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1324 Madison St

Lockport, IL 60441

2 bd 1 ba 720 sqft Built 1951 Lot 4,792 sqft single_family
Most recent sale
$177,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $177,000 Public Record
May 25, 2022 Listed $179,900 MLS #11356785
May 24, 2022 Sold $177,000 MLS #11356785
Mar 25, 2022 Listed $179,900 MLS #11356785
Jul 29, 2013 Sold $86,000 MLS #08382366
Jun 30, 2013 Listed $86,900 MLS #08382366
May 31, 1991 Sold $65,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $34,797 $18,364 $53,161 $3,877
2022 $29,140 $15,378 $44,518 $3,545
2021 $27,385 $14,452 $41,837 $3,340
2020 $26,485 $13,977 $40,462 $3,244
2019 $25,104 $13,248 $38,352 $3,063
2018 $23,208 $12,248 $35,456 $2,857
2017 $21,066 $11,117 $32,183 $2,601
2016 $19,433 $10,255 $29,688 $2,414
2015 $22,246 $9,119 $31,365 $2,706
2014 $21,390 $8,768 $30,158 $2,645
2013 $21,827 $8,947 $30,774 $2,662
2012 $26,618 $10,911 $37,529 $3,094
2011 $30,248 $12,399 $42,647 $3,253
2010 $33,609 $12,782 $46,391 $3,270
2009 $35,754 $13,598 $49,352 $3,271
2008 $35,754 $13,598 $49,352 $3,262
2007 $34,528 $13,132 $47,660 $3,202
2006 $31,677 $12,048 $43,725 $3,040

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
4,792 sqft
ZIP code
60441
City
Lockport
Street
Madison St
Coordinates
41.58272, -88.05351

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,296
Gross rental yield
8.79%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 1324 Madison St last sell?
1324 Madison St most recently sold on May 31, 2022 for $177,000.
What is the current tax assessment for 1324 Madison St?
The most recent total assessment for 1324 Madison St (year 2024) is $53,161 with $3,877 in property tax.
How does 1324 Madison St's assessment compare to its last sale price?
The current assessment is 70.0% below the last sale price of $177,000.
When was 1324 Madison St built?
1324 Madison St was built in 1951.
How does 1324 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 1324 Madison St?
1324 Madison St is a 2 bed, 1 bath, 720 sqft, 4,792 sqft lot single_family.
Is 1324 Madison St a flip candidate?
No — 1324 Madison St does not appear in our flips dataset.
Is 1324 Madison St a tax-appeal candidate?
No — 1324 Madison 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$448.1K
2026 Q4
$453.8K
ZIP 60441 — Median Price History + Forecast

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