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216 Michigan Ave

Villa Park, IL 60181

2 bd 2 ba 1,229 sqft Built 1940 Lot 9,350 sqft single_family
Most recent sale
$215,333
Feb 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2024 Sold $377,000 MRED
Mar 1, 2024 Listed $375,000 MRED
Feb 8, 2022 Sold $215,333 Public Record
Feb 2, 2022 Listed for rent $2,500 TurboTenant
Jan 31, 2022 Sold $323,000 MLS #11302899
Jan 12, 2022 Listed $325,000 MLS #11302899

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $70,421 $33,848 $104,269 $7,276
2022 $62,600 $30,090 $92,690 $6,740
2021 $61,040 $29,340 $90,380 $6,464
2020 $59,700 $28,700 $88,400 $6,309
2019 $56,760 $27,290 $84,050 $5,888
2018 $51,170 $24,600 $75,770 $5,604
2017 $48,760 $23,440 $72,200 $5,466
2016 $45,930 $22,080 $68,010 $4,878
2015 $42,790 $20,570 $63,360 $5,225
2014 $28,320 $32,850 $61,170 $5,006
2013 $28,720 $33,310 $62,030 $4,772
2012 $30,610 $35,500 $66,110 $4,668
2011 $33,240 $38,540 $71,780 $4,442
2010 $36,070 $41,830 $77,900 $4,407
2009 $38,700 $44,880 $83,580 $4,296
2008 $38,700 $44,880 $83,580 $4,212
2007 $35,570 $41,250 $76,820 $3,957
2006 $55,910 $19,430 $75,340 $3,982

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,229 sqft
Lot size
9,350 sqft
ZIP code
60181
City
Villa Park
Street
Michigan Ave
Coordinates
41.88531, -87.98599

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
$2,212
Gross rental yield
12.33%
Implied cap rate
8.01%
Trend-extrapolated value

Frequently asked questions

When did 216 Michigan Ave last sell?
216 Michigan Ave most recently sold on Feb 8, 2022 for $215,333.
What is the current tax assessment for 216 Michigan Ave?
The most recent total assessment for 216 Michigan Ave (year 2024) is $104,269 with $7,276 in property tax.
How does 216 Michigan Ave's assessment compare to its last sale price?
The current assessment is 51.6% below the last sale price of $215,333.
When was 216 Michigan Ave built?
216 Michigan Ave was built in 1940.
How does 216 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 216 Michigan Ave?
216 Michigan Ave is a 2 bed, 2 bath, 1,229 sqft, 9,350 sqft lot single_family.
Is 216 Michigan Ave a flip candidate?
No — 216 Michigan Ave does not appear in our flips dataset.
Is 216 Michigan Ave a tax-appeal candidate?
No — 216 Michigan 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
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$376.9K
2026 Q4
$378.8K
ZIP 60181 — Median Price History + Forecast

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