1940 Prospect Ave
North Chicago, IL 60064
3 bd 2 ba 1,125 sqft Built 1935 Lot 16,988 sqft single_family
Most recent sale
$75,000
Jun 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2022 | Sold | $75,000 | MLS #11364026 |
| Apr 2, 2022 | Listed | $109,900 | MLS #11364026 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $30,308 | $11,508 | $41,816 | $4,616 |
| 2023 | $26,546 | $10,080 | $36,626 | $4,516 |
| 2021 | $20,521 | $3,205 | $23,726 | $3,272 |
| 2020 | $20,634 | $3,223 | $23,857 | $3,189 |
| 2019 | $20,255 | $3,164 | $23,419 | $3,218 |
| 2018 | $10,248 | $2,427 | $12,675 | $2,138 |
| 2017 | $10,077 | $2,386 | $12,463 | $2,103 |
| 2016 | $9,592 | $2,271 | $11,863 | $2,046 |
| 2015 | $9,032 | $2,138 | $11,170 | $2,007 |
| 2014 | $9,032 | $2,138 | $11,170 | $3,354 |
| 2013 | $17,963 | $2,742 | $20,705 | $3,099 |
| 2012 | $22,117 | $2,870 | $24,987 | $3,189 |
| 2011 | $23,539 | $3,055 | $26,594 | $3,092 |
| 2010 | $26,695 | $3,523 | $30,218 | $3,019 |
| 2009 | $29,153 | $3,847 | $33,000 | $2,919 |
| 2008 | $29,736 | $3,924 | $33,660 | $2,946 |
| 2007 | $28,937 | $3,819 | $32,756 | $2,805 |
| 2006 | $25,615 | $3,490 | $29,105 | $2,378 |
Property facts
Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,125 sqft
Lot size
16,988 sqft
ZIP code
60064
City
North Chicago
Street
Prospect Ave
Coordinates
42.32357, -87.86496
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
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1940 Prospect Ave last sell?
1940 Prospect Ave most recently sold on Jun 7, 2022 for $75,000.
What is the current tax assessment for 1940 Prospect Ave?
The most recent total assessment for 1940 Prospect Ave (year 2024) is $41,816 with $4,616 in property tax.
How does 1940 Prospect Ave's assessment compare to its last sale price?
The current assessment is 44.2% below the last sale price of $75,000.
When was 1940 Prospect Ave built?
1940 Prospect Ave was built in 1935.
How does 1940 Prospect Ave compare to others on Prospect Ave?
We track 8 other properties on Prospect Ave. Browse the list under "Other properties on Prospect Ave" to compare beds, baths, and sale history.
What are the property facts for 1940 Prospect Ave?
1940 Prospect Ave is a 3 bed, 2 bath, 1,125 sqft, 16,988 sqft lot single_family.
Is 1940 Prospect Ave a flip candidate?
No — 1940 Prospect Ave does not appear in our flips dataset.
Is 1940 Prospect Ave a tax-appeal candidate?
No — 1940 Prospect 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
+7.6%
Implied 1-yr
+30.4%
2026 Q3
$506.9K
2026 Q4
$506.9K
ZIP 60064 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect Ave