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507 Farm View Rd

University Park, IL 60484

3 bd 3 ba 2,522 sqft Built 1997 Lot 7,200 sqft single_family
Most recent sale
$185,900
Nov 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 4, 2024 Listed $314,700 MRED
Nov 8, 2023 Sold $185,900 MRED
Sep 1, 2023 Listed $189,900 MRED
May 10, 2004 Sold $180,000 Public Record
Mar 14, 2002 Sold $158,100 Public Record
Nov 10, 1999 Sold $158,000 Public Record
May 5, 1997 Sold $125,000 Public Record
Nov 26, 1996 Sold $29,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $64,322 $10,802 $75,124 $8,425
2022 $48,777 $8,191 $56,968 $7,183
2021 $44,355 $7,523 $51,878 $6,766
2020 $42,917 $7,279 $50,196 $6,679
2019 $40,699 $6,903 $47,602 $6,746
2018 $39,387 $6,750 $46,137 $6,641
2017 $38,198 $6,539 $44,737 $6,552
2016 $36,415 $6,302 $42,717 $6,221
2015 $34,273 $5,831 $40,104 $5,668
2014 $34,810 $5,826 $40,636 $5,782
2013 $36,450 $6,100 $42,550 $5,643
2012 $40,038 $6,552 $46,590 $5,635
2011 $46,157 $7,561 $53,718 $5,935
2010 $51,581 $8,266 $59,847 $6,149
2009 $57,550 $8,400 $65,950 $6,542
2008 $59,326 $8,400 $67,726 $6,653
2007 $56,326 $8,400 $64,726 $6,408
2006 $53,693 $4,259 $57,952 $6,366

Property facts

Year built
1997
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,522 sqft
Lot size
7,200 sqft
ZIP code
60484
City
University Park
Street
Farm View Rd
Coordinates
41.42967, -87.67214

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,115
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Farm View Rd last sell?
507 Farm View Rd most recently sold on Nov 8, 2023 for $185,900.
What is the current tax assessment for 507 Farm View Rd?
The most recent total assessment for 507 Farm View Rd (year 2024) is $75,124 with $8,425 in property tax.
How does 507 Farm View Rd's assessment compare to its last sale price?
The current assessment is 59.6% below the last sale price of $185,900.
When was 507 Farm View Rd built?
507 Farm View Rd was built in 1997.
How does 507 Farm View Rd compare to others on Farm View Rd?
We track 8 other properties on Farm View Rd. Browse the list under "Other properties on Farm View Rd" to compare beds, baths, and sale history.
What are the property facts for 507 Farm View Rd?
507 Farm View Rd is a 3 bed, 3 bath, 2,522 sqft, 7,200 sqft lot single_family.
Is 507 Farm View Rd a flip candidate?
No — 507 Farm View Rd does not appear in our flips dataset.
Is 507 Farm View Rd a tax-appeal candidate?
No — 507 Farm View Rd 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
+19.9%
Implied 1-yr
+79.5%
2026 Q3
$1.31M
2026 Q4
$1.31M
ZIP 60484 — Median Price History + Forecast

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