516 31st Ave
Milan, IL 61264
5 bd 2 ba 1,827 sqft Built 1974 Lot 6,970 sqft single_family
Most recent sale
$143,500
Jun 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 8, 2022 | Sold | $143,500 | Public Record |
| May 13, 2022 | Sold | $143,500 | MRED |
| Apr 8, 2022 | Listed | $144,900 | MLS #QC4231848 |
| May 13, 2015 | Listing removed | $69,900 | QUADCITYREALTOR |
| May 13, 2015 | Sold | $69,900 | Public Record |
| Oct 9, 2014 | Listed | $69,900 | MLS #4155747 |
| Oct 8, 2014 | Listing removed | $74,900 | QUADCITYREALTOR |
| Jul 28, 2014 | Price changed | $74,900 | MLS #4148272 |
| May 14, 2014 | Price changed | $79,900 | MLS #4148272 |
| Dec 16, 2013 | Listed | $84,900 | MLS #4148272 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $38,530 | $6,602 | $45,132 | $3,606 |
| 2022 | $21,454 | $5,692 | $27,146 | $2,610 |
| 2021 | $20,316 | $5,390 | $25,706 | $2,593 |
| 2020 | $19,801 | $5,253 | $25,054 | $2,541 |
| 2019 | $19,605 | $5,201 | $24,806 | $2,548 |
| 2018 | $19,373 | $5,139 | $24,512 | $1,871 |
| 2017 | $19,012 | $5,043 | $24,055 | $1,698 |
| 2016 | $18,917 | $5,018 | $23,935 | $1,655 |
| 2015 | $18,817 | $4,992 | $23,809 | $2,213 |
| 2014 | $18,412 | $4,885 | $23,297 | $2,088 |
| 2013 | $24,346 | $4,885 | $29,231 | $1,616 |
| 2012 | $24,297 | $4,875 | $29,172 | $1,652 |
| 2011 | $24,920 | $5,000 | $29,920 | $1,677 |
| 2010 | $24,920 | $5,000 | $29,920 | $1,996 |
| 2009 | $23,948 | $4,902 | $28,850 | $1,893 |
| 2008 | $23,478 | $4,806 | $28,284 | $1,552 |
| 2007 | $23,246 | $4,758 | $28,004 | $1,880 |
| 2006 | $20,743 | $4,758 | $25,501 | $1,677 |
Property facts
Year built
1974
Property type
single_family
Stories
—
Beds
5
Baths
2
Living area
1,827 sqft
Lot size
6,970 sqft
ZIP code
61264
City
Milan
Street
31st Ave
Coordinates
41.42134, -90.57273
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$861
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 31st Ave last sell?
516 31st Ave most recently sold on Jun 8, 2022 for $143,500.
What is the current tax assessment for 516 31st Ave?
The most recent total assessment for 516 31st Ave (year 2024) is $45,132 with $3,606 in property tax.
How does 516 31st Ave's assessment compare to its last sale price?
The current assessment is 68.5% below the last sale price of $143,500.
When was 516 31st Ave built?
516 31st Ave was built in 1974.
How does 516 31st Ave compare to others on 31st Ave?
We track 8 other properties on 31st Ave. Browse the list under "Other properties on 31st Ave" to compare beds, baths, and sale history.
What are the property facts for 516 31st Ave?
516 31st Ave is a 5 bed, 2 bath, 1,827 sqft, 6,970 sqft lot single_family.
Is 516 31st Ave a flip candidate?
No — 516 31st Ave does not appear in our flips dataset.
Is 516 31st Ave a tax-appeal candidate?
No — 516 31st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.9%
Implied 1-yr
+19.4%
2026 Q1
$183.5K
2026 Q2
$190.3K
ZIP 61264 — Median Price History + Forecast
Explore nearby
Other properties on 31st Ave