3031 Commercial Ave
South Chicago Heights, IL 60411
2 bd 2 ba 1,370 sqft Built 1927 single_family
Most recent sale
$24,000
Sep 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 7, 2022 | Sold | $24,000 | MLS #11386010 |
| Jul 18, 2022 | Price changed | $29,000 | MLS #11386010 |
| Jun 17, 2022 | Price changed | $35,000 | MLS #11386010 |
| Apr 26, 2022 | Listed | $43,000 | MLS #11386010 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $8,847 | $2,170 | $11,017 | $3,834 |
| 2022 | $6,884 | $1,860 | $8,744 | $2,275 |
| 2021 | $6,884 | $1,860 | $8,744 | $2,174 |
| 2020 | $6,884 | $1,860 | $8,744 | $2,200 |
| 2019 | $6,383 | $1,705 | $8,088 | $1,787 |
| 2018 | $6,383 | $1,705 | $8,088 | $1,711 |
| 2017 | $6,383 | $1,705 | $8,088 | $1,869 |
| 2016 | $5,867 | $1,550 | $7,417 | $1,956 |
| 2015 | $5,867 | $1,550 | $7,417 | $1,891 |
| 2014 | $5,867 | $1,550 | $7,417 | $1,903 |
| 2013 | $7,852 | $1,550 | $9,402 | $2,423 |
| 2012 | $7,852 | $1,550 | $9,402 | $2,379 |
| 2011 | $7,852 | $1,550 | $9,402 | $2,407 |
| 2010 | $8,572 | $1,550 | $10,122 | $2,382 |
| 2009 | $8,572 | $1,550 | $10,122 | $2,127 |
| 2008 | $8,175 | $2,480 | $10,655 | $1,936 |
| 2007 | $7,706 | $2,232 | $9,938 | $1,912 |
| 2006 | $7,706 | $2,232 | $9,938 | $1,810 |
Property facts
Year built
1927
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,370 sqft
Lot size
—
ZIP code
60411
City
South Chicago Heights
Street
Commercial Ave
Coordinates
41.48317, -87.63653
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$144
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3031 Commercial Ave last sell?
3031 Commercial Ave most recently sold on Sep 7, 2022 for $24,000.
What is the current tax assessment for 3031 Commercial Ave?
The most recent total assessment for 3031 Commercial Ave (year 2023) is $11,017 with $3,834 in property tax.
How does 3031 Commercial Ave's assessment compare to its last sale price?
The current assessment is 54.1% below the last sale price of $24,000.
When was 3031 Commercial Ave built?
3031 Commercial Ave was built in 1927.
How does 3031 Commercial Ave compare to others on Commercial Ave?
We track 8 other properties on Commercial Ave. Browse the list under "Other properties on Commercial Ave" to compare beds, baths, and sale history.
What are the property facts for 3031 Commercial Ave?
3031 Commercial Ave is a 2 bed, 2 bath, 1,370 sqft single_family.
Is 3031 Commercial Ave a flip candidate?
No — 3031 Commercial Ave does not appear in our flips dataset.
Is 3031 Commercial Ave a tax-appeal candidate?
No — 3031 Commercial Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.2%
2026 Q3
$264.2K
2026 Q4
$273.1K
ZIP 60411 — Median Price History + Forecast
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