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40 Seventh Ave

South Wilmington, IL 60474

3 bd 1 ba 1,636 sqft Built 1947 Lot 14,810 sqft single_family
Most recent sale
$116,000
Jan 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 27, 2022 Sold $116,000 MLS #11256285
Nov 17, 2021 Price changed $119,900 MLS #11256285
Oct 27, 2021 Listed $124,900 MLS #11256285
Jun 6, 2016 Listing removed $89,900 MRED
May 11, 2016 Price changed $89,900 MLS #09202189
Apr 21, 2016 Listed $92,500 MLS #09202189

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,444 $11,150 $46,594 $3,292
2022 $28,686 $9,024 $37,710 $3,233
2021 $26,897 $8,461 $35,358 $3,166
2020 $26,010 $8,182 $34,192 $3,079
2019 $24,607 $7,741 $32,348 $2,941
2018 $24,385 $7,671 $32,056 $2,984
2017 $24,259 $7,631 $31,890 $3,040
2016 $25,199 $7,927 $33,126 $3,173

Property facts

Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,636 sqft
Lot size
14,810 sqft
ZIP code
60474
City
South Wilmington
Street
Seventh Ave
Coordinates
41.17067, -88.28079

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Seventh Ave last sell?
40 Seventh Ave most recently sold on Jan 27, 2022 for $116,000.
What is the current tax assessment for 40 Seventh Ave?
The most recent total assessment for 40 Seventh Ave (year 2024) is $46,594 with $3,292 in property tax.
How does 40 Seventh Ave's assessment compare to its last sale price?
The current assessment is 59.8% below the last sale price of $116,000.
When was 40 Seventh Ave built?
40 Seventh Ave was built in 1947.
How does 40 Seventh Ave compare to others on Seventh Ave?
We track 3 other properties on Seventh Ave. Browse the list under "Other properties on Seventh Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Seventh Ave?
40 Seventh Ave is a 3 bed, 1 bath, 1,636 sqft, 14,810 sqft lot single_family.
Is 40 Seventh Ave a flip candidate?
No — 40 Seventh Ave does not appear in our flips dataset.
Is 40 Seventh Ave a tax-appeal candidate?
No — 40 Seventh 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
+8.8%
Implied 1-yr
+35.0%
2026 Q2
$214.4K
2026 Q3
$226.4K
ZIP 60474 — Median Price History + Forecast

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