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12220 Austin Ave

Palos Heights, IL 60463

3 bd 2 ba 1,600 sqft Built 1978 Lot 10,816 sqft single_family
Most recent sale
$255,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2023 Sold $349,700 MRED
Mar 21, 2023 Listing removed $349,700 MRED
Mar 21, 2023 Listed $349,700 MRED
Feb 3, 2023 Price changed $349,700 MRED
Jan 18, 2023 Price changed $364,700 MRED
Jan 2, 2023 Listing removed $374,700 MRED
Jan 2, 2023 Listed $374,700 MRED
Nov 16, 2022 Listed $374,700 MRED
Nov 16, 2022 Listing removed $374,700 MRED
Oct 24, 2022 Price changed $374,700 MLS #11614715
Oct 5, 2022 Price changed $379,700 MLS #11614715
Sep 19, 2022 Price changed $384,700 MLS #11614715
Sep 8, 2022 Price changed $394,700 MLS #11614715
Aug 26, 2022 Listing removed $399,700 MRED
Aug 26, 2022 Listed $399,700 MLS #11614715
Jul 1, 2022 Listed $399,700 MLS #11451992
May 26, 2022 Sold $255,000 MLS #11358067
Apr 1, 2022 Price changed $269,900 MLS #11358067
Mar 26, 2022 Listed $279,900 MLS #11358067

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $19,428 $7,571 $26,999 $6,685
2022 $17,101 $4,867 $21,968 $4,661
2021 $17,101 $4,867 $21,968 $2,068
2020 $17,101 $4,867 $21,968 $1,902
2019 $18,769 $4,326 $23,095 $2,075
2018 $18,769 $4,326 $23,095 $1,966
2017 $18,769 $4,326 $23,095 $1,953
2016 $17,374 $3,515 $20,889 $2,754
2015 $17,374 $3,515 $20,889 $2,843
2014 $17,374 $3,515 $20,889 $2,734
2013 $14,250 $3,515 $17,765 $2,602
2012 $14,250 $3,515 $17,765 $2,375
2011 $14,250 $3,515 $17,765 $2,262
2010 $20,388 $3,515 $23,903 $1,846
2009 $22,957 $3,515 $26,472 $1,780
2008 $22,242 $5,624 $27,866 $1,839
2007 $17,422 $5,624 $23,046 $2,050
2006 $17,422 $5,624 $23,046 $2,121

Property facts

Year built
1978
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,600 sqft
Lot size
10,816 sqft
ZIP code
60463
City
Palos Heights
Street
Austin Ave
Coordinates
41.66816, -87.76852

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
13.55%
Implied cap rate
8.81%
Trend-extrapolated value

Frequently asked questions

When did 12220 Austin Ave last sell?
12220 Austin Ave most recently sold on May 26, 2022 for $255,000.
What is the current tax assessment for 12220 Austin Ave?
The most recent total assessment for 12220 Austin Ave (year 2023) is $26,999 with $6,685 in property tax.
How does 12220 Austin Ave's assessment compare to its last sale price?
The current assessment is 89.4% below the last sale price of $255,000.
When was 12220 Austin Ave built?
12220 Austin Ave was built in 1978.
How does 12220 Austin Ave compare to others on Austin Ave?
We track 8 other properties on Austin Ave. Browse the list under "Other properties on Austin Ave" to compare beds, baths, and sale history.
What are the property facts for 12220 Austin Ave?
12220 Austin Ave is a 3 bed, 2 bath, 1,600 sqft, 10,816 sqft lot single_family.
Is 12220 Austin Ave a flip candidate?
Yes — 12220 Austin Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12220 Austin Ave a tax-appeal candidate?
No — 12220 Austin 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
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$335.6K
2026 Q4
$335K
ZIP 60463 — Median Price History + Forecast

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