7517 Douglas Ave
Summit, IL 60501
2 bd 2 ba 1,250 sqft Built 1915 Lot 7,144 sqft single_family
Most recent sale
$244,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $244,000 | MLS #11326393 |
| Mar 29, 2022 | Listing removed | $259,900 | MRED |
| Feb 16, 2022 | Listing removed | $259,900 | MRED |
| Feb 16, 2022 | Listed | $259,900 | MLS #11326393 |
| Nov 26, 2021 | Listed | $259,900 | MLS #11276936 |
| Nov 22, 1991 | Sold | $72,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $18,816 | $5,183 | $23,999 | $8,408 |
| 2022 | $10,421 | $4,468 | $14,889 | $4,948 |
| 2021 | $10,421 | $4,468 | $14,889 | $4,853 |
| 2020 | $10,421 | $4,468 | $14,889 | $5,066 |
| 2019 | $11,940 | $4,111 | $16,051 | $5,802 |
| 2018 | $11,940 | $4,111 | $16,051 | $5,609 |
| 2017 | $11,940 | $4,111 | $16,051 | $5,627 |
| 2016 | $9,289 | $3,575 | $12,864 | $4,896 |
| 2015 | $9,289 | $3,575 | $12,864 | $4,687 |
| 2014 | $9,289 | $3,575 | $12,864 | $4,611 |
| 2013 | $12,939 | $3,575 | $16,514 | $5,584 |
| 2012 | $12,939 | $3,575 | $16,514 | $5,869 |
| 2011 | $12,939 | $3,575 | $16,514 | $5,617 |
| 2010 | $16,458 | $3,575 | $20,033 | $4,816 |
| 2009 | $19,351 | $3,575 | $22,926 | $5,116 |
| 2008 | $18,932 | $5,720 | $24,652 | $4,221 |
| 2007 | $12,130 | $4,861 | $16,991 | $3,714 |
| 2006 | $12,130 | $4,861 | $16,991 | $3,621 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,250 sqft
Lot size
7,144 sqft
ZIP code
60501
City
Summit
Street
Douglas Ave
Coordinates
41.79299, -87.80867
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,250
Gross rental yield
11.07%
Implied cap rate
7.19%
Trend-extrapolated value
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Frequently asked questions
When did 7517 Douglas Ave last sell?
7517 Douglas Ave most recently sold on May 13, 2022 for $244,000.
What is the current tax assessment for 7517 Douglas Ave?
The most recent total assessment for 7517 Douglas Ave (year 2023) is $23,999 with $8,408 in property tax.
How does 7517 Douglas Ave's assessment compare to its last sale price?
The current assessment is 90.2% below the last sale price of $244,000.
When was 7517 Douglas Ave built?
7517 Douglas Ave was built in 1915.
How does 7517 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 7517 Douglas Ave?
7517 Douglas Ave is a 2 bed, 2 bath, 1,250 sqft, 7,144 sqft lot single_family.
Is 7517 Douglas Ave a flip candidate?
No — 7517 Douglas Ave does not appear in our flips dataset.
Is 7517 Douglas Ave a tax-appeal candidate?
No — 7517 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