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118 Home Ave

Oak Park, IL 60302

5 bd 4 ba 2,938 sqft Built 1902 Lot 8,712 sqft multi_family
Most recent sale
$348,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $348,000 MLS #11446041
Jul 6, 2022 Price changed $249,100 MLS #11446041
Jun 24, 2022 Listed MLS #11446041
Dec 21, 1993 Sold $187,000 Public Record
Sep 7, 1978 Sold $52,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $27,485 $13,515 $41,000 $13,366
2022 $36,462 $10,136 $46,598 $17,893
2021 $36,462 $10,136 $46,598 $17,436
2020 $36,462 $10,136 $46,598 $17,010
2019 $41,017 $9,235 $50,252 $19,280
2018 $41,017 $9,235 $50,252 $18,557
2017 $41,017 $9,235 $50,252 $18,150
2016 $38,750 $7,658 $46,408 $18,678
2015 $38,750 $7,658 $46,408 $16,736
2014 $38,750 $7,658 $46,408 $15,551
2013 $45,466 $7,658 $53,124 $17,289
2012 $45,466 $7,658 $53,124 $17,283
2011 $45,466 $7,658 $53,124 $16,651
2010 $42,630 $7,658 $50,288 $14,672
2009 $45,160 $7,658 $52,818 $14,735
2008 $44,540 $12,253 $56,793 $14,489
2007 $41,777 $9,009 $50,786 $13,348
2006 $41,777 $9,009 $50,786 $13,001

Property facts

Year built
1902
Property type
multi_family
Stories
Beds
5
Baths
4
Living area
2,938 sqft
Lot size
8,712 sqft
ZIP code
60302
City
Oak Park
Street
Home Ave
Coordinates
41.88608, -87.79966

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,088
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 118 Home Ave last sell?
118 Home Ave most recently sold on Jul 27, 2022 for $348,000.
What is the current tax assessment for 118 Home Ave?
The most recent total assessment for 118 Home Ave (year 2023) is $41,000 with $13,366 in property tax.
How does 118 Home Ave's assessment compare to its last sale price?
The current assessment is 88.2% below the last sale price of $348,000.
When was 118 Home Ave built?
118 Home Ave was built in 1902.
How does 118 Home Ave compare to others on Home Ave?
We track 8 other properties on Home Ave. Browse the list under "Other properties on Home Ave" to compare beds, baths, and sale history.
What are the property facts for 118 Home Ave?
118 Home Ave is a 5 bed, 4 bath, 2,938 sqft, 8,712 sqft lot multi_family.
Is 118 Home Ave a flip candidate?
No — 118 Home Ave does not appear in our flips dataset.
Is 118 Home Ave a tax-appeal candidate?
No — 118 Home 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
+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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