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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

DateEventPriceSource
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

YearBuildingLandTotal assessedTax 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 advice
Estimated monthly rent
$2,250
Gross rental yield
11.07%
Implied cap rate
7.19%
Trend-extrapolated value

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 valuation
Quarterly trend
+6.6%
Implied 1-yr
+26.6%
2026 Q3
$547.8K
2026 Q4
$573.2K
ZIP 60501 — Median Price History + Forecast

Explore nearby

Other properties on Douglas Ave