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518 Highland Ave

Oak Park, IL 60304

4 bd 3 ba 2,300 sqft Built 1923 Lot 4,688 sqft single_family
Most recent sale
$412,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $412,000 MLS #11344204
Mar 10, 2022 Listed $399,000 MLS #11344204
Oct 13, 2005 Sold $419,000 Public Record
Sep 11, 1995 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $37,438 $6,561 $43,999 $13,262
2022 $35,967 $4,687 $40,654 $14,297
2021 $35,967 $4,687 $40,654 $13,966
2020 $37,765 $4,687 $42,452 $14,364
2019 $31,518 $4,218 $35,736 $12,394
2018 $31,518 $4,218 $35,736 $11,927
2017 $31,518 $4,218 $35,736 $11,688
2016 $30,770 $3,515 $34,285 $12,794
2015 $30,770 $3,515 $34,285 $11,417
2014 $30,770 $3,515 $34,285 $10,628
2013 $29,208 $3,515 $32,723 $9,793
2012 $29,208 $3,515 $32,723 $9,834
2011 $29,208 $3,515 $32,723 $9,623
2010 $31,661 $3,515 $35,176 $8,494
2009 $31,661 $3,515 $35,176 $7,661
2008 $32,200 $5,624 $37,824 $6,823
2007 $25,269 $4,874 $30,143 $6,435
2006 $25,269 $4,874 $30,143 $6,153

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,300 sqft
Lot size
4,688 sqft
ZIP code
60304
City
Oak Park
Street
Highland Ave
Coordinates
41.87915, -87.78163

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
$4,140
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value

Frequently asked questions

When did 518 Highland Ave last sell?
518 Highland Ave most recently sold on Apr 28, 2022 for $412,000.
What is the current tax assessment for 518 Highland Ave?
The most recent total assessment for 518 Highland Ave (year 2023) is $43,999 with $13,262 in property tax.
How does 518 Highland Ave's assessment compare to its last sale price?
The current assessment is 89.3% below the last sale price of $412,000.
When was 518 Highland Ave built?
518 Highland Ave was built in 1923.
How does 518 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 518 Highland Ave?
518 Highland Ave is a 4 bed, 3 bath, 2,300 sqft, 4,688 sqft lot single_family.
Is 518 Highland Ave a flip candidate?
No — 518 Highland Ave does not appear in our flips dataset.
Is 518 Highland Ave a tax-appeal candidate?
No — 518 Highland 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
+2.1%
Implied 1-yr
+8.2%
2026 Q2
$512.1K
2026 Q3
$521.3K
ZIP 60304 — Median Price History + Forecast

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