Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 20M+ properties All 50 states Methodology

5840 Crain Ave

Morton Grove, IL 60053

5 bd 4 ba 3,553 sqft Built 1965 Lot 5,625 sqft single_family
Most recent sale
$765,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $765,000 MRED
Feb 20, 2024 Listed $775,000 MRED
Feb 27, 2017 Listing removed $2,900 MRED
Feb 6, 2017 Listed for rent $2,900 MRED
Feb 5, 2017 Listing removed $3,200 MRED
Dec 27, 2016 Price changed (rent) $3,200 MRED
Nov 7, 2016 Listed for rent $3,600 MRED
Jul 11, 1995 Sold $229,000 Public Record
Oct 24, 1986 Sold $114,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $35,295 $7,254 $42,549 $12,289
2022 $35,295 $7,254 $42,549 $11,709
2021 $31,530 $4,464 $35,994 $11,545
2020 $31,530 $4,464 $35,994 $11,237
2019 $39,413 $4,464 $43,877 $12,285
2018 $33,718 $4,045 $37,763 $11,915
2017 $35,860 $4,045 $39,905 $12,685
2016 $35,860 $4,045 $39,905 $11,958
2015 $27,177 $3,487 $30,664 $8,432
2014 $27,177 $3,487 $30,664 $8,453
2013 $27,177 $3,487 $30,664 $8,227
2012 $27,134 $4,185 $31,319 $7,706
2011 $29,202 $4,185 $33,387 $8,142
2010 $29,202 $4,185 $33,387 $7,752
2009 $33,901 $4,464 $38,365 $6,495
2007 $36,456 $7,142 $43,598 $5,584
2006 $28,879 $5,356 $34,235 $5,894

Property facts

Year built
1965
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,553 sqft
Lot size
5,625 sqft
ZIP code
60053
City
Morton Grove
Street
Crain Ave
Coordinates
42.03937, -87.77351

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,395
Gross rental yield
10.03%
Implied cap rate
6.52%
Trend-extrapolated value

Frequently asked questions

When did 5840 Crain Ave last sell?
5840 Crain Ave most recently sold on Apr 12, 2024 for $765,000.
What is the current tax assessment for 5840 Crain Ave?
The most recent total assessment for 5840 Crain Ave (year 2023) is $42,549 with $12,289 in property tax.
How does 5840 Crain Ave's assessment compare to its last sale price?
The current assessment is 94.4% below the last sale price of $765,000.
When was 5840 Crain Ave built?
5840 Crain Ave was built in 1965.
How does 5840 Crain Ave compare to others on Crain Ave?
We do not currently track other properties on Crain Ave.
What are the property facts for 5840 Crain Ave?
5840 Crain Ave is a 5 bed, 4 bath, 3,553 sqft, 5,625 sqft lot single_family.
Is 5840 Crain Ave a flip candidate?
No — 5840 Crain Ave does not appear in our flips dataset.
Is 5840 Crain Ave a tax-appeal candidate?
No — 5840 Crain 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
+5.2%
Implied 1-yr
+20.9%
2026 Q3
$681.5K
2026 Q4
$708K
ZIP 60053 — Median Price History + Forecast

Explore nearby