7561 Monroe St
Niles, IL 60714
4 bd 2 ba 2,271 sqft Built 1955 Lot 6,970 sqft multi_family
Most recent sale
$420,000
Jul 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 6, 2022 | Sold | $420,000 | MLS #11333976 |
| Mar 11, 2022 | Price changed | $425,000 | MLS #11333976 |
| Feb 27, 2022 | Listed | $439,900 | MLS #11333976 |
| Jul 21, 2000 | Sold | $276,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $34,316 | $7,683 | $41,999 | $10,821 |
| 2022 | $34,316 | $7,683 | $41,999 | $8,673 |
| 2021 | $25,281 | $5,413 | $30,694 | $5,480 |
| 2020 | $25,281 | $5,413 | $30,694 | $4,827 |
| 2019 | $29,868 | $5,413 | $35,281 | $4,686 |
| 2018 | $30,954 | $4,714 | $35,668 | $5,196 |
| 2017 | $30,954 | $4,714 | $35,668 | $5,054 |
| 2016 | $30,954 | $4,714 | $35,668 | $5,512 |
| 2015 | $23,982 | $4,016 | $27,998 | $6,321 |
| 2014 | $28,219 | $4,016 | $32,235 | $7,028 |
| 2013 | $28,219 | $4,016 | $32,235 | $6,396 |
| 2012 | $36,614 | $4,714 | $41,328 | $8,092 |
| 2011 | $36,614 | $4,714 | $41,328 | $7,933 |
| 2010 | $36,614 | $4,714 | $41,328 | $7,520 |
| 2009 | $34,358 | $4,714 | $39,072 | $6,617 |
| 2008 | $36,857 | $7,543 | $44,400 | $6,158 |
| 2007 | $41,900 | $7,543 | $49,443 | $6,284 |
| 2006 | $29,023 | $7,823 | $36,846 | $5,696 |
Property facts
Year built
1955
Property type
multi_family
Stories
—
Beds
4
Baths
2
Living area
2,271 sqft
Lot size
6,970 sqft
ZIP code
60714
City
Niles
Street
Monroe St
Coordinates
42.02939, -87.81614
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,088
Gross rental yield
11.68%
Implied cap rate
7.59%
Trend-extrapolated value
—
Frequently asked questions
When did 7561 Monroe St last sell?
7561 Monroe St most recently sold on Jul 6, 2022 for $420,000.
What is the current tax assessment for 7561 Monroe St?
The most recent total assessment for 7561 Monroe St (year 2023) is $41,999 with $10,821 in property tax.
How does 7561 Monroe St's assessment compare to its last sale price?
The current assessment is 90.0% below the last sale price of $420,000.
When was 7561 Monroe St built?
7561 Monroe St was built in 1955.
How does 7561 Monroe St compare to others on Monroe St?
We track 8 other properties on Monroe St. Browse the list under "Other properties on Monroe St" to compare beds, baths, and sale history.
What are the property facts for 7561 Monroe St?
7561 Monroe St is a 4 bed, 2 bath, 2,271 sqft, 6,970 sqft lot multi_family.
Is 7561 Monroe St a flip candidate?
No — 7561 Monroe St does not appear in our flips dataset.
Is 7561 Monroe St a tax-appeal candidate?
No — 7561 Monroe St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$446.3K
2026 Q4
$455.5K
ZIP 60714 — Median Price History + Forecast
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