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1503 Elwood St

Wilmington, IL 60481

3 bd 3 ba 1,500 sqft Built 1958 single_family
Most recent sale
$211,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $211,000 MLS #11320236
Feb 24, 2022 Listed $189,900 MLS #11320236
Mar 17, 2014 Sold $77,000 Public Record
Feb 13, 2014 Sold $77,000 MLS #08310166
Jan 22, 2014 Price changed $77,000 MLS #08310166
Oct 29, 2013 Price changed $79,900 MLS #08310166
Sep 11, 2013 Price changed $89,900 MLS #08310166
Jun 20, 2013 Price changed $96,900 MLS #08310166
May 15, 2013 Price changed $99,900 MLS #08310166
Apr 20, 2013 Price changed $104,900 MLS #08310166
Apr 6, 2013 Listed $110,000 MLS #08310166
Jul 31, 1997 Sold $107,000 Public Record
Mar 25, 1996 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $51,055 $14,112 $65,167 $4,602
2022 $46,233 $12,779 $59,012 $4,095
2021 $43,148 $11,926 $55,074 $3,868
2020 $42,014 $11,612 $53,626 $3,861
2019 $41,186 $11,383 $52,569 $3,754
2018 $40,248 $11,124 $51,372 $3,678
2017 $37,597 $10,391 $47,988 $3,436
2016 $34,540 $9,546 $44,086 $3,102
2015 $33,714 $9,318 $43,032 $3,118
2014 $34,055 $9,412 $43,467 $3,154
2013 $36,291 $10,030 $46,321 $3,218
2012 $38,302 $10,586 $48,888 $3,208
2011 $40,596 $11,220 $51,816 $3,116
2010 $42,287 $11,687 $53,974 $3,131
2009 $42,287 $11,687 $53,974 $3,061
2008 $42,287 $11,687 $53,974 $2,974
2007 $39,706 $10,974 $50,680 $2,732
2006 $36,765 $10,161 $46,926 $2,747

Property facts

Year built
1958
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,500 sqft
Lot size
ZIP code
60481
City
Wilmington
Street
Elwood St
Coordinates
41.32127, -88.14394

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
$1,266
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1503 Elwood St last sell?
1503 Elwood St most recently sold on Apr 1, 2022 for $211,000.
What is the current tax assessment for 1503 Elwood St?
The most recent total assessment for 1503 Elwood St (year 2024) is $65,167 with $4,602 in property tax.
How does 1503 Elwood St's assessment compare to its last sale price?
The current assessment is 69.1% below the last sale price of $211,000.
When was 1503 Elwood St built?
1503 Elwood St was built in 1958.
How does 1503 Elwood St compare to others on Elwood St?
We track 7 other properties on Elwood St. Browse the list under "Other properties on Elwood St" to compare beds, baths, and sale history.
What are the property facts for 1503 Elwood St?
1503 Elwood St is a 3 bed, 3 bath, 1,500 sqft single_family.
Is 1503 Elwood St a flip candidate?
No — 1503 Elwood St does not appear in our flips dataset.
Is 1503 Elwood St a tax-appeal candidate?
No — 1503 Elwood St 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
+5.0%
Implied 1-yr
+19.8%
2026 Q3
$346.8K
2026 Q4
$359.8K
ZIP 60481 — Median Price History + Forecast

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