terrace Dr?
We track 3 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 7424 Terrace Dr?
7424 Terrace Dr is a 2 bed, 3 bath, 1,500 sqft townhomes.
Is 7424 Terrace Dr a flip candidate?
No — 7424 Terrace Dr does not appear in our flips dataset.
Is 7424 Terrace Dr a tax-appeal candidate?
No — 7424 Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.6%
2026 Q3
$357.8K
2026 Q4
$357.8K
ZIP 60458 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr