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1040 Erie St

Oak Park, IL 60302

3 bd 2 ba 1,350 sqft Built 1971 condos
Most recent sale
$275,000
Apr 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 6, 2022 Sold $275,000 MLS #11292772
Mar 29, 2022 Listing removed $269,000 MRED
Feb 28, 2018 Sold $235,000 MLS #09827559
Jan 6, 2018 Listed $258,800 MLS #09827559
May 29, 2015 Sold $222,500 MLS #08825707
Jan 28, 2015 Listed $239,000 MLS #08825707
Dec 29, 2014 Listing removed $245,000 MRED
Jun 30, 2014 Listed $245,000 MLS #08659353
Jun 16, 2014 Listing removed $239,000 MRED
Apr 28, 2014 Price changed $239,000 MLS #08502251
Apr 16, 2014 Price changed $247,000 MLS #08502251
Apr 3, 2014 Price changed $255,000 MLS #08502251
Dec 12, 2013 Listed $265,000 MLS #08502251
Nov 18, 2013 Listing removed $245,000 MRED
Oct 27, 2013 Price changed $245,000 MLS #08355129
Oct 13, 2013 Price changed $235,000 MLS #08355129
Sep 5, 2013 Price changed $225,000 MLS #08355129
Jun 11, 2013 Price changed $245,000 MLS #08355129
May 30, 2013 Listed $250,000 MLS #08355129
May 23, 2013 Listing removed $250,000 MRED
Apr 8, 2013 Price changed $250,000 MLS #08263683
Apr 1, 2013 Price changed $255,000 MLS #08263683
Mar 1, 2013 Price changed $265,000 MLS #08263683
Feb 4, 2013 Listed $275,000 MLS #08263683
Jul 3, 2007 Sold $260,000 Public Record
Jun 18, 2007 Sold $260,000 MRED
Jun 22, 1979 Sold $87,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $23,026 $1,216 $24,242 $5,957
2022 $19,982 $1,303 $21,285 $5,809
2021 $19,982 $1,303 $21,285 $5,721
2020 $19,982 $1,303 $21,285 $5,731
2019 $17,222 $1,194 $18,416 $4,697
2018 $17,222 $1,194 $18,416 $5,532
2017 $17,222 $1,194 $18,416 $5,432
2016 $13,275 $999 $14,274 $4,740
2015 $13,275 $999 $14,274 $4,202
2014 $13,275 $999 $14,274 $3,923
2013 $13,642 $999 $14,641 $3,909
2012 $14,392 $999 $15,391 $4,196
2011 $20,916 $999 $21,915 $6,236
2010 $23,758 $999 $24,757 $6,438
2009 $23,758 $999 $24,757 $5,634
2008 $25,023 $1,598 $26,621 $6,791
2007 $20,906 $1,459 $22,365 $5,878
2006 $20,906 $1,459 $22,365 $4,477

Property facts

Year built
1971
Property type
condos
Stories
5
Beds
3
Baths
2
Living area
1,350 sqft
Lot size
ZIP code
60302
City
Oak Park
Street
Erie St
Coordinates
41.89221, -87.80233

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
$2,430
Gross rental yield
10.60%
Implied cap rate
6.89%
Trend-extrapolated value

Frequently asked questions

When did 1040 Erie St last sell?
1040 Erie St most recently sold on Apr 6, 2022 for $275,000.
What is the current tax assessment for 1040 Erie St?
The most recent total assessment for 1040 Erie St (year 2023) is $24,242 with $5,957 in property tax.
How does 1040 Erie St's assessment compare to its last sale price?
The current assessment is 91.2% below the last sale price of $275,000.
When was 1040 Erie St built?
1040 Erie St was built in 1971.
How does 1040 Erie St compare to others on Erie St?
We track 8 other properties on Erie St. Browse the list under "Other properties on Erie St" to compare beds, baths, and sale history.
What are the property facts for 1040 Erie St?
1040 Erie St is a 3 bed, 2 bath, 1,350 sqft condos.
Is 1040 Erie St a flip candidate?
No — 1040 Erie St does not appear in our flips dataset.
Is 1040 Erie St a tax-appeal candidate?
No — 1040 Erie St 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
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$455.9K
2026 Q4
$458.3K
ZIP 60302 — Median Price History + Forecast

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