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12497 Chicago Ave

Wellston, MI 49689

4 bd 1 ba 1,104 sqft Built 1910 Lot 811,087 sqft single_family
Most recent sale
$170,000
Apr 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2025 Sold $200,000 MichRic
Nov 7, 2025 Listed $220,000 MichRic
Apr 28, 2023 Sold $170,000 MichRic

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $50,300 $1,715
2021 $47,000 $1,654
2020 $46,600 $1,613
2019 $44,000 $1,595
2018 $38,000 $1,567
2017 $36,600 $1,536
2016 $36,200 $1,523
2015 $37,100 $1,518
2014 $38,200 $1,490
2013 $38,000 $1,452
2012 $40,300 $1,425
2011 $41,600 $1,402
2009 $46,600 $1,361

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
1,104 sqft
Lot size
811,087 sqft
ZIP code
49689
City
Wellston
Street
Chicago Ave
Coordinates
44.25291, -86.05298

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
11.69%
Implied cap rate
7.60%
Trend-extrapolated value

Frequently asked questions

When did 12497 Chicago Ave last sell?
12497 Chicago Ave most recently sold on Apr 28, 2023 for $170,000.
What is the current tax assessment for 12497 Chicago Ave?
The most recent total assessment for 12497 Chicago Ave (year 2022) is $50,300 with $1,715 in property tax.
How does 12497 Chicago Ave's assessment compare to its last sale price?
The current assessment is 70.4% below the last sale price of $170,000.
When was 12497 Chicago Ave built?
12497 Chicago Ave was built in 1910.
How does 12497 Chicago Ave compare to others on Chicago Ave?
We track 8 other properties on Chicago Ave. Browse the list under "Other properties on Chicago Ave" to compare beds, baths, and sale history.
What are the property facts for 12497 Chicago Ave?
12497 Chicago Ave is a 4 bed, 1 bath, 1,104 sqft, 811,087 sqft lot single_family.
Is 12497 Chicago Ave a flip candidate?
No — 12497 Chicago Ave does not appear in our flips dataset.
Is 12497 Chicago Ave a tax-appeal candidate?
No — 12497 Chicago 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$228.4K
2026 Q4
$228.4K
ZIP 49689 — Median Price History + Forecast

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