2581 198th St
Lynwood, IL 60411
3 bd 2 ba 1,280 sqft Built 1975 Lot 8,786 sqft single_family
Most recent sale
$236,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $236,000 | MLS #11355569 |
| Mar 24, 2022 | Listed | $234,900 | MLS #11355569 |
| Aug 20, 2014 | Sold | $135,000 | Public Record |
| Jul 14, 2014 | Sold | $135,000 | MLS #08592399 |
| Apr 22, 2014 | Listed | $130,000 | MLS #08592399 |
| Jan 16, 2014 | Sold | $53,009 | MLS #08425198 |
| Dec 12, 2013 | Relisted | $55,000 | MLS #08425198 |
| Aug 26, 2013 | Listing removed | $55,000 | MRED |
| Aug 20, 2013 | Listed | $55,000 | MLS #08425198 |
| Sep 3, 1997 | Sold | $118,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $13,652 | $4,831 | $18,483 | $5,290 |
| 2022 | $6,714 | $4,172 | $10,886 | $3,590 |
| 2019 | $9,427 | $3,733 | $13,160 | $4,307 |
| 2018 | $9,427 | $3,733 | $13,160 | $4,160 |
| 2017 | $9,427 | $3,733 | $13,160 | $4,205 |
| 2016 | $7,765 | $3,294 | $11,059 | $4,767 |
| 2015 | $7,765 | $3,294 | $11,059 | $4,668 |
| 2014 | $7,765 | $3,294 | $11,059 | $3,561 |
| 2013 | $10,961 | $3,294 | $14,255 | $4,450 |
| 2012 | $10,961 | $3,294 | $14,255 | $4,434 |
| 2011 | $10,961 | $3,294 | $14,255 | $4,281 |
| 2010 | $12,776 | $3,294 | $16,070 | $3,930 |
| 2009 | $12,776 | $3,294 | $16,070 | $3,546 |
| 2008 | $11,646 | $5,270 | $16,916 | $3,171 |
| 2007 | $9,156 | $4,919 | $14,075 | $3,118 |
| 2006 | $9,156 | $4,919 | $14,075 | $2,935 |
Property facts
Year built
1975
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
8,786 sqft
ZIP code
60411
City
Lynwood
Street
198th St
Coordinates
41.53555, -87.55411
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,304
Gross rental yield
11.72%
Implied cap rate
7.61%
Trend-extrapolated value
—
Frequently asked questions
When did 2581 198th St last sell?
2581 198th St most recently sold on May 26, 2022 for $236,000.
What is the current tax assessment for 2581 198th St?
The most recent total assessment for 2581 198th St (year 2023) is $18,483 with $5,290 in property tax.
How does 2581 198th St's assessment compare to its last sale price?
The current assessment is 92.2% below the last sale price of $236,000.
When was 2581 198th St built?
2581 198th St was built in 1975.
How does 2581 198th St compare to others on 198th St?
We track 8 other properties on 198th St. Browse the list under "Other properties on 198th St" to compare beds, baths, and sale history.
What are the property facts for 2581 198th St?
2581 198th St is a 3 bed, 2 bath, 1,280 sqft, 8,786 sqft lot single_family.
Is 2581 198th St a flip candidate?
No — 2581 198th St does not appear in our flips dataset.
Is 2581 198th St a tax-appeal candidate?
No — 2581 198th 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
+4.3%
Implied 1-yr
+17.2%
2026 Q3
$264.2K
2026 Q4
$273.1K
ZIP 60411 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 198th St