7503 Douglas Ave
Summit, IL 60501
4 bd 2 ba 1,526 sqft Built 1899 Lot 5,001 sqft single_family
Most recent sale
$270,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $270,000 | MLS #11397763 |
| May 9, 2022 | Listed | $250,000 | MLS #11397763 |
| Mar 11, 2020 | Listing removed | $216,000 | MRED |
| Jul 23, 2019 | Listing removed | $220,000 | MRED |
| May 31, 2019 | Price changed | $220,000 | MLS #10353344 |
| Apr 23, 2019 | Listed | $225,000 | MLS #10353344 |
| Oct 27, 2018 | Listing removed | $215,000 | MRED |
| Oct 26, 2018 | Listing removed | $215,000 | MRED |
| Sep 18, 2018 | Price changed | $215,000 | MLS #09927793 |
| Apr 25, 2018 | Listed | $220,000 | MLS #09927793 |
| May 2, 2015 | Listing removed | $150,000 | MRED |
| Apr 14, 2015 | Price changed | $150,000 | MLS #08764273 |
| Mar 11, 2015 | Price changed | $153,500 | MLS #08764273 |
| Feb 9, 2015 | Price changed | $156,750 | MLS #08764273 |
| Jan 20, 2015 | Price changed | $159,900 | MLS #08764273 |
| Dec 27, 2014 | Price changed | $163,000 | MLS #08764273 |
| Dec 8, 2014 | Price changed | $165,000 | MLS #08764273 |
| Oct 29, 2014 | Listed | $175,000 | MLS #08764273 |
| Jul 2, 2014 | Listing removed | $220,000 | MRED |
| Apr 30, 2014 | Listed | $220,000 | MLS #08600454 |
| Jan 7, 2013 | Listing removed | $214,900 | MRED |
| Dec 5, 2012 | Price changed | $214,900 | MLS #07332018 |
| Sep 14, 2010 | Price changed | $220,000 | MLS #07332018 |
| Jul 27, 2010 | Price changed | $225,000 | MLS #07332018 |
| Jan 11, 2010 | Price changed | $230,000 | MLS #07332018 |
| Sep 29, 2009 | Listed | $250,000 | MLS #07332018 |
| Feb 22, 2005 | Sold | $146,000 | Public Record |
| Oct 3, 1989 | Sold | $57,500 | Public Record |
| Feb 1, 1987 | Sold | $49,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $18,375 | $3,625 | $22,000 | $7,708 |
| 2022 | $10,873 | $3,125 | $13,998 | $3,383 |
| 2021 | $10,873 | $3,125 | $13,998 | $3,360 |
| 2020 | $10,873 | $3,125 | $13,998 | $3,616 |
| 2019 | $11,209 | $2,875 | $14,084 | $3,637 |
| 2018 | $11,209 | $2,875 | $14,084 | $4,734 |
| 2017 | $11,209 | $2,875 | $14,084 | $4,755 |
| 2016 | $9,612 | $2,500 | $12,112 | $4,541 |
| 2015 | $9,612 | $2,500 | $12,112 | $4,343 |
| 2014 | $9,612 | $2,500 | $12,112 | $4,275 |
| 2013 | $10,032 | $2,500 | $12,532 | $3,983 |
| 2012 | $10,032 | $2,500 | $12,532 | $4,203 |
| 2011 | $10,032 | $2,500 | $12,532 | $4,075 |
| 2010 | $17,103 | $2,500 | $19,603 | $4,668 |
| 2009 | $17,103 | $2,500 | $19,603 | $3,999 |
| 2008 | $17,080 | $4,000 | $21,080 | $3,375 |
| 2007 | $12,212 | $3,600 | $15,812 | $3,335 |
| 2006 | $12,212 | $3,600 | $15,812 | $3,252 |
Property facts
Year built
1899
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,526 sqft
Lot size
5,001 sqft
ZIP code
60501
City
Summit
Street
Douglas Ave
Coordinates
41.79302, -87.80793
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,747
Gross rental yield
12.21%
Implied cap rate
7.94%
Trend-extrapolated value
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Frequently asked questions
When did 7503 Douglas Ave last sell?
7503 Douglas Ave most recently sold on Jun 17, 2022 for $270,000.
What is the current tax assessment for 7503 Douglas Ave?
The most recent total assessment for 7503 Douglas Ave (year 2023) is $22,000 with $7,708 in property tax.
How does 7503 Douglas Ave's assessment compare to its last sale price?
The current assessment is 91.9% below the last sale price of $270,000.
When was 7503 Douglas Ave built?
7503 Douglas Ave was built in 1899.
How does 7503 Douglas Ave compare to others on Douglas Ave?
We track 1 other property on Douglas Ave. Browse the list under "Other properties on Douglas Ave" to compare beds, baths, and sale history.
What are the property facts for 7503 Douglas Ave?
7503 Douglas Ave is a 4 bed, 2 bath, 1,526 sqft, 5,001 sqft lot single_family.
Is 7503 Douglas Ave a flip candidate?
No — 7503 Douglas Ave does not appear in our flips dataset.
Is 7503 Douglas Ave a tax-appeal candidate?
No — 7503 Douglas 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
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$547.8K
2026 Q4
$573.2K
ZIP 60501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Douglas Ave