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7316 78th Ave

Milan, IL 61264

3 bd 2 ba 1,922 sqft Built 1960 Lot 31,189 sqft single_family
Most recent sale
$198,500
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $198,500 Public Record
Jul 26, 2022 Listed $197,500 MLS #QC4235478

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $58,985 $6,534 $65,519 $4,447
2022 $48,580 $5,381 $53,961 $3,125
2021 $46,047 $5,100 $51,147 $3,105
2020 $44,106 $4,885 $48,991 $2,958
2019 $42,697 $4,729 $47,426 $2,836
2018 $42,697 $4,729 $47,426 $2,777
2017 $41,174 $4,560 $45,734 $2,628
2016 $41,174 $4,560 $45,734 $2,646
2015 $41,174 $4,560 $45,734 $2,637
2014 $41,174 $4,560 $45,734 $2,493
2013 $41,590 $4,606 $46,196 $2,373
2012 $41,000 $4,541 $45,541 $2,346
2011 $41,000 $4,541 $45,541 $2,340
2010 $43,735 $4,541 $48,276 $2,411
2009 $42,313 $4,393 $46,706 $2,302
2008 $40,298 $4,184 $44,482 $2,192
2007 $38,748 $4,023 $42,771 $2,145
2006 $36,903 $3,831 $40,734 $2,060

Property facts

Year built
1960
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,922 sqft
Lot size
31,189 sqft
ZIP code
61264
City
Milan
Street
78th Ave
Coordinates
41.44417, -90.67187

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,191
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7316 78th Ave last sell?
7316 78th Ave most recently sold on Oct 11, 2022 for $198,500.
What is the current tax assessment for 7316 78th Ave?
The most recent total assessment for 7316 78th Ave (year 2024) is $65,519 with $4,447 in property tax.
How does 7316 78th Ave's assessment compare to its last sale price?
The current assessment is 67.0% below the last sale price of $198,500.
When was 7316 78th Ave built?
7316 78th Ave was built in 1960.
How does 7316 78th Ave compare to others on 78th Ave?
We track 8 other properties on 78th Ave. Browse the list under "Other properties on 78th Ave" to compare beds, baths, and sale history.
What are the property facts for 7316 78th Ave?
7316 78th Ave is a 3 bed, 2 bath, 1,922 sqft, 31,189 sqft lot single_family.
Is 7316 78th Ave a flip candidate?
No — 7316 78th Ave does not appear in our flips dataset.
Is 7316 78th Ave a tax-appeal candidate?
No — 7316 78th 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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