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2501 Western Ave

Waukegan, IL 60087

3 bd 1 ba 1,073 sqft Built 1957 Lot 6,473 sqft single_family
Most recent sale
$155,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $155,000 MLS #11426987
Jun 22, 2022 Price changed $155,000 MLS #11426987
Jun 7, 2022 Listed $165,000 MLS #11426987
Jul 19, 2013 Sold $33,500 Public Record
Mar 31, 1997 Sold $71,500 Public Record
Oct 1, 1991 Sold $70,900 Public Record
Apr 1, 1983 Sold $38,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,201 $14,134 $53,335 $4,309
2023 $36,500 $13,160 $49,660 $4,223
2022 $29,817 $8,621 $38,438 $3,757
2021 $26,775 $7,690 $34,465 $3,593
2020 $24,944 $7,164 $32,108 $3,640
2019 $22,857 $6,565 $29,422 $3,663
2018 $18,055 $8,517 $26,572 $3,527
2017 $15,974 $7,535 $23,509 $3,369
2016 $13,881 $6,548 $20,429 $3,157
2015 $12,424 $5,861 $18,285 $3,089
2014 $12,424 $5,861 $18,285 $1,876
2013 $4,999 $6,082 $11,081 $1,744
2012 $15,286 $7,982 $23,268 $3,718
2011 $19,108 $9,977 $29,085 $3,811
2010 $24,121 $10,075 $34,196 $3,843
2009 $25,518 $15,578 $41,096 $3,940
2008 $26,250 $16,025 $42,275 $3,801
2007 $25,187 $15,376 $40,563 $3,158
2006 $24,218 $14,785 $39,003 $3,097

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,073 sqft
Lot size
6,473 sqft
ZIP code
60087
City
Waukegan
Street
Western Ave
Coordinates
42.39762, -87.84452

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2501 Western Ave last sell?
2501 Western Ave most recently sold on Jul 29, 2022 for $155,000.
What is the current tax assessment for 2501 Western Ave?
The most recent total assessment for 2501 Western Ave (year 2024) is $53,335 with $4,309 in property tax.
How does 2501 Western Ave's assessment compare to its last sale price?
The current assessment is 65.6% below the last sale price of $155,000.
When was 2501 Western Ave built?
2501 Western Ave was built in 1957.
How does 2501 Western Ave compare to others on Western Ave?
We track 8 other properties on Western Ave. Browse the list under "Other properties on Western Ave" to compare beds, baths, and sale history.
What are the property facts for 2501 Western Ave?
2501 Western Ave is a 3 bed, 1 bath, 1,073 sqft, 6,473 sqft lot single_family.
Is 2501 Western Ave a flip candidate?
No — 2501 Western Ave does not appear in our flips dataset.
Is 2501 Western Ave a tax-appeal candidate?
No — 2501 Western 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
+2.5%
Implied 1-yr
+10.1%
2026 Q3
$241.8K
2026 Q4
$247K
ZIP 60087 — Median Price History + Forecast

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