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507 Owen St

Mount Prospect, IL 60056

3 bd 3 ba 2,388 sqft Built 1961 single_family
Most recent sale
$470,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $470,000 MLS #11615004
Aug 26, 2022 Listed $470,000 MLS #11615004

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $37,552 $8,448 $46,000 $12,813
2022 $37,552 $8,448 $46,000 $10,671
2021 $29,157 $5,491 $34,648 $8,928
2020 $29,157 $5,491 $34,648 $10,572
2019 $33,007 $5,491 $38,498 $10,558
2018 $27,254 $4,646 $31,900 $9,759
2017 $32,055 $4,646 $36,701 $9,395
2016 $33,094 $4,646 $37,740 $8,889
2015 $26,873 $3,801 $30,674 $7,609
2014 $28,876 $3,801 $32,677 $8,079
2013 $28,876 $3,801 $32,677 $8,042
2012 $29,611 $4,435 $34,046 $7,668
2011 $29,611 $4,435 $34,046 $7,509
2010 $34,815 $4,435 $39,250 $7,111
2009 $40,308 $4,646 $44,954 $5,915
2008 $40,904 $7,434 $48,338 $5,472
2007 $40,904 $7,434 $48,338 $5,291
2006 $25,807 $6,420 $32,227 $5,576

Property facts

Year built
1961
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,388 sqft
Lot size
ZIP code
60056
City
Mount Prospect
Street
Owen St
Coordinates
42.05655, -87.92950

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,298
Gross rental yield
10.97%
Implied cap rate
7.13%
Trend-extrapolated value

Frequently asked questions

When did 507 Owen St last sell?
507 Owen St most recently sold on Sep 23, 2022 for $470,000.
What is the current tax assessment for 507 Owen St?
The most recent total assessment for 507 Owen St (year 2023) is $46,000 with $12,813 in property tax.
How does 507 Owen St's assessment compare to its last sale price?
The current assessment is 90.2% below the last sale price of $470,000.
When was 507 Owen St built?
507 Owen St was built in 1961.
How does 507 Owen St compare to others on Owen St?
We track 8 other properties on Owen St. Browse the list under "Other properties on Owen St" to compare beds, baths, and sale history.
What are the property facts for 507 Owen St?
507 Owen St is a 3 bed, 3 bath, 2,388 sqft single_family.
Is 507 Owen St a flip candidate?
No — 507 Owen St does not appear in our flips dataset.
Is 507 Owen St a tax-appeal candidate?
No — 507 Owen St 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
+2.7%
Implied 1-yr
+10.7%
2026 Q3
$471.8K
2026 Q4
$482.5K
ZIP 60056 — Median Price History + Forecast

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