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7200 Oak Ave

River Forest, IL 60305

1 bd 1 ba 650 sqft Built 1947 condos
Most recent sale
$72,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2025 Listed $139,000 MRED
Sep 6, 2024 Sold $95,500 MRED
Aug 4, 2024 Listed $94,000 MRED
Apr 19, 2024 Listed for rent $1,250 MRED
Aug 12, 2022 Sold $72,000 MLS #11427100
Jun 7, 2022 Listed $72,000 MLS #11427100
Jul 22, 1994 Sold $41,000 Public Record
Jun 2, 1993 Sold $59,000 Public Record
Jan 27, 1993 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $7,224 $1,004 $8,228 $2,252
2022 $4,317 $1,062 $5,379 $632
2021 $4,317 $1,062 $5,379 $637
2020 $4,317 $1,062 $5,379 $691
2019 $4,518 $965 $5,483 $637
2018 $4,518 $965 $5,483 $602
2017 $4,518 $965 $5,483 $617
2016 $3,431 $811 $4,242 $561
2015 $3,431 $811 $4,242 $512
2014 $3,431 $811 $4,242 $484
2013 $4,160 $811 $4,971 $661
2012 $5,762 $811 $6,573 $1,170
2011 $5,762 $811 $6,573 $1,275
2010 $7,110 $811 $7,921 $1,333
2009 $7,110 $811 $7,921 $1,220
2008 $9,103 $1,297 $10,400 $1,211
2007 $7,463 $1,174 $8,637 $1,216
2006 $7,463 $1,174 $8,637 $1,126

Property facts

Year built
1947
Property type
condos
Stories
4
Beds
1
Baths
1
Living area
650 sqft
Lot size
ZIP code
60305
City
River Forest
Street
Oak Ave
Coordinates
41.89233, -87.80564

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
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7200 Oak Ave last sell?
7200 Oak Ave most recently sold on Aug 12, 2022 for $72,000.
What is the current tax assessment for 7200 Oak Ave?
The most recent total assessment for 7200 Oak Ave (year 2023) is $8,228 with $2,252 in property tax.
How does 7200 Oak Ave's assessment compare to its last sale price?
The current assessment is 88.6% below the last sale price of $72,000.
When was 7200 Oak Ave built?
7200 Oak Ave was built in 1947.
How does 7200 Oak Ave compare to others on Oak Ave?
We track 8 other properties on Oak Ave. Browse the list under "Other properties on Oak Ave" to compare beds, baths, and sale history.
What are the property facts for 7200 Oak Ave?
7200 Oak Ave is a 1 bed, 1 bath, 650 sqft condos.
Is 7200 Oak Ave a flip candidate?
No — 7200 Oak Ave does not appear in our flips dataset.
Is 7200 Oak Ave a tax-appeal candidate?
No — 7200 Oak 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
+6.1%
Implied 1-yr
+24.4%
2026 Q3
$990K
2026 Q4
$1.03M
ZIP 60305 — Median Price History + Forecast

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