Taxes
- Assessed Value: $17,617
- Assessed Year: 2025
- Assessed County: Cook
- APN: 24-21-426-016-0000
- Assessed Land Value: 3874
- Market Land Value: 38740
- Tax Amount: 5837
- Tax Year: 2023
- Market Value: 176170
- Market Year: 2025
5041 W 118th St; Alsip, IL Property Details
Off market
5041 W 118th St Alsip, IL 60803
$115,000 Listing Price
3 Beds
1 Baths
1,121 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1975
- Purchase Price: $115,000
- Open Loans / Balance: 1 / $104,470
- Est. Equity / %: $60,530 / 36.68%
- Gross Yield: 17.127%
- APN: 24-21-426-016-0000
- Situs County: Cook
- Length Of Ownership: 8 years, 1 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 6
Structure
- Building Style: Masonry
- Stories: 1
- Exterior Wall Type: Masonry
- Building Condition: Good
- Building Quality: C
- Roof Cover Type: Asphalt
Measurements
- Total: 1,121/SqFt
- Lot: 6,457/SqFt
- Gross: 1,121/SqFt
- Living: 1,121/SqFt
- Building: 1,121/SqFt
- Ground: 1,121/SqFt
- Price Per Square Foot: $102.59
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: 41.67782 / -87.74604
- Subdivision: Vernon Wolfes Resubdivision
- Property Class: Residential
- County Use Code: 2-03
Amenities
- Plus Four: 3906
- Cooling: Yes
- Garage: Detached Garage
- Heating: Yes
- Parking: 2
Ownership Info
5041 W 118th St has no associated ownership info
5041 W 118th St has no associated ownership info.
Taxes
5041 W 118th St has 10 associated Taxes items
5041 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 $17,617. The APN we've located for 5041 W 118th St is 24-21-426-016-0000.
Unlock the full reportTax History
5041 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 $17,617 | Land Value $3,874 | Improvement Value $13,743 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $17,617 | Land Value $3,874 | Improvement Value $13,743 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $5,837 | Change Rate +0.047817% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $13,872 | Land Value $3,390 | Improvement Value $10,482 | Tax Amount $5,570.63 | Change Rate +0.051229% | Assessed CR | Tax Rate +0.401574% |
| Year 2021 | Assessed Value $13,870 | Land Value $3,389 | Improvement Value $10,481 | Tax Amount $5,299.16 | Change Rate +0.011742% | Assessed CR | Tax Rate +0.382059% |
| Year 2020 | Assessed Value $13,870 | Land Value $3,389 | Improvement Value $10,481 | Tax Amount $5,237.66 | Change Rate -0.011509% | Assessed CR | Tax Rate +0.377625% |
| Year 2019 | Assessed Value $13,526 | Land Value $3,067 | Improvement Value $10,459 | Tax Amount $5,298.64 | Change Rate +0.573698% | Assessed CR | Tax Rate +0.391737% |
| Year 2018 | Assessed Value $15,112 | Land Value $3,067 | Improvement Value $12,045 | Tax Amount $3,367 | Change Rate -0.413391% | Assessed CR | Tax Rate +0.222803% |
| Year 2017 | Assessed Value $15,112 | Land Value $3,067 | Improvement Value $12,045 | Tax Amount $5,739.77 | Change Rate +2.511486% | Assessed CR | Tax Rate +0.379815% |
| Year 2016 | Assessed Value $12,573 | Land Value $2,582 | Improvement Value $9,991 | Tax Amount $1,634.57 | Change Rate -0.040447% | Assessed CR | Tax Rate +0.130006% |
| Year 2015 | Assessed Value $12,573 | Land Value $2,582 | Improvement Value $9,991 | Tax Amount $1,703.47 | Change Rate +0.057911% | Assessed CR | Tax Rate +0.135486% |
| Year 2014 | Assessed Value $12,573 | Land Value $2,582 | Improvement Value $9,991 | Tax Amount $1,610.22 | Change Rate +0.056291% | Assessed CR | Tax Rate +0.12807% |
| Year 2013 | Assessed Value $15,304 | Land Value $2,582 | Improvement Value $12,722 | Tax Amount $1,524.41 | Change Rate | Assessed CR | Tax Rate +0.099609% |