Taxes
- Assessed Value: $22,000
- Assessed Year: 2025
- Assessed County: Cook
- APN: 24-21-418-003-0000
- Assessed Land Value: 9648
- Market Land Value: 96480
- Tax Amount: 6191
- Tax Year: 2023
- Market Value: 220000
- Market Year: 2025
5040 W 118th St; Alsip, IL Property Details
Off market
5040 W 118th St Alsip, IL 60803
$22,000 Estimated Value
3 Beds
1.5 Baths
1,310 SqFt
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1948
- Est. Equity / %: $334,000 / 100%
- Gross Yield: 10.437%
- APN: 24-21-418-003-0000
- Situs County: Cook
Rooms
- Bedrooms: 3
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 6
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 1.5
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 1,310/SqFt
- Lot: 16,080/SqFt
- Gross: 1,310/SqFt
- Living: 1,310/SqFt
- Building: 1,310/SqFt
Legal Description
- Description: (CICERO) AVE ACRES SUB OF SE SEC 21-37-13
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Community High School District 218
- Lat / Lon: 41.678276 / -87.74622
- Subdivision: Ave Acres Sub
- Property Class: Residential
- County Use Code: 2-03
Amenities
- Plus Four: 5189
- Cooling: Yes
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
5040 W 118th St has no associated ownership info
5040 W 118th St has no associated ownership info.
Taxes
5040 W 118th St has 10 associated Taxes items
5040 W 118th St, Alsip, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $22,000. The APN we've located for 5040 W 118th St is 24-21-418-003-0000.
Unlock the full reportTax History
5040 W 118th St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $22,000 | Land Value $9,648 | Improvement Value $12,352 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $22,000 | Land Value $9,648 | Improvement Value $12,352 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $6,191 | Change Rate +0.201205% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $16,253 | Land Value $6,030 | Improvement Value $10,223 | Tax Amount $5,153.99 | Change Rate +0.04389% | Assessed CR | Tax Rate +0.31711% |
| Year 2021 | Assessed Value $16,253 | Land Value $6,030 | Improvement Value $10,223 | Tax Amount $4,937.29 | Change Rate -0.005779% | Assessed CR | Tax Rate +0.303777% |
| Year 2020 | Assessed Value $16,253 | Land Value $6,030 | Improvement Value $10,223 | Tax Amount $4,965.99 | Change Rate +0.36713% | Assessed CR | Tax Rate +0.305543% |
| Year 2019 | Assessed Value $12,702 | Land Value $5,628 | Improvement Value $7,074 | Tax Amount $3,632.42 | Change Rate +0.039474% | Assessed CR | Tax Rate +0.285972% |
| Year 2018 | Assessed Value $12,702 | Land Value $5,628 | Improvement Value $7,074 | Tax Amount $3,494.48 | Change Rate -0.234625% | Assessed CR | Tax Rate +0.275113% |
| Year 2017 | Assessed Value $15,396 | Land Value $5,628 | Improvement Value $9,768 | Tax Amount $4,565.71 | Change Rate +0.222841% | Assessed CR | Tax Rate +0.296552% |
| Year 2016 | Assessed Value $12,128 | Land Value $4,824 | Improvement Value $7,304 | Tax Amount $3,733.69 | Change Rate -0.031551% | Assessed CR | Tax Rate +0.307857% |
| Year 2015 | Assessed Value $12,647 | Land Value $4,824 | Improvement Value $7,823 | Tax Amount $3,855.33 | Change Rate -0.070548% | Assessed CR | Tax Rate +0.304841% |
| Year 2014 | Assessed Value $13,740 | Land Value $4,824 | Improvement Value $8,916 | Tax Amount $4,147.96 | Change Rate +0.107733% | Assessed CR | Tax Rate +0.301889% |
| Year 2013 | Assessed Value $13,535 | Land Value $4,824 | Improvement Value $8,711 | Tax Amount $3,744.55 | Change Rate | Assessed CR | Tax Rate +0.276657% |