1561 Monarch Ave
New Lenox, IL 60451
5 bd 3 ba 2,200 sqft Built 1999 Lot 11,326 sqft single_family
Most recent sale
$420,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $420,000 | MLS #11485703 |
| Aug 7, 2022 | Listing removed | $424,900 | MRED |
| Aug 7, 2022 | Listed | $419,900 | MLS #11485703 |
| Jul 27, 2022 | Listing removed | $424,900 | MRED |
| Jul 27, 2022 | Listed | $424,900 | MLS #11475662 |
| Jul 19, 2022 | Price changed | $424,900 | MLS #11454509 |
| Jul 5, 2022 | Listed | $429,900 | MLS #11454509 |
| Aug 19, 2014 | Listing removed | $338,000 | MRED |
| Aug 7, 2014 | Price changed | $338,000 | MLS #08654117 |
| Jun 24, 2014 | Listed | $343,000 | MLS #08654117 |
| Mar 1, 2001 | Sold | $256,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $114,505 | $34,878 | $149,383 | $11,473 |
| 2022 | $96,158 | $29,290 | $125,448 | $10,335 |
| 2021 | $90,434 | $27,546 | $117,980 | $9,814 |
| 2020 | $87,207 | $26,563 | $113,770 | $9,608 |
| 2019 | $84,503 | $25,739 | $110,242 | $9,128 |
| 2018 | $81,590 | $24,851 | $106,441 | $8,919 |
| 2017 | $79,244 | $24,137 | $103,381 | $8,476 |
| 2016 | $77,123 | $23,491 | $100,614 | $8,229 |
| 2015 | $74,695 | $22,752 | $97,447 | $8,101 |
| 2014 | $73,773 | $22,471 | $96,244 | $7,968 |
| 2013 | $74,767 | $22,774 | $97,541 | $7,928 |
| 2012 | $79,118 | $24,099 | $103,217 | $7,849 |
| 2011 | $83,723 | $25,502 | $109,225 | $7,784 |
| 2010 | $88,129 | $26,844 | $114,973 | $7,700 |
| 2009 | $90,389 | $27,532 | $117,921 | $7,521 |
| 2008 | $90,389 | $27,532 | $117,921 | $7,323 |
| 2007 | $87,332 | $26,601 | $113,933 | $6,995 |
| 2006 | $79,393 | $24,183 | $103,576 | $6,673 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,200 sqft
Lot size
11,326 sqft
ZIP code
60451
City
New Lenox
Street
Monarch Ave
Coordinates
41.47275, -87.99532
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
$3,960
Gross rental yield
11.31%
Implied cap rate
7.35%
Trend-extrapolated value
—
Frequently asked questions
When did 1561 Monarch Ave last sell?
1561 Monarch Ave most recently sold on Sep 30, 2022 for $420,000.
What is the current tax assessment for 1561 Monarch Ave?
The most recent total assessment for 1561 Monarch Ave (year 2024) is $149,383 with $11,473 in property tax.
How does 1561 Monarch Ave's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $420,000.
When was 1561 Monarch Ave built?
1561 Monarch Ave was built in 1999.
How does 1561 Monarch Ave compare to others on Monarch Ave?
We track 8 other properties on Monarch Ave. Browse the list under "Other properties on Monarch Ave" to compare beds, baths, and sale history.
What are the property facts for 1561 Monarch Ave?
1561 Monarch Ave is a 5 bed, 3 bath, 2,200 sqft, 11,326 sqft lot single_family.
Is 1561 Monarch Ave a flip candidate?
No — 1561 Monarch Ave does not appear in our flips dataset.
Is 1561 Monarch Ave a tax-appeal candidate?
No — 1561 Monarch 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
+3.4%
Implied 1-yr
+13.6%
2026 Q3
$541.3K
2026 Q4
$556.4K
ZIP 60451 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Monarch Ave