1581 Monarch Ave
New Lenox, IL 60451
4 bd 3 ba 2,250 sqft Built 1997 Lot 10,454 sqft single_family
Most recent sale
$405,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $405,000 | MLS #11441214 |
| Jun 22, 2022 | Listed | $399,000 | MLS #11441214 |
| Jun 26, 1997 | Sold | $197,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $99,478 | $34,878 | $134,356 | $10,254 |
| 2022 | $83,539 | $29,290 | $112,829 | $8,810 |
| 2021 | $78,566 | $27,546 | $106,112 | $8,335 |
| 2020 | $75,763 | $26,563 | $102,326 | $8,524 |
| 2019 | $73,414 | $25,739 | $99,153 | $8,157 |
| 2018 | $70,883 | $24,851 | $95,734 | $7,968 |
| 2017 | $68,845 | $24,137 | $92,982 | $7,571 |
| 2016 | $67,002 | $23,491 | $90,493 | $7,348 |
| 2015 | $64,893 | $22,752 | $87,645 | $7,233 |
| 2014 | $64,092 | $22,471 | $86,563 | $7,113 |
| 2013 | $64,956 | $22,774 | $87,730 | $7,078 |
| 2012 | $68,737 | $24,099 | $92,836 | $7,011 |
| 2011 | $72,738 | $25,502 | $98,240 | $6,955 |
| 2010 | $76,566 | $26,844 | $103,410 | $6,883 |
| 2009 | $78,529 | $27,532 | $106,061 | $6,724 |
| 2008 | $78,529 | $27,532 | $106,061 | $6,550 |
| 2007 | $75,873 | $26,601 | $102,474 | $6,259 |
| 2006 | $68,975 | $24,183 | $93,158 | $5,967 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,250 sqft
Lot size
10,454 sqft
ZIP code
60451
City
New Lenox
Street
Monarch Ave
Coordinates
41.47280, -87.99562
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
$4,050
Gross rental yield
12.00%
Implied cap rate
7.80%
Trend-extrapolated value
—
Frequently asked questions
When did 1581 Monarch Ave last sell?
1581 Monarch Ave most recently sold on Jul 25, 2022 for $405,000.
What is the current tax assessment for 1581 Monarch Ave?
The most recent total assessment for 1581 Monarch Ave (year 2024) is $134,356 with $10,254 in property tax.
How does 1581 Monarch Ave's assessment compare to its last sale price?
The current assessment is 66.8% below the last sale price of $405,000.
When was 1581 Monarch Ave built?
1581 Monarch Ave was built in 1997.
How does 1581 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 1581 Monarch Ave?
1581 Monarch Ave is a 4 bed, 3 bath, 2,250 sqft, 10,454 sqft lot single_family.
Is 1581 Monarch Ave a flip candidate?
No — 1581 Monarch Ave does not appear in our flips dataset.
Is 1581 Monarch Ave a tax-appeal candidate?
No — 1581 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