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1501 Grove Ave

North Chicago, IL 60064

3 bd 2 ba 2,832 sqft Built 1962 Lot 6,150 sqft single_family
Most recent sale
$155,000
Feb 7, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 7, 2024 Sold $155,000 MRED
Oct 17, 2023 Listed $165,000 MRED
Jul 8, 2004 Sold $112,500 Public Record
Sep 26, 2003 Sold $70,000 Public Record
Feb 6, 1997 Sold $99,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $67,740 $8,046 $75,786 $9,036
2023 $63,073 $7,492 $70,565 $8,348
2022 $40,560 $5,479 $46,039 $6,505
2021 $31,504 $4,268 $35,772 $5,026
2019 $23,239 $3,637 $26,876 $2,945
2018 $17,826 $3,176 $21,002 $2,582
2017 $15,771 $2,810 $18,581 $2,189
2016 $16,917 $3,392 $20,309 $2,531
2015 $15,141 $3,036 $18,177 $2,248
2014 $15,141 $3,036 $18,177 $2,602
2013 $19,184 $2,391 $21,575 $2,659
2012 $25,173 $3,138 $28,311 $2,955
2011 $31,466 $3,922 $35,388 $3,537
2010 $33,098 $3,960 $37,058 $3,210
2009 $35,014 $6,123 $41,137 $3,198
2008 $36,019 $6,299 $42,318 $3,310
2007 $34,561 $6,044 $40,605 $3,134
2006 $32,265 $5,283 $37,548 $2,738

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,832 sqft
Lot size
6,150 sqft
ZIP code
60064
City
North Chicago
Street
Grove Ave
Coordinates
42.33224, -87.85070

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1501 Grove Ave last sell?
1501 Grove Ave most recently sold on Feb 7, 2024 for $155,000.
What is the current tax assessment for 1501 Grove Ave?
The most recent total assessment for 1501 Grove Ave (year 2024) is $75,786 with $9,036 in property tax.
How does 1501 Grove Ave's assessment compare to its last sale price?
The current assessment is 51.1% below the last sale price of $155,000.
When was 1501 Grove Ave built?
1501 Grove Ave was built in 1962.
How does 1501 Grove Ave compare to others on Grove Ave?
We track 8 other properties on Grove Ave. Browse the list under "Other properties on Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 1501 Grove Ave?
1501 Grove Ave is a 3 bed, 2 bath, 2,832 sqft, 6,150 sqft lot single_family.
Is 1501 Grove Ave a flip candidate?
No — 1501 Grove Ave does not appear in our flips dataset.
Is 1501 Grove Ave a tax-appeal candidate?
No — 1501 Grove Ave 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
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$506.9K
2026 Q4
$506.9K
ZIP 60064 — Median Price History + Forecast

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