1131 Olive Rd is a 1,326 square foot house on a 7,500 square foot lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Homewood data, we estimate the home's value is $230,494.
Single-familyProperty Type
1955Year Built
7,500 sq ftLot Size
$174Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$230,494
$0 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.4% lower than the average sale price ($231K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2023
$1,842 (−22.6%)
$3,000 + $18,000
$21,000
2022
$2,379 (+10.1%)
$3,000 + $10,313
$13,313
2021
$2,160 (+10.9%)
$3,000 + $10,313
$13,313
2020
$1,948 (−12.7%)
$3,000 + $10,313
$13,313
2019
$2,232 (+3.1%)
$2,812 + $9,600
$12,412
2018
$2,165 (+1.7%)
$2,812 + $9,600
$12,412
2017
$2,129 (−36.6%)
$2,812 + $9,600
$12,412
2016
$3,359 (−3.9%)
$2,625 + $8,979
$11,604
2015
$3,495 (+35.0%)
$2,625 + $8,979
$11,604
2014
$2,589 (−33.3%)
$2,625 + $8,979
$11,604
2013
$3,883 (−0.5%)
$2,625 + $10,646
$13,271
2012
$3,904 (−14.3%)
$2,625 + $10,646
$13,271
2011
$4,554 (−2.5%)
$2,625 + $10,646
$13,271
2010
$4,670 (+7.6%)
$2,625 + $14,254
$16,879
2009
$4,341 (+5.8%)
$2,625 + $14,254
$16,879
2008
$4,103 (+1.3%)
$4,200 + $13,568
$17,768
2007
$4,051
$3,600 + $12,573
$16,173
Tax history for 1131 Olive Rd
Year
Property tax
Land + Additions
Assessment*
2023
$1,842 (−22.6%)
$3,000 + $18,000
$21,000
2022
$2,379 (+10.1%)
$3,000 + $10,313
$13,313
2021
$2,160 (+10.9%)
$3,000 + $10,313
$13,313
2020
$1,948 (−12.7%)
$3,000 + $10,313
$13,313
2019
$2,232 (+3.1%)
$2,812 + $9,600
$12,412
2018
$2,165 (+1.7%)
$2,812 + $9,600
$12,412
2017
$2,129 (−36.6%)
$2,812 + $9,600
$12,412
2016
$3,359 (−3.9%)
$2,625 + $8,979
$11,604
2015
$3,495 (+35.0%)
$2,625 + $8,979
$11,604
2014
$2,589 (−33.3%)
$2,625 + $8,979
$11,604
2013
$3,883 (−0.5%)
$2,625 + $10,646
$13,271
2012
$3,904 (−14.3%)
$2,625 + $10,646
$13,271
2011
$4,554 (−2.5%)
$2,625 + $10,646
$13,271
2010
$4,670 (+7.6%)
$2,625 + $14,254
$16,879
2009
$4,341 (+5.8%)
$2,625 + $14,254
$16,879
2008
$4,103 (+1.3%)
$4,200 + $13,568
$17,768
2007
$4,051
$3,600 + $12,573
$16,173
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-2
Single-Family Residence District
The purpose of the R-2 single-family residence district is to protect and maintain detached single-family residential development and limited other public and institutional uses compatible with the surrounding residential neighborhoods. The standards are intended to maintain the mid-density characteristic of the current development pattern.
Permitted uses
Include but are not limited to:
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Oct 6, 2025 • Final
Building
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Finish: Recreation Room
Basement Type: Full
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Bungalow
Exterior Wall: Frame
Building Type: Residential
Property Information
Living Sq. Ft: 1,326
# of Stories: 1
Stories Type: 1
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,500
Acres: 0.1722
County Use Description: RESID 1 STORY
Financial
Assessor Information
Assessment Year: 2023
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,326
Stories: 1.0
Lot Size: 7,500 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Cook County
APN: 29324040560000
Home facts updated by county records on Jul 11, 2026
Around this home
Schools
Willow School
Public PreK-2 • Assigned • 0.8mi
James Hart School
Public 6-8 • Assigned • 0.1mi
7/10
Homewood-Flossmoor High School
Public 9-12 • Assigned • 2.5mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Homewood, IL • 60430
Average low and high temperatures (°F)
30
16
39
23
56
34
63
43
69
49
82
63
86
69
83
65
80
59
69
49
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$219,000 – $266,000
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