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1624 116th Ave

Milan, IL 61264

2 bd 1 ba 860 sqft Built 1955 Lot 10,890 sqft single_family
Most recent sale
$100,800
Nov 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $100,800 Public Record
Nov 10, 2022 Sold $100,880 MRED
Sep 3, 2013 Sold $45,000 Public Record
Aug 30, 2013 Sold $45,000 MRED
Jul 15, 2013 Listing removed $55,000 QUADCITYREALTOR
Jan 24, 2013 Listed $55,000 QUADCITYREALTOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $25,611 $8,206 $33,817 $2,502
2022 $21,434 $6,868 $28,302 $2,208
2021 $20,221 $6,479 $26,700 $2,082
2020 $19,387 $6,212 $25,599 $2,014
2019 $18,290 $5,860 $24,150 $1,946
2018 $18,290 $5,860 $24,150 $1,895
2017 $17,861 $5,723 $23,584 $1,855
2016 $17,174 $5,503 $22,677 $1,820
2015 $16,674 $5,343 $22,017 $1,770
2014 $16,674 $5,343 $22,017 $1,727
2013 $16,674 $5,343 $22,017 $846
2012 $16,622 $5,326 $21,948 $903
2011 $16,622 $5,326 $21,948 $898
2010 $23,087 $5,326 $28,413 $1,334
2009 $22,120 $5,103 $27,223 $1,255
2008 $20,673 $4,769 $25,442 $1,175
2007 $19,878 $4,586 $24,464 $1,067
2006 $18,753 $4,326 $23,079 $1,049

Property facts

Year built
1955
Property type
single_family
Stories
Beds
2
Baths
1
Living area
860 sqft
Lot size
10,890 sqft
ZIP code
61264
City
Milan
Street
116th Ave
Coordinates
41.40329, -90.56157

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$605
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1624 116th Ave last sell?
1624 116th Ave most recently sold on Nov 16, 2022 for $100,800.
What is the current tax assessment for 1624 116th Ave?
The most recent total assessment for 1624 116th Ave (year 2024) is $33,817 with $2,502 in property tax.
How does 1624 116th Ave's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $100,800.
When was 1624 116th Ave built?
1624 116th Ave was built in 1955.
How does 1624 116th Ave compare to others on 116th Ave?
We track 8 other properties on 116th Ave. Browse the list under "Other properties on 116th Ave" to compare beds, baths, and sale history.
What are the property facts for 1624 116th Ave?
1624 116th Ave is a 2 bed, 1 bath, 860 sqft, 10,890 sqft lot single_family.
Is 1624 116th Ave a flip candidate?
No — 1624 116th Ave does not appear in our flips dataset.
Is 1624 116th Ave a tax-appeal candidate?
No — 1624 116th 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
+4.9%
Implied 1-yr
+19.4%
2026 Q1
$183.5K
2026 Q2
$190.3K
ZIP 61264 — Median Price History + Forecast

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