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2607 116th Ave

Milan, IL 61264

6 bd 2,100 sqft Built 1972 Lot 15,358 sqft single_family
Most recent sale
$209,500
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $209,500 Public Record
Jul 7, 2022 Sold $209,500 MRED
Jun 6, 2022 Listed $204,900 MLS #QC4233823
Nov 9, 2021 Sold $200,000 Public Record
Nov 1, 2021 Sold $200,000 MRED
Oct 7, 2004 Sold $135,000 Public Record
Oct 6, 2004 Sold $135,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $61,995 $10,307 $72,302 $4,823
2022 $56,035 $9,316 $65,351 $4,443
2021 $52,863 $8,789 $61,652 $4,339
2020 $50,684 $8,427 $59,111 $4,151
2019 $47,815 $7,950 $55,765 $3,942
2018 $47,815 $7,950 $55,765 $3,878
2017 $46,694 $7,764 $54,458 $3,744
2016 $44,898 $7,465 $52,363 $3,601
2015 $43,590 $7,248 $50,838 $3,471
2014 $43,590 $7,248 $50,838 $3,295
2013 $43,590 $7,248 $50,838 $3,095
2012 $43,455 $7,226 $50,681 $3,027
2011 $43,455 $7,226 $50,681 $3,014
2010 $46,423 $7,226 $53,649 $3,030
2009 $44,479 $6,923 $51,402 $2,924
2008 $41,569 $6,470 $48,039 $2,764
2007 $39,970 $6,221 $46,191 $2,656
2006 $37,708 $5,869 $43,577 $2,537

Property facts

Year built
1972
Property type
single_family
Stories
Beds
6
Baths
Living area
2,100 sqft
Lot size
15,358 sqft
ZIP code
61264
City
Milan
Street
116th Ave
Coordinates
41.40475, -90.60393

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,257
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2607 116th Ave last sell?
2607 116th Ave most recently sold on Aug 9, 2022 for $209,500.
What is the current tax assessment for 2607 116th Ave?
The most recent total assessment for 2607 116th Ave (year 2024) is $72,302 with $4,823 in property tax.
How does 2607 116th Ave's assessment compare to its last sale price?
The current assessment is 65.5% below the last sale price of $209,500.
When was 2607 116th Ave built?
2607 116th Ave was built in 1972.
How does 2607 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 2607 116th Ave?
2607 116th Ave is a 6 bed, 2,100 sqft, 15,358 sqft lot single_family.
Is 2607 116th Ave a flip candidate?
No — 2607 116th Ave does not appear in our flips dataset.
Is 2607 116th Ave a tax-appeal candidate?
No — 2607 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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