1202 Madison St
Lockport, IL 60441
4 bd 2 ba 1,800 sqft Built 1890 Lot 10,890 sqft single_family
Most recent sale
$250,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 28, 2022 | Sold | $250,000 | MLS #11479773 |
| Aug 1, 2022 | Listing removed | $259,000 | MRED |
| Aug 1, 2022 | Listed | $259,000 | MLS #11479773 |
| Jul 28, 2022 | Relisted | $259,000 | MLS #11409103 |
| Jun 12, 2022 | Listing removed | $244,900 | MRED |
| May 19, 2022 | Listed | $244,900 | MLS #11409103 |
| Aug 31, 1998 | Sold | $135,000 | Public Record |
| Nov 28, 1995 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $54,462 | $22,151 | $76,613 | $5,890 |
| 2022 | $45,608 | $18,550 | $64,158 | $5,353 |
| 2021 | $42,861 | $17,433 | $60,294 | $5,060 |
| 2020 | $41,452 | $16,860 | $58,312 | $4,924 |
| 2019 | $39,291 | $15,981 | $55,272 | $4,666 |
| 2018 | $36,323 | $14,774 | $51,097 | $4,375 |
| 2017 | $32,971 | $13,411 | $46,382 | $4,013 |
| 2016 | $30,415 | $12,372 | $42,787 | $3,750 |
| 2015 | $40,128 | $11,002 | $51,130 | $4,816 |
| 2014 | $38,585 | $10,579 | $49,164 | $4,727 |
| 2013 | $39,372 | $10,795 | $50,167 | $4,746 |
| 2012 | $48,015 | $13,165 | $61,180 | $5,415 |
| 2011 | $54,562 | $14,960 | $69,522 | $5,639 |
| 2010 | $60,624 | $15,423 | $76,047 | $5,423 |
| 2009 | $64,494 | $16,407 | $80,901 | $5,421 |
| 2008 | $64,494 | $16,407 | $80,901 | $5,381 |
| 2007 | $62,283 | $15,845 | $78,128 | $5,259 |
| 2006 | $54,322 | $14,537 | $68,859 | $5,014 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,800 sqft
Lot size
10,890 sqft
ZIP code
60441
City
Lockport
Street
Madison St
Coordinates
41.58437, -88.05267
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1202 Madison St last sell?
1202 Madison St most recently sold on Sep 28, 2022 for $250,000.
What is the current tax assessment for 1202 Madison St?
The most recent total assessment for 1202 Madison St (year 2024) is $76,613 with $5,890 in property tax.
How does 1202 Madison St's assessment compare to its last sale price?
The current assessment is 69.4% below the last sale price of $250,000.
When was 1202 Madison St built?
1202 Madison St was built in 1890.
How does 1202 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1202 Madison St?
1202 Madison St is a 4 bed, 2 bath, 1,800 sqft, 10,890 sqft lot single_family.
Is 1202 Madison St a flip candidate?
No — 1202 Madison St does not appear in our flips dataset.
Is 1202 Madison St a tax-appeal candidate?
No — 1202 Madison 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$448.1K
2026 Q4
$453.8K
ZIP 60441 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St