Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 25M+ properties All 50 states Methodology

509 54th Pl

Western Springs, IL 60558

3 bd 3 ba 1,460 sqft Built 1955 single_family
Most recent sale
$475,000
Apr 22, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2024 Sold $475,000 MRED
Mar 14, 2024 Listed $500,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $44,869 $10,130 $54,999 $10,583
2022 $31,995 $8,723 $40,718 $8,866
2021 $31,995 $8,723 $40,718 $2,949
2020 $31,995 $8,723 $40,718 $2,683
2019 $34,324 $7,879 $42,203 $2,967
2018 $34,324 $7,879 $42,203 $2,902
2017 $34,324 $7,879 $42,203 $2,765
2016 $30,741 $6,753 $37,494 $3,751
2015 $30,741 $6,753 $37,494 $3,878
2014 $30,741 $6,753 $37,494 $3,738
2013 $30,315 $6,753 $37,068 $3,744
2012 $30,315 $6,753 $37,068 $3,432
2011 $30,315 $6,753 $37,068 $3,273
2010 $41,729 $6,753 $48,482 $2,610
2009 $41,729 $6,753 $48,482 $2,525
2007 $33,608 $9,905 $43,513 $2,863
2006 $33,608 $9,905 $43,513 $2,941

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,460 sqft
Lot size
ZIP code
60558
City
Western Springs
Street
54th Pl
Coordinates
41.79023, -87.89451

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,628
Gross rental yield
6.64%
Implied cap rate
4.32%
Trend-extrapolated value

Frequently asked questions

When did 509 54th Pl last sell?
509 54th Pl most recently sold on Apr 22, 2024 for $475,000.
What is the current tax assessment for 509 54th Pl?
The most recent total assessment for 509 54th Pl (year 2023) is $54,999 with $10,583 in property tax.
How does 509 54th Pl's assessment compare to its last sale price?
The current assessment is 88.4% below the last sale price of $475,000.
When was 509 54th Pl built?
509 54th Pl was built in 1955.
How does 509 54th Pl compare to others on 54th Pl?
We do not currently track other properties on 54th Pl.
What are the property facts for 509 54th Pl?
509 54th Pl is a 3 bed, 3 bath, 1,460 sqft single_family.
Is 509 54th Pl a flip candidate?
No — 509 54th Pl does not appear in our flips dataset.
Is 509 54th Pl a tax-appeal candidate?
No — 509 54th Pl 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
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$1.44M
2026 Q4
$1.5M
ZIP 60558 — Median Price History + Forecast

Explore nearby