8048 Octavia Ave
Niles, IL 60714
3 bd 2 ba 1,173 sqft Built 1953 Lot 5,580 sqft single_family
Most recent sale
$390,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2022 | Sold | $390,000 | MLS #11244617 |
| Feb 10, 2022 | Relisted | $394,500 | MLS #11244617 |
| Feb 2, 2022 | Listing removed | $394,500 | MRED |
| Oct 22, 2021 | Price changed | $394,500 | MLS #11244617 |
| Oct 12, 2021 | Listed | $409,000 | MLS #11244617 |
| Dec 3, 2010 | Sold | $257,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $9,087 | $2,046 | $11,133 | $2,868 |
| 2022 | $9,087 | $2,046 | $11,133 | $2,445 |
| 2021 | $6,719 | $1,441 | $8,160 | $2,077 |
| 2020 | $6,719 | $1,441 | $8,160 | $1,983 |
| 2019 | $7,610 | $1,441 | $9,051 | $1,933 |
| 2018 | $5,427 | $1,255 | $6,682 | $1,507 |
| 2017 | $6,476 | $1,255 | $7,731 | $1,774 |
| 2016 | $7,676 | $1,255 | $8,931 | $2,016 |
| 2015 | $6,650 | $1,069 | $7,719 | $1,865 |
| 2014 | $6,650 | $1,069 | $7,719 | $1,803 |
| 2013 | $6,650 | $1,069 | $7,719 | $1,766 |
| 2012 | $7,965 | $1,255 | $9,220 | $1,887 |
| 2011 | $7,965 | $1,255 | $9,220 | $1,833 |
| 2010 | $7,965 | $1,255 | $9,220 | $628 |
| 2009 | $8,645 | $1,255 | $9,900 | $573 |
| 2008 | $9,300 | $2,008 | $11,308 | $569 |
| 2007 | $9,300 | $2,008 | $11,308 | $1,173 |
| 2006 | $7,412 | $1,785 | $9,197 | $684 |
Property facts
Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,173 sqft
Lot size
5,580 sqft
ZIP code
60714
City
Niles
Street
Octavia Ave
Coordinates
42.02769, -87.80924
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,111
Gross rental yield
6.50%
Implied cap rate
4.22%
Trend-extrapolated value
—
Frequently asked questions
When did 8048 Octavia Ave last sell?
8048 Octavia Ave most recently sold on Mar 11, 2022 for $390,000.
What is the current tax assessment for 8048 Octavia Ave?
The most recent total assessment for 8048 Octavia Ave (year 2023) is $11,133 with $2,868 in property tax.
How does 8048 Octavia Ave's assessment compare to its last sale price?
The current assessment is 97.1% below the last sale price of $390,000.
When was 8048 Octavia Ave built?
8048 Octavia Ave was built in 1953.
How does 8048 Octavia Ave compare to others on Octavia Ave?
We track 8 other properties on Octavia Ave. Browse the list under "Other properties on Octavia Ave" to compare beds, baths, and sale history.
What are the property facts for 8048 Octavia Ave?
8048 Octavia Ave is a 3 bed, 2 bath, 1,173 sqft, 5,580 sqft lot single_family.
Is 8048 Octavia Ave a flip candidate?
No — 8048 Octavia Ave does not appear in our flips dataset.
Is 8048 Octavia Ave a tax-appeal candidate?
No — 8048 Octavia 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
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$446.3K
2026 Q4
$455.5K
ZIP 60714 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Octavia Ave