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540 Fairfield Ave

Lombard, IL 60148

2 bd 2 ba 1,115 sqft Built 1953 Lot 7,227 sqft single_family
Most recent sale
$360,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $360,000 MLS #11383679
Apr 22, 2016 Sold $193,500 MLS #09089694
Nov 19, 2015 Listed $209,000 MLS #09089694

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $69,977 $22,417 $92,394 $6,214
2022 $62,200 $19,930 $82,130 $5,748
2021 $60,650 $19,430 $80,080 $5,549
2020 $59,320 $19,000 $78,320 $5,431
2019 $56,400 $18,060 $74,460 $5,107
2018 $50,960 $19,940 $70,900 $5,088
2017 $48,560 $19,000 $67,560 $4,956
2016 $45,750 $17,900 $63,650 $4,884
2015 $51,530 $16,690 $68,220 $4,735
2014 $44,560 $20,780 $65,340 $4,761
2013 $45,190 $21,070 $66,260 $4,696
2012 $48,160 $22,450 $70,610 $4,708
2011 $43,420 $33,250 $76,670 $4,483
2010 $51,870 $35,280 $87,150 $4,636
2009 $55,650 $37,850 $93,500 $4,178
2008 $55,650 $37,850 $93,500 $4,497
2007 $51,150 $34,790 $85,940 $4,232
2006 $47,110 $32,040 $79,150 $3,922

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,115 sqft
Lot size
7,227 sqft
ZIP code
60148
City
Lombard
Street
Fairfield Ave
Coordinates
41.87705, -88.00616

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,007
Gross rental yield
6.69%
Implied cap rate
4.35%
Trend-extrapolated value

Frequently asked questions

When did 540 Fairfield Ave last sell?
540 Fairfield Ave most recently sold on May 27, 2022 for $360,000.
What is the current tax assessment for 540 Fairfield Ave?
The most recent total assessment for 540 Fairfield Ave (year 2024) is $92,394 with $6,214 in property tax.
How does 540 Fairfield Ave's assessment compare to its last sale price?
The current assessment is 74.3% below the last sale price of $360,000.
When was 540 Fairfield Ave built?
540 Fairfield Ave was built in 1953.
How does 540 Fairfield Ave compare to others on Fairfield Ave?
We track 8 other properties on Fairfield Ave. Browse the list under "Other properties on Fairfield Ave" to compare beds, baths, and sale history.
What are the property facts for 540 Fairfield Ave?
540 Fairfield Ave is a 2 bed, 2 bath, 1,115 sqft, 7,227 sqft lot single_family.
Is 540 Fairfield Ave a flip candidate?
No — 540 Fairfield Ave does not appear in our flips dataset.
Is 540 Fairfield Ave a tax-appeal candidate?
No — 540 Fairfield 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
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$337.5K
2026 Q4
$335.9K
ZIP 60148 — Median Price History + Forecast

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